Electric Vehicle

BP slashes 100 jobs in EV charging business, exits from several markets

BP has slashed 10 percent the workforce or 100 jobs in its electric vehicle charging business -- BP Pulse. BP has also exited from several...

Tesla plans to cut 14,000 jobs as EV market breaks down

Tesla, the leader in electric vehicles (EVs) market, is in the process of cutting more than 10 percent of its global workforce or 14,000 jobs,...

China’s EV Battery Market Rebounds with Stability: TrendForce Analysis

China’s electric vehicle (EV) battery market has experienced a resurgence of stability in prices since February, according to the latest analysis by TrendForce. March witnessed...

Tata and Shell India Collaborate to Expand EV Charging Infrastructure

Tata Passenger Electric Mobility (TPEM) announced its agreement with Shell India Markets to jointly establish EV charging stations nationwide. The collaboration aims to capitalize on...

Mercedes-Benz Posts 8% Drop in Electric Vehicle Sales in First-Quarter

Mercedes-Benz has unveiled its performance figures for the first quarter of 2024, revealing a mixed bag of results with notable developments in its electric...

Volkswagen Reports 3.3% Drop in EV Delivery in First-Quarter

Volkswagen has disclosed its first-quarter performance for 2024, revealing a 3.3 percent decline in the delivery of all-electric vehicles (BEVs), totaling 136,400 units. While Volkswagen...

Ascend Elements and Elemental Strategic Metals Form JV to Recycle EV Batteries

US-based Ascend Elements and Poland’s Elemental Strategic Metals have formed a joint venture to address the mounting concern of electric vehicle (EV) battery waste....

BMW Surpasses One Million Electric Vehicles Milestone

BMW, the German automaker, has announced a marginal increase in first-quarter sales, fueled in part by heightened demand for electric vehicles (EVs). The milestone...