Tesla showroom in New Jersey

Tesla cut price of electric vehicles in North America and China

Tesla has decided to cut price of electric vehicles in North America and China following a decline in auto demand in the region during...

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...

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...

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...
EV sales forecast for 2020

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...
SK Innovation EV business

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...
light weight 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,...

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...
ABB's AC wallbox

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...
Toyota Camry hybrid green cars

Toyota to build new electric vehicle plant in China

Automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group, Reuters reported. The...




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