Tag: Electric vehicles

SparkCharge raises $7 million in new investment, expands on-demand charging service to 12 new cities

Mobile charging specialist SparkCharge has secured an increased Series A investment of $7 million from Cleveland Avenue, bringing the company’s total Series A funding to $30 million. The company will use the new funds to finance its aggressive growth strategy. SparkCharge has also announced plans to expand its Currently on-demand EV charging delivery service app… Continue reading SparkCharge raises $7 million in new investment, expands on-demand charging service to 12 new cities

Best UPS Battery Backups of 2022

More frequent storms and overloaded utility grids are challenging the reliability of our power, which makes uninterruptible power supply (UPS) battery backups a good idea — especially for anyone who works from home or wants the ability to keep gaming through power blips. The number of units to choose from is vast, so we found… Continue reading Best UPS Battery Backups of 2022

Tesla steps up recruiting in Thailand as EV competition heats up

Musk often sends company wide emails near a quarter’s end to push staff to sprint to the finish, and Tesla is known to deliver many units in the the final weeks. In a subsequent memo, he told workers to be proud of the “great, real products” they make. BANGKOK: Tesla Inc is stepping up recruitment… Continue reading Tesla steps up recruiting in Thailand as EV competition heats up

Consumers for accelerated EV transition for e-commerce, delivery companies: Survey

New Delhi, A new consumer survey made public on Monday showed an overwhelming desire from consumers to see accelerated EV transition from e-commerce to delivery companies in response to air pollution and climate change. The survey conducted among 9,048 consumers across six major cities — Mumbai, Pune, Delhi, Kolkata, Bangalore and Chennai — shows that… Continue reading Consumers for accelerated EV transition for e-commerce, delivery companies: Survey

Aston Martin’s shares slide as it discounts rights issue in debt battle

Aston Martin’s shares slide as it discounts rights issue in debt battle British carmaker hopes money will allow it to reduce debt payments and invest in new electric models Aston Martin has lagged behind some rivals in working on electric cars, relying instead on sales of petrol vehicles. Photograph: Ben Birchall/PA Aston Martin has lagged… Continue reading Aston Martin’s shares slide as it discounts rights issue in debt battle

SG’s Sembcorp to sell Indian thermal power arm to Omanese group for $1.5bBuyer Tanweer Infrastructure is indirectly owned by a consortium led by Oman …

Singapore-based utilities major Sembcorp Industries on Monday said it would sell its entire stake in Sembcorp Energy India Ltd (SEIL) to Tanweer Infrastructure Pte for $1.47 billion (Rs 117 billion) in a move to reduce its greenhouse gas emissions. Tanweer Infrastructure is indirectly owned by a consortium led by Oman Investment Corporation S.A.O.C. (OIC) in… Continue reading SG’s Sembcorp to sell Indian thermal power arm to Omanese group for $1.5bBuyer Tanweer Infrastructure is indirectly owned by a consortium led by Oman …

China’s BYD Jumps to No. 2 in Global Electric-Car Battery Market

(Bloomberg) — BYD Co. jumped to second place in global electric-car battery rankings in July, overtaking LG Energy Solution Ltd. as China’s demand for clean cars surges. Most Read from Bloomberg The Chinese car and battery maker supplied 6.4 gigawatt-hours of batteries in July, behind only giant Contemporary Amperex Technology Co. with 13.3 GWh. LG… Continue reading China’s BYD Jumps to No. 2 in Global Electric-Car Battery Market

Mobility SPACs seek cash and your guide to the new EV tax credit

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe… Continue reading Mobility SPACs seek cash and your guide to the new EV tax credit

Castrol and Sprint Power to develop ultra-fast charging battery modules for EVs, FCHEVs

Castrol and Sprint Power are collaborating on a project to develop ultra-fast charging cells and battery packs for battery electric vehicles (BEVs) and fuel cell hybrid electric vehicles (FCHEVs). Two Sprint Power designed battery modules that will use Castrol ON EV Thermal Fluids will deliver an 80% charge in just 12 minutes, making EVs an… Continue reading Castrol and Sprint Power to develop ultra-fast charging battery modules for EVs, FCHEVs