On January 14, Circunomics GmbH announced that it has closed its Series A financing round in December 2024, raising over EUR 8 million from significant investors. Founded in 2019, the company promotes the circular economy for lithium-ion batteries.
Circunomics focuses on the B2B trade of used or surplus battery packs

On January 7, ADAC (Allgemeiner Deutscher Automobil-Club), Germany announced that it has conducted ADAC Ecotest 2024, where it has evaluated 84 cars for direct and indirect emissions, including carbon dioxide from electricity generation. Fully electric vehicles dominated the top eight spots, all earning 5 stars.
Peug

On January 8, Ace Green Recycling, Inc. finalized a lease agreement for a site to build India's largest battery recycling facility in Mundra, Gujarat. The facility will build on Ace's existing Indian commercial operations, which have been recycling lithium-ion batteries since 2023.
Ace will establish 10,000 metric to

On January 13, Solvay and Hankook announced the signing of a memorandum of understanding (MoU) to collaborate on the development of circular silica coming from bio-sourced and waste sourcing for tire production. 
The companies will now jointly advance the technical development of circular silica, with the goal of mas

Norsk Hydro ASA (Hydro) has inked an agreement with Northvolt to acquire the remaining shares in the battery recycler Hydrovolt for NOK 78 million.
With this transition, Hydro’s ownership in Hydrovolt will increase from 72% to 100%. The closing of the transaction is expected by Q1/2025 pending certain conditions, inc

On January 7, Maxion Wheels announced that it had been certified against the Aluminium Stewardship Initiative (ASI) Performance Standard V3 (2022) for the manufacture and distribution of light vehicle aluminum wheels at the company’s Maxion Wheels Czech s.r.o. – Czech Aluminum facility in Ostrava, Czech Republic. 
AS

On January 1, Gravita India Limited announced that Recyclers Ghana Limited, its step-down subsidiary situated in Ghana, has started commercial production of recycled aluminum alloys from its new recycling plant. It has an annual capacity of around 4,000 MTPA in phase-I. 
Gravita India has plans to increase the capaci

On January 2, Hyundai Motor Company and Kia Corporation announced the launch of the Integrated Greenhouse Gas Information System (IGIS), an advanced platform for tracking and managing carbon emissions across a vehicle's entire lifecycle.
Utilizing the Life Cycle Assessment (LCA) methodology, IGIS provides precise mon

Announced on December 23, 2024, Gentari Green Mobility Sdn Bhd and CIMB Group Holdings Berhad (CIMB) have entered into an MOU, with the aim to drive green mobility and value chain decarbonization across ASEAN. 
Both parties will offer a range of value-added services to encourage the adoption of EVs in Malaysia. In ad

On December 24, the Transport Secretary of UK launched a consultation to ask views from the industry on how to deliver on the manifesto commitment to restore the 2030 phase-out date for new purely gasoline and diesel cars and make the transition to zero emissions vehicles a success.
The consultation will restore clar

On December 22, the European Automobile Manufacturers’ Association (ACEA) announced that it is urging EU leaders to provide clarity on jobs and investments by the end of 2024 to support the green transition and protect Europe’s competitiveness. The industry supports the 2050 climate neutrality goal but faces penaltie

On December 16, the U.S. Supreme Court declined to take up an appeal over the U.S. Environmental Protection Agency’s decision to allow California to set its own emissions standards.
Previously, the Supreme Court agreed to hear arguments pertaining to whether or not fuel companies can sue over these regulations, but t