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...
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...
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,...
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 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 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 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 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 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 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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