@Honda: Summary of Press Conference on Honda Electrification Strategy in China

TOKYO, Japan, October 13, 2021 – Honda today held a virtual press conference on its electrification strategy in China. During the conference, Honda announced its new environmental and safety initiatives and also held the world premiere of two planned production models and three concept models of Honda-brand electric vehicles (EV).  A summary of the conference… Continue reading @Honda: Summary of Press Conference on Honda Electrification Strategy in China

Williams Racing vows to go climate positive by 2030

Williams Racing, one of the most successful teams in Formula One commits to go climate positive by 2030. To achieve this ambitious goal, Williams Racing has developed a series of robust technological and data-driven initiatives, as part of a comprehensive purpose-driven sustainability strategy, aiming to address some of the most important environmental and societal challenges facing… Continue reading Williams Racing vows to go climate positive by 2030

@Tata-JLR: JAGUAR LAND ROVER TRIALS WORLD-FIRST DIGITAL SUPPLY CHAIN FOR LEATHER USING BLOCKCHAIN TECHNOLOGY

For more information about Jaguar Land Rover’s Reimagine strategy please visit: https://www.jaguarlandrover.com/reimagine    About Innovate UK  The project is funded by Innovate UK on behalf of the Industrial Strategy Challenge Fund (ISCF) Manufacturing Made Smarter Challenge.   Innovate UK is part of UK Research and Innovation, a non-departmental public body funded by a grant-in-aid from the UK government. Innovate UK aims… Continue reading @Tata-JLR: JAGUAR LAND ROVER TRIALS WORLD-FIRST DIGITAL SUPPLY CHAIN FOR LEATHER USING BLOCKCHAIN TECHNOLOGY

Tata Motors’ EV biz gets a $1 billion boost with TPG Rise Climate investment

Tata Motors and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, are to invest in a newly incorporated subsidiary of Tata Motors. TPG Rise Climate along with co-investors will invest Rs 7,500 crore in compulsory convertible instruments to secure between 11 % to 15 %… Continue reading Tata Motors’ EV biz gets a $1 billion boost with TPG Rise Climate investment

@GM: General Motors, LG Electronics Reach Agreement on Bolt EV Recall Costs October 12, 2021

LG will reimburse GM for recall costs and expenses WARREN, Mich. – General Motors Co. (NYSE: GM) announced today it has reached an agreement under which LG Electronics Inc. will reimburse GM for costs and expenses associated with the recall of Chevrolet Bolt EVs and EUVs due to manufacturing defects in battery modules supplied by… Continue reading @GM: General Motors, LG Electronics Reach Agreement on Bolt EV Recall Costs October 12, 2021

Italvolt and ABB announce partnership agreement as a key step in delivering Italian gigafactory

More specifically, the technology partnership with ABB will bring Italvolt: Expertise in design and delivery of electrification and automation solutions for power control, distribution and management, optimization of manufacturing processes and long-term energy efficiency Consultancy on robotics and autonomous operations for transportation and handling of material in the process units of the plant Exploration of solutions… Continue reading Italvolt and ABB announce partnership agreement as a key step in delivering Italian gigafactory

Battery Resourcers Raises $70M in Series B Funding

Battery Resourcers, a Worcester, MA-based lithium-ion battery recycler and manufacturer, raised $70M in Series B funding.  Orbia Ventures and Koura, Orbia’s business focused on the development, manufacture and supply of fluoroproducts and technologies, initiated this funding round later joined by Hitachi Ventures, InMotion Ventures (JLR), Doral Energy, At One Ventures, TDK Ventures and Trumpf Ventures. Founded in 2015… Continue reading Battery Resourcers Raises $70M in Series B Funding

German Handelsblatt: Italy’s first Gigafactory: “As big as VW in Wolfsburg” – one of the largest battery factories in Europe is to be built in northern Italy003074

Scarmagno The old factory halls have started to rust, windows have been smashed, scaffolding supports the ailing concrete ceiling. Everything looks a bit like “The Walking Dead” here. Instead of zombies, a wiry man in a suit walks through the weathered backdrop, blue slippers on his feet, a thick buckle on his belt: Lars Carlstrom… Continue reading German Handelsblatt: Italy’s first Gigafactory: “As big as VW in Wolfsburg” – one of the largest battery factories in Europe is to be built in northern Italy003074

@GM: Join General Motors Virtual Investor Event, October 6 at 1:00 p.m. Eastern

Join General Motors Virtual Investor Event, October 6 at 1:00 p.m. Eastern 2021-10-04 OSHAWA, Ont. (October 4, 2021) — On October 6, General Motors senior leaders will meet with investors to outline plans for a decade of growth, based on innovation at every layer of the organization. Media colleagues are invited to watch a broadcast of the full investor briefing, from 1:00 p.m. to… Continue reading @GM: Join General Motors Virtual Investor Event, October 6 at 1:00 p.m. Eastern

Stellantis plans to turn Italian factory into an electric car hub

Stellantis NV is seeking to retool its iconic Turin factory into an EV hub, moving production of two Maserati luxury models to the Mirafiori plant as part of a decision that will safeguard jobs in the electric vehicle shift. Stellantis, which was formed from the merger of PSA Group and Fiat Chrysler earlier this year, will… Continue reading Stellantis plans to turn Italian factory into an electric car hub