Electric Vehicle
LG Energy revives plan for battery factory in Arizona with $5.5 bn investment
LG Energy Solution, the world’s third-largest electric vehicle battery maker, announced its plans to enhancement investment to $5.5 billion for building an EV battery...
Electric Vehicle
Charging EVs can cost $1,800 more on UK streets vs home – FairCharge
Spending on charging of electric vehicles (EV) on public chargers in the United Kingdom will be 1,515 pounds ($1,854.51) more annually than charging at...
Electric Vehicle
BMW targets 50% of new sales from EV business
BMW said it expects over 50 percent of new sales to be all-electric vehicles well ahead of its 2030 target.
The carmaker forecast slightly higher deliveries...
Electric Vehicle
Volkswagen plans $193 bn investment to boost EV business
Volkswagen plans to invest 180 billion euros ($192.76 billion) during 2023-207 in areas including battery production and its North American operations.
Volkswagen has a target of...
Electric Vehicle
Montavista develops lithium metal battery
Montavista Energy Technologies Corporation, a developer of lithium metal battery (LMB) technologies, has unveiled a new product line.
The drones equipped with Montavista’s METARY P series...
Electric Vehicle
Mitsubishi reveals EV strategy and new targets
Mitsubishi Motors has revealed its strategy and new targets under the mid-term Business Plan called Challenge 2025.
Mitsubishi plans for hybrid and battery electric vehicles...
Electric Vehicle
Passenger EV sales to reach 17 million units in 2023
The global passenger electric vehicle (EV) sales are expected to reach nearly 17 million units by the end of 2023.
EV sales rose 53 percent...
Electric Vehicle
Tesla cuts prices of two most expensive electric vehicles
Tesla has cut prices on its two most expensive electric vehicles in the United States, according to the company’s website, days after Chief Executive...