Browsing: Invest
Ford announces $3.7 billion investment to build EVs plant in three Midwestern US states
By James Bryant
Carmaker Ford Motor has set aside US$3.7 billion in electric vehicle assembly plants in three states, namely Michigan, Ohio and…
UK battery manufacturer Britishvolt has invested more than £200 million to scale-up their battery production facility. Britishvolt is working with…
NIO is rumored to be build factory in US after hiring for positions related to EV making in the US
By Linda Ma
NIO currently opening a job vacancy related to the manufacture of electric vehicles in the US. That has led to…
Tesla officially expands its expansion into the Thailand market. Tesla Company (Thailand) Ltd has been registered as a new company…
Saudi Arabia is projected to build three electric vehicle factories in the near future. This was revealed by Saudi Arabian…
Vietnam is at the forefront of Southeast Asian countries in electric vehicle technology. They are ready to compete with the…
Nio plans $32.8 million investment to build lithium-ion battery labs and a cell pilot production line
By Linda Ma
NIO invested $32.8 million to build an electric vehicle lithium-ion battery laboratory and a cell pilot production line in Shanghai,…
BMW exploring new investments for the use of renewable energy in their production facilities
By David Smith
BMW is exploring new investments to reduce its dependence on natural gas. The new investments are in the form of…
NIO made its debut on the Singapore Exchange Securities Trading Limited (SGX-ST) on Friday 20 May 2022. NIO’s presence on…
Tesla reportedly agreed to build a battery and electric vehicle factory in Indonesia after CEO Elon Musk met with President…
Hyundai and Kia plan to disburse an investment fund of US$ 16.5 billion. This investment fund will be used to…
Volvo Trucks officially opened its first battery assembly plant located in Ghent, Belgium. The plant will supply ready-to-use batteries for…
India’s Tata Group is setting up battery factories in India and abroad to boost the electric vehicle ecosystem, said company…
The chairman of Vingroup stated that the initial public offering (IPO) for the company VinFast may be postponed until next…
Porsche is reportedly investing heavily in new battery technology for its future electric cars. They announced that they had invested…
Ford is selling 8 million of its Rivian shares as the insider lockup for the stock expires on Sunday
By David Smith
Ford Motor selling their 8 million stake in Rivian Automotive, a source familiar with the matter told CNBC. Ford currently…
Porsche develops and manufactures battery cells that claim to be high-performance, the sports car manufacturer acquired a stake in US…
Volkswagen and its partners will invest 10 billion euros to make electric vehicles and batteries in Spain. The investment is…
Nissan still hasn’t lost its interest in delivering high-performance cars. In fact, the Japanese brand is already planning to make…
The United States has announced funding of $3.1 billion to make electric vehicle batteries. This is President Joe Biden’s strategy…