Electric Vehicle

Foxconn and PIF ink JV to make electric cars in Saudi Arabia

Saudi Arabia’s sovereign wealth PIF said it will make electric cars in the kingdom under a joint venture with Foxconn. “Ceer is the first automotive...

Verkor raises $248 mn to set up battery factory targeting Renault

French battery startup Verkor has raised 250 million euros ($248 million) from investors to fund a battery megafactory to produce batteries for its customer...

Toyota- BYD JV plans bZ3 electric sedan for China

Toyota Motor announced the launch of an electric sedan -- powered by BYD batteries and will be produced and sold in China. The Japanese automaker...

EVgo announces appointment of Tanvi Chaturvedi as CRO

EVgo, the largest charging network for electric vehicles (EVs) in the United States, announced the appointment of Tanvi Chaturvedi as Chief Revenue Officer (CRO). Tanvi...

InoBat plans $2.94 bn EV battery factory in Spain

Battery manufacturer InoBat Auto has signed a declaration of intent with the Spanish government to set up an electric vehicle battery factory in the...

BMW to invest $1.7 bn to build EVs in United States

BMW, a major automaker, said it will invest $1.7 billion to build electric vehicles in the United States. The German company said it was making...

Germany to spend $6.1 bn on push for EV charging points

The German government approved a plan to spend 6.3 billion euros ($6.1 billion) over three years to scale up the number of charging stations...

SunPower selected by GM to provide backup energy to EVs

SunPower Corp. and General Motors (GM) announced a collaboration to develop a new home energy system that will enable GM electric vehicles to provide backup...