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Baua Electric
MAY 25, 2024
The gigafactory will have an initial production capacity of 16 GWh/year and create about 1,200 direct jobs and 3,000 indirect jobs within two years, Verkor says. billion) in green financing for its first battery gigafactory in Dunkirk , finalising its funding. French battery start-up Verkor said on Friday it had secured more than 1.3
Baua Electric
MARCH 5, 2024
The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4% and 15%, with a repayment period extending up to five years. and 15%, with a repayment period extending up to five years.
Baua Electric
APRIL 11, 2024
Lithium supplier Vulcan Energy on Wednesday announced the start of production of the first lithium chloride at its extraction plant in Germany using geothermal energy, an essential step toward producing battery-grade lithium hydroxide.
Baua Electric
JUNE 29, 2024
Last August, Ola Electric raised USD 240 million from State Bank of India for building the Gigafactory as part of a USD 384 million financing round that saw participation from Singapore’s sovereign fund Temasek. Ola Electric recently received certification from the Bureau of Indian Standards (BIS) for the battery cells, he said.
Baua Electric
JUNE 28, 2024
The Indian-owned giant had planned to start shutting the first furnace in late June and the second by September as part of an overhaul as it transitions to greener production of steel. The overhaul comes with the European steel industry facing upheaval as it tries to finance less carbon-intensive production. billion (USD 1.58
Baua Electric
JUNE 10, 2024
The report found Bourns Inc, a California-based auto supplier, had sourced components from JWD, which was added to the UFLPA Entity List in December. The chair of the Senate Finance Committee said on Monday he was expanding its probe into German automaker BMW ‘s use of electronic components from a banned Chinese supplier.
Baua Electric
JUNE 8, 2024
According to the government website “Rappel Conso”, the deterioration of the propellant, the product used to instantly deploy the airbag in the event of an accident, means that the bag can “rupture with too much force, injuring vehicle occupants.”
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