General Motors sold roughly 14,000 Chevrolet Silverado EVs in the United States and Canada last year, according to GM Authority sales data. The petrol-powered Silverado moves more than ten times that volume in a single quarter. That gap, between what reviewers call one of the best electric trucks on the market and what buyers are […]
The Japanese group plans to mass-produce data-centre battery cells in Kansas by fiscal 2028, redirecting a large slice of its AI infrastructure investment toward storage. The companies that built batteries for electric cars are discovering a new and hungrier customer: the data centre. Panasonic plans to localise production of data-centre battery cells in the United […]
Less than three years ago, residents of Green Charter Township, a rural community of roughly 3,000 people in central Michigan, packed a hall to celebrate what they saw as a victory for local democracy. They had recalled every member of their town board and installed replacements who promptly killed a $2.36 billion electric vehicle battery plant proposed […]
Fast charging has a heat problem. You’ve felt it before: your phone gets hot while navigating in the car, your MagSafe battery pack turns into a hand warmer during a Zoom call, or charging suddenly slows because thermal throttling kicks in. As smartphones become more powerful, portable chargers are struggling to keep up. That is […]
ContourGlobal, the independent power producer backed by KKR, has inaugurated a nearly $500 million solar-and-storage facility in Chile’s Atacama desert that stores daytime solar energy and delivers it after sundown. The Victor Jara hybrid plant combines 231 megawatt-peak of photovoltaic capacity with 1.3 gigawatt-hours of battery storage, capable of delivering 200 megawatts of power for […]
Amprius Technologies, the Fremont-based maker of high-energy-density silicon anode batteries, has announced a partnership with Matternet, one of the few drone delivery companies to hold both FAA Type Certification and Production Certification. The collaboration will see Amprius supply its SiCore® lithium-ion cells for Matternet’s autonomous delivery drones, a move that could meaningfully extend the […]
Europe’s largest bank is putting a dedicated facility behind Chinese solar, battery, EV and data-centre exporters expanding overseas, citing demand that has accelerated alongside the Iran war. HSBC has set up a dedicated $4bn credit facility to help Chinese clean-technology companies expand overseas, the bank said on Monday. The ‘Sustainability and Transition Credit Facility’ covers […]
Deepak Ahuja, the chief financial officer who took Tesla public in 2010 and served two terms steering its finances through the most volatile period in automotive history, has joined Redwood Materials as CFO. He told TechCrunch it is “too early” to talk about an IPO. Companies that are not thinking about an IPO do […]
The two conglomerates are funding separate R&D centres focused on next-generation battery chemistries and advanced EV systems. The investment is a hedge: both groups currently buy critical battery components from Chinese suppliers and want options when Beijing tightens export rules again. India’s two largest steel-and-everything-else conglomerates are putting close to $1bn behind a question that […]
The battery that made Nyobolt a unicorn does not power a car. It powers a warehouse robot. The Cambridge-based startup announced on Tuesday that it has closed a 60 million dollar Series C round at a one billion dollar valuation, led by Symbotic, the Nasdaq-listed AI robotics company whose SymBot autonomous mobile robots already run […]
