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...
Electric Vehicle
Top Electric Vehicle makers in first half
BYD is the leading OEM selling electronic vehicle EVs. BYD sold 640,000 EVs (PHEVs and BEVs) in H1 2022 for a 15 percent market share....
Electric Vehicle
Wallbox buys EV charging company COIL to drive business in US
Wallbox, an EV charging and power management services provider based in Europe, announced the acquisition of COIL, an EV charging development services provider in...
Electric Vehicle
Hyundai sells 1 mn green cars since entry into EV business
Hyundai Motor Group’s cumulative sales of eco-friendly vehicles surpassed the 1 million mark in July, 13 years after its entry into the green-car market.
The...
Electric Vehicle
VinFast hiring 8,000 additional employees to boost production
Vietnam’s VinFast is looking to hire 8,000 more employees for its electric-vehicle plant in Vietnam as it ramps up production to deliver its first...
Electric Vehicle
BorgWarner to buy Rhombus in latest EV charging deal
Auto-parts maker BorgWarner is set to buy electric-vehicle charging provider Rhombus Energy Solutions.
BorgWarner said the enterprise value of the deal can go up to...
Electric Vehicle
Hero EV beats Okinawa, Ola and Ather in July
Hero Electric has emerged as the number one EV two-wheeler company in India in the month of July, beating Okinawa Autotech, Ola Electric and...