Facility in Hopkinsville, Kentucky will produce enough sustainable lithium-ion cathode active material for up to 250,000 electric vehicles per year. Ascend Elements today announced plans to invest $310 million in Phase 1 — and up to $1 billion over several possible phases — to build a sustainable lithium-ion battery materials facility in Hopkinsville, Ky., with groundbreaking… Continue reading @Tata-JLR: InMotion portfolio company, Ascend Elements, to Invest up to $1 billion in Southwest Kentucky EV Battery Materials Manufacturing Facility
Tag: Electric vehicles
Tesla Faces Crowded Field in China as New-Energy Car Market Booms
Storyful China Conducts New Military Exercises Near Taiwan China’s People’s Liberation Army (PLA) said it continued its military drills around Taiwan on Monday, August 8.The army’s Eastern Theater Command said its “multi-type anti-submarine platforms have closely coordinated and carried out anti-submarine operations” in the “sea and airspace around Taiwan Island.”The PLA posted video that they… Continue reading Tesla Faces Crowded Field in China as New-Energy Car Market Booms
E-Bike Market is expected to display an steady growth by 2027|CAGR: ~10%| UnivDatos Market Insights
NOIDA, India, Aug. 9, 2022 /PRNewswire/ — According to a new report published by UnivDatos Markets Insights the E-Bike Market is expected to grow at a CAGR of around 10% from 2021-2027. The analysis has been segmented into Mode (Pedal Assisted and Throttle Assisted); Battery Type (Lithium-Ion, Lead Acid and Others); Application (Mountain/Trekking Bikes, City/Urban, Cargo… Continue reading E-Bike Market is expected to display an steady growth by 2027|CAGR: ~10%| UnivDatos Market Insights
Rising Automation Trend to Aid the Global Plant Asset Management Market Garner US$ 18 Billion by 2032 – Future Market Insights, Inc.
United States plant asset management industry is estimated to skyrocket at a CAGR of 10.6%. India is projected to record a 9% CAGR during the forecast period. Availability of Sophisticated IT infrastructure and supporting government actions to promotes the Plant Asset Management Growth. NEWARK, Del., Aug. 9, 2022 /PRNewswire/ — The global plant asset management… Continue reading Rising Automation Trend to Aid the Global Plant Asset Management Market Garner US$ 18 Billion by 2032 – Future Market Insights, Inc.
Commaris Announces Partnership with Cytta
Cytta to Provide Cutting Edge Technology for Commaris’s SEEKER UAV Fleet WOBURN, Mass., Aug. 9, 2022 /PRNewswire/ — Commaris™, a brand of Terrafugia, Inc. delivering uncrewed aerial vehicles (UAVs) for commercial operations, today announced a new partnership with Cytta Corp (OTCQB: CYCA), a company that specializes in video compression technology for mission-critical video streaming and integrated… Continue reading Commaris Announces Partnership with Cytta
EdgeConneX Continues Legacy of Innovation; Launches Voltera, Which Plans to Provide Charging Facilities for Companies Operating Electric Vehicles
Voltera will be backed by EQT Infrastructure and plans to invest several billion to address the challenges around fleet EV charging that include delivering scalable power in strategic locations HERNDON, Va., Aug. 9, 2022 /PRNewswire/ — EdgeConneX®, the pioneer in global Hyperlocal to Hyperscale Data Center Solutions, announces the launch of Voltera. Rising from the EdgeConnex… Continue reading EdgeConneX Continues Legacy of Innovation; Launches Voltera, Which Plans to Provide Charging Facilities for Companies Operating Electric Vehicles
Electric Vehicles Industry is expected to increase EV sales volume from at a CAGR of ~6% between 2021 and 2026: Ken Research
Increasing government push is likely to boost sales of Electric Vehicles due to exemption of taxes and duties. Lack of market leaders and ease of entry will act a positive reinforcement for emergence of newer homegrown EV manufacturing companies. Increasing technological advancement and emergence of Electric Mobility-as-a-Service (EMaaS) will be witness in the EV space… Continue reading Electric Vehicles Industry is expected to increase EV sales volume from at a CAGR of ~6% between 2021 and 2026: Ken Research
Ford is almost ready to take new F-150 Lightning orders — with a $7,000 price hike
Nearly nine months after it stopped taking reservations, Ford is ready to reopen the order banks for the F-150 Lightning. But buyers beware: the price for the electric truck has gone up by around $7,000 across all trim levels. Ford is citing “significant material cost increases and other factors” as the primary reason for raising… Continue reading Ford is almost ready to take new F-150 Lightning orders — with a $7,000 price hike
Bowlus Debuts First All-Electric RV with Ultra-Luxury Volterra™ Model
Bowlus Volterra becomes the first production RV to be 100-percent electric First application of AeroSolar™ in the RV industry offers ability to live off-grid indefinitely 100-percent increase in battery capacity from previous models First RV with high-speed satellite internet ready First travel trailer to offer induction cooktop OXNARD, Calif., Aug. 9, 2022 /PRNewswire/ — Bowlus,… Continue reading Bowlus Debuts First All-Electric RV with Ultra-Luxury Volterra™ Model
Continental Q2 FY22 net loss at EUR 251 mn; Forecasts EUR 40 bn total sales in FY 22
New Delhi: German automotive & auto parts manufacturer, Continental on Tuesday reported a net loss of EUR 251 million in the second quarter of 2022 (Q2 2021: EUR 545 million) for continuing and discontinued operations. However, the consolidated sales of EUR 9.4 billion in Q2 FY 22 (Q2 2021: EUR 8.4 billion), up 13.0%. Meanwhile,… Continue reading Continental Q2 FY22 net loss at EUR 251 mn; Forecasts EUR 40 bn total sales in FY 22