Driven primarily by projected electric vehicle (EV) demand, the global lithium-ion battery industry and its associated supply chain have committed more than $600 billion in funding towards launching new electric vehicle models. This includes large-scale investment in mineral extraction, chemical processing, anode and cathode production, cell production, recycling facilities, and the provision of EV component parts.
Volkswagen reached a $14.7 billion settlement in 2016 to resolve the claims arising from its diesel emissions cheating scandal, also known as Dieselgate. The agreement included federal penalties and consumer compensation, and compelled Volkswagen to invest billions in promoting and advancing green transportation technology. The most well-known part of the settlement for EV drivers was […]
Aptera Motors is back with its second exciting news update this week, announcing it has selected an open-source driver assistance system called “openpilot” as its official system that will be integrated into its production model solar EVs. Read More
JB Straubel, former Tesla CTO, has set out on his own into an industry he sees as vital for the future: battery recycling. Read More