Electric Vehicle

Luxury carmaker Rolls-Royce to switch to all electric range by 2030

Luxury carmaker Rolls-Royce said it will produce only electric cars by 2030, joining premium brands making the switch such as Volkswagen’s Bentley and Jaguar’s...

TotalEnergies inks EV venture with China Three Gorges in China

France’s TotalEnergies has signed an agreement with China Three Gorges Corporation to establish a joint venture in electric mobility in China. The venture will develop electric...

Ford, SK to invest $11.4 bn to add electric F-150 plant, three battery factories

Ford Motor and its Korean battery partner SK Innovation will invest $11.4 billion to build an electric F-150 assembly plant and three battery plants in the...

Geely to set up 5,000 battery swapping stations for EVs globally

China’s Geely said it aims to set up 5,000 battery swapping stations for electric vehicles (EV) globally by 2025. A battery swapping station allows drivers...

How electric vehicle (EV) segment will benefit from PLI scheme in India

India Government’s productivity linked incentive (PLI) scheme for auto and auto component industry will benefit the electric vehicle (EV) segment immensely, especially the two-wheelers,...

India may offer $3.5 bn incentives to auto companies to push EV business

India will give about $3.5 billion in incentives to auto companies over a five-year period under a revised scheme to boost the manufacturing and...

Toyota plans $13.5 bn investment to develop EV battery tech

Toyota Motor said it expects to spend more than $13.5 billion by 2030 to develop batteries and its battery supply system. The world’s largest automaker...

Connected EV charging points reached 1.6 mn in Europe and North America

The number of connected electric vehicle (EV) charging points in Europe and North America reached an estimated 1.6 million units in 2020, Berg Insight...