Browsing: Invest

Hyundai Motor Group has announced its ambitious plan to become one of the top three electric vehicle (EV) manufacturers in…

Kia Motors has announced the construction of a dedicated plant for the production of battery-electric purpose-built vehicles (PBV) at its…

Volvo Penta, a supplier of power solutions for industrial applications, has acquired a minority stake in US-based Utility Innovation Group…

X Shore, a Swedish-based electric boat manufacturer, has successfully completed another funding round, raising 300 million Swedish kroner or a…

ABB E-Mobility, the Swiss-Swedish industrial group’s e-mobility division, has announced that Frank Mühlon is stepping down as CEO and moving…

Dutch solar car company Lightyear, based in Helmond, is making a fresh start after facing bankruptcy earlier this year. The…

The ZF Group, a global technology company, has announced its plans to expand its manufacturing capabilities in Ciudad Juárez, Mexico.…

Spain is gearing up to launch two new tenders worth €2 billion in July 2023 for the production of electric…

Brussels transport company, STIB, has made an investment towards the electrification of its fleet by ordering 70 articulated electric buses…

Denza, the premium new energy vehicle (NEV) brand under BYD, is gearing up to launch two new SUVs in the…

Rock Tech Lithium has announced that it has broken ground on its lithium plant in Guben, Brandenburg. The German-Canadian raw…

South Korean company SK On, in partnership with EcoPro and GEM, is set to construct a new production plant for…

Didi Chuxing, the popular Chinese ride-hailing company, has announced the launch of its autonomous driving services in the Huadu district…

NIO, a leading Chinese electric vehicle (EV) maker, has announced a strategic partnership with Wencan Group, a supplier of one-piece…

US-based Cirba Solutions, a battery recycler, has announced that it will invest $300m in a new recycling factory in South…

Porsche has announced that it will produce the upcoming battery-electric Cayenne at Volkswagen Slovakia’s multi-brand site in Bratislava, where the…

China’s GEM has teamed up with South Korean companies SK On and ECOPRO Materials to establish a new plant in…

Stellantis, the multinational automotive manufacturer, has announced that it will invest over $140 million (€130 million) in the Eisenach Assembly…

Albemarle Corp, one of the largest lithium producers globally, has announced plans to build a new lithium processing facility in…

Two of the world’s biggest automakers, BMW and Continental, have invested in the Munich-based start-up, DeepDrive, which has developed a…