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Iberdrola and Danone España join Forces Behind the Creation of Europe’s Biggest Photovoltaic Plant

Iberdrola and Danone have joined forces in their sustainability commitments with the signing of a long-term Power Purchase Agreement (PPA), which will drive the development of Europe’s biggest photovoltaic plant. The initiative consolidates Danone’s long-term renewable strategy and means that 100% of the renewable electricity used in its plants and factories in Spain will come […]

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Ola to Access Siemens’ Integrated Digital Twin Design For EV Manufacturing

Indian ride-hailing firm Ola has announced that it has partnered with Siemens to access the integrated digital twin design for building its electric vehicle (EV), AI-driven manufacturing unit. Back in 2020, Ola signed an MoU with the government of Tamil Nadu to build the largest electric two-wheelers (E2Ws) manufacturing unit by investing 2,400 Crores. According […]

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Infineon to Foster Local Entrepreneurship in Green Agriculture

In collaboration with Startup India on Motor Drive Design Challenge for solar pumps Infineon Technologies, a world leader in semiconductors, today announced the commencement of its ‘Infineon Solar Pump Motor Drive Challenge 2021′ initiative to encourage affordable and reliable solar powered irrigation systems for farmers – design and manufactured locally. Organized in collaboration with Startup […]

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StoreDot Launches its 1st Gen ‘5-Minute Charge’ Li-ion EV Battery Samples

StoreDot, a leading innovator and developer of extreme fast charging (XFC) battery technology, has announced the availability of its first-generation ‘5-minute charge’ battery engineering samples. Representing a significant milestone for the company in its mission to eliminate the range and charging anxiety of electric vehicles (EVs), demonstrating the commercial viability of XFC batteries for the […]

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FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac

All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […]

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EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price

Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […]

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GM & Cruise Partner With Microsoft to Commercialise Self-Driving EVs

GM and Cruise have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving EVs. General Motors (GM) and Cruise, have announced that they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving electric vehicles (EVs).  As per the partnership agreement, the companies will bring together their […]

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US to Deploy 50 Million EVs by 2030, Accelerating EV Adoption

The Rocky Mountain Institute (RMI) has released a report, ‘Racing to Accelerate Electric Vehicle Adoption: Decarbonizing Transportation with Ridehailing’. The Report gives insights into the Decarbonization goals of the US. As the race is on to deploy over 50 million electric vehicles (EVs) in the United States in the coming ten years. That will put […]

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Kia Introduces Future Brand Ambition, Announces Release of First BEVs

Global mobility brand Kia has announced new details of its new brand purpose and ambitions for the future at a digital showcase event. It has come up with a new brand slogan ‘Movement that inspires’, which will see the company go beyond vehicle manufacturing to create sustainable mobility solutions for customers. Additionally, Kia has announced […]

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