BMW green factory

BMW targets 15% battery-electric sales in 2023

BMW Group has revealed that it sold around 100,000 fewer cars in 2022 at 2.4 million vehicles. BMW has more than doubled the proportion...
VinFast EV electric vehicle business

LG, SK, Samsung lost EV battery share

Three South Korean electric vehicle (EV) battery makers saw their global market share sink in the first 11 months of 2022 amid robust growth...
bp EV charging infrastructure

Electric vehicle focused companies optimistic about 2023

Electric vehicle focused companies in India are optimistic about increasing scale and their investments in the year 2023. HOP Electric, a Jaipur based electric two-wheeler manufacturer,...
Renault electric vehicle

Sale of EVs in India touches 442,901 in 2022-23

The sale of electric vehicles (EVs) in India has touched 442,901 in 2022-23 (till December 9) as compared with 237,811 in 2021-22 and 48,179...
CATL EV battery

CATL starts production of lithium-ion battery cells in Germany

CATL’s first plant outside of China has kicked off production of lithium-ion battery cells in Germany in December. The first batch of lithium-ion battery cells...
LG Energy Solution

LG Energy to invest $3.1 bn in Korea battery plant

LG Energy Solution plans to invest 4 trillion won ($3.1 billion) between this year and 2026 to build and expand cylindrical battery production in Ochang,...
Indonesia EV charging

Indonesia to offer $5,000 subsidy to electric car buyers

Indonesia’s government plans to offer a subsidy of more than $5,000 on sale of electric car, Industry Minister Agus Gumiwang Kartasasmita said. It will also...
Mahindra & Mahindra

Mahindra to set up $1.2 bn EV plant in Pune

Mahindra and Mahindra, a leading automaker in India, is planning to invest $1.2 billion to set up an electric vehicle (EV) manufacturing plant near...
ABF battery cell

ABF selects Arizona for $1.2 bn battery cell factory

American Battery Factory (ABF) announced the selection of Tucson, Arizona as the site for its battery cell factory. The site will serve as ABF’s headquarters...
Hyundai EV

Hyundai and SK On plan $4-5 bn EV battery plant in Georgia

Hyundai Motor and SK On will build a new battery manufacturing plant in the state of Georgia to supply the Korean automaker’s U.S. assembly...

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