News - Page 478

Aussie Firm JET Charge Secures AUD $72 Million for EV Infrastructure Expansion A significant milestone for electric vehicle (EV) adoption in Australia and New Zealand is underway as JET Charge, a Melbourne-based company, successfully raised AUD $72 million (USD $45 million) in

Kentucky Expands Electric Vehicle Charging Network In an exciting development for electric vehicle (EV) enthusiasts, Kentucky is significantly enhancing its charging infrastructure. Governor Andy Beshear has unveiled a new initiative that will allocate up to $8.6 million to six developers for the

The rise of electric vehicles (EVs) is creating unprecedented demand for essential battery materials, a challenge that is projected to heighten significantly by 2030. According to McKinsey’s latest findings, annual EV sales are set to soar from 4.5 million in 2023 to

Bankrupt electric vehicle battery manufacturer Northvolt AB has recently secured a significant financial lifeline. On December 20, 2024, a Texas court granted Northvolt final approval to engage in a $100 million Chapter 11 loan arrangement, alongside access to essential cash collateral. This

A Groundbreaking Investment in EV Technology The U.S. Energy Department has taken a monumental step in electric vehicle (EV) production, finalizing a staggering $9.63 billion loan to BlueOval SK, a collaboration between Ford Motor Company and South Korea’s SK On. Remarkably, this

Important News for Colorado Families Exciting opportunities have arrived for families in Colorado! The state’s Universal Preschool program has officially opened applications for the 2025-2026 school year. This initiative provides families with up to 15 hours of complimentary childcare each week, ensuring

The quest for longer-lasting lithium-ion batteries is transforming the electric vehicle landscape. As nations work together to enhance battery lifespan, regulations in the U.S. now require that these cells retain 80% of their original capacity after eight years. Amid these advancements, researchers

Boosting Kentucky’s Electric Vehicle Infrastructure In a significant development for electric vehicle (EV) enthusiasts, Governor Andy Beshear has unveiled plans for an expansion of Kentucky’s electric vehicle charging network. This latest initiative will see six developers awarded nearly $8.6 million to construct

Powering Up: New York’s Electric Vehicle Charging Network Transformation New York is making strides toward a greener future with a significant investment in electric vehicle (EV) infrastructure. Governor Kathy Hochul recently announced the allocation of over $28 million in federal funds to