Carmaker Stellantis said on Wednesday it would discontinue its hydrogen fuel cell technology programme and no longer launch a range of hydrogen-powered vehicles this year, as it sees no development of the market in the mid-term.
Europe’s leading data centre hubs face a major shift as developers will go wherever connection times are shortest, unless there is more proactive electricity grid planning, a report on Thursday by energy think-tank Ember showed.
Energy majors are pouring money into gas exploration and production in Malaysia and Indonesia to meet rising power demand from growing populations and a proliferation of data centres in the region.
Global sales of electric and plug-in hybrid vehicles rose 24% in May compared with the same period a year ago, as strength in China offset slower growth in North America, according to market research firm Rho Motion.
Dutch car sharing firm MyWheels will plug in the first of 500 grid-connectable Renault EVs to its fleet in the Netherlands this week, expanding the number of vehicles in Europe capable of strengthening the power grid as the technology gains traction.
Global miner Rio Tinto will tackle one of the biggest technological challenges in the lithium industry as it takes the lead in Chile’s first major projects involving the battery metal in years, alongside state-run mining companies Codelco and ENAMI.
German chipmaker Infineon said on Tuesday it will work with Nvidia on developing chips for new power delivery systems inside artificial intelligence data centers.
Half of China’s sales of heavy trucks could be electric vehicles by 2028, up from 10% in 2024, the chairman of battery maker CATL said on Sunday, according to a media report.
Electronic components manufacturer TDK Corp is accelerating the launch of its next-generation silicon anode batteries, with preparations running ahead of schedule and demand from smartphone makers.
Samsung Electronics said on Wednesday it had agreed to buy Germany’s FlaktGroup for 1.5 billion euros ($1.68 billion) as it looks to meet growing demand for cooling of data centres used for artificial intelligence projects.
A U.S. government-created artificial intelligence program that aims to predict the supply and price of critical minerals has been transferred to the control of a non-profit organization that is helping miners and manufacturers strike supply deals.
South Korean battery maker LG Energy Solution (LGES) on Wednesday said it expected revenue in the second quarter ended June to decline from Q1 partly due to uncertainties from U.S.-driven tariff policies.
South Korea’s LG group remains committed to Indonesia and will increase its investment in a battery cell factory by $1.7 billion, raising total investment in the project to $2.8 billion, Indonesia’s investment minister said on Tuesday.
UK fast-charging battery technology company Nyobolt has raised $30 million to expand its business in autonomous warehouse robots and heavy duty vehicles and move into new markets including mainstream electric vehicles, it said on Wednesday.
An escalating global tariff war could provide challenges for the emerging data centre sector and cause slower growth, Laura Cozzi, the International Energy Agency (IEA) Director of Technology told Reuters.