COBALT
Renault's EV unit Ampere teams up with LGES, CATL on battery technology
The company also pledged to work towards the development of so-called cell-to-pack battery solutions aimed at boosting the range of its EVs, together with South Korea's LGES. In a separate statement, LGES said early on Tuesday it had signed a deal to supply 39 gigawatt hours of LFP pouch-type batteries to Renault to power about 590,000 vehicles, adding the battery cells would be produced in Poland.
Hyundai Inster EV micro SUV launched globally, may come to India as Creta EV. Check specs
The Hyundai Inster EV, with its retro-modern design and advanced features, presents a stylish and functional option for urban drivers. This compact electric SUV combines innovative technology with a spacious interior, making it a compelling choice in the evolving electric vehicle market.
The world needs more batteries — but not this many
The oversupply of battery factories being constructed globally is set to exceed the demand for lithium-ion cells in the coming years, according to a report by BloombergNEF. The surge in battery production is driven by the increasing demand for electric vehicles and energy storage solutions. By the end of 2025, the global battery industry is projected to have the capacity to produce over five times the number of cells needed that year, creating a challenging situation for new entrants in the battery market.
Why 'All Eyes on Congo’ is trending now on social media after ‘All Eyes on Rafah’?
Following the 'All Eyes on Rafah' social media trend, a new movement, 'All Eyes on Congo,' is gaining traction online. This campaign aims to raise awareness about the severe humanitarian crisis and ongoing violence in the Democratic Republic of the Congo (DRC). Social media users are sharing compelling videos and photos, highlighting the conflict that has resulted in over six million deaths and displaced millions more.
Hindalco in process of bidding for two nickel, cobalt mines in Maharashtra, Karnataka: MD
Key minerals like copper, lithium, nickel, cobalt, and rare earth elements are crucial elements in numerous rapidly expanding clean energy technologies, ranging from wind turbines and electrical grids to electric vehicles.
India to go 6km deep inside ocean to power your next electric car
India and China compete for minerals crucial for electric vehicles and solar panels. India applies to explore the Indian Ocean for cobalt and manganese, emphasizing strategic importance, Carlsberg Ridge, ANS, polymetallic nodules, Sunil Kumar Singh, NIO, and NIOT.
Microsoft offers cloud customers AMD alternative to Nvidia AI processors
Microsoft's clusters of Advanced Micro Devices' flagship MI300X AI chips will be sold through its Azure cloud computing service. They will give its customers an alternative to Nvidia's H100 family of powerful graphics processing units (GPUs) which dominate the data center chip market for AI but can be hard to obtain due to high demand.
Why energy storage is key to global renewable goals
G7 environment ministers committed on Tuesday to ramp up the production and deployment of battery storage technology, an essential component for increasing renewable energy and combating climate change. The G7 said Tuesday it would not only support more production and use of battery storage, but promote technological advancements in the sector as well as grid infrastructure. cho/giv/np/tw
Why BYD's EV exports sell for twice the China price
BYD strategically hikes export prices to maximize profit margins, significantly exceeding domestic prices. This approach aims to offset domestic price wars and boost profitability amid fierce competition in the global EV market.
Battery recycling shatters the myth of EV waste
Traditional methods of ripping materials out of the ground and refining them for battery backs requires enormous amounts of energy. As a result, the initial carbon footprint of an EV is higher than a comparable internal combustion engine vehicle.Those upfront emissions are paid back over time with the superior efficiency of electric motors, leading to a 70% reduction in total emissions over the average life of the vehicle.
Your new EV could do with a shot of caffeine. And AI
Billions invested in alternative technologies to replace combustion engines and reduce greenhouse gases. Electric vehicle production costs impacted by energy storage, range anxiety, price resistance. Hydrogen fuel cells explored as an alternative. Caffeine boosts fuel-cell efficiency, reduces costs.
Renault in advanced talks with partners to recycle batteries, says executive
Le constructeur automobile français Renault est en discussions avancées avec des partenaires potentiels pour extraire et recycler le lithium et d'autres métaux des batteries de véhicules électriques usagées. Renault vise à être le premier constructeur européen à recycler les batteries à grande échelle pour réutiliser des matériaux stratégiques.
Pitching to assist India to develop EV sector, says Australian envoy
Australia aims to be India's key supplier of critical minerals for the electric vehicle industry. The US, EU, and Japan also source minerals from Australia. The Australia-India Critical Minerals Investment Partnership and ECTA support India's investments in Australian minerals projects. The two countries are also working on enhancing their defence partnership, particularly in maritime domain awareness.
How China built BYD, its Tesla killer
China's BYD, once a laughingstock in the auto industry, has surpassed Tesla in global sales of fully electric cars and is on track to become the market leader in China. With its low manufacturing costs, BYD is rapidly expanding exports to Europe and building assembly lines in multiple countries. However, its success has attracted scrutiny and could lead to trade barriers and tariffs. BYD's growth is unparalleled in the industry, and it has benefited greatly from China's dominance in the electric vehicle market.
Infosys inks seven-year deal with Irish food company Musgrave
As part of the collaboration, Infosys will automate Musgrave’s IT operations by utilising AI and cloud offerings. It will use Infosys Topaz - an AI-first set of services, solutions, and platforms - and Infosys Cobalt - a set of services, solutions, and platforms for enterprises to accelerate their cloud journey to help Musgrave transform its IT operations.
Battery metal price plunge is closing mines and stalling deals
It’s a dramatic reversal from the ebullience of recent years that sent prices soaring and sparked a rush by some of the auto industry’s biggest players to secure future supply.
Exploration companies can now bid for mineral block after rules tweak
The scheme aims to boost activities in the country for exploration of critical and strategic minerals while also easing out the reimbursement and funding operations of the NPEA through the National Mineral Exploration Trust (NMET). The NMET is a non-profit body under the Mines Ministry for promoting mineral exploration.
Infosys partners with urban mobility firm TK Elevator to tap generative AI solutions
This follows a series of recent partnerships made by Infosys to boost digital transformations across its customers globally. Earlier this month, it tied up with Amazon Web Services (AWS) leveraging its cloud platform Infosys Cobalt to accelerate cloud transformation in financial companies across Europe, Middle East and Africa.
Cloud adoption boosts profits and revenue, show survey findings
More than eight out of ten respondents outlined cost efficiency due to cloud deployments, according to the report, released by MIT Technology Review Insights in partnership with Infosys Cobalt, a cloud services platform of Infosys.
Load More
