Electric Vehicle
SunPower selected by GM to provide backup energy to EVs
SunPower Corp. and General Motors (GM) announced a collaboration to develop a new home energy system that will enable GM electric vehicles to provide backup...
Electric Vehicle
VinFast recalls a third of its sold EVs to replace sensors
VinFast said it would recall 730 of its model VF e34 electric cars (EVs), which are available only in Vietnam, to make checks and...
Electric Vehicle
Honda, LG select Ohio for $4.4 bn battery plant
Honda Motor and LG Energy Solution said they selected Ohio to build their battery plant with an investment of $4.4 billion.
The two companies announced the plan...
Electric Vehicle
EV battery maker CATL expects Q3 profit to nearly triple
CATL, a Chinese electric vehicle (EV) battery giant, forecast its net profit in the July-September quarter to nearly triple from a year-ago period.
CATL is...
Electric Vehicle
Amazon.com to invest $947 mn in European electric van
Amazon.com will invest more than 1 billion euros ($974.8 million) over the next five years in electric vans, trucks and low-emission package hubs across...
Electric Vehicle
EV battery outlook boost as auto makers go electric: Strategy Analytics
Several OEMs have announced partnerships to secure production capacity for battery cells and thus secure battery supplies to support their expansion plans in electrification.
With...
Electric Vehicle
ONE makes $1.6 bn investment in battery cell plant in Michigan
Our Next Energy (ONE), an energy storage technology company, announced an investment of $1.6 billion in a new battery cell manufacturing plant in Van Buren Township, Michigan.
The...
Electric Vehicle
Battery swapping technology business in China
China is an early leader in the adoption of battery swapping technology and the Battery-as-a-Service (BaaS) business model, thanks to policy support and the...