Electric Vehicle
LG Energy to invest $567 mn to expand battery production in Korea
LG Energy Solution will invest 730 billion won ($567.76 million) to expand its production capacity at its Ochang production site in South Korea.
The South Korean...
Electric Vehicle
Nio to make self-developed EV battery packs
Electric-car maker Nio will start making EV battery packs in 2024, as part of a drive to improve profitability and competitiveness to take on rivals...
Electric Vehicle
US proposes standards for govt funded EV charging projects
The U.S. Transportation Department (USDOT) has proposed minimum standards and requirements for electric vehicle (EV) charging projects funded under a $5 billion government program,...
Electric Vehicle
Ford to invest $3.7 bn in Michigan, Ohio and Missouri in EV push
Ford Motor will invest $3.7 billion in assembly plants in Michigan, Ohio and Missouri for production of both electric and gasoline-powered vehicles, Reuters news...
Electric Vehicle
Elon Musk wants to cut 10% of Tesla jobs
Tesla CEO Elon Musk has a super bad feeling about the economy and needs to cut about 10 percent of jobs at the electric...
Electric Vehicle
National Grid taps ev.energy for EV charging software
National Grid announced its partnership with ev.energy, a provider of managed electric vehicle (EV) charging software, for expanding its Off-Peak Charging Rebate Program in Massachusetts.
The program...
Electric Vehicle
Samsung SDI- Stellantis JV to invest $1.3 bn in EV battery plant
South Korean battery maker Samsung SDI said it will be investing $1.29 billion to build an electric vehicle (EV) battery plant in the Indiana...
Electric Vehicle
Battery swapping powers EV charging business: IDTechEx
Battery swapping business is supporting the reduction in challenges from the traditional cable-based charging of electric vehicles (EVs), IDTechEx report said.
Swap-enabled vehicles across different...