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NextEra Energy to Pursue Electrification of School & Public Transportation in US & Canada

NextEra Energy to pursue the electrification of tens of thousands of school and public transportation vehicles across the US and Canada. NextEra Energy, the world’s largest generator of renewable energy from wind and solar resources, has announced that to has entered into a framework agreement with First Student and First Transit to establish a joint […]

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Gulf Oil Taps Into EV Charging For Future Growth

A part of the Hinduja Group, Gulf Oil International Ltd (Gulf), has entered an agreement to co-invest with the Clean Growth Fund (GCF) in Indra, provider of fast-growing electric vehicle (EV) and innovative charging and energy storage solutions. For Gulf Oil, a well established downstream oil company, this is its first investment into the e-mobility/EV […]

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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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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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