Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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....
Electric Vehicle
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...
Electric Vehicle
Exide Inks EV Battery Production Deal with Hyundai Motor and Kia
Hyundai Motor and Kia have inked a deal with India’s Exide Energy Solutions aimed at expanding their presence in the global electric vehicle (EV)...
Electric Vehicle
Hyundai Motor Unveils $50 bn Investment Plan to Drive Electric Vehicle Dominance
Hyundai Motor Group announced its intention to invest 68 trillion won (approximately $50.6 billion) in a bold strategic move aimed at fortifying its position...
Electric Vehicle
LG Energy Reveals Progress on $5.5 bn Battery Manufacturing Complex in Arizona
LG Energy Solution’s project to construct a major battery manufacturing complex in Arizona remains on course, with expectations of completion within two years.
The company’s...
Electric Vehicle
Tesla Quarterly Deliveries Decline as it Faces Mounting Pressure in China
Tesla has reported a notable decline in quarterly deliveries, marking its first drop in nearly four years, Reuters news report said.
After experiencing robust sales...