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5 Best Lithium Battery Recycling Firms for the New EV World

The global lithium battery recycling market is projected to grow from USD 4.6 billion in 2021 to USD 22.8 billion by 2030. This implies a CAGR of 19.6% during the forecast period 2021-2030. Rising investments in EVs and subsidies to encourage battery recycling are some of the key opportunities for the lithium-ion battery recycling market. […]

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Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister

The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […]

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RE Wins at World’s 1st ‘Green’ Olympics Being Held in China: Carbon Brief

The desire of the leadership in China to showcase clean energy development and make it a part of the country’s international image, while important in itself, is backed by real developments on the ground, finds UK-based Carbon Brief, a platform that specialises in the science and policy of climate change. Established in response to the 2009 Climategate […]

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After Becoming EV Nation, Norway Seeks Battery Recycling Crown

Norway, a country of barely 5.4 million citizens, has shown a commitment to EVs that is quite simply, unmatched in the developing world. It was the country with the most electric vehicles per person in January last year. The European nation has been a frontrunner in the world EV market right through 2021. Even in […]

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Auto Makers call on UK Govt for more EV Charging Points and a ‘Regulator’

Growth pangs are appearing for the EV sector in the United Kingdom, as the industry faces the challenge of  unavailability of the required number of EV battery charging stations in the country. Just when sales of EV’s are finally taking off in a big way. That has brought the  Society of Motor Manufacturers and Traders […]

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China, Europe Lead record global EV sales in 2021

A research report from global data firm Canalys says that 2021 saw nearly 6.5 million Electric vehicles sold, including fully electric as well as hybrid passenger vehicles. Tesla led the global manufacturer stakes with a 14% share of the market, even as 2021 sales beat 2020 sales by 109%. Tesla ended the year with over […]

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Recycling technology firm Nth Cycle Raises Fresh Funding of $12.5 million

Nth Cycle, the innovative metal processing and recycling technology company, has announced the closing of its $12.5 million Series A financing, co-led by the investment arm of Frankstahl, one of the largest privately held steel distribution companies in Europe, and VoLo Earth, a Colorado-based venture firm focused on climate solutions. Nth Cycle is disrupting the critical mineral supply chain necessary for electric […]

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Lord’s Mark Industries, Kerala Automobiles to Jointly Produce EVs

Mumbai-based Lord’s Mark Industries Pvt Ltd has entered into a joint venture (JV) with Kerala Automobiles Limited (KAL) for the manufacture of electric vehicles (EVs). The first production facility of the JV will be set up at Kannur in Kerala at an estimated investment of Rs 20-30 crore. Commercial production at the Kannur unit is […]

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‘Rebirth of France’s Nuclear Industry’ Key for Net Zero by 2050, Says Prez

French President Emmanuel Macron has presented his country’s goal of achieving CO2-free energy by 2050, starting with using more nuclear and renewable energy. Speaking in Belfort, north-eastern France, Macron outlined measures including the construction of solar parks, underwater wind farms, and six European pressurized nuclear reactors (EPR2s), reports Xinhua news agency. An additional eight EPR2 […]

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