Electric Vehicle
Mazda to invest $10.6 bn in EV battery push
Japan’s Mazda Motor plans to invest 1.5 trillion yen ($10.6 billion) by 2030 to procure electric vehicle (EV) batteries and cooperate with battery supplier...
Electric Vehicle
LG Energy Solution, Compass Minerals sign minerals contract
LG Energy Solution has signed an offtake agreement with Compass Minerals, a U.S. producer of essential minerals, for the purchase of battery-grade lithium carbonate.
The...
Electric Vehicle
General Motors expects EV business to generate $50 bn revenue
General Motors (GM) said its electric vehicles business will be profitable in 2025 in North America as the company scales EV capacity in the...
Electric Vehicle
General Motors adds Vale to its list of battery material suppliers
General Motors has added Vale to its list of battery material suppliers as the US-based automaker aims to address increasing EV competition beyond 2025,...
Electric Vehicle
Vingroup, Gotion start building $275 mn battery plant in Vietnam
VinES Energy Solutions, a unit of Vietnam’s largest conglomerate Vingroup and China’s Gotion High-Tech, have commenced construction of a $275 million battery factory in...
Electric Vehicle
India revises guidelines for charging infrastructure for EVs
India’s Power Ministry has amended the guidelines for charging infrastructure for electric vehicles, under which public charging stations would have the feature of prepaid...
Electric Vehicle
Ford’s Essex Engine Plant uses Convergent battery energy storage
Convergent Energy and Power has won a contract from Ford to meet its power needs at a plant Essex Engine Plant in Windsor, Ontario...
Electric Vehicle
Households with one EV could consume 37% more energy: ABI Research
Households with one Electric Vehicle (EV) could consume 37 percent more daily energy, according to ABI Research.
Use of EVs will shift peak demand in...