Electric Vehicle

U.S. unveils $5 bn plan to fund EV charging network

The Joe Biden administration has unveiled its plan to award nearly $5 billion over five years to build electric vehicle (EV) charging stations. Congress approved...

Ford to make new investment of up to $20 billion in EV push

Ford Motor is planning additional investment of up to $20 billion in building its electric vehicles (EV), Bloomberg News reported. Ford Motor’s investment of $10...

India to introduce new battery swapping policy in EV push

India will introduce a new policy for battery swapping to boost sales of electric vehicles (EVs), its finance minister said on Tuesday. Prime Minister Narendra...

Ather to hike electric scooter manufacturing capacity

Ather Energy, India’s leading electric scooter maker by revenue, is raising funds to enhance production to one million scooters over the next three years...

EV makers urge India govt to ease PLI norms, expand charging infra

Leading electric vehicles (EV) startups said that the India government should introduce standardised EV charging infrastructure and ease norms for EV manufacturing under the...

Forecast on electric cars indicate 6 mn in 2022: Gartner

Six million electric cars (battery electric and plug-in hybrid) will be shipped in 2022 vs 4 million in 2021, according to a research report...

ABB buys controlling stake in EV charging firm InCharge Energy

ABB has acquired a controlling stake in U.S-based InCharge Energy, which specializes in electric vehicle (EV) commercial charging infrastructure. The maker of industrial automation and factory...

Will GM’s $7 bn EV investment in Michigan take on Ford, Tesla

General Motors said it will make an investment of $7 billion in Michigan, mainly aimed at enhancing production of full-size electric pickups. Rival Ford Motor...