Electric Vehicle

Xiaomi to invest $10 bn in smart EV business

Chinese smartphone maker Xiaomi has entered the automotive industry with a new smart electric vehicle (EV) business, the company announced on Tuesday in a...

Skoda plans significant electric vehicle investment

Czech carmaker Skoda Auto, part of the Volkswagen Group, said on Wednesday it would invest around 2.5 billion euros over the next five years...

Renault aims sale of electric and hybrid cars to more than double

Automaker Renault expects its sales of electric and hybrid cars to more than double to 350,000 in 2021, Reuters reported. Amid tougher emissions regulations, car...

BMW expects at least half of sales to be electric cars by 2030

BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in...

Volkswagen plans to build half a dozen EV battery cell plants in Europe

Automobile major Volkswagen plans to build half a dozen battery cell plants in Europe and expand infrastructure for charging electric vehicles globally, accelerating efforts...

LG Energy to invest $4.5 billion in U.S. battery production

South Korea’s LG Energy Solution plans to invest more than $4.5 billion in its U.S. battery production business over the next four years, including...

GM signs deal with lithium metal battery startup

General Motors (GM) announced a deal with a lithium metal battery startup SolidEnergy Solutions (SES) to boost the U.S. automaker’s battery development, allowing for...

Shell trials on-site battery-powered system to support EV charging

Shell and Alfen have launched a pilot to trial an on-site battery-powered system to support electric vehicle (EV) charging at Shell’s Zaltbommel forecourt in...