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Commercial megawatt charging project launched in Europe

  A European Commission-backed project will deploy €10 million in funding to develop megawatt charging systems. The research aims to establish an electric truck charging network in Europe by 2030. The project has been named the Multipoint megAwatt Charging for Battery Electric Truck Hubs (MACBETH) initiative, and is being led

Rising costs, tariffs, overseas production behind closure of AESI

  But, both could point to a sign of things to come for others in the US battery ecosystem as the effects of US-China tariffs and a potential repeal of clean energy tax credits start to bite. American Energy Storage Innovations (AESI) voluntary wind-down As Energy-Storage.news exclusively reported earlier this

VinFast boosts sales in Q1 but still incurs high net loss

VinFast continues to struggle reconciling ambitious global expansion strategies with high financial losses. By Will Girling Another quarter, another ambivalent report from Vietnam’s leading electric vehicle (EV) manufacturer, VinFast. According to its Q1 2025 results, published on 9 June, the company delivered 36,330 cars—up almost 300% from the same quarter

Study finds "profound" secrecy in corporate climate lobbying

  A new AI-powered study of more than 8,500 listed companies has revealed a “profound” lack of disclosure and governance around climate-related lobbying. One result of the secrecy, argue the report’s authors, is that companies often lobby in a way that undermines their own climate strategies. The report, produced by

Driving EV Development with a Twin-Battery Approach

  Using multiphysics simulation, IAV has designed a novel dual-chemistry EV battery system that opens up new possibilities for car manufacturers and battery designers. By Joseph Carew Avoiding the rare raw materials required for the production of traditional batteries without sacrificing energy density is a major goal for those looking

Greenskies virtual net metering solar project serves multiple Connecticut colleges

  Greenskies Clean Focus completed a 2.32-MW ground-mount solar project in Orange, Connecticut. The energy produced will benefit Connecticut State Colleges and Universities (CSCU), saving the schools an estimated $6 million in energy savings over 20 years of operation. Credit: Greenskies Clean Focus The Orange solar array leverages Connecticut’s virtual

Chevrolet Is Breathing Down Tesla’s Neck In U.S. EV Sales

  Chevrolet continues its impressive sales streak. After the first five months, Chevy surpassed Ford in EV sales to become the #2 EV brand in the U.S. Now, GM has its sights set on Tesla. Chevrolet is now the second-best-selling electric car maker in the United States, surpassing Ford and

xAI targets $5 Billion debt offering to fuel company goals

  Cathie Wood shared that Tesla is her top stock pick. During Steven Bartlett’s podcast “The Diary Of A CEO,” the Ark Invest founder highlighted Tesla’s innovative edge, citing its convergence of robotics, energy storage, and AI. “Because think about it. It is a convergence among three of our major

Battery swapping for commercial vehicles expands in Japan

  Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Mitsubishi Motors, Ample and Yamato Transport announce a multi-year pilot program to start in September 2025 that will see the deployment of more than 150 electric commercial vehicles with swappable batteries and 14 modular battery swap stations in Tokyo. The deployment of

India's energy storage story - Energy-Storage.News

As of May 2025, India’s power capacity stands at 50% thermal (coal + gas), 47.3% renewable energy (wind, solar, hydro, biomass combined) and 2% through nuclear. But if we convert this metric to electricity, India is still powered by 75% coal, 13% through wind and solar and 8% through hydro.

SpaceX to debut new Dragon capsule in Axiom Space launch

  Axiom Space’s Ax-4 mission targets the International Space Station (ISS) with a new SpaceX Crew Dragon capsule. The Axiom team will launch a new SpaceX Dragon capsule atop a Falcon 9 rocket from NASA’s Kennedy Space Center in Florida on Wednesday at 8:00 a.m. EDT (1200 GMT). The Ax-4

LS Materials presents charging station with buffer storage system

  Fast charging stations with a battery as a stationary storage unit connected to the grid are becoming increasingly popular as they can buffer grid power during peak usage periods. The Korean company LS Materials has developed a new hybrid energy storage system (H-ESS) for electric vehicle charging stations, which

Tesla tops Cathie Wood’s stock picks, predicts $2,600 surge

Cathie Wood shared that Tesla is her top stock pick. During Steven Bartlett’s podcast “The Diary Of A CEO,” the Ark Invest founder highlighted Tesla’s innovative edge, citing its convergence of robotics, energy storage, and AI. “Because think about it. It is a convergence among three of our major platforms.

Toshiba delivers first battery samples with niobium-titanium oxide anode

Toshiba is developing a rechargeable lithium-ion battery with a niobium-titanium oxide anode and has now started to deliver cell samples to manufacturers. The ‘SCiB Nb’ is said to be similar to LFP cells in terms of volumetric energy density, but has clear advantages in terms of fast charging and service