Electric Vehicle
Semcorp to invest $916 mn to make EV battery components in Ohio
Semcorp, a Shanghai-based producer of electric vehicle battery components, plans to invest $916 million in a manufacturing plant in Sidney, Ohio.
The facility will make...
Electric Vehicle
Ola beats Hero and Okinawa in e-scooter market in April
Ola Electric is the leader in the electric vehicle (EV) market in India, in five months of launching its first e-scooter, according to the...
Electric Vehicle
U.S. to spend $3 bn on EV battery manufacturing
The Biden administration will allocate more than $3 billion in infrastructure funding to finance electric vehicle (EV) battery manufacturing, U.S. officials said on Monday.
The...
Electric Vehicle
Volkswagen and BP launch EV charging network
Volkswagen and BP have launched their partnership to boost the adoption of electric vehicles (EVs) across Europe, unveiling the first charger in Dusseldorf, Germany.
The...
Electric Vehicle
Ola to recall 1,441 e-scooters after fire incident
Softbank-backed Ola Electric said on Sunday it will recall 1,441 of its electric scooters, weeks after one of its vehicles caught fire, prompting a government...
Electric Vehicle
Japan aims for 20% share of global battery market
Japan is aiming for a 20 percent share of the global rechargeable battery market in 2030 by boosting global output capacity at Japanese companies...
Electric Vehicle
Tesla earns $3.3 bn profit on revenue of $18.7 bn in first quarter
Elon Musk-run Tesla has earned $3.3 billion profit on revenue of $18.7 billion in the first quarter this year despite ongoing supply chain challenges...
Electric Vehicle
Hero Electric and Bolt to set up 50,000 charging stations in India
Electric two-wheeler company Hero Electric has partnered with EV infrastructure provider Bolt to set up 50,000 charging stations in India in the next one...