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...
Electric Vehicle
IndianOil installs 1,000 EV charging stations
IndianOil has installed more than 1,000 electric vehicle charging stations (EVCS) across the country.
“With the successful deployment of over 1,000 EV charging points, we...
Electric Vehicle
Okinawa starts new manufacturing unit with three lakh EV capacity
Electric two-wheeler manufacturer Okinawa Autotech has started operations at its second manufacturing unit in Bhiwadi, Rajasthan.
The EV vehicle maker aims to manufacture close to...