Electric Vehicle

Mercedes-Benz Unveils Global Charging Hub Expansion as Part of Electrification Strategy

Mercedes-Benz has announced its plans to launch Charging Hubs in key cities around the world, as part of the company’s ambitious electrification strategy. The...

Amazon Expands Electric Vehicle Fleet in India, Paving the Way for Sustainable Deliveries

Amazon has announced a significant milestone in its efforts towards sustainable logistics by revealing that it now operates more than 6,000 electric vehicles (EVs)...

Xpeng Acquires Didi’s Smart EV Unit in $744 mn Deal, Forms Strategic Partnership

Chinese electric car manufacturer Xpeng has announced its acquisition of Didi’s smart electric vehicle (EV) unit in a transformative deal valued at up to...

American Battery Factory Secures Series A Funding for Gigafactory Development

In a significant stride towards revolutionizing the battery industry in the United States, American Battery Factory (ABF) has successfully raised capital in its Series...

BYD inching closer to Tesla in battery electric vehicle (BEV) sales: TrendForce

The global electric vehicle (EV) market is undergoing a significant transformation, and recent data from TrendForce indicates that BYD is inching closer to Tesla...

CATL Unveils Shenxing: World’s First 4C Superfast Charging LFP Battery Revolutionizes Electric Vehicle Industry

In a groundbreaking development for the electric vehicle (EV) sector, Contemporary Amperex Technology (CATL) has introduced Shenxing, the world’s inaugural 4C superfast charging Lithium...

Servotech to Set up Rs 300 Crore EV Charger Manufacturing Plant in Uttar Pradesh, India

In a significant move towards bolstering India’s electric mobility infrastructure, Servotech Power Systems, the country’s prominent EV Charger manufacturer, has inked a Memorandum of...

China’s EV Battery and Energy Storage Price Stabilize in July Amid Muted Demand

In July, China’s electric vehicle (EV) battery market showed signs of stability as lithium salt prices experienced a marginal decline. The prices of EV...