Smartphone maker Xiaomi will launch five-seater EV next year

Smartphone company Xiaomi is getting into electric vehicles, according to filings released by China's Ministry of Industry and Information Technology (MIIT), which is responsible f...

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Daily Shorts: Canadian satellite to monitor CO2 from space, global treaty on plastic pollution, and more

Image: Pexels

Canadian emissions tracking company GHGSat launched Vanguard, a satellite that will help monitor CO2 emissions from individual industrial facilities such as coal plants and steel m...

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How China plans to put the brakes on methane, a gas that's 28 times deadlier than CO2

China has pledged to curb flaring from oil and gas wells as part of its measures to reduce methane. Image: Shutterstock

China has released its much-awaited plan to reduce methane emissions, but the results have been mixed, drawing praise and disappointment. The plan, outlined earlier this week towar...

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Daily Shorts: China's plan to cut methane, US to spend $440 mn on solar + battery in Puerto Rico, and more

Nikola has received non-binding orders for 277 trucks. Image: Nikola

China could unveil a plan to cut down methane emissions before the start of COP28 in Dubai, but might not set specific targets for reduction, media reports said. The plan is likely...

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Lithium demand slows as EV momentum falls, but miners stay bullish

Greenbushes in Western Australia, the world's largest lithium mine. Image courtesy: IGO

Albemarle, the world's largest lithium miner and among the largest suppliers of the mineral to EV battery makers, reported lower-than-expected quarterly profit and cut its annual f...

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Eye on EV Charging: In conclusion, a global snapshot and some questions that need answers

Whether Indian e-bus and OEMs collaborate to launch charging networks remains to be seen. Image: Shutterstock

Well distributed and easy-to-access charging networks will be a vital factor for faster adoption of e-mobility. The networks need to provide fast, reliable and sustainable charging...

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Eye on EV Charging: In China and Japan, charging networks are largely collaborative affairs

Image: BYD

Well distributed and easy-to-access charging networks will be a vital factor for faster adoption of e-mobility. The networks need to provide fast, reliable and sustainable charging...

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Daily Shorts: Stellantis buys into Leapmotor, Australian state pumps $630 million more into RE

Image: Pexels

Stellantis announced it would buy 21 percent in Chinese EV company Leapmotor for $1.6 billion. In addition, the two companies have formed a joint venture that will hold exclusive r...

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Weekend Roundup: China limits graphite exports, Tevva seeks new merger partner, and more

China restricted the export of some graphite products from December, in what is seen as a counter to a US freeze on transfer of semiconductor technology to the Middle Kingdom. Chin...

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Low-emission hydrogen production set to more than triple by 2026: IEA report

Image for representation purposes only. Source: Freepik.com

As per International Energy Agency's (IEA) Medium-Term Gas Report 2023, low-emission hydrogen production is set to triple over the medium term at the global level, primarily l...

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No looking back: Energy transition in China

In many ways, this year was the tipping point for renewable energy. The world has woken up to the imperative of energy transition, and countries around the world have made progress...

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Daily Shorts: Total seeks 5KTPA green H2, Indonesia wants homegrown EV champion

Image: Shutterstock

French oil major TotalEnergies sought applications for 500,000 tonnes per annum of green hydrogen to replace the grey hydrogen it currently uses in industrial activities. The compa...

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Daily Shorts: Lyten raises $200 in Series B, Amazon buys credits for direct air capture

Image: Stellantis

Battery startup Lyten, Inc, announced it had raised $200 million in funding aimed at helping it scale up manufacturing and commercialize its first three product lines: Lithium-Sulf...

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Weekend Roundup: Oil India's clean energy spends, PetroChina buys EV charging company, and more

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The Summit Group of Bangladesh announced it would invest $3 billion in solar, wind and hydroelectricity generation projects across the subcontinent as part of its clean energy push...

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Daily Shorts: UK eases onshore wind norms, Stellantis says its cars can switch to e-fuels

The UK government has eased approvals for onshore wind projects in England supported by the local population. The proposals also aim to incentivise locals by offering them cheaper ...

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Daily Roundup: Opel plans EV at half the average price, Petrobras eyes biofuel refinery in Brazil

Image Source: Acelen

Stellantis-owned marque Opel plans to offer an EV for about €25,000 from around 2026, the company's CEO Florian Huettl said. That's less than half the current average price for an ...

