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Industry update

13 November 2024

China unveils its first “Energy Law” as it plans a greener energy system

Earlier in November the Standing Committee of the 14th National People's Congress voted to pass the "Energy Law of the People's Republic of China". This...

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Industry News

13 November 2024

Automakers feeling the squeeze on profits, is electrification taking its toll?

As quarterly earnings season unfolds, automakers are grappling with substantial profit declines, prompting many to revise their 2024 revenue forecasts. Companies including...

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Industry News

13 November 2024

Record-Breaking Month in EV Sales

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Industry update

12 November 2024

Li-Cycle receives long-awaited loan from the Department of Energy

After an 18-month wait, battery recycling firm Li-Cycle has secured a long-anticipated loan from the US Department of Energy (DoE). In early November, the....

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Industry update

08 November 2024

Nissan announces production and job cuts amid profit slump

Nissan, the seventh-largest vehicle manufacturer globally by unit sales, has outlined plans to cut 9,000 jobs and reduce production by 20% as...

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Industry update

06 November 2024

What the Trump Presidency means for the EV and battery industry

In a US presidential election marked by numerous twists and turns, Donald Trump has been elected as the 47th President of the...

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Industry update

04 November 2024

BYD’s journey to becoming the world’s largest BEV producer

The battle for top global BEV producer has two main contenders Tesla and BYD. While...

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Industry News

31 October 2024

The EU accepts final decision on tariffs for Chinese made vehicles

After a year-long investigation, the EU has moved forward with finalising tariffs on...

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Industry update

29 October 2024

VW plans plant closures and mass layoffs, what role do EVs have to play in this?

VW, Europe’s largest automaker, recently announced its intention to close three German...

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Industry update

28 October 2024

SVOLT cancels two German factories as Europe’s EV market falls short of growth expectations

Chinese battery maker, SVOLT, has announced it will abandon plans to build two factories in Saarland, Western Germany, and will also shut down its European operations entirely by...

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Industry update

24 October 2024

Consolidation begins in the EV charging sector as major players exit

The past year has seen several prominent charging companies enter administration or shut down their operations across Europe and North America, struggling...

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