Electric Vehicle

NHAI in pact with EESL for planning EV charging stations at highways

Energy Efficiency Services (EESL), a joint venture under Ministry of Power, has signed a Memorandum of Understanding (MoU) with National Highway Authority of India...

EESL to install 500 more EV charging stations in India

Power PSUs’ joint venture EESL plans to install at least 500 more electric vehicle (EV) charging stations in India during fiscal 2020-21, IANS reported. EESL...

Sichuan Yahua signs lithium deal worth $880 mn deal with Tesla

China’s Sichuan Yahua Industrial Group has signed a deal to supply battery-grade lithium hydroxide to U.S. electric vehicle (EV) manufacturer Tesla for the next...

LG signs $9.8 bn EV battery investment deal in Indonesia

Indonesia and a unit of South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle (EV)...

BMW aims for 20% of its vehicles to be electric by 2023

German luxury carmaker BMW is planning to step up its production of electric vehicles, Chief Executive Oliver Zipse told German daily Augsburger Allgemeine. “We are...

LG to set up $1 bn JV with automotive supplier Magna

South Korea-based LG Electronics has agreed to set up a $1 billion joint venture (JV) with automotive supplier Magna International. The JV, tentatively called LG...

CATL to invest $5 bn for lithium battery plant in Indonesia

China’s Contemporary Amperex Technology (CATL) plans to invest $5 billion in a lithium battery plant in Indonesia, Indonesia’s deputy minister at the coordinating ministry...

Ola to invest $326 mn for electric scooter factory in India

Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group, said on Monday it planned to invest 24 billion rupees ($326 million) to set up...