Browsing: Invest
As the world shifts towards sustainable ecosystems, motorcycle manufacturers are also moving in the same direction. Two-wheeler manufacturer from India,…
Dependence on battery suppliers and technological limitations make electric vehicle manufacturers need to find reliable battery sources to meet consumer…
Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto said the government is currently discussing with Ford Motor Co and Hyundai…
Hyundai Motor started construction of a US$5.5 billion electric vehicle and battery factory located in Georgia, United States. Hyundai plans…
Electric vehicle battery giant CATL has slowed plans for a new plant in North America due to new rules on…
Tesla’s early investor, Tim Draper, funded $3 million in a flying car project owned by Californian startup Alef Aeronautics. This…
Mercedes Benz has struck a preliminary agreement with an offshore wind power supplier to supply up to a quarter of…
The BMW Group announced an investment of up to $1.7 billion in two electric vehicle production facilities in the United…
South Korean automaker Hyundai Motor will begin construction of a $5.5 billion electric vehicle and battery plant in Georgia this…
Geely Holding recently announced that it had acquired a 7.6 percent stake in Aston Martin. In an official announcement, Daniel…
Ford & SK began construction of their joint production facility in Tennessee that will produce batteries and electric vehicles. The…
Airbnb cofounder Joe Gebbia, becomes an independent member of Tesla board of directors. He replaces Oracle chairman and chief technology…
Vianode, which is owned by Norsk Hydro, Elkem and Altor, will invest $193.51 million for a large-scale plant for sustainable…
Samsung SDI expands battery manufacturing plant in Michigan with $62.7 million investment
Samsung SDI, a battery manufacturer based in South Korea, plans to expand its battery pack manufacturing capacity in Michigan, USA.…
Volkswagen’s PowerCo cooperates with Umicore to create joint venture on EV battery materials production
Volkswagen together with Belgian mining company Umicore announced that they will work together to produce battery materials. In a statement…
Saudi Arabia can be said to be one of the most dominant countries for world oil production. This term has…
Ultium Cells, an electric vehicle battery joint venture between General Motors and LG Energy Solution, plans to build its fourth…
Ola Electric CEO Bhavish Aggarwal said that his company will launch an electric vehicle that can go up to 100…
Volkswagen to buy $4 billion worth of autonomous tech from Israel’s lidar maker Innoviz
Volkswagen will buy autonomous driving software and hardware from Israeli company Innoviz Technologies in a $4 billion deal. The deal…
Tesla, an electric car manufacturer from the United States, has signed contracts worth US$5 billion to buy nickel-based products from…