China’s Higher EVs Sales Target Will Likely Be A Huge Challenge
China is looking to raise its target to have new energy vehicles (NEVs) account for 25 percent of all car sales in 2025, up from a previous target of ‘over Continue Reading
Mercedes-Benz Cars starts production of PHEV batteries in Bangkok; 3rd plant in global battery production network
Mercedes-Benz Cars has opened a factory for plug-in hybrid (PHEV) batteries in the Bangkok region in Thailand. The new battery factory was built on a 50,000 m² site located at Continue Reading
GM, LG Chem to announce EV battery joint venture in Ohio
South Korea’s LG Chem ( 051910.KS ) said on Thursday it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture Continue Reading
Hyundai Motor eyes thrust on electric vehicles in $52 billion investment plan
Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, the company said on Wednesday, with a third of the expenditure focused on electric and Continue Reading
3 Game Changing Electric Vehicle Technologies
Millions of electric cars are to hit the market next year as every self-respecting carmaker submits its lineup of plug-in vehicles for the environmentally conscious. Sales forecasts for these electric Continue Reading
Ford Stock Climbs On Electric-Mustang Hype
For the first time in over half a century, Ford’s Mustang lineup is getting an addition . The electric vehicle revolution continues to build as legacy automakers are making their Continue Reading
Musk Claims Cybertruck Orders Have Surpassed 200,000
A total of 200,000 orders have been placed for Tesla’s latest model, the Cybertruck, which came as a surprise to many not least because of its departure from the Tesla Continue Reading
DHL to debut zero-emission electric delivery vans in U.S. cities
Deutsche Post DHL Group’s StreetScooter electric vehicle unit will enter the U.S. market next year as delivery firms and municipalities work to cut greenhouse gas emissions. o DHL will debut Continue Reading
China’s electric vehicle market to see sales rebound next year, executives say
China’s new energy vehicle (NEV) market is likely to see a sales rebound next year as automakers roll out more new products to lure buyers, but more supportive government policies Continue Reading
Tesla unveils its Cybertruck electric pickup
At a livestreamed event in Los Angeles, Elon Musk unveiled his company’s latest creation, the electric pickup Cybertruck. The idiosyncratically designed truck will come in three powertrain versions: single-motor RWD; Continue Reading