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Unveiling the Middle East’s potential in the electric vehicle revolution: Overcoming challenges, seizing opportunities

Despite skepticism and regional challenges, Lars Carlstrom, founder of the serial gigafactory, sees untapped potential and strategic advantages in the UAE and Middle East....

Contemporary Amperex Technology reports strong Q1 profits on lower raw material costs, eyes break-even for German factory

Contemporary Amperex Technology (CATL) has disclosed a 7 percent increase in net profit for the first quarter compared to the previous year, credited to...

Statevolt announces $3.2 billion investment in state-of-the-art battery gigafactory in Ras Al Khaimah, UAE

Statevolt, a leader in energy storage solutions, has unveiled plans to establish a cutting-edge battery cell Gigafactory in Ras Al Khaimah, UAE, known as...

EVE Energy explores £1 billion investment for gigafactory in Coventry, UK

Chinese electric vehicle battery manufacturer EVE Energy is in talks to invest more than £1 billion in constructing a vast new gigafactory on the...

EVE Energy mulls over £1bn investment for Coventry Gigafactory

A leading Chinese electric vehicle battery manufacturer is currently in discussions to invest over £1 billion in the construction of a massive new factory...

European strategy to address the challenges posed by China’s dominance in cleantech industries

“The tsunami of Chinese electric vehicles is coming and Europe is sleepwalking towards the abyss.” Not devoid of drama, this is the prelude in...
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