Electric Vehicle

Evergrande starts mass production of EVs

Evergrande said its electric vehicle (EV) unit started mass production of the Hengchi 5 model at a plant in the northern city of Tianjin. Evergrande...

US offers $900 mn to build EV charging stations in 35 states

United States President Joe Biden will announce the approval of the first $900 million in U.S. funding to build EV charging  stations in 35...

TeraWatt raises $1 bn to expand EV charging centers

TeraWatt Infrastructure has raised more than $1 billion from investors to expand a network of charging centers focused on electric vehicle fleet customers. Four-year-old TeraWatt...

Battery startup ONE aims to slash cell cost, deliver 600-mile range

Startup Our Next Energy has unveiled a new anode-free battery pack designed to slash cell cost as much as 50 percent while delivering up...

CATL battery cells to power BMW’s NEUE KLASSE electric vehicles

CATL has won a contract from BMW Group for the supply of cylindrical battery cells to power the German carmaker’s NEUE KLASSE electric models...

VinFast delivers first batch of 100 VF 8 electric vehicles

VinFast announced the delivery of the first batch of 100 VF 8 electric vehicles (EVs) at its manufacturing complex in Hai Phong, Vietnam, for customers...

Tesla plans lithium refinery in Texas to boost EV battery business

Tesla is considering setting up a lithium refinery on the gulf coast of Texas, as it looks to secure supply of the key component...

BYD to set up $491 mn EV facility in Thailand to produce 150,000 cars

Chinese electric vehicle (EV) maker BYD aims to set up a facility in Thailand to start producing 150,000 passenger cars per year from 2024. BYD announced...