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...

Read More

BYD begins production of electric supercar that's faster than a Ferrari

Image: BYD

China's BYD, maker of some of the cheapest electric vehicles on the market, is heading upmarket with a vengeance. The company has begun manufacturing its first electric supercar, r...

Read More

What EU tariffs will do to trade with China

Image: Pexels

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 ...

Read More

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...

Read More

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...

Read More

BYD takes aim at US market, evaluating EV plant in Mexico

Image: Business Wire

Chinese battery and electric vehicle powerhouse BYD is preparing to set up an EV factory in Mexico, the head of its Mexican operations told reporters. The company has launched a fe...

Read More

Daily Shorts: US renewable projects run into 3-year transformer wait, VW promises cheap EV, and more

America's power sector is grappling with a transformer shortage. US renewable energy project developers who are setting up grid-scale RE and energy storage systems say critical com...

Read More

Lithium demand slows as EV momentum falls, but miners stay bullish

Greenbushes in Western Australia, the world's largest lithium mine. Image courtesy: IGO

Albemarle, the world's largest lithium miner and among the largest suppliers of the mineral to EV battery makers, reported lower-than-expected quarterly profit and cut its annual f...

Read More

Daily Shorts: Portugal readies offshore wind auction, Thailand crops EV subsidy, and more

Thailand has approved a new subsidy package for the country's booming electric vehicle industry, but decreased individual subsidy amount by 33 percent, citing strong momentum in th...

Read More

Daily Shorts: Subaru ups EV sales target, VW eyes Leapmotor platform and more

Image: Subaru

Japan's Subaru announced it will target sales of 600,000 electric vehicles a year by 2030, or half the company's annual sales. The company also announced plans to invest $10.5 bill...

Read More

Daily Shorts: Thyssenkrupp moves to decarbonize its steel, Iberdrola sells wind farm stake to Masdar

German industrial major Thyssenkrupp will invest around €3 billion to set up a green steel plant in Duisburg, the German government announced. Over €2 billion of that includes gove...

Read More

Lamborghini buyers can only book hybrids from now on

Lamborghini unveiled its first hybrid model, the Revuelto, in March this year. Image: Lamborghini

Lamborghini buyers can no longer buyer the conventional, internal combustion models, because those are completely sold out, the company's CEO told the German newspaper Die Welt. "O...

Read More

Tesla chalks up more wins: Volvo signs up, VW starts talks

Tesla's charging standard has attracted carmakers such as Ford, GM and Volvo. Now, Volkswagen Group is in talks to deploy NACS connectors on its North American models. Image: Tesla

Volkswagen has confirmed the group is in talks with Tesla to adopt the latter's charging port, making it the first German carmaker to discuss the possibility. "Volkswagen Group and...

Read More

Volkswagen AG, Govt. of Canada explore opportunities in the EV battery supply chain

German automaker, Volkswagen AG (Volkswagen), on Tuesday (August 23) signed a Memorandum of Understanding (MoU) with the Government of Canada to promote electric mobility...

Read More

The Big Shift: Volkswagen's big plans for EVs, battery & charging infra

Volkswagen's Power Day signals that traditional automakers are fast catching up with EV behemoth Tesla. Could the German automaker surpass Tesla's EV sales by 2025? Probably, and i...

Read More
arrow_upward