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Verkor gets over 1.3 bn euros in financing for Dunkirk EV battery gigafactory – ET Auto

Baua Electric

billion) in green financing for its first battery gigafactory in Dunkirk , finalising its funding. The financing allows Verkor to fund construction of the plant, which will supply Renault’s premium and Alpine electric models among others. French battery start-up Verkor said on Friday it had secured more than 1.3

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The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies. With less financing options for IOCs, and also oilfield services, the already existing investment gap in upstream investment worldwide will only grow wider.

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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. As per industry estimates, about 4.1 Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold.

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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. billion) into a financing facility to support exports. billion) into a financing facility to support exports.

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Australian thermal coal mine aims for Q4 restart on supply deal – ET Auto

Baua Electric

Surging prices for coal last year have led to some new coal mines ramping up after the war in Ukraine exacerbated a supply shortage brought on by growing reluctance from climate conscious investors to funding new fossil fuel projects. In March it had said it expected to restart in the second half of 2023.

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Visiting Chinese trade official warns EU on greentech probe – ET Auto

Baua Electric

China’s top trade official warned the European Union against protectionism on Friday, saying Beijing was puzzled by EU probes into green tech exports and the bloc’s concerns they threaten the domestic solar panel, wind turbine and electric vehicle industries.

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NIO Capital invests in Chinese SiC chip maker

CN EV Post

(Image credit: NIO Capital) NIO Capital has invested in a local Chinese silicon carbide (SiC) chip maker as it continues to expand its investments in the new energy vehicle (NEV) industry chain. For more articles, please visit CnEVPost.

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