British manufacturer Oxis Energy has announced plans to help Brazil to an all-electric bus fleet by 2045.
A report produced by an AI and automation market research company says an anticipated boom in the European storage market – driven by a desire to reduce carbon emissions – will attract producers as demand outside China tails away.
The German battery manufacturer will make products for electric trucks and buses at the facility, which is expected to employ 200 workers and produce 400 megawatt-hours of batteries annually.
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