Electric Vehicle

EV business opportunities in India: Crisil Research

India’s electric vehicles (EVs) business presents an opportunity of almost Rs 3 lakh crore for various stakeholders during the next five years through fiscal...

Honda plans $64 bn investment to boost EV business

Honda Motor is planning to spend $64 billion on research and development (R&D) over the next decade to boost its electric vehicle (EV) business. Japan-based...

Polestar inks deal with Hertz to supply 65,000 electric vehicles

Rental car firm Hertz Global Holdings would buy up to 65,000 electric vehicles over five years from Swedish EV maker Polestar. Hertz said Polestar electric cars...

VinFast to invest $2 bn to build EV factory in North Carolina

VinFast has signed a deal to initially invest $2 billion to build a factory in North Carolina to make electric buses, sport utility vehicles...

BP to invest £1 bn in electric vehicle charging in UK

BP announced new plans to invest £1 billion in electric vehicle charging in the UK for the roll-out of fast, convenient charging across the...

Shell, BP, TotalEnergies, Repsol deploy fast-charge points across gas stations

Major European oil and gas companies such as Shell, BP, TotalEnergies, and Repsol are deploying fast-charge points across gas stations to retain motorists switching...

LG Energy to build $1.4 bn EV battery plant in Arizona

LG Energy Solution, a supplier for electric car makers Tesla and Lucid, said it plans to invest 1.7 trillion Korean won ($1.4 billion) to...

Global lithium-ion battery capacity may rise five-fold

Global lithium-ion battery capacity may increase over five-fold to 5,500 gigawatt-hour (GWh) by 2030 from 2021, consultancy Wood Mackenzie said on Tuesday. The report said...