Electric Vehicle
Italy offers subsidies to boost green vehicle sale
Italy will offer subsidies of up to 6,000 euros or $6,820 to buyers of new green vehicles while slapping taxes on the purchase of...
Electric Vehicle
Daimler to buy battery cells worth $23 bn for electric vehicles
Daimler is set to buy battery cells worth more than 20 billion euros or $23 billion by 2030 to support the production of hybrid...
Electric Vehicle
SK Innovation to invest $1.67 bn for EV battery plant in Georgia
SK Innovation, a developer of lithium-ion batteries for electric vehicles, announced it will create more than 2,000 jobs and invest $1.67 billion to build...
Electric Vehicle
Lithium battery project with $4 bn investment to come up Indonesia
Developers will start building a lithium battery project with an investment of $4 billion in Morowali, on the Indonesian island of Sulawesi, on Jan....
Electric Vehicle
Volkswagen, Tesco to develop EV charging network in UK
UK retailer Tesco and German car maker Volkswagen have joined hands to develop an electric vehicle charging network in the UK.
Tesco and Volkswagen roll...
Electric Vehicle
Volkswagen to decide on location for electric vehicle factory in US
German automobile major Volkswagen said it will be deciding on the location of the new factory in North America to build electric vehicles for...
Electric Vehicle
SK Innovation plans $1 billion EV battery plant in US
South Korea’s SK Innovation will invest 1.14 trillion won or $1.01 billion to set up its first electric vehicle (EV) battery plant in the...
Electric Vehicle
Volkswagen to spend $50 billion on electric cars
Germany automobile major Volkswagen plans to spend 44 billion euros or $50 billion on electric cars, autonomous driving and new mobility services by 2023,...