Electric Vehicle
Electric vehicle focused companies optimistic about 2023
Electric vehicle focused companies in India are optimistic about increasing scale and their investments in the year 2023.
HOP Electric, a Jaipur based electric two-wheeler manufacturer,...
Electric Vehicle
Sale of EVs in India touches 442,901 in 2022-23
The sale of electric vehicles (EVs) in India has touched 442,901 in 2022-23 (till December 9) as compared with 237,811 in 2021-22 and 48,179...
Electric Vehicle
CATL starts production of lithium-ion battery cells in Germany
CATL’s first plant outside of China has kicked off production of lithium-ion battery cells in Germany in December.
The first batch of lithium-ion battery cells...
Electric Vehicle
LG Energy to invest $3.1 bn in Korea battery plant
LG Energy Solution plans to invest 4 trillion won ($3.1 billion) between this year and 2026 to build and expand cylindrical battery production in Ochang,...
Electric Vehicle
Indonesia to offer $5,000 subsidy to electric car buyers
Indonesia’s government plans to offer a subsidy of more than $5,000 on sale of electric car, Industry Minister Agus Gumiwang Kartasasmita said.
It will also...
Electric Vehicle
Mahindra to set up $1.2 bn EV plant in Pune
Mahindra and Mahindra, a leading automaker in India, is planning to invest $1.2 billion to set up an electric vehicle (EV) manufacturing plant near...
Electric Vehicle
ABF selects Arizona for $1.2 bn battery cell factory
American Battery Factory (ABF) announced the selection of Tucson, Arizona as the site for its battery cell factory.
The site will serve as ABF’s headquarters...
Electric Vehicle
Hyundai and SK On plan $4-5 bn EV battery plant in Georgia
Hyundai Motor and SK On will build a new battery manufacturing plant in the state of Georgia to supply the Korean automaker’s U.S. assembly...