Browsing: Investment
The U.S. Environmental Protection Agency (EPA) has unveiled $735 million in funding aimed at accelerating the adoption of zero-emission heavy-duty…
Germany’s Federal Ministry for Digital and Transport (BMDV) has unveiled a new strategy to establish the country as a hub…
V-Green, the charging infrastructure company founded by VinFast’s Pham Nhat Vuong, has signed a letter of intent with the Prime…
DP World Electrifies London Gateway Port with Kalmar Straddle Carriers and Kempower Fast Chargers
DP World has deployed eight fully electric straddle carriers from Kalmar at its London Gateway port, equipped with Kempower’s ultra-high…
South Korea’s POSCO Holdings Inc. and Australian mining firm Hancock Prospecting have signed a memorandum of understanding to jointly establish…
Europe’s path to cutting vehicle emissions is facing growing opposition, with the European People’s Party (EPP) leading the charge to…
General Motors (GM) announced its decision to shut down its autonomous vehicle subsidiary, Cruise, following concerns over high development costs,…
Hyundai Motor and its Chinese partner BAIC Motor announced on Wednesday a $1.1 billion investment in their joint venture, Beijing…
Hyundai Motor Company has announced plans to establish nearly 600 public EV fast charging stations across India over the next…
Stellantis and CATL to Build Major EV Battery Plant in Spain with €4.1 Billion Investment
Stellantis and Chinese battery maker CATL have announced plans to invest €4.1 billion ($4.33 billion) to construct one of Europe’s…
General Motors announced on Tuesday that it will halt robotaxi development at its majority-owned subsidiary, Cruise, signaling a shift in…
Thailand will extend the production timeframe for battery electric vehicles (BEVs) and introduce incentives for hybrid electric vehicles (HEVs) to…
Ford has committed to investing in an electric vehicle (EV) production facility in Indonesia, with plans to have the plant…
Ford UK’s chief has urged the government to introduce consumer incentives of up to £5,000 per vehicle to stimulate demand…
EU Proposes Additional €1 Billion to Support Electric Vehicle Battery Manufacturing Amid Industry Challenges
The European Commission has called for an additional €1 billion in EU funds to bolster electric vehicle (EV) battery cell…
A joint venture between Stellantis (STLA.MI) and Samsung SDI, StarPlus Energy LLC, has received a conditional commitment for up to…
The Orange County Transportation Authority (OCTA) has announced the purchase of 50 zero-emission buses as part of its plan to…
Australian mining giant Fortescue has inked a major deal with Chinese engineering firm XCMG, securing over 100 electric mining vehicles…
Hyundai Stays Optimistic Amid Potential EV Tax Credit Repeal, Accelerates U.S. Growth
Hyundai Motor is pressing forward with its ambitious U.S. growth plans despite concerns over the possible repeal of the $7,500…
Rivian CEO RJ Scaringe has reaffirmed the company’s commitment to its direct-to-consumer model, despite challenges posed by state laws that…