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LG Energy Solution cuts Capex as it expects poor EV demand

LG Energy Solution, which makes EV battery for Tesla, General Motors and Hyundai Motor, has revealed its financial performance for 2024 and guidance for 2025. LG Energy Solution will cut...

TVS Motor launches electric three-wheeler TVS King EV MAX

TVS Motor Company has launched India’s first Bluetooth-connected electric three-wheeler, the TVS King EV MAX, featuring TVS SmartXonnect technology. Designed for sustainable urban mobility, it...

Donald Trump revokes executive order targeting 50% EV target

US President Donald Trump revoked a 2021 executive order by Joe Biden targeting 50 percent of new vehicle sales to be electric by 2030....

Hyundai, Maruti Suzuki, and Tata Motors reveal EV plans at India Auto Show

Hyundai, Maruti Suzuki, and Tata Motors have unveiled plans aimed at addressing barriers to electric vehicle adoption, particularly the need for a robust charging...

Main facts about global EV market in 2025: Gartner report

The recent Gartner report has highlighted that EV shipments, including buses, cars, vans, and heavy trucks, are projected to grow by 17 percent in...

What’s the total size of EV market in 2024?

The latest report from Rho Motion has revealed the total size of the global electric vehicle (EV) market in 2024. Global sales of fully electric...

EV and ESS battery suppliers to push for price increase: TrendForce

TrendForce’s investigations show that the prolonged price decline in Chinese EV and ESS batteries in 2024 eased in the fourth quarter. EV and ESS battery...

How LG Energy Solution enables efficient energy storage

LG Energy Solution is offering innovative Energy Storage Systems (ESS) that redefine how energy is stored, managed, and utilized. ESS technology is a game-changer...

Mercedes-Benz EV sales drop 23% to 185,100 units

Mercedes-Benz faced a challenging year in 2024, with battery-electric vehicle (BEV) sales dropping 23 percent to 185,100 units amid overall declining core car sales. The...

Top 10 facts about EV export market in China

China Passenger Car Association (CPCA) has ranked China as the world's largest auto exporter ahead of Japan for a second consecutive year in 2024,...

LG Energy signs EV battery deal with Aptera Motors

LG Energy Solution has partnered exclusively with Aptera Motors Corp., a pioneer in solar electric vehicles, to supply 2170 cylindrical batteries from 2025 to...