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Nel Selects Michigan for Gigafactory, Receives Substantial Financial Support

Nel, a global leader in hydrogen production solutions, has announced its choice of Plymouth Charter Township, a suburb of Detroit, Michigan, as the location...
Panasonic EV battery

EV Battery Production Set to Surge, Driving Evolutionary Improvements in Lithium-ion Batteries

The anticipated boom in EV battery production will exert pressure on raw material supplies, particularly lithium and cobalt. Between 2022 and 2030, there will...
Panasonic EV battery

Cobalt Hydroxide Prices Plummet as Supply Surges from Congo: Impact on Electric Vehicle Battery...

In a significant shift, the prices of cobalt hydroxide, a vital component used in the production of chemicals for electric vehicle (EV) batteries, have...
Ather Energy EV factory Hosur

Ather Energy Reports Significant Losses in FY23 Despite Revenue Growth

In a notable development, Ather Energy, an electric vehicle (EV) company backed by Hero MotoCorp, witnessed a sharp increase in losses during the financial...
Toyota Camry hybrid green cars

Toyota Accelerates Electric Vehicle Production, Aims for 600,000 Annual Output by 2025

Toyota Motor is ramping up its efforts to accelerate the production of electric vehicles (EVs) for both its Toyota and luxury Lexus brands, according...
VinFast Electric Vehicle business

VinFast Auto Reports Stellar Growth and Unveils Future Expansion Plans

VinFast Auto, a prominent electric automotive manufacturer and a subsidiary of Vingroup, has released its remarkable financial results for the second quarter ending on...
Volvo electric trucks

Volvo Cars to Cease Diesel Production by 2024, Paving the Way for All-Electric Future

Volvo Cars has announced its strategic decision to halt the production of any remaining diesel models by early 2024, marking a significant milestone in...
Shell Recharge Singapore

Shell Unveils Largest Global EV Charging Station in Shenzhen, China

In a significant move towards sustainable mobility, Shell has inaugurated its largest electric vehicle (EV) charging station globally, strategically positioned in Shenzhen, China. Situated approximately...
VinFast EV electric vehicle business

VinFast delivers 9,535 electric vehicles in 2Q 2023

VinFast Auto announced that it delivered 9,535 electric vehicles in 2Q23, more than five times the number of deliveries in 1Q23. VinFast delivered a total...
ROYPOW Residential Energy Storage System at RE 2023

ROYPOW Unveils Cutting-Edge Residential Energy Storage System at RE+ 2023

Leading lithium-ion battery and energy storage system supplier, ROYPOW, has revealed its residential energy storage system at the RE+ 2023 Exhibition, North America’s premier...




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