Northvolt, Hailed As Europe’s Future EV Battery Champion, Files For Bankruptcy
"Northvolt's liquidity picture has become dire," the company said in its Chapter 11 petition.
Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.
675 hp AUDI E, Cybercab hits the road, and BYD gets set to take down Ford
On today’s slightly confusing episode of Quick Charge, we’ve got a 675 hp AUDI concept that isn’t really an Audi, a self-driving Tesla hitting the roads around Giga Texas while the company pulls all the demand levers
Egypt launches new RoRo ferry service between Damietta, Trieste ports
Egypt launched a new Roll-on/Roll-off (RoRo) ferry service connecting Damietta Port in Egypt to Trieste Port in Italy on November 29th, 2024. The service is expected to significantly boost trade and economic ties between the two countries, particularly in the
EVs At 23.5% Share In France — Plugins Dip As HEVs Surge
October’s auto market saw plugin EVs at 23.5% share in France, down from 26.5% year on year. Classic hybrids (HEVs) were the only powertrain that saw YoY growth, with plugins losing ground, though faring better than combustion-only vehicles. Overall auto
DOE offers $670.6 million loan to Aspen Aerogels to produce thermal barriers for EV battery safety
The Loan Programs Office at the US Department of Energy (DOE) has made a conditional commitment for a direct loan of up to $670.6 million to Aspen Aerogels Georgia
El-Khatib discusses Procter & Gamble’s projects, investment plans in Egypt
Hassan El-Khatib, Minister of Investment and Foreign Trade, met on Tuesday with Karim Yassin, Executive Vice President and General Manager of Procter & Gamble—Egypt. Both parties reviewed the company’s current projects and investment plans in the Egyptian market and discussed
A closer look at Li-ion dry electrode coating technology
The dry electrode coating process has the potential to enable the production of better, greener, more cost-effective batteries. It relies on advanced fluoropolymer binders with Teflon™ For a few
China’s Auto Industry Has The World On Notice. Here, It’s Already Winning
As Europe reckons with intensifying EV competition, China Inc. is making much bigger moves elsewhere.
