Electric Vehicle

Hyundai Motor to invest $50 billion in South Korea

Hyundai Motor Group said on Tuesday it plans to invest 63 trillion won ($49.86 billion) in South Korea through 2025 to strengthen its competitiveness...

Auto makers will invest $515 bn in EV-related tech and manufacturing

Auto OEMs are forecast to invest an estimated $515 billion in EV-related technologies and manufacturing plant upgrades over the next 5 to 10 years,...

Hyundai plans to invest $16.5 bn in EV business in Korea

Hyundai Motor plans to invest a total of 21 trillion won ($16.54 billion) through 2030 for the expansion of its electric vehicle (EV) business...

REE Automotive to build commercial EV plant in UK’s Coventry

REE Automotive, which develops rolling chassis for commercial electric vehicles (EVs), will build an assembly plant in the British city of Coventry to supply...

FreeWire launches DC fast charging Boost Charger 200

FreeWire Technologies has launched its DC fast charging offering, the Boost Charger 200 -- ahead of Advanced Clean Transportation (ACT) Expo in Long Beach,...

City of Portland taps EVgo to deploy EV charging infrastructure

EVgo, a charging network for electric vehicles (EVs), announced its deal with the City of Portland to deploy electric vehicle charging infrastructure on city-owned...

Renault plans to create separate electric vehicle business

Carmaker Renault said it is studying the option of creating two separate entities to manage a major shift towards electric vehicle business. Renault sold 552,000 vehicles...

Volkswagen to build 800,000 electric cars this year

Volkswagen is planning to build 800,000 electric cars this year and 1.3 million in 2023, the carmaker said on Thursday, as it works towards...