Cleantech & EV’s

Zambian president-elect Hakainde Hichilema won a landslide victory in the country’s election last week, beating the incumbent, Edgar Lungu. Hichilema’s plan is to ramp up mining in particular to jump-start Zambia’s economy – and provide the rapidly growing electric vehicle battery industry with crucial cobalt and copper. Cobalt and copper Zambia is the world’s sixth-largest producer of…

Mercedes has announced that they will pull out of Formula E at the end of next season, the 2021-2022 race season. The announcement comes just after the conclusion of this year’s Formula E season, which saw Mercedes win both the Teams’ and Drivers’ championship (via Nyck de Vries) last weekend. Mercedes first started its Formula E involvement in season 5 by partnering with HWA Racelab.

STRÖMMA is a locality in Stockholm County, Sweden. And it’s also the name Swedish furniture and home goods giant IKEA has given to its new clean energy retail service from next month in its home country. IKEA’s clean energy – STRÖMMA IKEA shoppers in Sweden will be able to not only buy everything from lights to appliances in one gargantuan blue building, they can also, from September…

Tesla’s stock (TSLA) is down 7% this week, wiping out tens of billions of dollars worth of market capitalization. The market is trying to figure out what is putting so much pressure on the stock. The main suspect is the NHTSA probe into Tesla Autopilot in relation to accidents with emergency vehicles where the driver-assist system was believed to be activated. The news that the federal agency…