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.

The funding package, dubbed ‘Hy2Move’, is the fourth “Important Project of Common European Interest” (IPCEI) related to hydrogen which the European Commission has approved over the past two years.

The JSW Group of Mumbai has signed a Memorandum of Understanding (MoU) with the government of Odisha, to building an integrated Electric Vehicle (EV) and EV battery manufacturing facility in Cuttack, Odisha State.

A USD1.98m grant awarded by the U.S. Department of Transportation will fund a six-month project, called ‘SMART Rider’, to pilot three buses with collision mitigation systems.

The EUR3m investment into Zepp has come from an “energy transition” fund provided by the City of Rotterdam and an unnamed private investor who is “deeply embedded in the Rotterdam tech scene”.

The Rizon brand will be offered in four model variants, namely the e16L, e16M, e18L, and the e18M ranging from 7.25T to 8.55T GVW. Importantly, Rizon battery-electric vehicles qualify for Canadian government subsidies through the Medium- and Heavy-duty-Zero-Emission Vehicles” (iMHZEV) program.

The buses, which are the first of a 15-strong order which will be fulfilled before the end of the year, are Mercedes-Benz ‘Intouro’ intercity buses which Safra has retrofitted with electric drivetrain components, fuel cells, and hydrogen storage tanks.

Ballard has announced an additional USD 54 million in U.S. federal funding (investment tax credits) for its planned fuel cell production facility in Rockwall Texas. This brings the total in federal funding to USD 94 million, through various U.S. departments including the U.S. Department of Energy’s (DOE) Hydrogen and Fuel Cell Technologies Office and now the Internal Revenue Service (IRS) as part of the Qualifying Advanced Energy Project Tax Credit (48C*), funded by the Inflation Reduction Act (IRA).