Remove Africa Remove Batteries Remove Battery Remove Financing
article thumbnail

Spiro Secures $63 Million Financing Solution To Expand Its Fleet Of Electric Motorcycles, Batteries, & Swap Stations

CleanTechnica EVs

Spiro, a leading electric motorbike manufacturer and clean energy provider in Africa, has so far deployed over 9200 electric motorbikes across Benin, Togo, and Rwanda.

Benin 85
article thumbnail

LFP Cathodes — Made in Morocco, Financed by China, Exported to the West

CleanTechnica EVs

The USA has effectively locked out Chinese batteries from its domestic market, but what if components like LFP cathodes are made in Morocco, in a factory financed by a Chinese–Korean partnership? Looks like there is more than one way to skin a cat. Sounds complicated, but it might just work, as Morocco has a free […]

Morocco 135
article thumbnail

Graphex Technologies in MOU with Reforme Group to develop graphite manufacturing facilities in Australia; mine-to-battery graphite supply

Green Car Congress

Graphex has more ethan a decade of commercial experience producing 10,000 metric tons per annum of battery-grade purified spherical graphite at its facility in Heilongjiang Province, China, for the power battery market. Reforme was founded by the team that developed a first in the sorting and beneficiating of iron ore.

Australia 170
article thumbnail

Sibanye-Stillwater increases its shareholding in Keliber to 84.96%

Green Car Congress

South Africa-based mining and metals group Sibanye Stillwater has increased its effective shareholding in Keliber Oy to 84.96%. Keliber is a Finnish mining and battery chemical company that aims to start the sustainable production of battery-grade lithium hydroxide, utilizing its own ore, in 2024. Earlier post.) Earlier post.).

article thumbnail

Watu Credit Partners With ARC Ride to Increase Number of EV Battery Swap Stations in Nairobi

CleanTechnica EVs

Watu says it has been at the forefront of asset financing for two- and three-wheeler vehicles. So far, the company has financed the purchase of over 100 electric assets in Kenya. Watu’s e-motorbike financing model enables customers to acquire an electric motorcycle for as little as Ksh 450 daily (US$3 per day).

Kenya 114
article thumbnail

Zambia Proposes Removing Customs Duty on Battery-Electric Vehicles & Charging Systems

CleanTechnica EVs

Dr. Situmbeko Musokotwane, Zambia’s Minister of Finance and National Planning, announced that, “… to continue promoting the usage of clean energy as well as supporting the green economy and climate change mitigation, I propose the following measures: a) Remove customs duty on […] Here is some good news from Zambia.

Zambia 129
article thumbnail

BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

Green Car Congress

On top of pandemic-related supply chain issues, inflation, high transport costs and raw material prices have made battery cells more expensive over the last year. Meanwhile, projects face long lead times to finance, develop and commission. advancing or delaying the time of electricity dispatch. It excludes pumped hydro storage.