EV News
Displaying 71 to 80 of 331
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07 Mar 2021
China’s EV war: titans driving revolution in sector spell out challenges and strategies
(Read more)[SCMP]: A clutch of Chinese billionaires have...ramped up the development and production of next-generation cars...Robin Li, the founder of Baidu, the Chinese search-engine giant, and entrepreneurs William Li (NIO) and He Xiaopeng (Xpeng)...Elsewhere, Li Shufu, a guru of the country’s automotive industry, has unveiled plans to transform Zhejiang Geely Holding, one of China’s biggest carmakers and owner of Sweden’s Volvo Cars, into an electric-vehicle (EV) powerhouse. In fact, Baidu and Geely have partnered up to design new EVs with the aim of shaking up the sector.
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05 Mar 2021
Tesla to become adviser on nickel project in bid to secure key metal
(Read more)FT's H. Sanderson: 'Tesla has agreed to buy nickel from a mine in New Caledonia in a move to secure its supply of the battery metal...The move comes amid growing concerns about future supplies of nickel...Nickel is needed for the most powerful lithium-ion batteries used in electric vehicles.'
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04 Mar 2021
DeepGreen to go public via $2.9 billion SPAC deal
(Read more)Reuters: DeepGreen Metals, a Canadian EV battery metals maker, will be acquired by Sustainable Opportunities Acquisition Corp (a SPAC that raised $300m in an IPO in 2020) in a $2.9 billion deal. DeepGreen intends to produce metals from rocks found in deep oceans, for use in batteries that will power electric vehicles. The company’s partners include Danish shipping company Maersk and Swiss offshore drilling company Allseas Group SA.
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04 Mar 2021
The $1 Trillion Electric Vehicle Boom Is Just Getting Started
(Read more)The Electrobat, the world’s first electric vehicle, could only run for 25 miles on one charge, at just 20 MPH…The EVs of 2021 are expected to have a range of over 500 miles...Many companies struggled throughout 2020 as businesses were shuttered for months during government lockdowns. But two industries have taken off since the pandemic began: EVs and the tech/biotech solutions focused on tackling COVID-19.
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03 Mar 2021
Rising EV-grade nickel demand fuels interest in risky HPAL process
(Read more)HPAL is the process used to recover nickel...from low-grade, Class II nickel into Class I material that suits lithium-ion batteries for electronic goods, electric vehicles (EV) and energy storage systems...Chinese companies have been ahead of the investment in a number of new HPAL facilities that are under construction, especially in Indonesia. "The health of the Class I nickel market will be reliant...therefore, on the success of HPAL projects coming online in Indonesia and Australia over the next few years," says StoneX's senior metals analyst.
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02 Mar 2021
Mining Review Webinar 1 April 2021: Nickel – The forgotten battery metal
(Read more)On 1 April 2021, MR are running a webinar that will cover the following: 1) nickel’s role in the EV/battery market; 2) discuss how Africa can participate in mining and delivering nickel to global markets; 3) look at nickel – price forecasts; and 4) examine African case studies – a closer look at juniors already in the nickel sector and finally; 5) nickel processing and beneficiation.
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01 Mar 2021
Not just Tesla: Tech analyst says electric vehicle stocks could soar 50% this year
(Read more)“In my opinion EV stocks could be up another 40- 50% this year, given what we’re seeing in terms of a green tidal wave globally...This is one of the most transformational growth trends in the last 20 or 30 years in terms of EV, and many are going to play and win in this sector over the coming years,” Ives told CNBC’s “Street Signs Europe” Monday.
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01 Mar 2021
Electric vehicles (Singapore) — is the long-awaited future finally here?
(Read more)“The only way where EVs would fail is when people don’t see a need to switch over. But in the automotive world, the EV happened to lie at the heart of four megatrends – efficiency, connectivity, autonomous driving, shared mobility,” said Mr Terence Siew, president of the Electric Vehicle Association of Singapore.
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28 Feb 2021
Teslas and other EVs could enter a golden decade with newly-introduced US bill (Electric Cars Act 2021?)
(Read more)With the Electric CARS Act in effect, companies like Tesla could reach an even bigger consumer market, bringing EVs further into mainstream buyers. Ultimately, the newly-proposed bill has the potential to usher in a golden age of electric cars in the United States.
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25 Feb 2021
Apple supplier Foxconn to build first electric vehicle with Fisker
(Read more)Foxconn (the Apple smartphone supplier) has no experience in making cars but is moving to start building Fisker cars in the U.S...It will build on its recent joint venture with Yulon Group, Taiwan's second-biggest automaker, while American President Joe Biden is set to sign an executive order to review critical supply chains from semiconductors and batteries to vital materials for automobiles and weapons.