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Serbia to give green light for Rio Tinto lithium mine – ET Auto

Baua Electric

Serbian President Aleksandar Vucic is preparing to give Rio Tinto the green light to develop Europe’s largest lithium mine two years after Belgrade called off the project, the Financial Times said on Sunday. million cars.” ” In 2022, Belgrade revoked licences for Rio’s USD 2.4

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Rivian R1T charging status light bar spotted in the wild

Teslarati

Rivian’s status charging light bar was seen in action while an R1T pickup truck was charging in an Electrify America station in Glendale, CA. A clear picture of Rivian’s status charging light bar was shared on the Rivian forums. The app will be available for download in early September before R1T deliveries begin.

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European battery maker ACC partners with Circulor to map supply chain, carbon emissions – ET Auto

Baua Electric

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. Launched in 2020, ACC has announced EV battery plants in France, Germany and Italy with a 7 billion-euro (USD 7.6 billion) investment.

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Li-Ion battery manufacturer RCRS Innovations to invest INR 50 cr to scale capacity – ET Auto

Baua Electric

New Delhi: Noida-based RCRS Innovations Ltd , which owns lithium-ion battery manufacturer EXEGI , will invest INR 50 crore this year to expand its capacity and introduce new product lines. The market for clean energy storage solutions, powered by Lithium-Ion batteries, is likely to surpass INR 40,000 crore in the next five years, Goyal said.

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RCRS innovations files for IPO, aims to expand battery manufacturing – ET Auto

Baua Electric

The proceeds from the IPO are intended for use in meeting working capital requirements and expanding battery manufacturing capacity. Based in Noida, RCRSIL manufactures and markets Lithium-Ion batteries and solar panels under the EXEGI brand, from its two manufacturing plants in the Delhi-NCR region. crore and a profit of INR 1.35

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Battery Smart raises USD 65mn Series B round led by LeapFrog Investments – ET Auto

Baua Electric

With over 45,000 active customers, Battery Smart leads the battery swapping movement, offering a convenient, low-carbon driving range. The newly acquired capital will help Battery Smart expand its battery-as-a-service solution to more cities across India, according to a company media release.

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China issues draft guidelines to rein in lithium battery industry – ET Auto

Baua Electric

China is the world’s largest lithium battery market, accounting for some 57% of global demand in 2022, according to the Economist Intelligence Unit. Lithium-ion batteries are a form of rechargeable energy storage used in everything from electric cars to scooters, laptops and motorised wheelchairs.