Electric Vehicle
Mitsubishi to buy plant from Sharp to boost EV business
Japan’s Mitsubishi Electric has agreed to buy part of a plant in western Japan from Sharp to meet demand for power management chips used...
Electric Vehicle
Germany offers incentives for cheap electric cars
Germany has offered incentives for cheap electric cars and for hybrid vehicles, providing a boost to Volkswagen’s electric push while staggered taxes for polluting...
Electric Vehicle
Connected services for EVs will reach $378 mn: ABI Research
Subscriptions of connected services for consumer and commercial Electric Vehicles (EVs), such as charging-station locator, eco-routing, and EV telematics, will grow 270 percent from...
Electric Vehicle
BYD to supply EV batteries to automaker Ford Motor
China-based electric vehicle (EV) maker BYD will supply EV batteries to automaker Ford Motor, a document on the website of the Ministry of Industry...
Electric Vehicle
Volkswagen invests 2.1 bn euros in two Chinese electric vehicle players
Volkswagen said it will invest 2.1 billion euros in two Chinese electric vehicle players as part of its strategy to enhance business in China,...
Electric Vehicle
Hyundai selects LG Chemicals to supply battery for EVs
Hyundai Motor Group, which includes Hyundai Motor and its sister company Kia Motors, has picked LG Chemicals as one of the battery suppliers for...
Electric Vehicle
Tesla cut price of electric vehicles in North America and China
Tesla has decided to cut price of electric vehicles in North America and China following a decline in auto demand in the region during...
Electric Vehicle
Ola buys electric scooter company Etergo
Ola, a unit of SoftBank Group-backed Indian ride-hailing company, will buy Amsterdam-based electric scooter company Etergo as part of its plan to locally build...