Electric Vehicle
Shell, BP, TotalEnergies, Repsol deploy fast-charge points across gas stations
Major European oil and gas companies such as Shell, BP, TotalEnergies, and Repsol are deploying fast-charge points across gas stations to retain motorists switching...
Electric Vehicle
LG Energy to build $1.4 bn EV battery plant in Arizona
LG Energy Solution, a supplier for electric car makers Tesla and Lucid, said it plans to invest 1.7 trillion Korean won ($1.4 billion) to...
Electric Vehicle
Global lithium-ion battery capacity may rise five-fold
Global lithium-ion battery capacity may increase over five-fold to 5,500 gigawatt-hour (GWh) by 2030 from 2021, consultancy Wood Mackenzie said on Tuesday.
The report said...
Electric Vehicle
Posco to invest $4 bn in lithium project in Argentina
South Korean steelmaker Posco said it will invest $4 billion in a new lithium mining project in Argentina, as the company seeks to tap into...
Electric Vehicle
Suzuki Motor to invest $1.3 bn for electric vehicle production in India
Japan’s Suzuki Motor plans to invest about 150 billion yen ($1.26 billion) to produce electric vehicles and batteries in India.
Japanese Prime Minister Fumio Kishida is...
Electric Vehicle
Reliance, Ola Electric win incentives in India’s $2.4 bn battery scheme
Reliance Industries (RIL) and Softbank Group-backed Ola Electric will receive incentives under India’s $2.4 billion program to boost local battery cell production after winning a tender, Reuters...
Electric Vehicle
Ford Motor to boost spending on electric vehicles to $50 bn
Ford Motor said it will boost spending on electric vehicles to $50 billion, up from the previous $30 billion, through 2026 and run its...
Electric Vehicle
Mercedes-Benz to double EV sales in 2022
Mercedes-Benz aims to double its electric vehicle sales in 2022 and expand its electrified car footprint in relevant markets worldwide, Chief Executive Ola Kaellenius said...