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Sweden’s Northvolt commits to invest in EV battery plant in Germany – ET Auto

Baua Electric

“Northvolt’s planned major investment is a huge success for the west coast, for Schleswig-Holstein and Germany as a whole,” Economy Minister Robert Habeck told German newspaper Die Welt.

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Teck Resources mulls British Columbia battery recycling plant – ET Auto

Baua Electric

“There’s a big opportunity for us to play a bigger role in the circular economy,” Price told the conference, a gathering of policymakers, executives, investors and politicians to discuss critical minerals supply for the energy transition.

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Domestic manufacturing of semiconductors is the next big space: MeitY Secy – ET Auto

Baua Electric

“We expect the digital economy to really grow at an increasing pace in the next few years. A USD 2 billion digital economy is what India seriously needs,” Krishnan said. “We expect the digital economy to really grow at an increasing pace in the next few years. “Semiconductors is the other big space.

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Saudi Arabia Pursues Lithium to Fuel EV Ambitions – ET Auto

Baua Electric

The kingdom, heavily reliant on oil for its economy, has invested billions to become a hub for EV manufacturing as part of Crown Prince Mohammed Bin Salman’s economic diversification efforts.

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Chrysler unveils 2013 Ram with array of new systems focused on fuel economy

Green Car Congress

liter Pentastar V-6 engine (Ward’s 10 Best Engines Award two years in a row) with variable-valve timing (VVT) offers best-in-class standard 305 hp (227 kW), with 269 lb-ft (365 N·m) of torque and best-in-class fuel economy for V-6 trucks, according to Chrysler. Specific fuel economy figures are note available yet.)

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Bosch aims to cut 1,200 jobs in software division by end 2026 – ET Auto

Baua Electric

“A weak economy and high inflation, caused among other things by increased energy and commodity costs, are currently slowing down the transition,” the company said in a statement. The employees of the affected division had been informed yesterday afternoon about the plans, the spokesperson said.

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EV maker Arrival’s shares slump on Nasdaq delisting notice – ET Auto

Baua Electric

Many EV firms, including Lordstown Motors , Proterra and Sweden’s Volta Trucks , have gone bankrupt as a tough economy weighs on demand and hinders access to capital. Arrival was reportedly in talks with accounting firm EY about acting as an administrator if the company could not secure funds, Sky News reported on earlier this month.

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