Electric Vehicle
Tesla expands EV price cut to more countries
Tesla has slashed prices for its electric vehicles (EV) in Europe, Israel and Singapore, expanding a global discount drive it began in China in...
Electric Vehicle
Enel X Way to add 2 mn EV charging ports in North America
Enel X Way plans to add at least two million EV charge ports in North America across home, commercial and public charging segments by 2030.
This target includes...
Electric Vehicle
Shell EV Charging to power BYD across Europe
Shell EV Charging Solutions and BYD Europe have joined forces to provide over 100,000 BYD battery and plug-in hybrid electric vehicle customers with convenient...
Electric Vehicle
US to revise calculation of fuel economy rating of EVs
The U.S. Energy Department (DOE) is considering revising the way it calculates the fuel economy rating of electric vehicles (EVs) and plug-in electric hybrids...
Electric Vehicle
Ford plans $1.3 bn investment in Oakville plant for electric vehicles
Ford Motor announced that it will begin retooling its SUV assembly plant in Oakville, Ontario to produce electric vehicles starting in late 2024.
The plant...
Electric Vehicle
Hyundai to invest $18.2 bn for electric vehicle (EV) business
Hyundai Motor announced plans to invest 24 trillion won ($18.2 billion) by 2030 to bolster domestic electric vehicle (EV) production and other EV projects.
The...
Electric Vehicle
Tesla to open new factory in Shanghai for Megapack energy products
Tesla is set to open a new factory in Shanghai that will produce 10,000 Megapack energy products per year. Tesla did not reveal its...
Electric Vehicle
South Korea offers $5.3 bn funding support to domestic battery makers
South Korea will extend 7 trillion won ($5.31 billion) in financial support to domestic battery makers over the next five years to help them...