Tennessee University to Receive DOE Funding for EV Battery Recycling Project
The DOE’s recent round of grants, funded by the Infrastructure Investment and Jobs Act of 2021, is part of the Biden-Harris Administration’s overarching goal for EVs to make up half of new light-duty vehicle sales by 2030. It’s unclear how…
Stellantis Announces Proposed Plan to Invest £50 million to Strengthen the Ellesmere Port Plant as its UK Commercial Vehicle Manufacturing Hub
Stellantis today announced the start of a consultation with its employees and Trade Union partners on a proposal to consolidate its UK manufacturing of light commercial vehicles (LCV) to create an all-electric, sustainable vehicle hub at its Ellesmere Port site…
Stellantis Invests $29.5M to Enhance EV Aerodynamics
Stellantis has unveiled its Moving Ground Plane (MGP) technology – a $29.5 million investment – at the company’s research and technical center in Auburn Hills, Michigan. The upgraded wind tunnel will be able to measure and reduce airflow resistance from…
Hanon Systems Invests $155 million to Build Ontario’s First-of-its-kind EV Parts Facility
Invest Ontario is supporting a $155 million investment by Hanon Systems, a global supplier of automotive thermal and energy management solutions, for the construction of a new facility in Woodbridge, Ontario to manufacture cutting-edge e-compressors for electric vehicles (EVs). The…
Ghent-based MobilityPlus secures €40 million to drive EV charging growth in Belgium and France
MobilityPlus, a Ghent-based provider of EV charging solutions, has raised €40 million in a growth financing round. The funding, led by Suma Capital through its Climate Impact Fund III with additional backing from existing investor Concentra, will fuel MobilityPlus’s expansion…
Feds Announce $355M for 4 Electric Vehicle Battery Projects in Michigan
The U.S. Department of Energy (DOE) announced Friday it’s granting $355 million in federal funding to a series of manufacturing projects in Michigan, all aimed at bolstering production for electric vehicle (EV) batteries and battery components.In a press release, the…
Europe Invests Billions in Battery Recycling to Fuel EV Revolution
Automakers, big and small, are investing heavily in the development of a wide range of electric vehicle (EV) models, as consumer interest in cleaner cars increases. Europe is expected to lead the world in EV uptake, as several countries introduce…
ChargePoint Extends Leadership in NEVI Funded EV Fast Charging Awards
ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), today announced continued leadership in enabling DC fast charging at National Electric Vehicle Infrastructure (NEVI) program funded locations. Two newly opened ChargePoint sites along Interstate 95…
Biden Administration Announces a $1.7 Billion Plan to Juice EVs in America
The White House on Thursday said it would hand out $1.7 billion to help convert closed-down or at-risk auto manufacturing and assembly facilities to make electric and hybrid vehicles. The funding comes as growth in new electric vehicle sales has…
High Valley Transit to Acquire New Electric Buses After $16.2 Million Federal Grant
High Valley Transit announced Wednesday the awarding of $16.2 million in funding from the Federal Transit Administration (FTA) to replace older diesel buses with state-of-the-art, battery-powered electric buses that the transit group said will significantly reduce emissions and improve public…
