Honda announced on Monday plans to build an electric vehicle (EV) battery plant in the US with LG Energy Solutions. The two companies will spend up to $4.4 billion on the new plant, which is […]
As the race to produce EV batteries continues to heat up, General Motors and LG Energy Solutions are considering a fourth EV plant for their joint-venture company. Via reporting by Reuters, Ultium Cells is now […]
The Volkswagen Group and Indian automaker Mahindra and Mahindra are in exploratory talks over EVs in India. The potential deal would help Mahindra accelerate its plans to electrify. While for VW, the company would get […]
India’s largest SUV manufacturer, Mahindra & Mahindra, has been teasing their “Born Electric” campaign for some time, but it looks like all will come to a head in 16 days. The company dropped their biggest […]
Stellantis continued its momentum in 2021 by posting some impressive adjusted operating income for the first half of 2022. The company noted that in North America, they posted an 18.1 per cent margin. This is […]
Carlos Tavares, Stellantis CEO, stated he expects that a shortage of EV batteries and raw materials will be the norm in the coming years. He expects a shortage of EV batteries by 2024/2025 and raw […]
Last week, we reported that Indonesian President Joko Widodo planned to meet with Elon Musk. The meeting was going to discuss potential opportunities for Tesla to source nickel from the country. The meeting happened on […]
Hyundai released its March numbers, and although global sales are 17 per cent less than in 2021, EV sales are up 105 per cent. The March numbers are least to say interesting for the Korean […]
Jaguar has pledged to only sell electric cars by 2025. With that deadline looming, the automaker is struggling to get off the starting line with their first electric offering, the I-Pace. In 2021 Jaguar sold […]
Porsche now owns the world record for vertical distance covered by an electric vehicle (EV). In September, a team from Porsche AG broke the record in a Taycan Cross Turismo EV. The world record attempt […]
