Automakers to spend $515 bn on electric vehicles and batteries: Reuters
Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis.
Less than three...
Tesla opens charging network to other EVs for the first time
Tesla is opening its charging network to other electric cars for the first time with a pilot program in the Netherlands.
Tesla, the world’s most...
GM to boost EV business with 40,000 charging stations in U.S., Canada
General Motors (GM) said it would install up to 40,000 electric-vehicle charging stations in the United States and Canada, as part of the automaker’s...
EV business leaders want India to take more action
EV businesses in India are seeking government support to meet a target for at least 65 percent of all new vehicle sales to be...
Tata Motors raises $1 bn from TPG, ADQ for electric vehicle business
Indian automaker Tata Motors has raised about $1 billion from private equity firm TPG’s Rise Climate Fund and Abu Dhabi state holding company ADQ to...
EV battery maker CATL plans $5 bn recycling facility in China
Contemporary Amperex Technology plans to build a battery material recycling facility in the central Chinese province of Hubei with an investment of up to...
Rock Tech Lithium plans $544 mn plant in Brandenburg
Canada’s Rock Tech Lithium is planning to build a converter plant in Brandenburg, the German state surrounding Berlin, to make battery-grade lithium hydroxide for electric...
Lithium-ion battery supply chain ranking by BNEF
China has dominated BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking in both 2021 and its projection for 2026.
China hosts 80 percent of all...
Electric-vehicle batteries: major players and their expansion plans
Battery makers are facing a skills shortage as auto mobile companies are shifting to electric vehicles (EVs) business.
Global sales of EVs, estimated at 2.5...
General Motors to source 100% renewable energy to power U.S. sites
General Motors announced that it plans to source 100 percent renewable energy to power its U.S. sites by 2025 – five years earlier than...
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