Electric Vehicle

Connected EV charging points surge to 7.4 mn units in 2023

The number of connected electric vehicle (EV) charging points in Europe and North America reached an estimated 7.4 million units in 2023. Europe leads with...

Shell research highlights demand for enhanced EV charging experience

The 2024 Shell Recharge Driver Programme has revealed a significant shift in consumer behavior towards electric vehicle (EV) charging. The research, which surveyed 33,696...

BluSmart secures $24 mn in VC funding for EV charging infrastructure

Electric Vehicle (EV) company BluSmart has raised $24 million (approximately Rs 200 crore) in its pre-series B funding round. This new investment will enable...

General Motors adjusts EV production goals amid market uncertainty

General Motors (GM) has retracted its previous forecast of achieving 1 million units of electric vehicle (EV) production capacity in North America by the...

TotalEnergies and SSE launch JV Source to capture 20% of EV charging market

TotalEnergies and power firm SSE have announced the creation of a joint venture named Source, aiming to secure a 20 percent share of the...

VinFast lowers EV sales target for 2024 as customers halt purchases

VinFast, an electric vehicle (EV) maker based in Vietnam, has lowered its sales target for 2024 in the wake of tough market conditions. VinFast said...

US awards $1.1 bn to General Motors and Stellantis for EV conversion

The United States plans to allocate nearly $1.1 billion in grants to General Motors (GM) and Stellantis, the parent company of Chrysler, to assist...

General Motors plans $900 mn investment to convert Lansing plant for EV production

General Motors (GM) has committed to investing at least $900 million to retool its Lansing, Michigan auto plant for the production of electric vehicles...