Electric Vehicle

PolyPlus starts pilot manufacturing of lithium seawater battery

PolyPlus Battery Company has installed a pilot manufacturing line for producing Lithium Seawater Batteries (Li/SWBs) for subsea and deep ocean applications. These batteries have energy...

VinFast receives $1.2 bn incentive for EV manufacturing project

VinFast has received a $1.2 billion incentive package from the State of North Carolina for its electric vehicle manufacturing project in the US. The largest economic incentive package in state...

FirstEnergy unit offers $39.8 mn EV charging incentive

Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy, has launched EV Driven, a four-year program that provides incentives for electric vehicle charging...

Ford, SK On finalize U.S. EV battery joint venture

US-based Ford Motor and South Korean battery maker SK On Co along with its subsidiary on Thursday finalized setting up a joint venture for...

Panasonic picks Kansas for Tesla EV battery plant with $4 bn investment

Japan’s Panasonic Energy, a major Tesla supplier, has selected Kansas as the site for a new battery plant. State officials said the proposed battery plant...

Ola to start production of lithium-ion cell at its Gigafactory by 2023

Ola Electric has introduced its lithium-ion cell -- NMC 2170 -- and said it will begin the mass production of its cell from its...

VinFast raises $4 bn to develop EV factory in North Carolina

Vietnam-based EV carmaker VinFast has signed agreements with Credit Suisse and Citigroup Global Markets to raise at least $4 billion to develop an electric...

Tesla to lay off 229 employees, shuts San Mateo office

Electric-car maker Tesla is laying off 229 employees at its office in San Mateo, California, and is permanently shutting the office, a filing showed...