Electric Vehicle
Volvo to sell 1,000 electric trucks to Holcim
Volvo Group unit Volvo Trucks plans to sell 1,000 electric trucks – as a replacement of 1,000 existing Volvo FH diesel trucks -- to Swiss...
Electric Vehicle
GM may miss target to produce 1 mn EVs in North America
General Motors may fall short of its target to produce 1 million electric vehicles (EVs) in North America by 2025, Reuters news report said.
Though...
Electric Vehicle
Panasonic plans multiple new battery factories in North America
Panasonic Holdings, a Japanese company known for its energy unit’s production of batteries for EV leader Tesla, announced its intention to increase the production...
Electric Vehicle
BP buys TravelCenters of America for $1.3 bn
BP Products North America, a subsidiary of BP, has completed its $1.3 billion acquisition of TravelCenters of America.
“Combining TA’s sites on US highways with...
Electric Vehicle
Northvolt and ProLogium to spend $11 bn for EV battery factories in Europe
Sweden’s Northvolt and Taiwan’s ProLogium, two leading electric vehicle battery makers, plan to spend around 10 billion euros ($11 billion) on factories in Europe.
Northvolt...
Electric Vehicle
Toyota Motor targets five-fold increase in battery EV sales
Toyota Motor is targeting a 10 percent increase in operating profit for the current year as it foresees a significant jump in sales of...
Electric Vehicle
BYD plans EV manufacturing plant in Vietnam
Chinese automaker BYD plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to a Vietnamese government statement.
BYD’s founder and chair Wang...
Electric Vehicle
Nel to set up $400 mn electrolyser facility in Michigan
Nel plans to build a new automated gigawatt electrolyser manufacturing facility in Michigan that will offer employment to more than 500 people.
The announcement was made...