Automakers Plan a Second Life for Old EV Batteries, but That Depends How Long the First Is

Automakers Plan a Second Life for Old EV Batteries, but That Depends How Long the First Is

Global automakers have touted plans to re-use electric vehicle (EV) batteries when they lose power, but competition for battery packs and cell materials, and the appetite for affordable cars cast doubt on this part of the circular economy. An array of startups offers second-life energy storage using old EV batteries….

Mercedes-Benz to Launch Three EVs in 2022, Aims to Capture Indian Luxury EV Segment: Report

Mercedes-Benz to Launch Three EVs in 2022, Aims to Capture Indian Luxury EV Segment: Report

Mercedes-Benz is reportedly set to launch three new electric vehicle (EV) models in the country this year, as the company aims to capture the luxury EV segment. The firm also has plans to set up a network of fast-charging stations for EVs across the country and wants to be the…