Tag:

electric vehicle

ABTC Unveils Lithium Hydroxide Pilot Plant from Nevada Claystone Deposit

American Battery Technology Company (ABTC) has initiated the commissioning phase of its lithium hydroxide (LiOH) pilot plant, marking a significant step in the production...

Electric Vehicle Sales Surge, Expected to Transform Auto Industry and Slash Oil Consumption

Electric car sales are projected to represent more than one in five vehicles sold globally this year, says Global Electric Vehicle Outlook from the...

Hyundai Motor Inks Major Renewable Energy Deal for US EV Plant

Hyundai Motor announced the signing of a 174-megawatt power purchase agreement (PPA) with a solar energy project led by Spain’s Matrix Renewables. This agreement...

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...

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...

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...

Xiaomi’s Debut Electric Car SU7 Draws Over 100,000 Orders

Chinese tech giant Xiaomi announced on Wednesday the remarkable reception of over 100,000 orders for its inaugural electric vehicle, the SU7. During a ceremony held...