Electric vehicle

Global Vehicle to Grid Market 10 Year Forecast Report 2024-2034 - Supportive Government Regulations and Financial Incentives for V2G Deployment

Retrieved on: 
Tuesday, March 19, 2024

DUBLIN, March 18, 2024 /PRNewswire/ -- The "Vehicle to Grid (V2G) Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 18, 2024 /PRNewswire/ -- The "Vehicle to Grid (V2G) Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.
  • World revenue for Vehicle-to-Grid (V2G) Market is forecast to surpass US$ 4.31 billion in 2024, with strong revenue growth through to 2034.
  • Supportive Government Regulations and Financial Incentives for V2G Deployment.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising vehicle-to-grid (V2G) prices and recent developments.

California Energy Project Prepares to Award up to $16 Million in Hydrogen Infrastructure Incentives to Applicants in Third Year of Funding

Retrieved on: 
Thursday, March 14, 2024

This lane, funded by the California Energy Commission ( CEC ) and administered by CALSTART , follows the Electric Vehicle (EV) Fast Track funding lane application window, which is now closed.

Key Points: 
  • This lane, funded by the California Energy Commission ( CEC ) and administered by CALSTART , follows the Electric Vehicle (EV) Fast Track funding lane application window, which is now closed.
  • The Hydrogen funding lane offers the highest incentive funding cap of all four EnergIIZE funding lanes, covering 50 percent of eligible equipment and software costs for standard projects, up to $3 million per project.
  • If the applicant also meets certain equity criteria, then 75 percent of eligible equipment and software costs are covered, with the maximum amount rising to $4 million per project.
  • Applicants can submit applications with supporting documents through an Incentive Processing Center at the opening of the application window.

BTC POWER Returns to EVCS Expo in Las Vegas with Cutting-Edge Gen 4 Public Dispenser

Retrieved on: 
Wednesday, March 13, 2024

BTC POWER will be showcasing its latest technological marvel, the Gen 4 public dispenser , at Booth #518.

Key Points: 
  • BTC POWER will be showcasing its latest technological marvel, the Gen 4 public dispenser , at Booth #518.
  • "As we eagerly anticipate our return to the EVCS Expo, BTC POWER is excited to show our latest advancement in EV charging technology – the Gen 4 public dispenser," said Nicholas Kim, DC Product Manager.
  • Key features of the Gen 4 Public Dispenser include:
    High Charging Speeds: The Gen 4 public dispenser is designed to deliver rapid charging speeds, ensuring a quick and convenient charging experience for EV users.
  • BTC POWER invites all attendees, stakeholders, and media representatives to visit Booth #518 at the EVCS Expo in Las Vegas to experience the Gen 4 Public Dispenser firsthand and engage with industry experts.

U.S. EV Battery Recycling Industry Faces Challenge as Input Supply Reaches Only a Quarter of Capacity by 2030

Retrieved on: 
Wednesday, March 13, 2024

NEW YORK, March 13, 2024 /PRNewswire/ -- Heavy investment from the private sector and the U.S. government has led to plans for battery recycling outpacing demand. According to new research from global technology intelligence firm ABI Research, U.S. Electric Vehicle (EV) battery recycling plants plan to have the capacity to recycle 1.3 million EV-equivalents of batteries annually, but only 341,000 will be available by 2030.

Key Points: 
  • "There are concerns about a lack of capacity for EV battery recycling, but the opposite is true.
  • Current plans for recycling plants see capacity greatly outstripping the supplies of waste batteries.
  • A superior recycling process, such as Ascend Elements ' more efficient hydro-to-cathode direct recycling process, could be a key advantage.
  • These findings are from ABI Research's Securing the EV Supply Chain: Battery Recycling in the United States application analysis report.

U.S. EV Battery Recycling Industry Faces Challenge as Input Supply Reaches Only a Quarter of Capacity by 2030

Retrieved on: 
Wednesday, March 13, 2024

NEW YORK, March 13, 2024 /PRNewswire/ -- Heavy investment from the private sector and the U.S. government has led to plans for battery recycling outpacing demand. According to new research from global technology intelligence firm ABI Research, U.S. Electric Vehicle (EV) battery recycling plants plan to have the capacity to recycle 1.3 million EV-equivalents of batteries annually, but only 341,000 will be available by 2030.

Key Points: 
  • "There are concerns about a lack of capacity for EV battery recycling, but the opposite is true.
  • Current plans for recycling plants see capacity greatly outstripping the supplies of waste batteries.
  • A superior recycling process, such as Ascend Elements ' more efficient hydro-to-cathode direct recycling process, could be a key advantage.
  • These findings are from ABI Research's Securing the EV Supply Chain: Battery Recycling in the United States application analysis report.

