Electric Vehicle
EV maker Nio plans 4,000 battery swapping stations globally in 2025
Chinese electric vehicle maker Nio plans to set up 4,000 battery swapping stations globally in 2025.
The company, which makes premium electric cars, aims to...
Electric Vehicle
LG Chem to invest $13.7 bn in EV battery business in South Korea
LG Chem and its battery subsidiary LG Energy Solution (LGES) plan to invest a combined 15.1 trillion won ($13.17 billion) in South Korea this...
Electric Vehicle
SK Innovation to enhance battery production capacity to 200 GWh
South Korea’s SK Innovation aims to enhance its battery production capacity to 200 gigawatt-hours (GWh) in 2025, up 60 percent from its previously announced...
Electric Vehicle
BP makes $7 mn investment in electric vehicle charging firm IoTecha
BP Ventures has invested $7 million in smart electric vehicle (EV) charging firm, IoTecha, leading a $13.2 million investment round.
IoTecha’s technology connects EV chargers...
Electric Vehicle
GM plans to build two additional EV battery plants in US
General Motors (GM) on Wednesday boosted its spending on electric and autonomous vehicles, pulled ahead plans for two U.S. battery plants, Reuters reported.
The No....
Electric Vehicle
Foxconn invests $36 mn in Gigasolar to develop EV battery materials
Taiwan’s Foxconn said a subsidiary has invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials.
Foxconn, Apple’s (AAPL.O) main iPhone maker, said...
Electric Vehicle
India needs 400,000 EV charging stations
India needs about 400,000 charging stations to power two million Electric Vehicles (EV) that could potentially run on its roads by 2026, the Grant...
Electric Vehicle
Latest annual Electric Vehicle Outlook from BloombergNEF
The global sale of zero-emission cars is forecast to increase from 4 percent of the market in 2020 to 70 percent by 2040.
Leaders like...