Electric Vehicle
Toyota to invest $5.6 bn in Japan and US in EV battery
Toyota Motor has decided to invest up to 730 billion yen (approximately $5.6 billion) in Japan and the United States for supplying batteries for...
Electric Vehicle
Toyota to triple investment in EV battery plant in US
Toyota Motor said it will enhance its planned investment in a new U.S. battery plant from $1.29 billion to $3.8 billion.
Battery maker Panasonic will be...
Electric Vehicle
India will have 50 mn EVs though EV charging is a roadblock: KPMG
India will have 45-50 million electric vehicles (EVs) on road by 2030, according to a KPMG in India report.
As the EV ecosystem matures at...
Electric Vehicle
xEV powertrain electronics systems to reach $107 bn: Strategy Analytics
Electric vehicle (EV) production will grow at a CAAGR of 26 percent over 2021 to 2026 and will reach 54.1 million units by 2029....
Electric Vehicle
CATL to supply Qilin EV battery to SERES to power AITO models
China-based CATL announced its five-year agreement with SERES to supply Qilin EV battery to power all the AITO models.
Qilin batteries offer a record-breaking volume...
Electric Vehicle
LG Energy, Honda ink $4.4 bn JV for EV battery plant in US
Korea’s LG Energy Solution and Japan’s Honda Motor announced their joint venture to build an electric vehicle (EV) battery plant in the United States.
Honda...
Electric Vehicle
Tesla supplier Panasonic plans additional $4 bn EV battery plant in US
Panasonic, a supplier to electric-car maker Tesla, is in talks to build an additional electric vehicle (EV) battery plant in the United States at...
Electric Vehicle
Factorial to set up $45 mn EV battery plant in Methuen
Factorial Energy, a supplier of solid-state battery technology for electric vehicle (EV) applications, will set up a new manufacturing facility in the Boston suburb of...