The government owned UK Infrastructure Bank has announced a GBP200 million (USD253 million) bridging loan for AESC’s gigafactory in Sunderland. This is positive news in an increasingly challenging UK battery environment. The loan aligns...

Chinese automaker, Great Wall Motors (GWM) has started mass producing electric vehicles from its Rayong factory in Thailand. Its first

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...

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

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...

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

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

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

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

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

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