Samsung SDI has signed a multi-year battery supply agreement with Mercedes-Benz worth more than 10 trillion won, or about $6.8 billion. The deal marks the South Korean battery maker’s first direct supply contract with the German luxury automaker. It comes at a time of fast growth in the electric vehicle (EV) battery market. Industry forecasts […]
Uber Technologies has taken a deeper financial and strategic position in Lucid Group, signaling strong confidence in the future of autonomous mobility. However, despite a billion-dollar capital boost and a major robotaxi expansion plan, market sentiment around Lucid remains cautious. The latest developments highlight a widening gap between long-term vision and near-term execution risks. Uber […]
USA Rare Earth is making a big move in the critical minerals space. The company plans to acquire Brazil’s Serra Verde for $2.8 billion. This deal includes $300 million in cash and 126.9 million new shares. This values Serra Verde at about $2.8 billion based on USA Rare Earth’s share price from April 17. The […]
As FIFA prepares for its upcoming World Cup tournaments from June 11 to July 19, 2026, its climate strategy is facing closer attention, too. The organization has set a goal to reach net zero emissions by 2040. It also aims to cut emissions by 50% by 2030. These targets are part of FIFA’s long-term sustainability […]
Europe’s climate transition is entering a new phase. In the space of a few weeks, three major developments have emerged across the continent: the launch of the first commercial robotaxi service, a historic surge in electric vehicle (EV) sales, and another drop in carbon emissions under the EU’s flagship trading system. Each story is different, […]
American EV maker Rivian and battery recycling leader Redwood Materials are showing how retired EV batteries can do more than power cars. Their new partnership at Rivian’s Illinois manufacturing plant uses second-life batteries as stationary energy storage, creating a model that could support factories, strengthen the grid, and lower electricity costs. The project starts with […]
Disseminated on behalf of Alaska Energy Metals Corporation. The electric vehicle (EV) revolution is unfolding at full speed. EV sales, battery factories, and electrification plans are all increasing rapidly across the world. But behind this clean‑energy success story lies a growing risk that few people fully grasp: the supply of high‑purity nickel — known as […]
Apple’s latest Environmental Progress Report shows a clear shift in how the company is approaching sustainability. It shows that 30 percent of materials across all products shipped in 2025 came from recycled content, up from the previous year. This represents a steady year-on-year increase of around 6% points, showing consistent progress rather than one-time gains. […]
Amazon has expanded its renewable energy portfolio in Australia to 990 MW across 20 projects. This marks a major jump from about 430 megawatts (MW) previously, driven by new agreements with multiple solar, wind, and battery projects. These include large-scale developments such as the Golden Plains wind farm and hybrid solar-battery installations built on former […]