Browsing: Investment
Deepal, the new energy vehicle (NEV) brand under Changan Automobile, has acquired a former Hyundai plant in China, marking another…
China has completed its first large-capacity all-solid-state battery production line, marking a technical step forward for its electric-vehicle supply chain,…
Kempower has opened downtown Durham, North Carolina’s first public DC fast-charging station, marking a milestone for local EV infrastructure. The…
Xiaomi EV, the electric vehicle division of Xiaomi, unveiled an upgraded version of its driver-assist system on Thursday, adding world…
Geely Holding Group said on Tuesday it has formally launched its new strategic partnership with Renault in Brazil, marking the…
Hyundai Motor Group said it will significantly expand investment in domestic electric vehicle production as South Korea increases financial support…
DiDi Autonomous Driving announced a strategic partnership with the Abu Dhabi Investment Office (ADIO) on November 12, marking the company’s…
BYD, China’s largest automaker, plans to double its European sales network by the end of next year as part of…
Xpeng reported its smallest quarterly net loss in five years as strong delivery momentum and rising service revenue lifted its…
The European Union will fund five battery cell production projects under its Innovation Fund after Porsche subsidiary Cellforce withdrew its…
Mercedes-Benz will establish its first research and development centre in Hungary, expanding its engineering footprint with a new facility dedicated…
Toyota Begins Battery Production at $13.9 Billion North Carolina Plant, Plans $10 Billion U.S. Investment Over Five Years
Toyota Motor said on Wednesday it has started production at its $13.9 billion battery manufacturing plant in North Carolina, marking…
Swedish autonomous trucking company Einride announced it will go public in the United States through a merger with Legato Merger…
U.S. solar EV startup Aptera Motors said on Tuesday it has begun constructing a validation assembly line at its headquarters…
The Abu Dhabi Investment Office (ADIO) has announced 29 new commercial deployment agreements for autonomous mobility technologies, marking a significant…
South Korea’s automotive industry has raised unified concerns over the government’s 2035 National Greenhouse Gas Reduction Target (NDC), warning that…
Nissan and Dongfeng Launch China’s First Foreign-Backed Vehicle Import-Export Joint Venture
Nissan Motor showcased a range of “first-of-their-kind” vehicles at the 8th China International Import Expo (CIIE) and announced the creation…
Aeva Secures $100 Million Investment from Apollo Funds to Accelerate 4D LiDAR Expansion
Aeva Technologies said on Friday it received a $100 million investment from funds managed by Apollo through the purchase of…
EU Industry Chief Warns of Rising Chinese EV Threat, Calls for Flexibility on 2035 Engine Ban
The European Union must defend its automotive industry against growing Chinese competition, including reconsidering its 2035 zero-emission target for new…
UK Battery-Electric Van Registrations Fall 5.8% in October Amid Infrastructure Challenges
Battery-electric van (BEV) registrations in the United Kingdom fell by 5.8% in October, marking the first monthly drop in 13…