Electric Vehicle

SAMSUNG SDI Wins $1.36 bn Deal to Supply Prismatic LFP Batteries for U.S. Energy Storage Systems from 2027

SAMSUNG SDI has announced a major contract for its energy storage business, confirming that the South Korean battery maker will supply prismatic lithium iron phosphate (LFP) batteries for energy...

Global Electric Vehicle Installed Base to Reach 116 mn in 2026 – Gartner

The worldwide electric vehicle market is set for another year of strong growth. Gartner forecasts that by 2026, 116 million electric vehicles - including...

Renewable energy news: Hyundai, Kia, Tesla, CATL

Today’s renewable energy news includes announcements from Hyundai, Kia, Tesla, CATL, among others. Hyundai and Kia Announce New EV Platform Rollout Hyundai Motor Group has announced the rollout...

Global NEV Market Surges in Q3 2025 as BEV Growth Outpaces PHEVs

Global new energy vehicle (NEV) sales reached 5.39 million units in the third quarter of 2025, reflecting a 31 percent year-over-year rise, TrendForce said. Battery...

Toyota Begins Production at $13.9 bn U.S. Battery Plant, Plans $10 bn Additional Investment

Toyota Motor has started production at its $13.9 billion battery manufacturing plant in North Carolina, marking a major milestone in its strategy to expand...

BMW Accelerates Electrification Strategy with Strong BEV and PHEV Growth in 2025

BMW Group has strengthened its position in the global electric vehicle (EV) market, with battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs)...

Lucid Cuts 2025 Production Forecast Amid Supply Challenges, Reports Wider Quarterly Loss

Lucid Group has lowered its 2025 production forecast to 18,000 vehicles as the luxury electric vehicle maker continues to face supply chain hurdles and...

Major EV Charging Projects Announced Globally in October 2025

Several governments and companies announced significant EV charging infrastructure projects  in October 2025. HUBCO Green (Private) – Pakistan DC fast‑charging corridorHUBCO Green, a unit of Hub Power Holdings,...

Renewable energy news:  Tesla,  BYD, Hyundai

Today’s renewable energy news includes announcements on Tesla, BYD, Hyundai, among others. Tesla to Establish Next-Gen EV Gigafactory in Gujarat, India Tesla has announced plans to build a next-generation...

General Motors to Cut U.S. EV and Battery Production as Demand Slows

General Motors (GM) announced plans to scale back electric vehicle (EV) and battery production in the United States, affecting about 1,200 factory jobs at...

Automakers Form EV Partnerships to Dodge EU Carbon Emission Fines in 2025

European automakers are racing to avoid massive carbon emission penalties imposed by the European Union (EU) by forming strategic alliances with electric vehicle (EV)...