Electric Vehicle

Chile to nationalize lithium that powers EV battery business

Chile’s President Gabriel Boric said the country would nationalize its lithium industry, the world’s second largest producer of the metal essential in electric vehicle...

Volkswagen reveals EV business success in Q1

Volkswagen informed that it has achieved 42 percent growth in the delivery of electric vehicles (EVs) to 141,000 in Q1 2023 vs 99,200 in...

Volkswagen and Canada to invest $15 bn for EV battery plant in Ontario

Volkswagen and Canada have pledged to invest more than C$20 billion ($14.8 billion) to build an EV battery plant in St. Thomas, Ontario, marking...

South Korea and EV battery makers plan $15 bn investment

South Korea’s government and top battery companies are set to invest 20 trillion won ($15.1 billion) in advanced battery technologies, including solid-state batteries, by...

Jaguar Land Rover to invest $19 bn in EV business

Jaguar Land Rover (JLR), which is owned by India’s Tata Motors, plans to invest 15 billion pounds ($19 billion) in electric vehicles (EVs) over...

Australia to bring vehicle emission standards to boost EV sales

Australia on Wednesday announced its plans to introduce new vehicle emission standards in order to increase the adoption of electric cars, which is currently...

Panasonic may build EV battery plant in Oklahoma

Japan’s Panasonic Holdings, a battery supplier to electric vehicle maker Tesla, said it is considering building a battery plant in Oklahoma, its third in...

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...