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...
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...
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,...
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...
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...
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...
Lithium battery makers struggle as EV business paused
The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and...
Battered oil demand faces threat from electric vehicles
Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto makers are betting the...
Sale of electric passenger vehicles to drop 18% to 1.7 mn: BNEF
Sales of electric passenger vehicles (EV) are forecast to drop 18 percent to 1.7 million in 2020.
Sales of combustion engine cars are set to...
SK Innovation to spend $727 mn for second EV battery plant in US
South Korea’s SK Innovation, a supplier for Volkswagen and Ford Motors, will spend $727 million to build its second electric vehicle (EV) battery plant...
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