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Norwegian Battery Startup Freyr Signs 38 GWh Battery Deal with Japan’s Nidec

Norway-based next generation battery developer FREYR, and Japan-based energy storage system (ESS) and high-efficiency electric motors manufacturer, Nidec Corporation, have announced the finalization of an expanded 38 GWh battery cell sales agreement for the period 2025 – 2030. The companies have also agreed to form a joint venture, in which Nidec will hold a super-majority […]

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Swedish Battery Materials Firm Altris AB Appoints Martin Anderlind as CEO

Leading sodium-ion technology company in Sweden, Altris AB has announced the appointment of Martin Anderlind as Chief Executive Officer, effective as of 1 September 2022. Anderlind joins Altris from Northvolt, where he most recently held the position of Chief Talent Officer. “We are extremely excited to welcome on board Martin Anderlind as the new CEO […]

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At Reliance AGM, It’s GW Scale All The Way, With New Power Electronics Announcement

At the Annual General Meeting of Reliance Industries today, Chairman Mukesh Ambani’s plans for Renewable energy, among other things, were eagerly awaited. And he didn’t disappoint, with an update on the announcements made so far, as well as upcoming steps that the Rs 7.9 lakh crore ($105 billion) chemicals to telecom behemoth plans. Green energy […]

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Mercedes To Drive India’s Luxury EV Market, Poised To Overtake Tesla

According to its country head, Martin Schwenk, Mercedes-Benz wants to dominate the market for premium electric vehicles in India. This will help it maintain its lead over rival Tesla and solidify its position as the most popular luxury automobile brand. According to Martin Schwenk, Mercedes-Benz will introduce three new electric vehicles in India this year, […]

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EV Manufacturer Odysse Adopts Advanced IoT Technology in EVs, Adds Dealerships

Maharasthra-based EV manufacturer, Odysse Electric Vehicles has announced an upgraded version of its IoT-enabled vehicles (Advanced IoT Technology), which provide real-time information and play an indispensable role in offering vehicle data. According to the company, the advancement also measures absolute and relative parameters such as speed, acceleration, and braking pattern to provide recommendations for improved […]

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Markets And Markets Research Report on Battery Electrolyte Market 2022

A study named “Research Report of Battery Electrolyte Market 2022,” was released by Markets and Markets Research. The demand for batteries has grown significantly over the past few years, and it is anticipated that it will continue to expand rapidly for at least the next few years. In several industries, including the automobile and electricity […]

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Ola Electric Set To Launch Its First Electric Car by 2024

Ola Electric has announced last Monday that it is set to launch its first electric car by 2024. The company, which had trouble with deliveries of its electric scooters after making its exact one-year debut into the market, has set an ambitious goal of selling 10 lakh electric cars by 2026–2027. Ola founder and CEO […]

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QuantumScape Q2 2022 Report: Soon To Deliver 24-layer A sample

QuantumScape (QS), the firm with the highest hopes riding on its solid state battery tech has released its second quarterly (Q2) 2022 report, updating the public on its progress in scaling affordable, energy dense cells for future EVs. The battery manufacturer has been in the business for the past decade. Yet, the firm has only […]

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