As shift to EVs matures, Volkswagen considers first plant closure in Germany

Image: Pexels

Volkswagen, on a cost-cutting drive as it transitions away from fossil-fuel vehicles, is considering whether it should close factories in Germany – a first since the company was fo...

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EVs in the US: half of sales by 2030, more charging stations than fuel pumps by 2032

The US is likely eight years away from completely tipping over into electric vehicle territory. EVs will account for 48 percent of new passenger vehicle sales by 2030 according to ...

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US grants more funds to retool small and mid-size conventional auto plants to make EVs, EV components

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The US government has announced $50 million to six states possessing significant automotive communities (largely down its central belt) to help their small and medium-sized automot...

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As BYD inches closer to Mexico plant, company eyes foray into Canada market

BYD is looking to enter the Canadian passenger vehicle market, according to a regulatory document the Chinese electric vehicle maker filed in July. Documents filed with authorities...

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First batch of Stellantis-Leapmotor JV EVs -- an SUV and a hatchback -- are headed to Europe

Image: Stellantis

The first batch of electric vehicles from Leapmotor International, the 51:49 joint venture between European carmaker Stellantis and Chinese EV manufacturer Leapmotor, have been shi...

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FM bypasses EVs in Budget; abolishes duty on critical minerals to support domestic refining

Union Finance Minister Nirmala Sitharaman delivered a mixed bag for the country's auto and electric mobility industry, by avoiding specific, new measures for either the traditional...

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India’s e-mobility roadmap calls for research into EV cells, charging and supply chain

India can achieve leadership position in the e-mobility sector within five years, according to a government report that outlines measures needed to make the country a powerhouse in...

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US DOE offers $1.7 bn to retool closed auto plants into EV and component units

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The US Department of Energy (DOE) announced $1.7 billion in funding support for auto companies to convert 11 closed or at-risk auto units to manufacture electric vehicles and their...

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IESW 2024: CES-Shakti Foundation unveil imperatives for a robust supply chain

The second day of the India Energy Storage Week 2024 saw Customized Energy Solutions and Shakti Foundation unveil their findings from stakeholder consultations on Indian EVs a...

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IESW 2024: Plenary session offers ways to accelerate India's mobility transition

The plenary session of IESW.

The plenary session on Day 1 of India Energy Storage Week 2024 -- dedicated to EVs -- was on the topic 'way forward to accelerate e-mobility, manufacturing, R&D and s...

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GM sticks to EV transition plan, all-electric lineup by 2035 likely

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General Motors is sticking to its plan for an all-electric vehicle lineup by 2035, a company spokesperson told reporters after news that the Detroit-based automaker might attempt a...

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What EU tariffs will do to trade with China

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Imports of Chinese electric vehicles to Europe would drop 25 percent if the continent imposed a 20 percent import tariff on vehicles from the Middle Kingdom, according to a report ...

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Honda unveils EV pivot: $65 bn spend, seven new models using F1-developed technology by 2030

Honda announced it will double its investment in EVs to $65 billion and launch seven new electric models by 2030, as the Japanese company moves to catch up with industry biggies su...

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US alleges Chinese dumping, levies stiff tariffs on EVs, Li-ion batteries

The US announced new levies on $18 billion worth of Chinese imports, largely in the clean energy space, including a 100 percent tax on Chinese electric vehicles imported into the c...

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Fast Forward: Accelerting India's mobility revolution

From extending consumer incentives to launching schemes to attract foreign electric vehicle makers to India, the government has left no stone unturned to make EVs a smart...

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World Bank working on proposal for $1 bn support to India's BESS, e-mobility sectors

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The World Bank and State Bank of India (SBI) are in talks for a $1 billion line of credit to aid the country's energy transition, according to media reports. The funds will support...

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From clean energy to clean cooking, Modi outlines vision for rooftop solar + battery installations

Image Courtesy: NarendraModi.in

The Government of India will announce a package to make the country atmanirbhar in the battery domain, Prime Minister Narendra Modi announced. Speaking at the Bharat Mobility event...

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EIB approves €4.3 bn in transition funding, including €805 mn for clean power

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The European Investment Bank (EIB) has announced approval for €4.3 billion of new financing to upgrade the region's transport and energy distribution, besides expanding energy stor...

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JLR partners with Allye to develop mobile BESS using second-life batteries

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Tata owned Jaguar-Land Rover announced it had partnered with energy storage start-up Allye Energy to create a mobile battery energy storage system (BESS) using repurposed batteries...

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Has India's new EV policy piqued Tesla's interest? Musk is coming to meet Modi

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India's new EV manufacturing policy is likely to pay a quick dividend. Elon Musk announced that he would be visiting the country to meet Prime Minister Narendra Modi. "Looking forw...

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Renault, Nissan put India center stage, look to redraw their EV rollout plan

The Renault Nissan Technology and Business Center India at Chennai, seen here, will become one of the main centers of excellence for the alliance’s work in digital, artificial intelligence, human-machine interface and connectivity areas. Image: RNTBCI

Renault and Nissan last week revealed plans to relook at their India strategy, including previously decided plans for launching electric vehicles in the country. The companies stre...

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Northvolt breaks ground on 60 GWh capacity German giga factory

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Northvolt announced the company had started construction of its battery giga factory "Northvolt Drei" in Germany. Europe had battled to keep the factory within its borders, after t...

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BYD marks seven millionth New Energy Vehicle, becomes first to the mark

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BYD, the world's biggest new energy vehicle (NEV) company, produced its seven millionth NEV car on March 25, becoming the first company to cross the milestone. The target was achie...

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US unveils strictest car emission norms to boost EV offtake

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US President Joe Biden announced the country's strictest vehicle exhaust emissions regulations as part of attempts to accelerate the transition to electric vehicles. The new norms ...

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TVS Motor increases stake in ION Mobility through Singapore subsidiary

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India's TVS Motor Company announced it had increased its stake in Southeast Asian e-mobility player ION Mobility last week. In a stock exchange filing, the company said, "We would ...

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India unveils new EV policy to make country a global manufacturing hub

A Tesla employee makes cars a the company's Fremont factory in USA. Image: Tesla

India has approved a scheme to promote the country as a manufacturing destination for electric vehicles, a release on the Press Information Bureau, the country's government news se...

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India cuts royalties for mining 12 critical minerals, including Vanadium

India's Cabinet has approved new royalty rates for mining of 12 critical and strategic minerals -- Beryllium, Cadmium, Cobalt, Gallium, Indium, Rhenium, Selenium, Tantalum, Telluri...

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India to launch second tranche of auction of critical and strategic mineral blocks

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India will launch the second tranche of auction of critical and strategic mineral blocks on February 29, the government informed in a press release. Union Minister of Coal, Mines &...

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BYD Americas chief says Mexico plant by year end, but no plans for exports to USA

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Chinese electric vehicle giant BYD has no plans of selling its passenger EVs in the US and finds the market "complicated" and "confusing", the CEO of its Americas operation said. S...

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US DoE announces $710 mn in loans to EV tech makers

Image: US Department of Energy

The US Department of Energy announced it has issued preliminary approval for nearly $710 million in loans to companies manufacturing electric vehicle (EV) components. The lion's sh...

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