Tag:
EV
Electric Vehicle
India Unveils Scheme to Create E-Vehicle Manufacturing Hub
In a bid to position India as a premier destination for manufacturing electric vehicles (EVs) equipped with cutting-edge technology, the Union Government has approved...
Electric Vehicle
Electric Car Sales Surge, China Leads the Charge: IEA
According to a report from the International Energy Agency (IEA), the year 2023 witnessed a remarkable milestone in the automotive industry, with global sales...
Electric Vehicle
Indonesia Introduces New Incentives to Drive Electric Vehicle Adoption
In a bid to accelerate the adoption of electric vehicles (EVs) and bolster its domestic EV industry, Indonesia has unveiled a series of incentives...
Electric Vehicle
Stellantis to Invest $111 mn in Hungarian Facility for Electric Drive Module Production
Stellantis has announced an investment of 103 million euros ($111.02 million) in its Szentgotthard facility in Hungary. This investment aims to expand the production...
Electric Vehicle
Ford Adjusts EV Investment Strategy as Consumers are not Ready to Pay Premium Price
In response to shifting consumer trends towards hybrid vehicles and family SUVs, Ford announced plans to scale back investments in new Electric Vehicle (EV)...
Electric Vehicle
LG Electronics Opens Electric Vehicle Charging Factory in U.S.
LG Electronics (LG) has taken a significant step in bolstering its position in the electric vehicle (EV) charging solutions market with the inauguration of...
Electric Vehicle
EC probes to ascertain whether Chinese-made EVs benefit unfairly from state subsidies
European Commission investigators are gearing up to scrutinize Chinese automakers in the weeks ahead, according to a recent Reuters news report.
This investigation is part...
Electric Vehicle
Global Sales of EVs to Achieve 25-30% Growth in 2024: Rho Motion
Market research firm Rho Motion reports that global sales of fully electric and plug-in hybrid vehicles (PHEVs) witnessed a 31 percent increase in 2023,...