Mangrove Lithium Raises $35M in Strategic Financing

Mangrove Lithium, a Delta, BC, Canada-based lithium conversion company, raised $35M in Strategic funding. Backers included Mitsubishi Corporation, Asahi Kasei Corporation, InBC Investment Corp., Orion Industrial Ventures, Export Development Canada, Breakthrough Energy Ventures, BMW i Ventures, and BDC Capital. The company intends to use the funds to expand operations and its development efforts. Led by… Continue reading Mangrove Lithium Raises $35M in Strategic Financing

UK will not achieve 2030 ZEV targets without help, says new Renault UK boss

The UK will not achieve the government’s target of 80% EV sales by 2030 without incentives of some kind being made available to private buyers. That’s according to new Renault UK boss Adam Wood, who said that while the new Renault 5, priced from £22,240, can “break the glass ceiling” of mainstream electric car ownership,… Continue reading UK will not achieve 2030 ZEV targets without help, says new Renault UK boss

Shipbuilding Market size is set to grow by USD 26.1 billion from 2025-2029, increasing seaborne trading boost the market- Technavio

NEW YORK, Jan. 28, 2025 /PRNewswire/ — The global shipbuilding market size is estimated to grow by USD 26.1 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 4.4% during the forecast period. increasing seaborne trading is driving market growth, with a trend towards increase in demand for eco-friendly ship However, fluctuations in raw… Continue reading Shipbuilding Market size is set to grow by USD 26.1 billion from 2025-2029, increasing seaborne trading boost the market- Technavio

German FAZ: “We have a chat for cars” 008630

Every beginning is difficult. This applies particularly to autonomous cars, the difficulties are extremely large. When Alex Kendall tested his Renault Twizy for the first time seven years ago – equipped with a software program with artificial intelligence (AI) – on a dirt road, the little car was dangerous. Sometimes it controled too far to… Continue reading German FAZ: “We have a chat for cars” 008630

Renault bets big on full hybrids as rival firms invest in PHEVs

Renault is betting big on full-hybrid powertrains as a means of transitioning its cars and customers to pure-electric power, and has no plans to expand its PHEV offering beyond the flagship Rafale.  Company CEO Fabrice Cambolive told Autocar that the decision to focus on full-hybrids – a move that contrasts starkly with heavy recent investment… Continue reading Renault bets big on full hybrids as rival firms invest in PHEVs

Clean Technica: 25% of New Car Sales in China Were 100% Electric in 2024!003823

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Plugin vehicles in China once again ended the year with a record month, growing by 46% year over year (YoY) in the last month of the year to a record 1,379,000 units. Full electrics (BEVs) were responsible for 55%… Continue reading Clean Technica: 25% of New Car Sales in China Were 100% Electric in 2024!003823

German FAZ: “We have a chat for cars” 008623

Every beginning is difficult. This applies particularly to autonomous cars, the difficulties are extremely large. When Alex Kendall tested his Renault Twizy for the first time seven years ago – equipped with a software program with artificial intelligence (AI) – on a dirt road, the little car was dangerous. Sometimes it controled too far to… Continue reading German FAZ: “We have a chat for cars” 008623

Shift4Good Closes First fund, at €220M 

Shift4Good, a Paris, France and Singapore-based global impact investment fund dedicated to decarbonizing the transportation sector, closed its first fund, at €220m.  The fund’s diverse investor base includes Tier-1 corporates, institutional investors, and family offices from Europe and Asia. Notable LPs include Renault Group, BNP Paribas Group, Bpifrance, European Investment Fund (EIF), Edenred, PSA Ventures… Continue reading Shift4Good Closes First fund, at €220M 

Shift4Good’s first fund closes at €220 million to drive sustainable transportation solutions

Shift4Good, a global impact investment fund based in Paris and dedicated to decarbonising the transportation sector, has successfully closed its first fund at €220 million, surpassing its fundraising target. The fund focuses on Series A and Series B investments with ticket sizes ranging from €4 million to €20 million, targeting transformative startups across rail, road,… Continue reading Shift4Good’s first fund closes at €220 million to drive sustainable transportation solutions

Electric Vehicle (EV) Market to grow by USD 446.4 Billion (2025-2029), Driven by Rising Demand for Low-Emission Vehicles, Report Explores AI-Powered Evolution – Technavio

NEW YORK, Jan. 27, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global electric vehicle (EV) market size is estimated to grow by USD 446.4 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 16.4% during the forecast period. Growing demand for low-emission vehicles is driving… Continue reading Electric Vehicle (EV) Market to grow by USD 446.4 Billion (2025-2029), Driven by Rising Demand for Low-Emission Vehicles, Report Explores AI-Powered Evolution – Technavio