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Weekend Roundup: EU may ask COP28 to phase out oil & coal, Italy gets 16 MTPA carbon storage capacity, and more

The EU could push for a global deal to phase out fossil fuels at COP28, a review of the bloc's draft negotiating position shows. Almost 200 countries are expected to attend the cli...

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Daily Shorts: US offers $12 bn to retool car plants for EVs, Tesla reverses China price war

Equinor and BP want to increase the price of power from three planned offshore wind farms by 54 percent, and have cited "rampant inflation, global supply chain disruptions, soaring interest rates…” among the reasons for their application. Image: Empire Wind

The US government is offering auto companies and component suppliers $12 billion in grants and loans so they can retrofit their plants to produce electric vehicles. US Energy Secre...

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Second Coming: India's JSW Group in talks with Chinese company for an EV foray

JSW Group is giving EVs another shot. Image: Shutterstock

JSW Group, India's $23 billion steel-to-paints conglomerate, has held early talks with China's Leapmotor to license the company's electric vehicle technology, Reuters reports, citi...

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Daily Shorts: Tesla range under scanner, Canada clears four wind farms to drive green hydrogen plants

Image: Tesla

Tesla is under the scanner of US authorities over vehicle range claims, media reports indicate. The Wall Street Journal reported federal prosecutors are looking into the company's ...

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Daily Shorts: BYD profit triples, Indonesia's Aceh to get green hydrogen plant

Chinese EV powerhouse BYD said first-half profit tripled to $1.50 billion, as record deliveries helped the company retain the title of China's biggest-selling automotive brand. Dat...

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Weekend Roundup: India may put EVs in priority lending list, BYD buys Jabil's China mobility operations

Image: Pexels

India could include EVs under its priority sector lending category to make it cheaper for companies to raise funds, Reuters reported, citing an unidentified government official. Th...

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Daily Shorts: BYD plans battery plant in South Korea, Japan considers $14 bn green push

Japan is evaluating $14 billion in additional investments to promote local production of energy storage batteries, semiconductors and equipment used to make hydrogen, according to ...

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Daily Shorts: Proterra files Chapter 11, Baosteel to study 10 million metric ton carbon capture project

Proterra'a ZX5 busses have a range of 340 miles on a single charge. Image: Proterra

Electric-vehicle parts company Proterra, which makes e-buses and battery packs, has filed for Chapter 11 bankruptcy protection. CEO Gareth Joyce said in a statement that the compan...

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World’s first EVx gravity energy storage system begins operations in China

Gravity-based energy storage solutions provider, Energy Vault announced that the world's first grid-scale gravity energy storage system EVx has entered the first phase of...

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Daily Shorts: Subaru ups EV sales target, VW eyes Leapmotor platform and more

Image: Subaru

Japan's Subaru announced it will target sales of 600,000 electric vehicles a year by 2030, or half the company's annual sales. The company also announced plans to invest $10.5 bill...

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Daily Shorts: Swiss town gets 100% RE capacity, Germany’s getting an 800 MW hydrogen power plant and more

RWE's hydrogen plant will use Ansaldo Energia’s GT36 turbine to generate power. Image: Ansaldo Energia

Switzerland has installed six wind turbines in the town of Sainte-Croix along its French border, giving it enough capacity to meet the town's energy needs through renewable sources...

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China bulks up on energy storage, BESS capacity up 37% in first five months of 2023

Source: XJ Group Corporation

China has reworked power transmission arrangements and ramped up energy storage capacity as it seeks to protect its national grid from a repeat of the outages that hit the nation l...

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Daily Shorts: Thyssenkrupp moves to decarbonize its steel, Iberdrola sells wind farm stake to Masdar

German industrial major Thyssenkrupp will invest around €3 billion to set up a green steel plant in Duisburg, the German government announced. Over €2 billion of that includes gove...

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Weekend Roundup: Itochu launches $2 billion RE fund, Mercedes says China central to coming EV campaign

Mercedes' all-electric SUV, the EQE. Image: Mercedes Benz

Japan's Itochu Corp announced the company will invest around $2 billion in renewable power assets in Canada and the US through Overland Capital Partners, a fund set up in partnersh...

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