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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
Vulcan’s lithium chloride output will be converted into battery-grade lithium hydroxide at the company’s new conversion plant in Frankfurt in the second half of the year, Moreno said. “We’re looking to close the financing in the next probably four to five months,” Moreno added.
Baua Electric
APRIL 23, 2024
With a hybrid financing model that reduces the cost of acquisition and introduces a pay-per-km battery leasing model, Ecofy and Vidyut aim to make the adoption of EVs stress-free and risk-free, the companies said. Together, we aim to empower solo entrepreneurs and small businesses to make the transition to electric vehicles seamlessly.”
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 26, 2024
Meanwhile, capacity utilisation levels for vehicle operators carrying agriculture load have moderated due to moderate food production growth in 2024. As per the second advance estimates, the production of kharif and rabi food grains in 2023-24 was 1.3% The spatial distribution of monsoon remains a key monitorable, India Ratings said.
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