Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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....
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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,...
Electric Vehicle
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...