Electric Vehicle
Vietnam to subsidize electricity prices for EV charging stations
Vietnam is set to subsidize electricity prices for electric vehicle (EV) charging stations as part of its broader initiative to promote EV usage and...
Electric Vehicle
Honda Motor reports strong hybrid EV sales in Q1 2024
Honda Motor has announced its electric vehicle (EV) sales figures for the April-June 2024 quarter. The company sold 204,000 hybrid electric vehicles (HEVs), 4,000...
Electric Vehicle
Ola Electric’s $734 mn IPO fully subscribed amid market sell-off
Ola Electric’s $734 million initial public offering (IPO) has been fully subscribed by the second day of bidding, even as global equity markets experienced...
Electric Vehicle
Kia EV sales in U.S. double in first-half, driven by EV9 SUV
Electric vehicle sales by Kia, South Korea’s No. 2 automaker, in the United States from January to July have surged two-fold on-year, driven by...
Electric Vehicle
Toyota reveals number of electrified vehicles sold in April-June
Toyota said the proportion of electrified vehicles sold during April-June 2024 increased to 43.2 percent, mainly due to the strong performance of HEVs overseas.
Toyota...
Electric Vehicle
Loss making Ola Electric to raise $734 million via IPO
Indian e-scooter maker Ola Electric is aiming to raise $734 million in the first IPO by an Indian electric vehicle maker.
Ola Electric has reported revenue...
Electric Vehicle
LG Energy Solution expects 20% drop in revenue due to poor EV demand
Battery maker LG Energy Solution (LGES) said its revenue would drop more than 20 percent this year due to a slowdown in global electric...
Electric Vehicle
Chinese Automakers to accelerate launch of 14 overseas plants, says TrendForce
The European Union has introduced provisional countervailing duties on Chinese-made battery electric vehicles (BEVs) effective July 4, 2024.
While the updated tariff percentages show minimal...