BYD Company Limited BYDDY is discussing a supply agreement with Sigma Lithium Corporation SGML, a battery-grade lithium producer in Brazil, to secure access to the raw material for power batteries. Per the Financial Times, the China-based automaker is in discussion with Sigma Lithium, valued at $2.9 billion, over a possible supply deal, joint venture or… Continue reading BYD (BYDDY) Discusses Supply Deal With Brazil’s Sigma Lithium
Tag: Geely
Europa Wire: Volvo Group Explores Potential Sale of Arquus, Expects Negative Impact on Q4 2023 Income000937
Volvo Group Explores Potential Sale of Arquus, Expects Negative Impact on Q4 2023 Income (IN BRIEF) The Volvo Group has entered into an option agreement with John Cockerill Defense, allowing Volvo to potentially sell Arquus, a company specializing in defense vehicle manufacturing. The agreement requires consultations with employee representative bodies, expected to conclude in Q1… Continue reading Europa Wire: Volvo Group Explores Potential Sale of Arquus, Expects Negative Impact on Q4 2023 Income000937
@Geely: Global News Tue 16 Jan 2024Lotus partners with Bosch and Mobilize to give customers access to over 600,000 European charging stations
Lotus owners across Europe will benefit from charging access on the road with Bosch and at home with Mobilize Partnership provides access to public charging stations across 30 European countries including the UK Lotus drivers can locate the nearest public charger on Lotus HyperOS, its award-winning in-car infotainment system, making charging on the move easier… Continue reading @Geely: Global News Tue 16 Jan 2024Lotus partners with Bosch and Mobilize to give customers access to over 600,000 European charging stations
Biocharger: Wood waste can be used to charge electric cars
The Biocharger from Air Burners, Volvo and Rolls-Royce is intended to generate electricity from wood waste in remote areas to charge electric cars. (Charging station, automobile) Go to Source
India’s auto industry will hit Rs 25 lakh crore target before time: Vinod Aggarwal
Industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28. Currently steering both the Society of Indian Automobile Manufacturers (SIAM) and Volvo Eicher Commercial Vehicles (VECV),… Continue reading India’s auto industry will hit Rs 25 lakh crore target before time: Vinod Aggarwal
Northvolt pozyskuje 5 miliardów dolarów na rozbudowę gigafabryki o obiegu zamkniętym
Sztokholm, Szwecja – Firma Northvolt ogłosiła dzisiaj podpisanie umowy o finansowaniu rozbudowy Northvolt Ett w północnej Szwecji o wartości 5 miliardów dolarów. Transakcja stanowi największą jak dotąd zieloną pożyczkę zaciągniętą w Europie. Oprócz rozwoju produkcji katod i ogniw w Northvolt Ett, pakiet finansowy umożliwi rozbudowę sąsiadującego z nim zakładu recyklingu Revolt Ett, który zbliża się… Continue reading Northvolt pozyskuje 5 miliardów dolarów na rozbudowę gigafabryki o obiegu zamkniętym
Northvolt raises $5 billion to enable expansion of first circular gigafactory in the western world
Stockholm, Sweden – Northvolt today announced the signing of a $5 billion non-recourse project financing to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the largest green loan raised in Europe to date. In addition to the expansion of Northvolt Ett’s cathode production and cell manufacturing, the finance package will enable… Continue reading Northvolt raises $5 billion to enable expansion of first circular gigafactory in the western world
How companies are responding to attacks on ships in the Red Sea
The oil major on Dec. 18 said it had temporarily paused all transits through the Red Sea. Attacks on vessels by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shipping route between Europe and Asia. The attacks, targeting a route that accounts for about 15% of the world’s shipping traffic, have… Continue reading How companies are responding to attacks on ships in the Red Sea
‘Don’t bet against BYD being the car company of the year in 2024’
The year just gone was the most dramatic ever for the rise and rise of newer, fresher, humbler firms with ‘can do’ attitudes. But it must be acknowledged that the door to sales success was conveniently and stupidly left wide open to these companies. For this, several longer-established, staler, sleepier, ‘more prestigious’ (or maybe not)… Continue reading ‘Don’t bet against BYD being the car company of the year in 2024’
Stellantis (STLA) Invests in Tiamat for Low-Cost Battery
The corporate venture fund of Stellantis N.V. STLA, Stellantis Venture, announced a strategic investment in Tiamat, which designs, develops and manufactures sodium-ion batteries for mobility and stationary energy storage. The sodium-ion battery has a lower cost per kilowatt-hour and is free of lithium and cobalt. Sodium is available in abundance and increases sustainability and material… Continue reading Stellantis (STLA) Invests in Tiamat for Low-Cost Battery