Electric Vehicle

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...

Automakers to spend $515 bn on electric vehicles and batteries: Reuters

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...

Tesla opens charging network to other EVs for the first time

Tesla is opening its charging network to other electric cars for the first time with a pilot program in the Netherlands. Tesla, the world’s most...

GM to boost EV business with 40,000 charging stations in U.S., Canada

General Motors (GM) said it would install up to 40,000 electric-vehicle charging stations in the United States and Canada, as part of the automaker’s...