Browsing: Investment
DOE May Grant $754 Million Loan to Novonix for Synthetic Graphite Facility in Tennessee
By Todd Gilbert
The U.S. Department of Energy (DOE) has announced a conditional commitment to provide up to $754 million in loans to…
Stellantis Announces €2 Billion Investment in Italian Factories, New Electric and Hybrid Models
By Robin Cannon
Stellantis (STLA.MI) revealed plans to invest €2 billion in its Italian factories by 2025, aiming to expand its portfolio of…
The Volkswagen Group and its battery subsidiary PowerCo are making a significant move in the lithium supply chain with a…
Dongfeng Motor has officially entered the Mexican market, marking a significant expansion of its overseas presence. The Chinese automaker recently…
Foxconn, the Taiwanese contract manufacturing giant, is reportedly negotiating a potential acquisition of a stake in Nissan Motor held by…
Germany’s Social Democratic Party (SPD) has outlined plans to boost the domestic electric vehicle (EV) market with tax incentives exclusively…
A recent study by the International Council on Clean Transportation (ICCT) highlights that global reserves of key minerals, combined with…
BYD has established a new division aimed at accelerating its investment in artificial intelligence (AI) and large models, focusing on…
Milwaukee, Wisconsin, has been awarded nearly $15 million in federal funding to develop a network of 53 electric vehicle (EV)…
Indonesia will offer tax incentives to electric vehicle (EV) manufacturers, including China’s BYD and GAC Aion, as well as French…
Germany’s Federal Ministry of Economics announced it will provide up to €5 billion in subsidies over several years to support…
Tesla Commences Operations at Texas Lithium Refinery, Advancing Domestic Battery Production
By Ivan Popov
Tesla has officially begun operations at its lithium refining facility in Robstown, Texas, marking a significant milestone in the company’s…
Mining giant Rio Tinto has announced a $2.5 billion investment to expand its Rincon lithium project in Argentina, with plans…
Microsoft will record an $800 million impairment charge following General Motors’ decision to discontinue its Cruise robotaxi program, according to…
The U.S. Environmental Protection Agency (EPA) has unveiled $735 million in funding aimed at accelerating the adoption of zero-emission heavy-duty…
Germany’s Federal Ministry for Digital and Transport (BMDV) has unveiled a new strategy to establish the country as a hub…
V-Green, the charging infrastructure company founded by VinFast’s Pham Nhat Vuong, has signed a letter of intent with the Prime…
DP World Electrifies London Gateway Port with Kalmar Straddle Carriers and Kempower Fast Chargers
By Jackson Han
DP World has deployed eight fully electric straddle carriers from Kalmar at its London Gateway port, equipped with Kempower’s ultra-high…
South Korea’s POSCO Holdings Inc. and Australian mining firm Hancock Prospecting have signed a memorandum of understanding to jointly establish…
Europe’s path to cutting vehicle emissions is facing growing opposition, with the European People’s Party (EPP) leading the charge to…