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

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 posts record sales in China, buys German EV distributor to bolster European presence

Chinese electric vehicle (EV) maker BYD announced it will buy Hedin Electric Mobility (HEM), one of the companies that distributes its EVs in Germany, as part of the Chinese compan... Read More

General Motors, Samsung SDI agree on $3.5 billion, 36 GWh EV battery cell plant in Indiana, USA

Samsung SDI and General Motors have finalized their agreement for a joint venture factory to supply electric vehicle (EV) batteries in the United States. The joint venture plant wi... Read More

US awards $521 million in grants for EV charging, alternative-fueling infrastructure across 29 states

The US government has awarded $521 million in funds for building electric vehicle (EV) charging and alternative-fueling infrastructure nationally. The grants, made possible by the ... Read More

Canada follows US, Europe in imposing higher tariff on EVs from China

Canada has imposed a 100 percent tariff on electric vehicles (EVs) imported from China, while also levying a 25 percent tariff on steel and aluminum imported from the Middle Kingdo... Read More

Ford shifts electric vehicle strategy to lower-cost models, delays major launches to 2027

Ford Motor is shifting the focus of its electric vehicle ambitions. The Michigan-based company has decided to focus on lower-cost models with a different make and reduced its EV in... Read More

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 ... Read More

Lamborghini anounces next hybrid as company prepares for shift to all-electric vehicle line

Lamborghini's next supercar is going to be a hybrid. The Italian company has retired its 5.2-liter V10 petrol engine in favor of a plug-in hybrid vehicle that will succeed its Hura... Read More

Foxconn considering BESS plant in Tamil Nadu, electric vehicle plant in India

Foxconn, the company which assembles the iPhone, plans to set up a battery energy storage system (BESS) unit in India, its chairman Young Liu said. Talking to reporters in Sriperum... Read More

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

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... Read More
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