Palki Motors – Pioneering Electric Mobility in Bangladesh
Palki Motors, a groundbreaking start-up from Bangladesh, is the country’s first manufacturer of affordable electric vehicles.
E-Mobility
Cabot to Add Capacity for EV Battery Components
To support the transition to electric vehicles, US-based Cabot Corporation plans to add capacity for conductive carbon additives (CCA) at its plant in Pampa, Texas. The company said the $75-90 million investment, which will add 15,000 t/y, is part of a five-year $200 million drive to expand its domestic output of the lithium-ion battery components.
Umicore and Volkswagen in EV Battery Materials JV
Belgian chemicals and recycling company Umicore is teaming up with German carmaker Volkswagen in a joint venture to produce cathode materials for VW’s battery cell production. The companies said the new firm would be the first of its kind in the European automotive market and would support the ambitious objectives of the EU’s Green Deal.
