The EV & Future Mobility Park is being created on 300 acres in Shoolagiri, Krishnagiri District.

The funding will cover both the purchase of electric buses and the installation of necessary charging infrastructure. Each school bus can receive up to USD 470,000 in grants, which includes up to USD 95,000 for charging infrastructure.

The proof-of-concept vehicle was assembled, deployed and tested at the MIRA Technology Park in Nuneaton, UK. The prototype is expected to be tested by operators and OEMs during the rest of 2024.

Grants totalling USD1.7bn will be made available to support as many as eleven closed or at-risk automotive manufacturing and assembly facilities in switching to the production of electric vehicles and components.

Eight operators will benefit from the success of a bid made by charging-as-a-service firm Zenobē, including major fleets such as Stagecoach and McGill’s Buses.

The orders came from Stagecoach Group and FirstGroup which has placed the largest single order (169 units) for Yutong electric buses in the UK to date.

This will create a network of green hydrogen production facilities for various purposes (international shipping, trucking etc). This aligns with California’s plans to cut CO2 emissions by two million tonnes annually and reach carbon neutrality by 2045.

Electra Battery Materials will use the funds to demonstrate the scalability of its hydrometallurgical black mass process, which produces recycled nickel, cobalt and lithium which can then be reused in the production of new products. This will help make the Canadian EV supply chain more sustainable, relying on fewer precious metals used in EV batteries.

Approximately 360,000 square feet of the existing plant, which measures 1.42m square feet, will be given over to the ‘Accelera’ zero emission brand.

Under the Memorandum of Understanding (MoU), Enva will contribute its national battery collection network with Altilium’s recycling expertise, recovering precious metals and other critical materials such as lithium, which will be used in the production of new batteries.

Bollinger’s B4 electric chassis cab now qualifies for an IRS 40,000 U.S. tax credit for commercial clean vehicles, under the Inflation Reduction Act of 2022*. Deliveries of the B4 chassis cab are set for Q3 2024.

The grant money depends on the powertrain or fuel type of the vehicle and the number of vehicles that the applicant wants to purchase, with the maximum amount on offer to any one company capped at EUR 500,000.