Electric Vehicle
Forecast on what’s size of public EV charging pile market
Global public EV charging pile deployment faces challenges like land availability, grid planning, and a slowdown in the New Energy Vehicle (NEV) market.
The growth rate for 2024 is projected...
Electric Vehicle
Xiaomi aims high in EV market, targets 130,000 deliveries for 2024
Xiaomi Corporation has revised its electric vehicle (EV) delivery target for 2024 to 130,000 units, reflecting a surge in demand for its debut EV,...
Electric Vehicle
LG Energy Solution and Bear Robotics Collaboration
LG Energy Solution has signed an MoU with Bear Robotics, becoming the exclusive supplier of cylindrical battery cells (2170) for Bear Robotics’ flagship products,...
Electric Vehicle
India investigates Ola Electric over service and product standards
India’s consumer affairs secretary has revealed that the Bureau of Indian Standards will investigate Ola Electric over service and product standards. This follows a...
Electric Vehicle
VinFast to receive $3.35 billion in funding
VinFast announced a funding injection of 85 trillion dong ($3.35 billion) from its founder Pham Nhat Vuong and parent company Vingroup.
About 50 trillion dong...
Electric Vehicle
Foxconn reveals plans in solid-state battery manufacturing business
Foxconn has established a new company, Foxconn New Energy Battery (Zhengzhou), in Henan, China, dedicated to battery manufacturing, sales, and R&D in automotive components.
Foxconn’s...
Electric Vehicle
How Ola Electric is addressing service issues amid EV demand
Ola Electric said it faced a capacity issue at service centres because service capacity growth lagged sales volume growth over the 2-3 quarters.
Ola Electric...
Electric Vehicle
Rivian signs EV battery deal with LG Energy
LG Energy Solution’s (LGES) subsidiary in Arizona has signed a battery supply agreement with U.S.-based electric vehicle (EV) manufacturer Rivian.
Under the contract, LGES will...
Electric Vehicle
Can Xiaomi’s SU7 Ultra, priced at $114,000, take on Tesla and Porsche?
Xiaomi has unveiled a high-performance luxury version of its SU7 electric sports car, the SU7 Ultra, priced at $114,000. This model challenges Tesla and...
Electric Vehicle
List of Chinese electric vehicles that face EV tariffs in Europe
The European Union will impose additional tariffs of up to 45.3 percent on Chinese electric vehicles (EVs), concluding a year-long anti-subsidy investigation. Tesla faces...
Electric Vehicle
EV charging software company Monta plans US expansion
Danish EV charging software company Monta has opened its U.S. headquarters in Miami, planning to employ 30 staff, including CEO Casper Rasmussen, by 2025.
Monta...