Electric Vehicle
Ola Electric targets 4,000 EV charging points in 2022
Ola Electric is planning to install more than 4,000 charging points for its electric scooters across cities in next year.
In a tweet, Bhavish Aggarwal,...
Electric Vehicle
Rivian to set up $5 bn electric vehicle plant in Georgia
Rivian Automotive, an Amazon-backed electric vehicle startup, announced it is planning to set up a $5 billion plant in Georgia.
This will be Rivian Automotive’s...
Electric Vehicle
TVS Motor in pact with BMW’s Motorrad for EV business
India’s TVS Motor Company said it will develop electric vehicles (EV) with BMW’s motorcycle brand in India.
Start-ups like Ola Electric and Ather are ramping up...
Electric Vehicle
Carmakers to spend $515 bn on EV and battery business
Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis.
Less than three...
Electric Vehicle
Mahindra EV business taps Jio-bp’s charging and battery swapping technology
Mahindra Group has tied up with Jio-bp, a joint venture of Reliance Industries (RIL) and BP, to evaluate Jio-bp’s charging and battery swapping technology...
Electric Vehicle
Toyota to build $1.3 bn EV battery plant in North Carolina
Toyota Motor announced it is building a new $1.29 billion battery plant in North Carolina as it moves to expand its hybrid and electric...
Electric Vehicle
Lithium-ion battery pack prices drop 6% to $132/kWh
Lithium-ion battery pack prices have dropped 6 percent to $132/kWh in 2021 from $140/kWh in 2020, according to BloombergNEF (BNEF).
These prices are an average...
Electric Vehicle
Nissan to invest $17.6 bn for new EVs and battery tech
Auto maker Nissan said it will invest $17.6 billion (2 trillion Yen) in developing new EVs and battery technology over the next five years.
The...