Author: Joshua Morris

Savannah Resources announced on Wednesday that its Barroso lithium project in northern Portugal could hold a larger deposit than the previously estimated 28 million metric tons of high-grade lithium. The London-listed company aims to extract enough lithium annually from the project to supply batteries for 500,000 to one million electric vehicles. See also: U.S. Rollback of EV Targets May Impact Lithium Demand, but Global Growth Expected to Offset Slower U.S. Pace “The results from the surface exploration which our team undertook are truly exciting,” said CEO Emanuel Proenca, highlighting the project’s potential. The Barroso site, which contains Europe’s largest known…

Rivian is bringing its R1T pickup truck and R1S SUV to select Ikon Pass destinations this winter to showcase its Snow Mode feature. From January to February 2025, the electric vehicles will be available for demo drives at specific Alterra Resorts, inviting enthusiasts to experience the performance of Rivian’s Dual and Tri-Motor vehicles in snowy conditions. In addition to demo drives, Rivian has organized a scavenger hunt featuring its Gear Guard mascot, hidden on the mountain at each location. Clues to Gear Guard’s whereabouts will be shared via @rivianofficial and resort social media accounts, including @strattonresort, @steamboatresort, and @palisadestahoe. For…

Austrian logistics company Hödlmayr is set to launch the nation’s first electric truck for car transport this month. The vehicle will operate between the Magna plant and Hödlmayr’s facility in Graz, marking a milestone in sustainable logistics for the region. The electric truck, with an estimated range of 300 kilometers, is the result of meticulous planning. Hödlmayr stated that extensive analysis of the route and operational requirements was conducted to optimize charging schedules. The truck will be charged for one hour during breaks between production shifts and fully recharged overnight while parked. Hödlmayr’s CEO, Johannes Alexander Hödlmayr, praised the collaboration…

British firm Evolt Charging has launched a new security solution called “Cable Alarm,” designed to detect when electric vehicle (EV) charger cables are cut or removed. Claimed to be the first system of its kind in the UK, the innovation is already being trialed by charge point operator Osprey. The device, manufactured by Circontrol, can be installed on Osprey’s DC chargers in under an hour, according to Evolt. When activated, the system triggers an audible alarm and a flashing beacon, with alarm durations adjustable between 10 minutes and two hours. “The device can also be integrated with notification and management…

Aegis Energy, a British startup, has secured a £100 million ($122 million) investment from Quinbrook Infrastructure Partners to develop five multi-energy refuelling stations for commercial vehicles, the company announced on Monday. The stations, touted as the first of their kind in the country, will cater to trucks and vans with a variety of clean energy options, including electric, hydrotreated vegetable oil (HVO), hydrogen, and biomethane. This initiative aligns with efforts to reduce emissions as Britain reconsiders its EV sales targets amid concerns over slow adoption rates due to limited charging infrastructure and high costs. “By providing public hubs with multiple…

Swedish public transport authority Svealandstrafiken has placed an order for 73 electric buses from Volvo Buses, marking a shift from its previous agreements with Dutch manufacturer Ebusco. According to Swedish trade media Bussmagasinet.se, this new order will replace older buses and contribute to expanding services. Currently, Svealandstrafiken operates 17 Volvo electric buses in Västerås. The 73 buses will include 13 articulated buses for urban transport in Örebro, scheduled for delivery in early 2026, and 60 buses for regional transport across Örebro and Västmanland counties. The order also includes an option for additional vehicles, with the buses to be manufactured by…

DeepRoute.ai has entered into a strategic partnership with smart, a global premium intelligent auto brand, to accelerate the development of advanced autonomous driving solutions. The collaboration focuses on creating end-to-end models and applications aimed at delivering safer and more reliable intelligent driving experiences. The partnership builds on DeepRoute.ai’s innovative DeepRoute IO platform, which has already been adopted by over 30,000 vehicles. The company aims to expand this reach to 200,000 vehicles by the end of the year. The initiative seeks to address complex driving scenarios such as navigating roundabouts, handling missing lane markings, and offering seamless parking-to-parking functionality, enhancing both…

Australian lithium miner Ioneer has secured a historic $996 million loan from the U.S. Department of Energy (DOE) to support the development of an on-site processing facility at its Rhyolite Ridge Lithium-Boron project in Nevada. The loan is a record for an Australian company and underscores the U.S.’s efforts to reduce reliance on China for critical minerals. The 20-year loan will fund the development of the project, which aims to supply lithium for electric vehicle (EV) batteries and boron for industrial uses. The mine, located 362 kilometers north of Las Vegas, will be the first new lithium mine in the…

Bidirectional charging (BiDi) technology has the potential to revolutionize Europe’s energy and mobility sectors, offering substantial economic and environmental benefits. According to a recent study by Transport & Environment (T&E), this technology could save billions of euros annually by optimizing electricity usage and reducing system costs. By enabling electric vehicles (EVs) to store and return electricity to the grid, BiDi could significantly reduce energy costs and help integrate renewable energy sources. The study highlights that the Fraunhofer Institutes estimate up to €22 billion in annual savings across the EU, with a potential for more than €100 billion in savings between…

Maserati impressed attendees at CES by displaying its autonomous driving capabilities, showcasing two versions of the MC20 supercar equipped with cutting-edge AI technology. The MC20 Coupé, which had previously made history in November with a record-breaking autonomous run, served as the safety car for the 2025 CES Autonomous Challenge at the Las Vegas Speedway. Alongside it, Maserati introduced the MC20 Cielo, a convertible version featuring the same AI-driven tech as the Coupé. Both cars are part of the Artificial Intelligence Driving Autonomous (AIDA) project, developed in collaboration with researchers at Politecnico di Milano. The team had previously made headlines when…

Volkswagen has set a new efficiency record for its ID.7 Pro S electric vehicle, covering a distance of 941 kilometers on a single battery charge at a track in Nardò, southern Italy. The vehicle, equipped with a standard 86 kWh battery, demonstrated an average consumption of 9.2 kWh per 100 kilometers, significantly surpassing its official WLTP-rated maximum range of 709 kilometers by 232 kilometers, or 32.7%. The test, conducted at an average speed of 29 km/h, showcased the ID.7 Pro S’s impressive efficiency, with the performance equivalent to approximately 1 liter of fuel consumption per 100 kilometers in a diesel…

Goldman Sachs has raised its electric vehicle (EV) sales forecast for Xiaomi, citing a more favorable outlook for demand and manufacturing capacity. Analyst Timothy Zhao’s team upgraded the forecast for Xiaomi’s EV sales to 350,000 units in 2025, a 21% increase from the previous estimate of 290,000 units and 21% higher than the current consensus. Additionally, the forecast for 2026 was revised upwards from 480,000 units to 655,000 units, reflecting a 48% increase over the current consensus. Xiaomi’s EV business is now valued at RMB 272 billion ($37 billion), with a 12-month forward price-to-sales ratio of 1.7x, higher than the…