Electric Vehicle
Toyota and Panasonic form EV battery venture for global markets
Toyota Motor and Panasonic announced they will set up a 51-49 percent joint venture next year to make electric vehicle (EV) batteries.
The joint venture...
Electric Vehicle
BHEL and Libcoin to build 1GWh lithium-ion battery plant
BHEL and Libcoin are planning to form a joint venture to initially build 1GWh lithium-ion battery plant in India.
The capacity of India’s first Lithium-ion...
Electric Vehicle
Toyota and Panasonic may ink JV to produce EV batteries
Toyota Motor and Panasonic are set to launch a joint venture next year to produce batteries for electric vehicles (EV), Reuters reported.
The 51-49 joint...
Electric Vehicle
Tesla to cut thousands of jobs to reduce costs
Tesla announced on Friday it would cut thousands of jobs to reduce costs as it plans to hike production of lower priced versions of...
Electric Vehicle
BHEL to set up solar-based EV chargers
Bharat Heavy Electricals (BHEL) will set up a network of solar-based electric vehicle chargers (SEVC) on the Delhi-Chandigarh highway.
“The establishment of EV chargers at...
Electric Vehicle
Corporate investments in EV startups
Corporations across industries - auto, energy, electronics, aerospace, telecom - have invested in startup companies engaged in various aspects of automotive electrification, including batteries,...
Electric Vehicle
Volkswagen to invest $800 mn to build electric vehicle in Tennessee
Volkswagen will be investing $800 million to build a new electric vehicle at its plant in Chattanooga, Tennessee.
The German automaker said in an announcement...
Electric Vehicle
LG Chem to invest $1.07 bn to expand battery plants in China
South Korea’s LG Chem plans to invest 1.2 trillion won or $1.07 billion to expand its two battery plants in China by 2020, Reuters...