Supercharging the future with next-gen energy storage
Energy storage is no longer a distant goal but rather a fast-approaching reality. Breakthroughs in batteries and grid solutions are bringing in a new energy framework that promises a brighter, cleaner, and more efficient future. With the shift towards renewable energy sources like wind and solar, which are inherently intermittent, advanced energy storage systems have […]
SUN Mobility announces a joint venture with IndianOil
SUN Mobility, the leading provider of energy infrastructure and services for electric vehicles (EVs), announced a strategic collaboration and a joint venture with IndianOil, a diversified, integrated energy major to establish and deploy one of the largest battery swapping infrastructure networks by 2030. The joint venture expects to scale up to over 10,000 battery swapping stations across 40+ cities in next […]
Toyota Powers US-Based EVs With LG Battery Supply Agreement
LG Energy Solution (KRX: 373220) and Toyota Motor North America, Inc. (Toyota) recently announced that it has signed an agreement on supply of lithium-ion battery modules that will be used in Toyota battery electric vehicles (BEVs) that will be assembled in the United States. Industry sources added that under the contract LG Energy Solution will […]
Mercedes-Benz issues its first Green Panda Bond
Mercedes-Benz International Finance B.V. successfully issued its first Green Panda Bond on November, 2022 with a size of RMB 500 million (approx. EUR 68 million), a term of two years and a coupon rate of 2.9 percent in the Chinese Interbank Bond Market. The bond, which was 3.1 times oversubscribed is guaranteed by Mercedes-Benz Group […]
