On Tuesday, in a statement South Korea’s SK Innovation Co Ltd said it is considering all options which includes pulling out of its battery business in the United States if U.S. President Joe Biden does not overturn a trade panel’s… Read More ›
battery technology
New tax reform bill does not kill tax credit for electric vehicles
Although the new tax reform bill, as introduced in the U.S. House of Representatives, had contained provisions to eliminate the $7,500 tax credit for EVs, the version that was introduced on Thursday in the U.S. Senate does not contain these… Read More ›
Toyota partners with Mazda Motor Corp to develop electric vehicle technology
The declining costs of battery technology is heating up the race to place electric vehicles on the consumer market by 2020. In efforts aimed at shortening the lead between its rival and itself, Toyota Motor Corp has establishing a new… Read More ›
Vedanta Resources positioning itself anticipating a hike in the demand for electric vehicles
The company;s portfolio is likely to allow it to improve and feed the demand for better battery technology and lighter, fuel efficient vehicles. To this end, its cobalt, zinc and aluminium mines in Zambia, Congo and India are likely to… Read More ›
British government pushes to rejuvenate through green technological policy
As Britain prepares to leave the EU, May’s government is pushing for a greener, cleaner industrial policy. On Monday, as part of the British government industrial strategy to boost growth, productivity and distribution of wealth, the country’s business minister is… Read More ›
Plug Power to power growth of Amazon.com
Plug Power, a fuel cell manufacturer, already powers the forklifts at Wal-Mart. Now it will be powering Amazon’s forklifts too. This is of strategic nature, since adopting fuel cell technology could help Amazon free up human resources and space. Plug… Read More ›
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