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German auto lobby recommends ending all fossil fuel sales by 2045

Baua Electric

The lobby group, in stark contrast to how American lobbyists often operate , said that the European Union’s guidance on fuels do not go far enough, and need to be stricter if it wants to reach the goal of climate-neutral road traffic by 2045. The criticism relates to the EU’s Renewable Energy Directive III (RED III), adopted last year.

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South 8 Technologies raises $12M in Series A to commercialize liquefied gas electrolytes for high-performance Lithium-ion batteries

Green Car Congress

South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC). —Cyrus Rustomji, Ph.D.,

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EU, Serbia sign deal to kickstart lithium battery development – ET Auto

Baua Electric

The memorandum of understanding inked during a “critical raw materials summit” in Belgrade is seen as the first step in developing Serbia’s lithium resources and potentially moving up the supply chain to include manufacturing lithium batteries and component parts. million electric vehicles.

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UK auto industry warns anti-diesel agenda and slow uptake of EVs could mean missing 2021 CO2 targets; rising CO2 average in 2017

Green Car Congress

The UK automotive industry warned that the current anti-diesel agenda combined with the ongoing slow take-up of electric vehicles could mean industry misses its next round of CO 2 targets in 2021, with negative consequences for the UK’s own climate change goals. For pure battery-powered vehicles, take-up is even lower (0.5%).

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. As the second-most populous country in the world and one of the largest consumers of fossil fuels, India is making significant strides in adopting electric vehicles (EVs) as a solution to combat climate change and reduce air pollution.

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DOE announces $1.7 billion in grants to convert facilities for EV production and support US auto workers – Charged EVs

Baua Electric

Some folks fear that the transition to EVs will lead to major job losses in the auto industry—and not without reason, as EVs require different (and fewer) components than legacy ICE vehicles. Hyundai Mobis, which operates a Stellantis supplier in Ohio, will receive $32 million to produce plug-in hybrid components and battery packs.

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Innovative Solutions for Safer and More Efficient EV Battery Packs

EV Duniyaa

The adoption of electric vehicles (EVs) is vital to address the climate crisis. As the auto industry embraces EVs, the demand for EV battery packs is surging.

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