Browsing: Investment
BYD has paused its plans to establish an electric vehicle (EV) manufacturing facility in Mexico, citing geopolitical tensions and ongoing…
Lucid Group reported a 38% increase in vehicle deliveries for the second quarter, but the U.S. luxury EV maker fell…
Rivian reported a sharp decline in second-quarter vehicle deliveries, citing softening demand and industry-wide challenges such as tariffs and high…
Electric vehicle advocacy groups on Tuesday urged the U.S. House of Representatives to reject or amend a Senate-passed bill that…
Renault said on Tuesday it would record a one-off loss of around €9.5 billion ($11 billion) in the first half…
Chinese automotive giant Geely Holding has named Danish executive Lone Fonss Schroder as chair of the board at Geely Sweden…
Volkswagen has increased its investment in U.S. electric vehicle maker Rivian by an additional $1 billion, after Rivian achieved two…
The Victoria Regional Transit System is set to deploy its first electric buses by autumn, following the April delivery of…
MUFG Bank, Ltd. has entered a strategic partnership with U.S.-based May Mobility, Inc., marking a significant move to scale up…
Uber is stepping up efforts to support electric vehicle (EV) adoption among its drivers and couriers through new partnerships aimed…
Chevron announced its entry into lithium production by acquiring mining rights in the Smackover Formation across Arkansas and Texas, marking…
Volkswagen Approves €1 Billion Investment for Next-Gen Models in India, Including EVs
By Michael Khan
Volkswagen Group has approved a fresh investment of €1 billion to support the development and launch of its next-generation models…
Automakers Press U.S. Lawmakers, Regulators to Accelerate Autonomous Vehicle Deployment
By Ivan Popov
Major automakers and industry groups are urging U.S. lawmakers and regulators to act more quickly to remove barriers to deploying…
Brighton & Hove City Council has selected EV charge point operator Believ to deliver up to 208 new rapid and…
China is expected to overtake Australia as the world’s leading producer of lithium as early as next year, consultancy Fastmarkets…
COBCO, a joint venture between Morocco’s Al Mada investment fund and China’s CNGR Advanced Materials, has commenced production of lithium-ion…
A Xiaomi subsidiary has acquired a new plot of land in Beijing’s Yizhuang area for RMB 635 million ($88.4 million),…
Mullen Automotive has acquired an additional 21% stake in electric truck manufacturer Bollinger Motors, raising its total ownership to 95%.…
IVECO Bus has delivered the first 13 of 19 new E-WAY electric buses to the Malaga Transport Company (EMT), further…
Ireland is set to significantly expand its electric vehicle (EV) charging infrastructure with the addition of 53 new high-powered charging…