Electric Vehicle

Link EV Electric Vehicles plans $265 mn assembly plant in central Mexican state

Link EV Electric Vehicles, a unit of private U.S. energy company Citizens Resources, plans to build an assembly plant in the central Mexican state...

LG Energy Solution, GM to build $2.1 bn battery factory in U.S.

South Korea’s LG Energy Solution (LGES) plans to spend $2.1 billion with General Motors to build a U.S. electric vehicle (EV) battery plant. LGES and GM...

Panasonic to produce new EV batteries for Tesla

Panasonic is planning to produce new lithium-ion batteries as early as 2023 for Tesla that could increase the range of electric vehicles by up...

Top firms submit bids under India’s $2.4 bn EV battery scheme

Reliance Industries (RIL), Hyundai Motor and Mahindra & Mahindra, are among companies that have submitted bids under India’s $2.4 billion battery scheme, Reuters reported. India last year finalised an...

China announces 30% cut in new energy vehicle subsidy

China will cut its subsidies on new energy vehicles (NEV), such as electric cars, by 30 percent next year, the Finance Ministry said on...

Bajaj Auto plans Rs 300 crore EV manufacturing unit at Akurdi

Two-and-three wheeler manufacturer Bajaj Auto is planning to make an investment of Rs 300 crore for a new unit at Akurdi for manufacturing EVs. The...

Ola Electric targets 4,000 EV charging points in 2022

Ola Electric is planning to install more than 4,000 charging points for its electric scooters across cities in next year. In a tweet, Bhavish Aggarwal,...

Rivian to set up $5 bn electric vehicle plant in Georgia

Rivian Automotive, an Amazon-backed electric vehicle startup, announced it is planning to set up a $5 billion plant in Georgia. This will be Rivian Automotive’s...