Foxconn

Global production of internal combustion engine (ICE) vehicles is on track to far exceed sustainable levels from a climate perspective, according to a new German-Australian study. Foxconn, meanwhile, has started building an EV factory in Thailand.

The New York City authorities have determined that a lithium battery in an unspecified micromobility device triggered a recent high-rise fire that injured dozens in Manhattan. Saudi Arabia has launched its first EV brand, while Indian researchers have developed a new anode material that can help to recharge lithium-ion EV batteries in minutes.

Foxconn is looking to leverage its manufacturing expertise and become a major EV maker, Rolls-Royce has unveiled its first fully electric motor car, and BMW has pledged to invest $1.7 billion to build EVs in the U.S..

A failed association with IL&FS has failed to deter SoftBank from its plan to invest a staggering $1tn in Indian solar by 2030. Now the Japanese funding giant is working with Essel Infraprojects on a 500 MW plant, with further details yet to be revealed.

Sharp Solar Solution Asia (SSSA), a unit of the Japanese group, will install solar panels on top of stores owned by Bangkok-based hypermarket retailer Big C. The two companies are now discussing the possibility of expanding the agreement to include an additional 11 MW of PV capacity.