Volkswagen and PowerCo Make Strategic Investment in North American Lithium Company Patriot Battery Metals
The Volkswagen Group invests US$48 million to acquire 9.9 percent of Patriot’s issued and outstanding common shares. The binding offtake commitment covers the supply of 100,000 tonnes of spodumene concentrate per year for a period of 10 years as soon…
Power Design Chooses Blink Charging to Supply EV Chargers to its Properties
Multi-trade contractor Power Design has selected US-based EV charger supplier Blink Charging to provide EV chargers and charging services at select locations. The agreement includes the provision of 429 Blink chargers, with a total of 723 plugs for use by…
Mober Secures Major EV Fleet Financing from BDO
Green logistics firm Mober has partnered with BDO Unibank, Inc. (BDO) to finance the acquisition of 60 new electric vehicle (EV) trucks, expanding its fleet to 110 EV units and solidifying its position as a pioneer in sustainable logistics. In…
LOBO EV Technologies Expands Robotic Lawn Mower Business in the U.S. and Australia with Strategic Manufacturing and Distribution Agreement
LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, signed a strategic manufacturing and distribution agreement with Capital Fortress Assets Ltd. (“Capital Fortress”), a…
ChargePoint and General Motors Collaborate to Install Many Hundreds of Electric Vehicle Fast Charging Ports
ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), and General Motors (GM) today announced plans to further accelerate EV infrastructure growth in the U.S. The companies are joining efforts to install hundreds of ultra-fast…
LION ELECTRIC ANNOUNCES EXPIRY OF COVENANT RELIEF PERIOD AND DEFAULTS UNDER CERTAIN OF ITS SENIOR DEBT INSTRUMENTS
The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion” or the “Company”), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today the expiry of the previously announced covenant relief period under its senior revolving credit agreement entered…
DOE Closes on $9.6B loan to Ford’s BlueOval SK Battery Joint Venture
The BlueOval SK joint venture with South Korea-based EV battery manufacturer SK On was established to provide Ford a steady supply of domestically-produced batteries for its EVs. Battery production is slated to begin in 2025. The DOE’s Loan Programs Office…
SCU Installs Solar EV Chargers for Maintenance Fleet
Paired Power and Santa Clara University (SCU) have partnered to provide direct clean energy to the University’s maintenance fleet and other electric vehicles. In October, the university announced that Paired Power, a leading American-made solar and microgrid electric vehicle charger…
Arlington Pumping Up on Public EV Charging Stations
Arlington County Government is jump-starting the number of Electric Vehicle (EV) charging stations it offers for the public.Just a few months ago, the County had provided just 15 public charging stations at facilities including Long Bridge Aquatics & Fitness Center…
Stellantis and CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain
Stellantis and CATL today announced they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Designed to be completely…
