Browsing: Business

Chinese smartphone giant Xiaomi’s electric vehicle (EV) unit, Xiaomi EV, has revealed plans to establish a hybrid sales system encompassing…

Hubject, a key player in the electric vehicle (EV) charging infrastructure sector, has unveiled a three-tiered premium service structure for…

Electric vehicle manufacturer Nio has refuted recent reports suggesting additional staff reductions, asserting that the company has no intentions of…

Nio is reportedly contemplating the spin-off of its battery manufacturing unit as part of a strategic move to achieve profitability,…

Rolls-Royce, a prominent British aerospace company, has announced its decision to divest its electric jet engine unit, signaling a strategic…

Lion Electric, a player in the electric vehicle industry, has unveiled plans for a workforce reduction as part of its…

Tesla has initiated legal action against the Swedish government’s Transport Agency, citing a workers’ strike that has impeded the issuance…

Berlin-based electric scooter manufacturer Unu has submitted an application for insolvency, citing factors such as increased material and transportation costs,…

McDonald’s, in partnership with Izivia, a subsidiary of EDF, plans to install 2,000 high-power charge points across 700 of its…

New York Governor Kathy Hochul announced a substantial increase in the state’s EV “make-ready” program budget from $701 million to…

Gotion GmbH, the German subsidiary of Chinese battery manufacturer Gotion High-tech, has recently inked a memorandum of understanding (MOU) with…

South Korean steel conglomerate Posco is gearing up for a substantial expansion of its production capacities for motor cores and…