Electric Vehicle

Ford Motor outlines plans to boost spending on EV

Ford Motor outlined plans to boost spending on its electrification efforts by more than a third and said it aims to have 40 percent...

SK Innovation, Ford Motor ink EV battery joint venture in N America

SK Innovation and Ford Motor announced they will form a battery joint venture in North America to support the No. 2 U.S. automaker’s electric vehicle rollout. The...

California regulator adopts EV mandate for Uber, Lyft ride-hail fleets

California’s clean air regulator -- California Air Resources Board (CARB) -- has adopted rules to mandate that nearly all trips on Uber’s and Lyft’s...

South Korean EV battery makers grab 31% share globally

Three South Korean electric vehicle (EV) battery makers accounted for 31 percent of the global market in the first quarter, but their share has...

EV sales soared 140% to 1.1 million vehicles in Q1: IEA

Global electric vehicle (EV) sales picked up speed in the first quarter, but more government action is needed on charging stations and fossil-fuel vehicle...

Jidu Auto plans $7.7 bn investment, to hire 3,000 employees

Jidu Auto, an electric vehicle venture between tech giant Baidu and automaker Geely, aims to invest 50 billion yuan or $7.7 billion for producing...

GM and LG Energy to build battery cell plant for $2.3 bn in Tennessee

General Motors and South Korean joint-venture partner LG Energy Solution will build a battery cell manufacturing plant for $2.3 billion in Spring Hill, Tennessee. The planned...

Spain offers $950 mn subsidy for electric car sales

The Spanish government has approved a plan to spend up to 800 million euros ($950 million) until 2023 to encourage electric car sales, the...