samsung battery

Posco Chemical wins $32.6 bn order from Samsung SDI

Posco Chemical said it has won a 40 trillion won ($32.60 billion) order from Samsung SDI to supply cathode materials for electric vehicle batteries between 2023...
Suzuki EV business plans

Suzuki Motor reveals Growth Strategy focusing on EV business

Suzuki Motor, as part of its Growth Strategy for FY2030, said it will invest 4.5 trillion yen ($34.8 billion) through fiscal 2030 in research, development...
Tesla factory in Nevada

Tesla to invest $3.6 bn more to grow EV factory in Nevada

Elon Musk-promoted Tesla announced it will be investing over $3.6 billion more to grow its Gigafactory in Nevada in the US. The company said that...
Ultium Cells plant

GM, LG Energy shelve plan for fourth battery plant

General Motors and LG Energy Solution have shelved plan for making investment in a fourth battery cell manufacturing plant in the United States, a news...
Battery EV market share 2023

Battery EV demand to surge 41% to 11 mn: GlobalData

Global battery electric vehicle demand is set to increase 41 percent to 11 million units in 2023, according to GlobalData. China will continue to dominate...
Shell Recharge Singapore

Shell buys EV charging firm Volta for $169 mn

Shell USA will acquire Volta, an electric vehicle (EV) charging network operator, in an all-cash deal valued at about $169 million. Shell and other companies...

Gogoro and Belrise to build EV charging stations in India

India’s Maharashtra has entered a $2.5 billion partnership with Taiwan’s Gogoro and Belrise Industries, a local automotive systems supplier to build electric vehicle (EV)...

EVgo intros maintenance program EVgo ReNew

EVgo Inc. announced EVgo ReNew, a maintenance program designed to ensure stations across EVgo’s charging network meet its quality and technology standards. Through the program,...
Statiq electric vehicle (EV) charging network in India

Statiq to install 20,000 EV charging stations in India

Statiq announced plans to install 20,000 electric vehicle (EV) charging stations across India in fiscal 2023. EV charging solution provider claims to have over 7,000...
Tesla EV charging

Tesla drives price cut on EVs, turning up heat on rivals

Tesla, the #1 EV maker, has reduced prices of its electric vehicles (EV) by as much as 20 percent globally, challenging rivals. Leading new energy...




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