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Nio garners $2.2 billion investment from UAE fund

Teslarati

Chinese electric vehicle (EV) manufacturer Nio has garnered a $2.2 billion investment from a firm backed by the United Arab Emirates, as it continues to push to introduce its EVs in additional markets. Nio buys 12% stake in lithium mining company What are your thoughts? Nio is aiming to enter the U.S.

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BMW Group sourcing aluminum produced using solar energy from EGA

Green Car Congress

This is equivalent to about 3% of the CO 2 targets the company has set for its supplier network. The trend towards e-mobility means that a much larger percentage of a vehicle’s lifecycle CO 2 emissions now comes from upstream added value in the supplier network. million tonnes of CO 2 emissions over the next ten years.

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Ballard to supply two fuel cell modules to Solaris for bus deployments in Europe

Green Car Congress

Ballard’s fuel cell power modules will be utilized as range extenders for batteries in Solaris electric bus platforms. The Company manufactures intracity, intercity and special-purpose buses as well as low-floor trams. —Günter Elste, CEO of Hamburger Hochbahn AG.

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South Korean EV Company to Open Two Production and Distribution Facilities in Pennsylvania

Green Car Congress

CT&T makes low- and mid-speed, short-distance neighborhood electric vehicles that pass crash tests required for regular passenger cars. The vehicles sell for about $12,000. The company is focusing on sites on the Delaware River in Philadelphia for its initial Pennsylvania location.

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

Baua Electric

China is the biggest processor and consumer of lithium, needed for electric and hybrid vehicles. Other oil companies, including Exxon Mobil and Occidental Petroleum, plan to take advantage of emerging technologies to filter lithium from brine, as the world seeks to move away from fossil fuels.

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Einride partners with Heineken to support electric trucks moving precious beer through Europe

Baua Electric

During its tenure, the developer of all-electric trucks, fleet management software, and autonomous vehicles has established a New York headquarters and since begun commercial fleet operations in the US with GE Appliances. At this stage, battery electric is one of the best-positioned technologies to decarbonize road freight.

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Phoenix Motorcars Introducing Electric AWD Phoenix SUT at FedFleet 2010

Green Car Congress

Each solution is equipped with lithium-ion batteries. Initial vehicles will be included in demonstration programs, such as those previously announced in Hawaii, and fleet operations in various locations, including California. Phoenix Cars LLC, a Delaware company, operates under the trade name of Phoenix Motorcars.

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