Browsing: Invest
Tesla shareholders agreed to a 1:3 stock split in an effort to attract more retail investors. Quoting Bloomberg, Friday (5/8/2022),…
General Motors paid Livent Corp $198 million in advance to secure a supply of lithium essential for the production of…
Onto, a British electric vehicle subscription service, has completed a Series C funding round of 59.1 million euros from investors.…
Coordinating Minister for Economic Affairs Airlangga Hartarto revealed that Toyota Motor Company will increase its investment in Indonesia by $1.80…
Mitsubishi plans to invest about $666.89 million to produce EV in Indonesia between 2022 and 2025
By David Smith
Mitsubishi Motors Corporation is investing in Indonesia again. This Japanese motorcycle manufacturer has poured IDR 10 trillion for the development…
U.S. Energy Department intends to loan a joint venture of GM and LG Energy Solution $2.5 billion to help construction of EV battery plant
By Michael Khan
The US Department of Energy announced that it will provide a $2.5 billion loan to Ultium Cells LLC, a joint…
Silk-FAW said it would provide more than one billion euros ($1.02 billion) to build an electric car production facility in…
Get a new partnership, Ford is confident to achieve the target of 600,000 electric vehicles in 2023
By David Smith
Ford is preparing to “speed up” in the electric vehicle industry by setting a production target of around 600,000 units…
A car brand from the United States, Ford Motor, together with nickel miner Vale Indonesia, and China’s Zhejiang Huayou Cobalt…
General Motors (GM) together with its partners, Pilot Travel Centers and EVgo, will build 2,000 charging stations at 500 Pilot…
Allego has made a purchase for the European fast charging network Mega-E. This purchase leaves Allego with 100 Mega-E charging…
Since December 2021, the commercial vehicle parent company Traton Group, which oversees the Scania and MAN brands, has partnered with…
German auto giant Volkswagen has announced a USD 20.38 billion investment in its electric vehicle battery cell business with partner…
VinFast announced a multimillion-dollar investment in Taiwanese solid-state battery cell manufacturer ProLogium. Under the agreement between the two, ProLogium will…
Volvo reportedly invest $1.25 billion to build an electric vehicle production facility in Slovakia. The electric vehicle factory will strengthen…
Lamborghini CEO Stephan Winkelmann said it would invest at least 1.8 billion euros ($1.88 billion) in their electrification plan. The…
MAN Truck & Bus builds electric vehicle battery plant in Nuremberg, start production in 2025
By David Smith
MAN Truck & Bus says it will start mass-producing high-voltage electric batteries for its electric trucks and buses starting in…
Trevor Milton, founder of electric car startup Nikola, is implicated in a new fraud case, which adds to previous cases…
General Motors on Wednesday (15/6/2022) announced that it would invest US$81 million to build the flagship electric car Cadillac Celestiq…
In the electricity vehicle business, Honda is far behind its rivals. The only pure electric vehicle sold in the west…