Electric Vehicle
SK Innovation plans second EV factory in US and expansion in Hungary
SK Innovation plans to set up a second electric vehicle battery (EV) factory in the United States and is considering an expansion of an...
Electric Vehicle
ABB wins new order for EV chargers from IONITY
ABB today announced that it has received an order for a further 324, 350 kW electric vehicle (EV) chargers from IONITY.
IONITY will be rolling...
Electric Vehicle
Hyundai plans $51.8 bn investment focusing on electric vehicles
Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, about one-third of the expenditure focused on electric and...
Electric Vehicle
Battery prices dropped to $156/kWh in 2019: BloombergNEF
Battery prices, which were above $1,100 per kilowatt-hour in 2010, have fallen 87 percent to $156/kWh in 2019.
By 2023, average prices will be close...
Electric Vehicle
BEV growth to pose challenge and opportunity on energy sales
Battery Electric Vehicle (BEV) sales is expected to grow from 1.3 percent in 2018 to 16.4 percent in 2029, creating an Electric Vehicle (EV)...
Electric Vehicle
Volkswagen to invest $66 bn to develop electric and hybrid cars
Volkswagen will invest 60 billion euros or $66.12 billion by 2024 to develop electric and hybrid cars as well as digital technologies.
Volkswagen, the multi-brand...
Electric Vehicle
EDF to buy electric vehicle charging firm Pivot Power
French state-controlled energy group EDF has agreed to buy Pivot Power, a British start-up company that specializes in battery storage and infrastructure for electric...
Electric Vehicle
Honda Motor to phase out diesel cars by 2021
Honda Motor said on Monday it would phase out all diesel cars by 2021 in favor of models with electric propulsion systems.
The Japanese automaker...