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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Mahindra to invest ₹12,000 crore in EV unit, unveil new lineup from year-end

India's Mahindra & Mahindra announced it would invest ₹12,000 crore in its electric vehicles unit and launch a range of new EVs next year.  M&M currently offers only o...

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M&M evaluates giga factory in India, signs supply agreement for Volkswagen EV platform

Indian auto maker Mahindra & Mahindra (M&M) is considering whether to open a battery plant in India, group CEO and MD Anish Shah told reporters. "We are going to look at… o...

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Stellantis to invest €103 mn to support new EV platform

Image: Stellantis

Stellantis announced it would invest €103 million to increase production capacity of electric drive modules (EDMs) at its Szentgotthard plant, Hungary. The new capacity is expected...

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