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...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...