Automakers need a start-up mindset to transform battery charging: StoreDot

A pioneer of extreme fast charging battery technology for electric vehicles, StoreDot claims to encourage global EV manufacturers to adopt more of a start-up mindset in o...

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Stellantis to invest $155 million for North American Electrification goals

Stellantis has announced that it will invest a total of $155 million in three facilities located in Kokomo, Indiana, US to produce new electric drive modules (EDM) that w...

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Geely's Zeekr raises US $750m funding for global development of EV solutions

China's largest private-owned automotive group Zhejiang Geely Holding Group (Geely Holding) has announced a USD 750 million A-Series fundraising at ZEEKR Intelligent Tech...

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Cenntro commences production of EV LFP Battery Packs in US and Germany

Electric commercial vehicle firm Cenntro has announced that it has begun to assemble and produce battery packs using lithium iron phosphate (LFP) battery cells, along with its...

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TVS Motor invests in Singapore-based E2W startup ION Mobility

One of India's leading two-wheeler maker TVS Motor Company has announced its association with ION Mobility (ION), the Singapore-based startup developing smart electric mo...

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OSM to set up JV with iM3NY for battery cells; new facilities for EV components

Indian EV maker Omega Seiki Mobility (OSM) has announced a joint venture with US-based battery tech firm iM3NY to bring battery cell technology in the Indian ma...

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Tesla investing $3.6b on Nevada for 100 GWh 4680 cell factory & semi-trucks

Tesla has announced a significant investment of US $3.6 billion to expand its first and quintessential gigafactory in Nevada, United States. The gigafactory's phase 2 expansio...

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Volkswagen Group delivered 26 percent more all-electric vehicles in 2022

The Volkswagen Group has revealed significant progress in its electric transformation in 2022. Despite supply constraints and temporary production stops, 572,100 all-electric ...

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Stellantis, Archer join forces to electric eVTOL aircraft

Automotive conglomerate Stellantis and American aviation firm Archer have mutually agreed to significantly expand their partnership by joining forces to manufacture the latter...

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Mahindra investing ₹ 10,000 crores for EV manufacturing facility in Pune

Indian automaker Mahindra and Mahindra (M&M) has announced that their investment of ₹ 10,000 Crore for electric vehicles has been approved under the Maharashtra Government...

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