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…
Audi Starts Production of PPE Vehicles in China
Audi FAW NEV Company, a joint venture between Audi and Chinese carmaker FAW, started production on Tuesday of all-electric models in Changchun, capital of Northeast China’s Jilin province. The new production site is the first in the country to exclusively…
Taiwan Installs More Electric Vehicle Battery Chargers than EU Recommendation
Taiwan has a higher density of battery charging stations for electric vehicles than the rate suggested by the European Union, reports said Saturday. With 9,770 chargers, Taiwan now has one public EV battery charging point per 9.1 EVs, compared to…
Türkiye Leads Europe in Electric Vehicle Fast-charging Network
Türkiye currently ranks first in Europe in terms of socket power and the number of fast (DC) sockets per electric vehicle, according to Mustafa Yılmaz, president of the Energy Market Regulatory Authority (EPDK). The number of electric vehicles (EVs) has…
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…
Vulcan Energy Gains European Investment Bank Support for Project Financing
Vulcan Energy Resources Limited has announced that the European Investment Bank (EIB) Board has approved its participation in the Phase One financing of Vulcan’s project. This initiative aims to produce 24,000 tonnes of Lithium Hydroxide Monohydrate annually, potentially supporting the…
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…
