UK Export Finance (UKEF) backing worth £600 million will help Ford to expand its electric vehicle production line and deliver on its 2035 net zero plan. Government-backed loan will facilitate Ford investments into Essex and Merseyside, supporting thousands of local jobs. The loan will help Ford to increase its electric vehicle range from currently two […]
Ford to boost EV parts investment for UK plant by $180 mln – EQ Mag
HALEWOOD, England : Ford Motor Co F.N will invest an extra 149 million pounds ($180 million) to boost output of electric vehicle (EV) power units by 70% at its engine factory in northern England as the U.S. carmaker accelerates its push to go electric. Electric drive unit production capacity at the Halewood plant will increase […]
Energy storage backed with over £32 million government funding – EQ Mag
Five energy storage projects across the UK will benefit from a share of over £32 million government funding. £32.9 million government funding awarded to projects across the UK to develop new energy storage technologies, such as thermal batteries and liquid flow batteries energy storage will be crucial as the UK scales up secure, clean and […]
EV Charging Infrastructure Potentially Unprepared for Cyberattacks – EQ Mag
Electric vehicle charging stations are vulnerable to a number of different cyberattack scenarios, according to Sandia National Laboratories. In a press release dated Nov. 15, a Sandia Labs research report described how a review of vulnerabilities helps prioritize grid protections and inform public policymakers. “With electric vehicles becoming more common, the risks and hazards of […]
The UK to Build First Commercial Lithium Refinery with an Annual Capacity of 50,000 Tons in 2025 – EQ Mag
Various businesses, in the midst of the increasing demand for lithium-ion batteries, are hoping to grasp on the “platinum” supply chain in the new era. Green Lithium will be constructing the first large lithium refinery in England that aims to attain an annual capacity of 50K tons. According to Green Lithium’s statement at the London […]
The UK Could Add Enough Renewable Energy to Power a Million Homes by Channeling Water – EQ Mag
Britain’s economy has been affected by Russia’s curtailment of gas exports The UK could add enough renewable energy to power a million homes by channelling water from the Scottish Highlands, yet two large-scale projects aiming to do that will be tangled in government red tape until at least 2024. Drax Group Plc and SSE Plc […]
What are the Future Prospects of the Green Hydrogen Market? – EQ Mag
Hydrogen’s vast reserves make it an attractive option amid increased demand for renewables to meet its stated decarbonization targets. As technology improves and production costs decrease, green hydrogen could become increasingly important in shaping a greener future. The Current Hydrogen Situation The vast majority of hydrogen generated globally is grey, i.e., manufactured from natural gas. […]
UK electric vehicle production up by a fifth in October – EQ Mag
But trade body SMMT warns supply chain turbulence and economic headwinds still pose major challenges for the UK car sector and its transition to EVs. UK production of electric vehicles (EVs) continues to rise, with volumes up more than a fifth as domestic car production returned to growth in October, according to the latest industry […]
Large scale battery storage becoming a reality in Great Britain as Renewable Power Capital and Eelpower agree 1GW storage venture – EQ Mag
“Battery storage will play a key role in decarbonising the grid and balancing intermittent renewable generation” says RPC CEO Bob Psaradellis The joint venture will target 1GW of utility-scale storage capacity, with a near-term pipeline of 240MW Renewable Power Capital (RPC) has announced its entry into the battery storage market in Great Britain, working with […]
Agile Streets: Smart public EV charging could save drivers £600 annually – EQ Mag
A new trial of on-street charging for electric vehicles across UK cities has found that drivers could save more than £600 annually in charging costs by switching to smart charging initiatives that schedule charge times for when grid demand is low and clean energy generation is increased. The results have been issued of a Government-backed […]