SK Innovation EV business

SK Innovation to enhance battery production capacity to 200 GWh

South Korea’s SK Innovation aims to enhance its battery production capacity to 200 gigawatt-hours (GWh) in 2025, up 60 percent from its previously announced...
BP station

BP makes $7 mn investment in electric vehicle charging firm IoTecha

BP Ventures has invested $7 million in smart electric vehicle (EV) charging firm, IoTecha, leading a $13.2 million investment round. IoTecha’s technology connects EV chargers...
GM new logo reflects EV business

GM plans to build two additional EV battery plants in US

General Motors (GM) on Wednesday boosted its spending on electric and autonomous vehicles, pulled ahead plans for two U.S. battery plants, Reuters reported. The No....
Ubitricity EV charging

Foxconn invests $36 mn in Gigasolar to develop EV battery materials

Taiwan’s Foxconn said a subsidiary has invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials. Foxconn, Apple’s (AAPL.O) main iPhone maker, said...
SemaConnect EV charging stations

India needs 400,000 EV charging stations

India needs about 400,000 charging stations to power two million Electric Vehicles (EV) that could potentially run on its roads by 2026, the Grant...
Renault electric vehicle

Latest annual Electric Vehicle Outlook from BloombergNEF

The global sale of zero-emission cars is forecast to increase from 4 percent of the market in 2020 to 70 percent by 2040. Leaders like...
Ford Motor EV business

Ford Motor outlines plans to boost spending on EV

Ford Motor outlined plans to boost spending on its electrification efforts by more than a third and said it aims to have 40 percent...
SK Innovation EV business

SK Innovation, Ford Motor ink EV battery joint venture in N America

SK Innovation and Ford Motor announced they will form a battery joint venture in North America to support the No. 2 U.S. automaker’s electric vehicle rollout. The...
Ubitricity EV charging

California regulator adopts EV mandate for Uber, Lyft ride-hail fleets

California’s clean air regulator -- California Air Resources Board (CARB) -- has adopted rules to mandate that nearly all trips on Uber’s and Lyft’s...
EV battery recycling

South Korean EV battery makers grab 31% share globally

Three South Korean electric vehicle (EV) battery makers accounted for 31 percent of the global market in the first quarter, but their share has...

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