Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
China to cut subsidy on electric vehicles by 10% this year
China will cut subsidies on new energy vehicles (NEV) such as electric cars by 10 percent this year, the finance ministry said on Thursday,...
Electric Vehicle
General Motors and Honda to jointly develop new electric vehicles
General Motors and Honda Motor said on Thursday they would jointly develop two new electric vehicles for Honda.
Honda will use GM’s hands-free driver assistance...
Electric Vehicle
ABB reveals launch details of Terra AC wallbox
ABB announced the launch of its new Terra AC wallbox. The wallbox is designed to meet the demand for affordable connected charging in homes...