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Bahrain’s Mumtalakat buys out McLaren, secures full ownership over supercar brand: Report | Autocar Professional

Baua Electric

Bahrain’s sovereign wealth fund, Mumtalakat, has assumed full control of McLaren Group, manufacturer of high-end sportscars and majority owner of the McLaren F1 team, BBC reported. The company faced financial challenges during the Covid-19 pandemic, leading to production halts and job losses.

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U.K. based battery producer Britishvolt collapses ahead of production

Teslarati

As many companies and governments alike have rushed to establish battery production locations, many in the United Kingdom had hoped that its domestic Britishvolt battery producer would be their answer to Tesla in the United States, Northvolt in Sweden, LG in South Korea, Power Co. This comes before the company could establish its 3.8

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Electric cars in the garages would double as battery packs for when energy supplies are scarce. “If any energy company ignores the long-term impact on future fossil-fuel-backed energy sales, they will be in for a shock.&# So how do energy companies cope with such upheaval? but not all of it.

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