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Nio garners $2.2 billion investment from UAE fund

Teslarati

billion investment from a firm backed by the United Arab Emirates, as it continues to push to introduce its EVs in additional markets. Nio’s investment comes from Abu Dhabi-backed firm CYVN Holdings, after the automaker also gained a $1 billion round of financing from the company in July, according to Financial Times.

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BMW Group sourcing aluminum produced using solar energy from EGA

Green Car Congress

Generating the electricity needed to produce primary aluminum, i.e. aluminum obtained directly from the mineral compound alumina, is alone responsible for about 60% of the global aluminum industry’s greenhouse gas emissions. This is equivalent to about 3% of the CO 2 targets the company has set for its supplier network.

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Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto

Baua Electric

Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to electric vehicles (EVs), three sources told Reuters.

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Thermal Solar Goes Where PVs Can’t

Cars That Think

Global solar energy supplies are growing rapidly, with nearly 10 times as much solar capacity installed today as there was a decade ago. It's like a big battery of molten salt instead of lithium," said Fernando Gonzalez , CEO of Cerro Dominador. A 30-kilowatt, 42-square-meter aperture production unit is in development.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

The Tenth Vibrant Gujarat Global Summit 2024 kicked off in Gandhinagar today. Over 50 Global CEOs including senior officials from the semiconductor, aerospace, and defence sectors, have confirmed their participation in the summit. billion with 58 companies as part of the ongoing Vibrant Gujarat Summit. This will lead to 1.7

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Thermal Solar Goes Where PVs Can’t

Cars That Think

Global solar energy supplies are growing rapidly, with nearly 10 times as much solar capacity installed today as there was a decade ago. It's like a big battery of molten salt instead of lithium," said Fernando Gonzalez , CEO of Cerro Dominador. A 30-kilowatt, 42-square-meter aperture production unit is in development.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

BNEF’s analysis shows that companies, governments and households invested $303.5 billion, up 12%, while investment in stationary energy storage technologies such as batteries was $3.6 billion, level with 2019 despite falling unit prices. Passenger EVs were responsible for the bulk of outlays on electrified transport globally.

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