How Europe’s battery hope has become a symbol of the EV bustSwedish battery company Northvolt AB, once a key player in Europe's green economy push, is facing severe financial challenges. The situatio...
27 Sep, 2024, 10.01 AM IST
Sodium batteries from Michigan to challenge lithium’s gripSodium-ion batteries offer benefits over their lithium-ion counterparts. They can discharge faster, providing short, intense bouts of power.
30 Apr, 2024, 09.38 AM IST
Salt in Batteries: Battery giants invest in Sodium-based technology, signalling potential disruption in industryBattery giants are exploring sodium-based technology as an alternative to lithium, signaling a potential shift in the energy storage indust...
26 Nov, 2023, 02.39 PM IST
Gunning for graphite: Auto firms race to secure non-Chinese suppliers for EVs amid shortagesCar makers are knocking at the doors of new producers, such as Madagascar and Mozambique, as this year EVs are forecast to account for more...
21 Jun, 2023, 04.30 PM IST
As US races head, Europe frets about battery factory subsidiesEuropean carmakers are frantically trying to build the supply chains they need to churn out electric vehicles.
01 Jun, 2023, 10.17 AM IST
Europe set for two new gigafactories as it lures battery makersSweden's Northvolt said it is set to pick Heide in northern Germany for its factory as long as subsidies are approved, estimated by one sou...
12 May, 2023, 09.43 PM IST
Goldman Sachs raises $1.6 bln private capital for climate fundThe fund, launched in 2021, provides so-called "growth capital" to companies further along in developing solutions in clean energy, sustain...
10 Jan, 2023, 05.39 PM IST
Lithium rally has more room to run, thanks to US climate billAs consumer demand surges for EVs, prices of lithium have skyrocketed to records.
12 Dec, 2022, 09.09 AM IST
Volkswagen takes on US, China rivals with battery factoryThe firm plans to "steer the worldwide battery offensive" from the new plant in Salzgitter in central Germany, CEO Herbert Diess told a cer...
07 Jul, 2022, 10.47 PM IST
Reliance, Hyundai, Mahindra bid for incentives under India's $2.4 billion battery schemeIndia last year finalised an incentive program to encourage companies to invest in the local manufacturing of batteries as it looks to esta...
14 Jan, 2022, 07.14 PM IST
India targets major global firms for local battery manufacturingIndia will host five roadshows starting next month in countries including the United States, Germany, France, South Korea and Japan to conv...
27 Oct, 2021, 12.46 AM IST
Auto sector shifts gear towards recycling parts, batteries"As demand for these materials increase, the pressures on these (economically marginalised) regions are likely to be amplified, risking the...
19 Oct, 2021, 09.54 AM IST
Battery giants face skills gap that could jam electric highwaySouth Korean battery giants are facing growing demands from big automakers and can't find enough technicians with the training needed to ke...
05 Oct, 2021, 10.18 AM IST
The money is there, Volkswagen CEO says of planned battery cell pushBuilding new battery cell plants, which usually cost around 2 billion euros ($2.4 billion) apiece, are a key requirement for Volkswagen's v...
07 Sep, 2021, 05.10 PM IST
Volkswagen invests $620 mln in Northvolt to secure battery supplyThe investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen's stake stable a...
09 Jun, 2021, 05.26 PM IST
Volkswagen takes aim at Tesla with own European gigafactoriesThe world's No. 2 carmaker, which is in the midst of a major shift towards battery-powered cars, said on Monday it wants to have six batter...
15 Mar, 2021, 10.00 PM IST
European shares higher on possible Fiat-Renault merger, EU vote in focusThe trade war escalation this month has hit the pan-European STOXX 600.
27 May, 2019, 01.38 PM IST