Electric Vehicle

TVS Motor in pact with BMW’s Motorrad for EV business

India’s TVS Motor Company said it will develop electric vehicles (EV) with BMW’s motorcycle brand in India. Start-ups like Ola Electric and Ather are ramping up...

Carmakers to spend $515 bn on EV and battery business

Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis. Less than three...

Mahindra EV business taps Jio-bp’s charging and battery swapping technology

Mahindra Group has tied up with Jio-bp, a joint venture of Reliance Industries (RIL) and BP, to evaluate Jio-bp’s charging and battery swapping technology...

Toyota to build $1.3 bn EV battery plant in North Carolina

Toyota Motor announced it is building a new $1.29 billion battery plant in North Carolina as it moves to expand its hybrid and electric...

Lithium-ion battery pack prices drop 6% to $132/kWh

Lithium-ion battery pack prices have dropped 6 percent to $132/kWh in 2021 from $140/kWh in 2020, according to BloombergNEF (BNEF). These prices are an average...

Nissan to invest $17.6 bn for new EVs and battery tech

Auto maker Nissan said it will invest $17.6 billion (2 trillion Yen) in developing new EVs and battery technology over the next five years. The...

EV scooter maker Ather Energy starts second manufacturing facility

Ather Energy, India’s leading EV scooter brand, has commissioned its second manufacturing facility in Hosur to cater to the growing demand of its electric...

Active management of EV chargers is mission critical for energy utilities

Nearly all major auto manufacturers have announced plans to shift production to add many new models of all-electric vehicles (EVs) and fleets over the...