Tag: development

26th March 2020 | Silverstone

Toyota, China’s CATL in partnership for new energy vehicle batteries

Toyota Motor Corp has agreed to partner with China’s Contemporary Amperex Technology Co Ltd (CATL) to supply and develop batteries for new energy vehicles. The Japanese automaker said on Wednesday that the firms had also started talks covering a range of areas including new technology development and the reuse and recycling of batteries. “To further…
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18th July 2019 0

Jaguar Land Rover get £500M Government Loan Guarantee for ELECTRIC car production

Jaguar Land Rover has secured a £500 million UK Government loan guarantee to support the design and manufacture of electric cars at Castle Bromwich. It’s no secret that Jaguar Land Rover has been struggling somewhat of late, with big drops in sales in China, buyers eschewing diesel-engined cars – the vast majority of JLR’s sales…
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16th July 2019 0

LG Chem aims to quintuple EV battery biz by 2024

LG Chem will try to quintuple its electric vehicle battery business by 2024, the company’s CEO said on July 9. CEO Shin Hak-cheol said the company is targeting 59 trillion won ($49.9 billion) in sales by 2024, with 31 trillion won coming from its battery business. Last year, the company’s battery sector accounted for only…
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12th July 2019 0

Siemens Gamesa Unveils World First Electrothermal Energy Storage System

Spanish renewable energy giant and offshore wind energy leader Siemens Gamesa Renewable Energy last week inaugurated operations of its electrothermal energy storage system which can store up to 130 megawatt-hours of electricity for a week in volcanic rock. Siemens Gamesa, a company known more famously for its offshore wind turbines, is nevertheless a large-scale renewable…
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5th July 2019 0

First battery-powered cruise ship sails for the Arctic

The world’s first cruise ship propelled partially by battery power is set to head out from northern Norway on its maiden voyage, cruise operator Hurtigruten said on Monday. The hybrid expedition cruise ship, the Roald Amundsen, can take 500 passengers and is designed to sail in harsh climate waters. Named after the Norwegian explorer who…
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2nd July 2019 0

India scrambles to look overseas for rare earths used in EVs

MUMBAI/NEW DELHI — Three Indian state-run companies are forming a joint venture to secure minor metals such as lithium and cobalt that could fuel India’s plan for mass adoption of electric vehicles by 2030. National Aluminum, Hindustan Copper and Mineral Exploration Corp. plan on exploring mines in Argentina, Bolivia, Chile and other countries for metals…
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1st July 2019 0

A 100% renewable grid isn’t just feasible, it’s in the works in Europe

Europe will be 90% renewable powered in two decades, experts say. The myth that a very high level of renewables can’t be integrated into the electric grid is being demolished by the cleantech and battery storage revolution. “By 2040, renewables make up 90% of the electricity mix in Europe, with wind and solar accounting for…
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28th June 2019 0

Intelligent charging tech ‘could make EV refuelling 75% cheaper than petrol’

Ohme Technologies says its new platform will facilitate the mass-adoption of EVs by significantly slashing costs when combined with a time-of-use energy tariff. New intelligent charging tech could make electric vehicle (EV) refuelling 75% cheaper than filling a petrol or diesel vehicle. That’s according to Ohme Technologies, which says its new platform will facilitate the…
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27th June 2019 0

Germany: 3 battery consortia will be funded

  To stimulate domestic battery cell production, the German Federal Ministry of Economics will most likely fund three consortia a total of 1 billion euros ($1.12 billion USD). Of these, only the project of Peugeot, Opel and the battery manufacturer Saft have been confirmed by name. “We’ve now reached a point where we can say…
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24th June 2019 0

Clean electricity overtaking fossil fuels in Britain

For the first time since the Industrial Revolution, Britain is obtaining more power from zero-carbon sources than fossil fuels. The milestone has been passed for the first five months of 2019. National Grid says clean energy has nudged ahead with 48% of generation, against 47% for coal and gas. The rest is biomass burning. The…
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21st June 2019 0