Electric Vehicle
LG Energy withdraws from $8.45 bn EV battery project in Indonesia
LG Energy Solution has withdrawn from an electric vehicle battery manufacturing project in Indonesia valued at 142 trillion rupiah, or approximately $8.45 billion.
This decision marks a significant shift in...
Electric Vehicle
CATL launches Shenxing fast-charging EV battery
Chinese electric vehicle battery manufacturer CATL on Monday unveiled the second generation of its “Shenxing” fast-charging battery. This advanced battery technology is set to...
Electric Vehicle
PreZero orders 35 battery-electric trucks from Volvo
PreZero has ordered 35 battery-electric trucks from Volvo, marking the largest electric truck order in Sweden’s recycling industry to date.
PreZero is an international waste...
Electric Vehicle
GM halts EV van production in Ontario
General Motors (GM) is temporarily suspending production of its Chevrolet BrightDrop electric vans at the CAMI Assembly plant in Ingersoll, Ontario, due to slow...
Electric Vehicle
Volkswagen EV sales soar in Europe, slide in China
Volkswagen said its battery-electric vehicle (BEV) sales have more than doubled in Europe in Q1 2025, boosted by rising demand and new EU emissions...
Electric Vehicle
Kia lowers EV target as per new strategy
Kia Corporation has outlined a dynamic and evolving electric vehicle (EV) strategy aimed at balancing growth, profitability, and adaptability to market conditions.
Kia has revised...
Electric Vehicle
Mercedes-Benz EV sales drop 10% in first-quarter
Mercedes-Benz has reported a 10 percent decline in battery electric vehicle (EV) sales in the first quarter of the year, with 45,500 units delivered...
Electric Vehicle
Tesla sales drop 13% as Elon Musk’s political affiliations spark protest
Tesla has reported deliveries of 336,700 electric vehicles in the first quarter of 2025, representing a 13 percent decline from the same period in...
Electric Vehicle
India’s electric vehicle (EV) market reaches 1.96 mn units in 2024-25 fiscal
The size of India’s electric vehicle (EV) market has reached 1.96 million units in terms of EV registrations — a 17 percent increase in...
Electric Vehicle
BYD revenue surges 29% thanks to cost-effective EV models
BYD has emerged as a dominant force in the global electric vehicle industry, achieving remarkable financial growth and market expansion.
BYD reported a record-breaking net...
Electric Vehicle
Electric car sales surge 25% contributing to cut in CO2 emission
Global electric car sales surged by over 25 percent in 2024, exceeding 17 million units and accounting for more than 20 percent of total...