Cleantech & EV'sNews

After selling 4 electric scooters every second, Ola raises $200M at $3B valuation

Ola has just announced a major new funding round and a sky-high valuation that follows on the heels of unprecedented demand for its new electric scooters. With an extra $200 million of funding raised at a new $3 billion valuation, Ola is quickly becoming a major disruptor in the electric scooter market. The Indian electric mobility company began selling its first model of electric scooter…
Read more
Cleantech & EV'sNews

The US solar industry is infighting. Here’s why

There’s a tariff battle under way within the US solar industry. On one side are project builders that rely on imported materials, and on the other side are domestic manufacturers. Solar tariff battle In August, a group of anonymous US solar manufacturers that calls…
Cleantech & EV'sNews

28 companies worth $1T to automakers: These are the ZEVs we want right now

The Corporate Electric Vehicle Alliance (CEVA), a coalition of 28 major US and global companies and fleet operators, released a letter today urging automakers to rapidly expand their zero-emission vehicle (ZEV) offerings. The group also specified what kind of vehicles they want. CEVA, which is led by nonprofit Ceres, includes such corporate heavy hitters as Amazon, American Airlines, Best Buy…
Read more
Cleantech & EV'sNews

Mercedes-Benz partners with Stellantis to make battery cells for electric cars

Mercedes-Benz announced today that it will join Stellantis and Total Energies as equal partners in Automotive Cells Company (ACC) to make battery cells for electric cars. Earlier this year, Mercedes-Benz announced plans to go all-electric by 2030. In order to achieve that, they are going to have to secure a lot of batteries, and at the time, they announced this initiative: “Mercedes-Benz to…
Read more
Cleantech & EV'sNews

Tesla CEO Elon Musk is confident the chip shortage will be solved short term

Tesla CEO Elon Musk disclosed that he is confident the chip shortage is going to be solved in the short term, despite many disagreeing. The pandemic has resulted in an increased demand for many electronics and computers that the supply chain couldn’t handle, especially the semiconductor industry. This microchip shortage, in turn, affected the automotive industry, which has increasingly become…
Read more