Franco-Italian automotive giant Stellantis is partnering with French nuclear fuels company Orano to establish a joint venture for recycling end-of-life electric vehicle batteries and scrap from gigafactories in Enlarged Europe and North America, strengthening Stellantis’ position in the electric-vehicle battery value chain by securing additional access to cobalt, nickel, and lithium necessary for electrification and…
If you’re like me, you probably use your smartphone for many of life’s essentials including to convert units of measurement. Whether you need to convert miles to kilometers, pounds to kilograms, or Celsius to Fahrenheit, there’s an app for that. But have you ever wondered what these apps do with your data? Do they track…
Talking about the design of the new S1 Air, the scooter looks identical to the previous generation except for minute changes and a new dual-tone body colour option. Ola Electric today launched the much anticipated Ola S1 Air to the Indian market priced at Rs 79,999. Customers interested to get their hands on the electric…
“I think nickel will be the first step in that battery metals space for us, not the last,” said David Greely, chief economist for the exchange. A new Singapore-based commodities exchange, preparing to roll-out a futures contract for nickel used in electric vehicles (EVs), also aims to add contracts for other metals used in EV…
Fisker Inc. announced its intention to offer $170,000,000 in aggregate principal amount of 0% senior unsecured convertible notes due 2025 (the “Notes”) to an existing institutional investor (the “Investor”), with such Notes having an original issue discount of approximately 12%, resulting in gross proceeds of $150,000,000 to Fisker. The Notes are being sold pursuant to…
Prices of the most commonly used battery for energy storage fell 44% to 0.51 yuan per watt hours this week, according to information provider Shanghai Metals Market. Lithium prices in China, the top consumer of the battery metal, sank to a five-month low this week, pressured by lacklustre buying and rising supplies. The spot lithium…
Tresa Motors is also recruiting over 100 professionals with focus on attracting top talents from major industry giants over the next 6-9 months to fortify its senior and mid-level engineering team. Tresa Motors, a leading OEM manufacturer of medium and heavy electric trucks in India, plans to establish state-of-the-art manufacturing and R&D facilities. The company…
Two visitors from India — a lander named Vikram and a rover named Pragyan — landed in the southern polar region of the moon on Wednesday. The two robots, from a mission named Chandrayaan-3, make India the first country to ever reach this part of the lunar surface in one piece — and only the…
E-rickshaws to replace diesel autos in Amritsar. The streets of the holy city of Amritsar will exclusively witness the operation of e-rickshaws from September, this year as the government has implemented the Rahi Yojana under the Amritsar Smart City project. This initiative aims to promote e-rickshaws and to make the city pollution-free. Commissioner of Amritsar…
The regional public transport operator Ferry Cars from Belgium has put five new Mercedes-Benz eCitaro low-floor city buses with all-electric drive into operation. The operator, based in the city of Eeklo, which is located in the north of the Belgian province of East Flanders in the Meetjesland region between Ghent and Bruges and thus close…
