Electric Vehicle

BMW sales of battery-electric vehicles surge 22% in April-June

German premium carmaker BMW has revealed sales of battery-electric vehicles (BEV) surged by 22.2 percent to 107,933 autos in the April-June period. BMW will release...

BP Pulse inks deal with Simon Property to operate 900 EV chargers in US

BP Pulse, a unit of energy major BP, has signed a deal with mall owner Simon Property Group to install and operate more than 900 electric-vehicle...

Mercedes-Benz to invest €14 bn for driving EV battery development

Mercedes-Benz plans to invest €14 billion in 2024, focusing on research and development, and enhancing its production facilities. A substantial portion of this investment...

LG Energy Solution sales to drop 30% in second-quarter

LG Energy Solution, South Korea’s leading battery maker, said its sales revenue is projected to dip 30 percent to 6.16 trillion won in the...

Electric two-wheeler maker VLF announces India plans

Italian electric two-wheeler maker VLF announced its plans to set up manufacturing hub in Kolhapur, Maharashtra, as part of its India strategy. India’s electric two-wheeler...

BYD opens $490 mn EV manufacturing plant in Thailand

BYD, the world’s largest electric vehicle (EV) manufacturer based in China, has inaugurated a new EV production facility in Thailand. At the opening ceremony, BYD...

Europe implements tariffs on Chinese Electric Vehicle imports

The European Union will introduce tariffs of up to 37.6 percent on imports of electric vehicles (EVs) from China starting this Friday, Reuters news...

Hyundai and LG Energy Solution launch Indonesia’s first EV battery cell plant

Hyundai Motor and LG Energy Solution (LGES) have opened Indonesia’s first battery cell production plant for electric vehicles (EV). This facility boasts an annual...