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...
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...
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 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 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 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 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 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 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 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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