Siemens invests $150 million in Ontario for a battery technology research and manufacturing facility. The Global AI Manufacturing Technologies Research and Development Center will focus on utilizing AI to enhance…
Arriva Group is transforming UK transportation by introducing nine battery hybrid trains, enhancing sustainability and regional economy. These tri-mode trains use electricity, battery, and diesel, providing flexibility on electrified and…
**Breakthrough Innovations at Waterloo University** Recent developments at Canada's University of Waterloo signal a potential shift in battery technology, focusing on magnesium as a viable alternative to lithium. Historically, magnesium…
Record Low Prices in the Battery Market In a groundbreaking shift, battery prices have experienced an unprecedented decline, with lithium-ion battery pack costs dropping by 20% in just one year.…