Browsing: Investment
Samsung SDI to Expand Hungarian Plant to Supply Prismatic Batteries for Hyundai, Kia EVs
South Korean battery manufacturer Samsung SDI will expand and modernize its facility in Göd, Hungary, to supply next-generation prismatic batteries…
The Spanish Ministry of Transport and Sustainable Mobility announced plans to install eight new fast electric vehicle (EV) charging stations…
Kinchbus, a Leicestershire-based bus operator, has ordered a new batch of electric single-decker buses from Chinese manufacturer Yutong to serve…
HiPhi, the premium electric vehicle (EV) brand under China’s Human Horizons, is preparing to restart operations following a reported majority…
The Ontario government has allocated an additional C$92 million to its ChargeON programme, raising total investment in public electric vehicle…
Norwegian electric delivery vehicle manufacturer Paxster has inaugurated a new production facility in Sarpsborg, aiming to expand its annual output…
Ford Motor is reportedly allowing Nissan to utilize part of its underused battery manufacturing capacity in Kentucky, in a move…
Royal Mail has deployed its 7,000th electric vehicle (EV) in the United Kingdom, reinforcing its position as the operator of…
New York City is expanding the Fire Department’s electric vehicle fleet with 30 new units, including the city’s first fully…
Chinese electric vehicle maker Xpeng posted a sharp rise in revenue and vehicle deliveries for the first quarter, as operating…
Just 16 months after launching its Smart Charge network, Sainsbury’s has installed more than 650 ultra-rapid electric vehicle (EV) charging…
Yasa, a developer of high-performance axial-flux electric motors, has officially opened its upgraded manufacturing facility in Yarnton, near Oxford, marking…
Clarios, an automotive battery manufacturer owned by investment firm Brookfield, is evaluating sites in Indiana, Texas, and Utah for a…
Honda Scales Back EV Investment, Shifts Focus to Hybrids and Motorcycles Amid Slowing Demand
Honda Motor Co said on Monday it will cut back its investment in electric vehicles as global demand slows, shifting…
Mitsubishi Motors said on Monday it will not proceed with a planned investment of up to €200 million ($225 million)…
Bollinger Motors, a U.S. electric truck startup known for its rugged commercial vehicle designs, has been placed in receivership by…
Austrian oil and gas company OMV announced it will begin closing 10 of its 28 compressed natural gas (CNG) fuel…
Canadian electric bus distributor Damera is set to establish its first U.S. assembly plant in Peoria, Illinois, with an investment…
Dearborn Public Schools Adds 18 New Electric Buses to Boost Cleaner Student Transportation
Dearborn Public Schools, Michigan’s third-largest school district, has expanded its student transportation fleet with 18 new electric school buses, marking…
Subaru said it is re-evaluating its electric vehicle (EV) investment plans amid a rapidly changing market environment, slowing global sales,…