Electric Vehicle
Ultium Cells plans $2 bn EV battery manufacturing plant in Indiana
Ultium Cells, the joint venture between General Motors (GM) and LG Energy Solution, is considering a site in Indiana for a fourth U.S. battery...
Electric Vehicle
Tata Motors wins EV deal to supply 921 electric buses to BMTC
Tata Motors has won an EV contract to supply 921 electric buses to the Bengaluru Metropolitan Transport Corporation (BMTC).
Tata Motors will supply, operate and...
Electric Vehicle
Tamil Nadu plans tender for setting up EV charging units
The Tamil Nadu Generation and distribution company (Tangedco) is set to float a tender for setting up electric vehicle (EV) charging units in the...
Electric Vehicle
70% of 72 models will not qualify for EV tax credits
The Inflation Reduction Act ends credits for about 70 percent of the 72 models that were previously eligible, said the Alliance for Automotive Innovation,...
Electric Vehicle
EV maker Faraday Future to raise up to $600 mn in funding
Faraday Future Intelligent Electric, the electric-vehicle startup, said it will raise up to $600 million in funding.
Faraday aims to deliver its FF 91 luxury...
Electric Vehicle
Ola Electric to start manufacturing electric cars in 2024
Ola Electric, backed by Japan’s Softbank Group as a major investor, said its plans to start manufacturing electric cars in India in 2024.
Ola, India’s...
Electric Vehicle
CATL to build $7.6 bn EV battery plant in Hungary
China-based CATL will build a battery plant in Hungary with an investment of 7.3 billion euro ($7.6 billion), as the world’s biggest electric vehicle battery...
Electric Vehicle
EV market growth in China, Europe and US: Canalys
The number of electric vehicles (EVs) sold in the first half of 2022 has touched 4.2 million (+63 percent), according to a report from...