EQS-News: FY 2023 preliminary financial results in line with guidance: EBITDA of EUR 54.1m - PATRIZIA proposes sixth consecutive increase in dividends and signals cautious optimism for FY 2024

Retrieved on: 
Wednesday, March 13, 2024

FY 2023 preliminary financial results in line with guidance: EBITDA of EUR 54.1m - PATRIZIA proposes sixth consecutive increase in dividends and signals cautious optimism for FY 2024

Key Points: 
  • FY 2023 preliminary financial results in line with guidance: EBITDA of EUR 54.1m - PATRIZIA proposes sixth consecutive increase in dividends and signals cautious optimism for FY 2024
    The issuer is solely responsible for the content of this announcement.
  • PATRIZIA remained an active net buyer in the market with investments signed for clients more than offsetting disposals and redemptions.
  • The investment activity for domestic and international clients supported the successful geographical and product diversification of PATRIZIA during FY 2023.
  • Additionally, a market driven impairment on consolidated seed investing/ warehousing inventory real estate of EUR 16.9m burdened FY 2023 results.

Genetec Sets the Stage for Higher Growth Following a Strong Q3FY2024 Performance

Retrieved on: 
Tuesday, February 27, 2024

The Company recorded a higher revenue vis-a-vis the preceding quarter, with all major financial indicators showing significant double-digit growth.

Key Points: 
  • The Company recorded a higher revenue vis-a-vis the preceding quarter, with all major financial indicators showing significant double-digit growth.
  • Genetec Co-founder and Managing Director Chin Kem Weng highlighted, "Our efforts in 2023 are paying off as Genetec continues our momentum into New Year 2024.
  • As such, our performance for this quarter remains strong and consistent with our outlook at the beginning of our financial year 2024 (FY2024).
  • Genetec added that it will continue to capitalise on such factors while also actively exploring other growth opportunities.

The Coretec Group and Core Optics LLC Announce They Have Entered into a Definitive Share Exchange Agreement

Retrieved on: 
Wednesday, March 6, 2024

ANN ARBOR, Mich., March 06, 2024 (GLOBE NEWSWIRE) -- The Coretec Group, Inc. (OTCQB: CRTG) (the “Company”), developer of silicon anode active materials for lithium-ion batteries, and cyclohexasilane (CHS) for EV, cleantech, and 3D display technology, and Core Optics, LLC (“Core Optics”) announced today that they have entered into a definitive share exchange agreement pursuant to which, on the closing date, the Company is expected to acquire 100% of the membership interests of Core Optics, LLC and its subsidiaries which hold all its tangible assets and intellectual property across all its technologies and industry verticals. Subsequent to the closing of the transaction, the combined company will continue to operate under the name The Coretec Group, Inc. and trade under the ticker symbol CRTG, before pursuing uplisting to a senior exchange when it believes the combined company can satisfy initial listing requirements. The Closing of the transaction is subject to customary closing conditions.

Key Points: 
  • Core Optics specializes in the design and fabrication of cutting-edge inspection and assembly machinery for the CCM industry.
  • Core Optics has amassed a wealth of expertise and data pertaining to its testing algorithms, including the rights to over 30+ patents.
  • Core Optics recently expanded its service scope to encompass the burgeoning Electric Vehicle (EV) market.
  • It represents a significant value proposition for Core Optics’ automotive business, facilitated by the Company’s existing sales channel and customer relationships.

Surging Lithium Market Growth Expected Through 2030 Due to Increasing Adoption of Cleaner Energy Sources

Retrieved on: 
Monday, March 4, 2024

Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.

Key Points: 
  • Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.
  • The growing adoption of hybrid and electric vehicles, high-drain portable electronics, and energy storage systems have boosted the growth of the overall market.
  • The Paris Agreement aims to reduce greenhouse gas (GHG) emissions by at least 40% under its 2030 climate and energy framework.
  • Governments in several countries worldwide are implementing strict emission standards to reduce and control carbon emissions, thus augmenting market growth.

Verizon Connect expands Reveal EV Platform to Europe

Retrieved on: 
Monday, March 4, 2024

NEW YORK, March 04, 2024 (GLOBE NEWSWIRE) -- Today, Verizon Connect announced the European expansion of its Reveal EV capabilities in addition to the new Electric Vehicle Suitability Tool.

Key Points: 
  • NEW YORK, March 04, 2024 (GLOBE NEWSWIRE) -- Today, Verizon Connect announced the European expansion of its Reveal EV capabilities in addition to the new Electric Vehicle Suitability Tool.
  • "When our customers speak, we listen, and the introduction of our EV Suitability Tool, as well as our Reveal EV expansion into Europe, is another example of us responding to their needs."
  • Following the success of its U.S. launch, Verizon Connect is expanding its Reveal EV capabilities to European customers including Germany, France, Ireland, Italy, Netherlands, Poland, Portugal, and the United Kingdom.
  • This one way integration pulls data from Verizon Connect Reveal into NextEra Mobility’s software so they can build an electrification plan for customers.