👋 Watts up? Fellten has recently developed a portable electric vehicle charging solution, utilising recycled batteries and repurposed shipping containers, designed for locations where permanent infrastructure is not possible. Also, Mazda has announced a $150 million investment into electric vehicle production in Thailand. Learn more on these stories, and others, in todays issue.

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Mazda plans to invest $150 million into Thailand EV production

🚗 Mazda Motor Corp plans to invest 5 billion baht ($150 million) in Thailand to produce electric vehicles, according to Thailand’s Board of Investment. The investment is aimed at supporting both domestic sales and exports, including shipments to Japan and other Southeast Asian countries. Mazda’s president, Moro Masahiro, stated that the company is targeting an annual production of 100,000 units.

The investment comes at a challenging time for Thailand’s automotive industry, which has been experiencing a gradual downturn. In 2024, vehicle production reached a four-year low, with domestic vehicle sales declining by 26.2%.

Despite these challenges, Thailand remains as Southeast Asia’s largest automotive production hub and a key export base for major global manufacturers, including Honda and Toyota. The Federation of Thai Industries’ automotive group predicts that vehicle production will reach 1.5 million units in 2025. Of this, 1 million vehicles are expected to be exported.

Government incentives, including tax breaks and consumer subsidies, have attracted significant investment in the country’s electric vehicle sector. In recent years, Chinese automakers such as BYD and Great Wall Motor have committed over $3 billion to establish production facilities in Thailand. These investments highlight a growing shift towards electric mobility in the region.

Also, Isuzu are investing $280 million to establish a new production facility in South Carolina, the facility aims to drive the electrification of commercial vehicles.

Fellten reveals a portable electric vehicle charger - the Charge Qube

🔋 Fellten, a UK-based company known for electrifying classic cars like the Porsche 911, has developed a portable charging solution using recycled EV batteries and repurposed shipping containers. Adequately named the Charge Qube, it’s designed for locations where permanent infrastructure is impractical, able to charge multiple vehicles without a grid connection.

The Charge Qube is available in two sizes:

• 10 foot - 450 kWh capacity

• 20 foot - 900 kWh capacity

The larger 20 foot containers also support overnight AC charging for up to 12 vehicles at 7 kW per port, with a 22 kW daytime top-up option. Additionally, it can be fitted with two 240 kW CCS chargers for fast charging, compatible with both 400V and 800V systems.

The system is designed to be adaptable, allowing battery packs from different EVs to be integrated. These second-life automotive-grade batteries operate under significantly less stress than in vehicles, potentially extending their lifespan. Fellten’s CEO, Chris Hazell, noted: “Second-life EV battery packs – retaining over 85 per cent of their original capacity – mean lower costs, reduced carbon footprint, and a closed-loop battery recycling system.“

Also, HSBC Asset Management has invested in SP Mobility, aiming to expand Singapore’s largest EV charging network.

The UK and India to create an offshore wind taskforce

☀️ The UK and India have announced plans to establish an offshore work taskforce to accelerate the progress of India’s offshore wind industry. The initiative will focus on strengthening supply chains and developing financing models to support the industry’s growth.

The announcement was made during the fourth UK-India Energy Dialogue, where the UK’s energy secretary, Ed Miliband, met with India’s minister of power, Manohar Lal Khattar. Both nations agreed on a shared ambition for offshore wind, committing funding to power sector reforms in India through UK PACT. This initiative aims to support India’s renewable energy expansion by modernising its electricity grid.

Additionally, the two countries extended their collaboration under the Accelerating Smart Power and Renewable Energy in India programme, also known as ASPIRE. This programme focuses on delivering a round-the-clock power supply, advancing industrial decarbonisation, and expanding renewable energy deployment.

The UK and India’s strengthened energy cooperation comes as global attention shifts towards COP30, set to take place in Brazil later this year.

Also, Zelestra and Shell Energy have announced the operation of a new €35 million solar farm in Murcia, capable of generating 54 MW of power.

Trentar and KPIT to commercialise sodium-ion battery technology

🚀 KPIT has partnered with Trentar Energy Solutions to advance sodium-ion battery technology. Under the agreement, KPIT will transfer its sodium-ion battery innovations to Trentar, which will focus on commercialising and scaling up the technology.

Sodium-ion batteries offer several advantages, including an extended lifespan with 80% capacity retention over 3,000 to 6,000 cycles, likewise, they offer faster charging compared to lithium-based alternatives. A key benefit of this technology is its reliance on earth-abundant raw materials, making electric mobility more affordable, particularly in India. The batteries have diverse applications, including electric two, three, and four-wheelers, public transport, and stationary energy storage.

Through this collaboration, KPIT and Trentar will join a select group of global organisations pioneering sodium-ion battery development. Trentar will invest in a 3 GWh manufacturing facility, while KPIT will receive an upfront technology transfer fee and ongoing royalties for the next eight years.

Ravi Pandit, KPIT’s chairman, stated: “Sodium-ion battery technology was born from the team’s passion, perseverance, and synergetic collaboration with leading research institutes. We are pleased to have this agreement with Trentar, who will further operationalise and commercialise this technology for multiple market opportunities.“

Also, JLR are investing $180 million into its North American technology hub, aiming to develop the next generation of connectivity and autonomous driving systems.

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*As of 11:00am EST, on the same business day. Includes top movers from a curated list of companies we cover.