Electric Vehicle
US finalizes $9.63 bn loan for battery manufacturing plants of Ford Motor-SK On
The U.S. Department of Energy (DOE) has finalized a $9.63 billion loan to BlueOval SK, a joint venture between Ford Motor Company and South...
Electric Vehicle
Donald Trump’s transition team proposes policy changes for EVs industry
U.S. President-elect Donald Trump’s transition team has proposed significant changes to federal policies on electric vehicles (EVs), aiming to reduce support for EVs and...
Electric Vehicle
Stellantis and CATL to build €4.1 bn EV battery plant in Spain
Stellantis and Chinese battery giant CATL have announced a €4.1 billion ($4.33 billion) joint venture to establish electric vehicle (EV) battery factory in Zaragoza,...
Electric Vehicle
EV traction inverter shipments reach 6.87 mn in Q3 2024, led by China
TrendForce’s latest analysis reveals a global shipment of 6.87 million EV traction inverters in Q3 2024, marking a 7 percent quarter-on-quarter (QoQ) growth.
However, this...
Electric Vehicle
BYD strategies to take on rivals in electric vehicle business
The latest Reuters news report has indicated the strategies of BYD to sell more than 4 million electric vehicles in 2024 and 5-6 million...
Electric Vehicle
Five facts about global EV market in Q3 2024
TrendForce’s latest research report has revealed five key facts about the global EV market during the third-quarter of 2024.
Sales of new energy vehicles (NEVs)...
Electric Vehicle
EV News: XCharge, Autel Energy
Technology companies such as XCharge, Autel Energy, among others, announced their latest EV news in the electric vehicle industry.
XCharge North America and Grensol Group...
Electric Vehicle
BYD asks suppliers to cut prices amid intensifying EV price war
Chinese EV automaker BYD has reportedly called on its suppliers to reduce prices, signaling a further escalation in the ongoing price war in the...