Electric Vehicle
Global EV Battery Sales Surge 54% in first half, surpassing 300 GWh
Global Electric Vehicle (EV) battery sales surged by an impressive 54 percent in the first half of this year, surpassing 300 gigawatt-hours (GWh), according...
Electric Vehicle
China’s EV Battery Market Faces Turbulence Amidst Weak Demand
In a recent report, TrendForce highlights the challenges facing China’s electric vehicle (EV) battery market as it grapples with a notable lack of demand.
EV...
Electric Vehicle
Toyota to Invest $8 bn and Create 3,000 Jobs at North Carolina EV Battery Plant
Toyota Motor has announced a significant expansion of its electric-vehicle (EV) battery manufacturing facility in North Carolina, with an additional $8 billion in investment...
Electric Vehicle
Ford Slows $12 bn Investment in Electric Cars as Consumers Resist Premium Pricing
In a surprising move, American automaker Ford has decided to put the brakes on its ambitious $12 billion investment plan for electric vehicles (EVs),...
Electric Vehicle
American Battery Factory Breaks Ground on Lithium Iron Phosphate Battery Gigafactory in Arizona
American Battery Factory (ABF), a pioneering battery manufacturer leading the charge in developing the first network of lithium iron phosphate (LFP) battery cell gigafactories...
Electric Vehicle
Ola Electric Secures INR 3,200 Crore in Funding for EV Expansion and Lithium-ion Cell Manufacturing Facility
Ola Electric, a pioneering name in the Indian electric vehicle (EV) sector, has successfully concluded a significant funding round, amassing a staggering INR 3,200...
Electric Vehicle
BP Pulse to Acquire Tesla Chargers in a $100 mn Deal to Boost US EV Charging Network
BP’s electric vehicle (EV) charging subsidiary, bp pulse, has unveiled a game-changing agreement with Tesla, where they will acquire ultra-fast charging hardware units from...
Electric Vehicle
Honda and General Motors Abandon $5 bn Project for Affordable Electric Vehicle
Honda Motor and General Motors (GM) have announced their decision to terminate a collaborative effort to develop affordable electric vehicles (EVs). This announcement comes...