Browsing: Government
Abu Dhabi Government Fund Injects $1 Billion into NIO, Boosting Balance Sheet and Accelerating Business Expansion
Chinese electric vehicle (EV) company NIO has secured a significant investment of more than $1 billion from an Abu Dhabi…
China has officially launched its annual campaign to promote new-energy vehicles (NEVs) in rural areas. The Ministry of Industry and…
Yadea Group Holdings, a manufacturer of electric two-wheeled vehicles, has announced plans to invest approximately $1 billion in establishing an…
In a significant step towards its goal of achieving carbon-neutrality on the road by 2040, the Toronto Transit Commission (TTC)…
Chinese Lithium Battery Maker Eve Energy to Invest $1.4 Billion in Hungary Battery Plant
Eve Energy, a Chinese lithium battery manufacturer, has announced plans to invest over $1 billion in a battery plant in…
French Government Grants 5.6 Million Euros to VoltAero for Development of Cassio 330 Hybrid Aircraft
VoltAero, a domestic hybrid aircraft developer, has received a substantial grant of 5.6 million euros from the French government. The…
KORE Power’s EV Battery Factory in Arizona Receives $850 Million DOE Loan to Accelerate Construction
The construction of KORE Power’s electric vehicle (EV) battery factory in Buckeye, Arizona, has been fast-tracked thanks to an $850…
Fisker to Sell and Manufacture Ocean Electric SUV in China, Expanding Global Presence
Fisker the American automaker, has announced its intention to enter the Chinese market by selling and potentially manufacturing its flagship…
The UK new car market has experienced a prolonged period of growth, achieving its longest uninterrupted expansion in eight years,…
Mixed Results: EV Tax Incentives Boost Adoption, but Reliance on ICE Vehicles and Charging Challenges Persist
The implementation of federal tax incentives in the US has aimed to alleviate the financial burden of purchasing electric vehicles…
Gotion High-Tech, a Chinese battery cell manufacturer and partner of Volkswagen, is considering the construction of a large battery cell…
As of June 5, 2023, residents in certain California districts have the opportunity to purchase a standard-range Tesla Model 3…
The Chinese New Energy Vehicle (NEV) market, once a booming sector, is now experiencing a slowdown in growth, according to…
Fiat has taken a significant step towards reigniting the British electric vehicle (EV) market by introducing its own electric car…
Canberra, the capital city of Australia, has made a significant stride towards sustainable transportation with the procurement of 94 electric…
In a bid to further promote electric vehicle (EV) adoption, the Spanish government has announced an extension of its EV…
Renault’s chief executive, Luca De Meo, expressed his disapproval of the European Union’s (EU) proposed Euro 7 emissions rules for…
The State of Texas is making headlines with a controversial move that has both EV owners and critics up in…
Copenhagen, the capital of Denmark, is taking bold steps towards a greener future. Last Friday, all local governing parties agreed…
Ford Upgrades Factory in Mexico and Unveils Improved Mustang Mach-E with Extended Range
Ford has completed upgrades to its factory in Mexico and is opening order books for its improved Mustang Mach-E on…