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Volkswagen to turbocharge global EV push with €120bn investment

Business Green

As such, Volkswagen said it was well positioned to drive profitable growth in key markets worldwide, as it announced plans to invest €180bn from now until 2027 "in the most attractive profit pools and regions", with more than two-thirds of that funding - €120bn - geared towards its electrification and digitisation plans. "We

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Honda announces new EV division

Business Green

The car maker has this week unveiled a new arm of its business which will be solely focused on EV production and strategy Japanese auto giant Honda has announced it is creating a new dedicated electric vehicle (EV) division to help drive efforts to deliver on its ambition to become carbon neutral by 2050.

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A Peek At The Efforts Of Two American Lithium Companies

R-Squared Energy

In a nutshell, it’s because China has invested heavily into developing its lithium supply chain, while the U.S. Further, CATL presently has eight factories under construction at a price tag of over $14 billion, underscoring the investments China is making toward securing continued market control. has lagged far behind.

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Mining Giants Embrace Renewables, But Decarbonization Remains a Steep Climb

GreenTechMedia

Rio Tinto says it will invest $98 million in a 34-megawatt PV array and 12-megawatt-hour lithium-ion battery system to help power its Koodaideri mine in Pilbara, Western Australia. The sector is also moving towards renewables because they are cheaper than fossil-fuel energy sources.

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Smart Energy Finances: Badger acquires smart water solutions & TE Connectivity’s smart grid win

Smart Energy International

TE Connectivity, US-based consumer electronics company with a focus on connectivity and sensors, and Germany-based Kries-Energietechnik, have signed a sales agreement covering North, Central and the majority of South America. Sign up to our newsletter and stay informed.

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Investors say agroforestry isn’t just climate friendly — it’s profitable

GreenBiz

"My hope is that they can help farmers diversify their production systems and sequester carbon," says Eric Smith, investment officer for the trust. "In In a 2019 report , the Croatan Institute, a research institute based in Durham, North Carolina, found some $47.5 billion worth of investment assets in the U.S.

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World Energy Storage Day: a global platform for the energy industry’s potential

Smart Energy International

APAC, starting with China, Japan, Korea, Australia, and New Zealand as the first region; India, the Russian sub-continent as the second region; Europe, the Middle East, and Africa as the third region, and then North and South America as the fourth region.

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