Tesla Signs 100MW Battery Deal With Contact Energy

Contact Energy, a New Zealand energy retailer and generator, has contracted EV giant Tesla Inc to…

Germany Sees 35% Surge in Solar Power Installations in Early 2024

On Tuesday, June 18, the Solar Power Association (BSW) announced that Germany’s solar power installations surged…

FAW to Relocate EV Production to Egypt by 2025

First Automobile Works (FAW), China’s third largest carmaker, will relocate its “Bestune NAT” electric vehicle model…

Gas Minister, Ekpo Commissions 5.2 mmscfd CNG Plant in Isolo, Lagos

On Thursday, May 30, Nigeria’s Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, commissioned a 5.2 million…

IEA Lowers 2024 Oil Demand Forecast, OPEC Maintains Projection

The International Energy Agency (IEA), in its May 2024 Oil Market Report, reduced its forecast for…

Honda Increases Electrification Investment to $65 Billion

Japan’s Honda Motor pledged to double its electrification and software investment to about $65 billion over the…

Tinubu Bans Petrol-Dependent Vehicles for Government Officials

President Bola Tinubu has banned purchasing petrol-dependent vehicles for the Federal Executive Council (FEC). Instead, all…

Morocco Expects More EV Battery Investments

Moroccan industry and trade minister Ryad Mezzour said Morocco wants to attract more electric battery manufacturers.…

IKEA Foundation Donates $100 Million Grant for EV

The Drive Electric Campaign, a global initiative to accelerate electric vehicle uptake, has received a $100…

Stellantis CEO Supports EU’s 2035 Ban on Petrol and Diesel Car

Stellantis, the Franco-Italian automotive giant, reaffirms its commitment to align with the EU’s goal of phasing…