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Stellantis, CATL to Build $4.3 Billion Battery Plant for Affordable EV Models
Chrysler, Dodge, Jeep, and Citroen parent Stellantis and China-based energy solutions company CATL announced the launch of a new joint venture, with an agreement to invest up to €4.1 billion (USD$4.3 billion) aimed at building a large-scale EV battery plant in Spain. According to the companies, the new facility will produce lithium iron phosphate (LFP) batteries, which are typically less…
Cleantech Startup SpotmyEnergy Raises €10.5 Million to Improve Home Energy Efficiency
German smart meter developer SpotmyEnergy announced that it has raised €10.5 million (USD $11 million) in a seed funding round, with proceeds to be used to meet product demand and further develop its technology and solutions for household energy management. Established in 2023 by German cleantech serial entrepreneur Jochen Schwill, SpotmyEnergy develops and installs smart energy consumption meters, and provides…
EQS Group Acquires Sustainability Software Provider Daato
Compliance, investor relations and ESG software provider EQS Group announced today the acquisition of Berlin-based Daato Technologies, which provides a platform to help companies comply with ESG reporting and regulations. EQS said that the acquisition will enable its clients to more easily navigate the growing number of ESG regulations and compliance requirements. EQS Group, headquartered in Munich, provides a cloud…
Hong Kong to Require IFRS-Aligned Sustainability Reporting Starting in 2025
The Hong Kong government announced the release of its Roadmap on Sustainability Disclosure in Hong Kong, outlining the details of its plans to implement sustainability reporting requirements for companies, with a view to introducing reporting based on the IFRS Foundation’s ISSB standards for some listed companies on a comply-or explain basis next year, and with mandatory requirements for large-cap companies…