Browsing: Invest
Investments in infrastructure for the production of electric cars are indeed rife by several global manufacturers today. Most recently, there…
Ford in its first-quarter financial report suffered a loss of $3.1 billion, largely due to a decline in the value…
The Canadian government has released its 2022 budget, which includes a budget for electromobility. The electromobility budget is not only…
Volvo has just announced a major investment in Israel’s StoreDot for research into superfast battery charging technology for electric vehicles.…
Honda has announced that it will allocate $64 billion over the next decade to research and development of electric vehicles.…
VinFast said it had filed for an initial public offering (IPO) in the United States after earlier announcing an initial…
VinFast announced to invest $2 billion to build electric vehicles plant in North Carolina
VinFast has just announced an initial agreement to invest $2 billion to build a plant in North Carolina to make…
Volkswagen plans to build a new battery cell factory for electric vehicles (EV) in Sagunto near Valencia. Volkswagen built this…
SK E&S has just announced that it has acquired EverCharge, a startup focused on charging electric vehicles in the US.…
Stellantis and LG to invest $4.1 billion for electric vehicle battery manufacturing facility in Canada
Stellantis and LG Energy Solution will invest about $4.1 billion in an electric vehicle battery factory in Canada. Stellantis and…
Hyundai Motor, Beijing BAIC Motor will inject US$825 million to enhance the competitiveness of its electric vehicle making
Hyundai Motor Co. and BAIC Motor will immediately invest US$825 million to strengthen competitiveness in electric car manufacturing. A Hyundai…
Volkswagen unveils Asian ventures to secure electric vehicle battery raw materials supply
Volkswagen Group China on Monday (21/3) said it would form a joint venture with Huayou Cobalt and Tsingshan Group to…
Suzuki unveils 1.26 billion dollars investment in India for Electric Vehicle production
Suzuki Motor Corp plans to invest about 150 billion yen (1.26 billion US dollars) in its main market in India…
Bentley unveiled plans to build a new electric model annually for five years from 2025
Luxury carmaker Bentley announced plans to roll out a new electric vehicle every year for five years starting from 2025,…
Mercedes-Benz AG will not cut spending on future electric vehicles. Even when coping with supply chain cost pressures exacerbated by…
Carlos Tavares, Stellantis CEO believes that the combined company Fiat Chrysler Automobiles and PSA Group he leads will be able…
The electric car manufacturer from the United States, Rivian, has released their earnings report for the fourth quarter of 2021.…
Mercedes Benz expects to have factories producing exclusively electric vehicles after 2025
Mercedes-Benz hopes to have a factory producing exclusive electric vehicles (EVs) in the second half of the decade. But as…
The Chinese government has approved the construction of an electric car factory in collaboration with Audi and state-owned automaker FAW…
Swedish carmaker Volvo is reported to have invested more than £800 million to prepare for its transition to fully electric…