Electric Vehicle

Buyers delay EV purchases as Q2 US vehicle sales reveal trends

U.S. electric vehicle (EV) sales of General Motors, Rivian, and Toyota reported robust EV deliveries in the second quarter, while Tesla recorded a decline. Despite...

Renault’s Ampere partners with LG Energy and CATL in LFP Technology push

Renault’s electric vehicle unit, Ampere, announced its plan to incorporate lithium iron phosphate (LFP) technology into its mass production of EVs. Renault’s Ampere unit will...

BYD achieves 21% rise in Q2 EV sales, narrowing gap with Tesla

China’s BYD has reported a 21 percent increase in electric vehicle (EV) sales for the second quarter, closing in on Tesla after relinquishing the...

Volkswagen to invest $5 bn in Rivian for joint EV venture

German automaker Volkswagen Group has announced plans to invest up to $5 billion in U.S. electric vehicle (EV) maker Rivian. This significant investment is...

EV startups adapt strategies amid weak demand

Several electric vehicle (EV) startups navigate challenging market conditions in the wake of less business from customers, Reuters news report said. Fisker Fisker’s recent bankruptcy filing...

LG Electronics Announces Partnership with ChargePoint for U.S. EV Charging Market

LG Electronics (LG) has entered into an agreement with ChargePoint, a leading provider of networked electric vehicle (EV) charging solutions, to expand its presence...

Oil trade group API sues Biden administration over emission rules that support EV business

The American Petroleum Institute (API), representing major oil companies including Exxon Mobil and Chevron, has filed a federal lawsuit against the Joe Biden administration’s...

India’s Electric Vehicle Sales Surge by Over 40% in FY 2023-24

India witnessed a significant surge in electric vehicle (EV) sales, reaching a remarkable 1,752,406 units in the fiscal year 2023-24, marking a 40.31 percent...