Stellantis is joining forces with China’s Contemporary Amperex Technology Co. Limited (CATL) to establish an electric vehicle (EV) battery plant in Europe. The proposed joint venture aims to establish a gigafactory in Europe dedicated to […]
Ford is resuming construction but adjusting its plans for a $3.5 billion battery plant in Michigan. Originally unveiled in February, Ford paused construction of the facility in September, and now it is being scaled back […]
Fisker’s Q3 2023 report is out, and the EV startup reported increased production and deliveries of its Ocean EV. However Fisker also slashed its production guidance again to less than half of its original estimate, […]
Volvo has officially announced the electric EM90 minivan. The EM90 will only be available in China at launch, and is expected to come with a driving range of up to 450 miles (724km) using the […]
The joint venture between Ford, South Korea’s LG Energy Solution (LEGS), and Turkey’s Koc Holding, which aimed to establish a major EV battery cell facility near Ankara, Turkey, has come to an end. The three […]
India is contemplating a reduction in import duties for electric vehicles (EVs), as Tesla’s plans to set up a manufacturing plant in the country continue to evolve. According to a report from the Financial Times, […]
In response to market challenges, Polestar has retooled its business plan, announcing more conservative delivery estimates for 2023 and unveiling a series of measures aimed at enhancing efficiency and profitability. The company, in its third-quarter […]
Stellantis has made a substantial bet on Leapmotor by investing €1.5 billion (C$2.1 billion) in the Chinese new energy vehicle (NEV) manufacturer. The investment gives Stellantis approximately 20% equity in Leapmotor, and establishes the formation […]
General Motors (GM) is making some significant adjustments to its electric vehicle (EV) plans. The company has decided to slow the launch of several EV models and cut back on EV product spending in an […]
SpaceX has engaged in a dispute with the Federal Aviation Administration (FAA) over a report to Congress that raised concerns about the risk of Starlink satellite debris falling to Earth. The aerospace company alleges that […]
