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...

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...

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,...

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...

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...

GM sold 200,000 electric vehicles in US, Tesla cuts price

General Motors (GM) announced that it sold 200,000 electric vehicles in the United States by the end of 2018. The 200,000 figure covers GM’s cumulative...

Norway electric cars market surges in 2018

Share of electric cars in Norway car market rose to 31.2 percent of all sales last year, from 20.8 percent in 2017 and 5.5...

Italy offers subsidies to boost green vehicle sale

Italy will offer subsidies of up to 6,000 euros or $6,820 to buyers of new green vehicles while slapping taxes on the purchase of...