Toyota and Panasonic form EV battery venture for global markets
Toyota Motor and Panasonic announced they will set up a 51-49 percent joint venture next year to make electric vehicle (EV) batteries.
The joint venture...
BHEL and Libcoin to build 1GWh lithium-ion battery plant
BHEL and Libcoin are planning to form a joint venture to initially build 1GWh lithium-ion battery plant in India.
The capacity of India’s first Lithium-ion...
Toyota and Panasonic may ink JV to produce EV batteries
Toyota Motor and Panasonic are set to launch a joint venture next year to produce batteries for electric vehicles (EV), Reuters reported.
The 51-49 joint...
Tesla to cut thousands of jobs to reduce costs
Tesla announced on Friday it would cut thousands of jobs to reduce costs as it plans to hike production of lower priced versions of...
BHEL to set up solar-based EV chargers
Bharat Heavy Electricals (BHEL) will set up a network of solar-based electric vehicle chargers (SEVC) on the Delhi-Chandigarh highway.
“The establishment of EV chargers at...
Corporate investments in EV startups
Corporations across industries - auto, energy, electronics, aerospace, telecom - have invested in startup companies engaged in various aspects of automotive electrification, including batteries,...
Volkswagen to invest $800 mn to build electric vehicle in Tennessee
Volkswagen will be investing $800 million to build a new electric vehicle at its plant in Chattanooga, Tennessee.
The German automaker said in an announcement...
LG Chem to invest $1.07 bn to expand battery plants in China
South Korea’s LG Chem plans to invest 1.2 trillion won or $1.07 billion to expand its two battery plants in China by 2020, Reuters...
GM sold 200,000 electric vehicles in US, Tesla cuts price
General Motors (GM) announced that it sold 200,000 electric vehicles in the United States by the end of 2018.
The 200,000 figure covers GM’s cumulative...
Norway electric cars market surges in 2018
Share of electric cars in Norway car market rose to 31.2 percent of all sales last year, from 20.8 percent in 2017 and 5.5...
LATEST POSTS
