Ford Slows $12 bn Investment in Electric Cars as Consumers Resist Premium Pricing
In a surprising move, American automaker Ford has decided to put the brakes on its ambitious $12 billion investment plan for electric vehicles (EVs),...
American Battery Factory Breaks Ground on Lithium Iron Phosphate Battery Gigafactory in Arizona
American Battery Factory (ABF), a pioneering battery manufacturer leading the charge in developing the first network of lithium iron phosphate (LFP) battery cell gigafactories...
Ola Electric Secures INR 3,200 Crore in Funding for EV Expansion and Lithium-ion Cell...
Ola Electric, a pioneering name in the Indian electric vehicle (EV) sector, has successfully concluded a significant funding round, amassing a staggering INR 3,200...
BP Pulse to Acquire Tesla Chargers in a $100 mn Deal to Boost US...
BP’s electric vehicle (EV) charging subsidiary, bp pulse, has unveiled a game-changing agreement with Tesla, where they will acquire ultra-fast charging hardware units from...
Honda and General Motors Abandon $5 bn Project for Affordable Electric Vehicle
Honda Motor and General Motors (GM) have announced their decision to terminate a collaborative effort to develop affordable electric vehicles (EVs). This announcement comes...
American Battery Technology’s Nevada Facility Recognized as an Innovation and Technology Hub
American Battery Technology Company (ABTC) has received a significant accolade from the Joe Biden Administration. The company’s lithium-ion battery recycling facility located in Nevada...
EVCS Receives $1.88 mn Grant to Boost Accessible EV Charging in Southern California
EVCS, a prominent electric vehicle (EV) fast-charging network operator on the West Coast, has received a $1.88 million grant from the California Energy Commission’s...
LG Energy Reports Third Quarter Financial Results and Reveals Strategies for Product Competitiveness
LG Energy Solution, a player in the energy storage and EV battery industry, has announced its financial results for the third quarter of the...
Toyota Urges Indian Government to Reduce 43% Tax on Hybrid Vehicles
Japan’s Toyota Motor has formally requested the Indian government to slash taxes on hybrid vehicles by as much as one-fifth, according to a recent...
Samsung SDI to Supply Hyundai Motor with EV Batteries in Landmark Deal
Samsung SDI, a major player in the electric vehicle (EV) battery market, has announced a groundbreaking partnership with Hyundai Motor, stating that it will...
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