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Industry News

29 January 2024

Hyundai Glovis Expands Business to Include Battery Recycling

Hyundai Glovis, a logistics company affiliated with the Hyundai Group, has invested in the Korean battery recycling firm ER in a bid to strengthen its competitiveness in the battery recycling market. Under the...

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Industry News

26 January 2024

BMW Releases Further Details on its Neue Klasse Platform

In 2023 BMW announced it was releasing a new vehicle platform named Neue Klasse. It has also revealed plans to release six models based on the Neue Klasse platform, the first being

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Industry News

26 January 2024

January Puts Solid State Batteries Back in the Limelight

January has been a busy month for updates regarding solid state batteries. In 2023 there were limited major announcements within the solid state industry and investments into the space dropped compared to...

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Industry News

23 January 2024

New Wave of Funding for US EV Industry

Over the month of January, the US has made multiple announcements of cash injections into its EV industry. The Departments of Transport and Energy have

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Industry News

23 January 2024

Battery Recycling Facility to Open in Glasgow, Scotland

Scottish recycling firm, Fenix Battery Recycling (FBR), has announced a merger with Regenerate Technology Global (RTG), an American recycling technology company. In 2024, the pair will

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Industry News

19 January 2024

EU Reaches Provisional Agreement For Decarbonising Heavy-duty Vehicles

The EU Council and Parliament have reached a provisional agreement to reduce emissions from heavy-duty vehicles (HDVs). This aligns with

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Industry News

18 January 2024

EV Price Wars in Germany

The German EV market has been gripped by a price war following the cessation of government subsidies in December. Notably VW, Tesla...

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Industry News

18 January 2024

Northvolt Secures USD5 Billion in Project Financing

Northvolt has secured USD5 billion in project financing stating it is the largest ever green loan raised in Europe to date. The capital

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Industry News

17 January 2024

French CPO Electra Raises EUR304 Million in Capital

On the 15th of January, French Charge Point Operator (CPO), Electra, announced it had raised EUR304 million (USD331 million) in equity. The investment

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Industry News

16 January 2024

Stellantis Invests in Sodium Ion Battery Firm Tiamat

The corporate venture fund of Stellantis, Stellantis Ventures, has invested into French sodium ion battery developer Tiamat. It follows

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Industry News

15 January 2024

US Assigns USD623 million for Charging Point Infrastructure Grants

Biden’s Administration has earmarked USD623 million from the "Charging and Fueling Infrastructure (CFI) Discretionary Grant Program" for the roll out of charging and alternative refueling infrastructure. The funding

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