Browsing: Supply Chain
Vietnamese electric vehicle manufacturer VinFast hopes to sell one million electric cars globally in the next five or six years.…
Investors in Tesla asked CEO Elon Musk how the company plans to spend its money in the coming years, and…
The 2022 Annual Shareholders’ Meeting, Elon Musk said that the price of the Tesla Cybertruck will be from the first…
US electric vehicle manufacturer Lucid Motors has cut its production target by half from its original target for 2022. Previously,…
NIO in July delivered a total of 10,052 electric vehicles to their customers. This number is up 26.74 percent compared…
Tesla Full Self Driving Beta has traveled 72 million Km, the longest compared to all its competitors
By James Bryant
Tesla’s Full Self Driving Beta has covered 35 million miles (72 million km) and has managed to collect massive amounts…
Nikola agrees acquires Romeo Power for $144 million, to produce its own EV batteries in-house
By James Bryant
Nikola announced it has reached a deal to acquire battery pack supplier Romeo Power for $144 million. The deal is…
Mitsubishi plans to invest about $666.89 million to produce EV in Indonesia between 2022 and 2025
By David Smith
Mitsubishi Motors Corporation is investing in Indonesia again. This Japanese motorcycle manufacturer has poured IDR 10 trillion for the development…
Northvolt and Stora Enso are developing batteries using lignin-based hard carbon produced by renewable wood from Northern European forests. The…
Amazon has just revealed that it has used Rivian’s electric vans to deliver packages to a number of US cities.…
Tesla on Wednesday (20/7/2022) reported higher-than-expected quarterly profit as a series of price hikes on its best-selling electric vehicles helped…
Volkswagen China is targeting to double its electric vehicle sales in the Chinese market despite the Covid-19 disruption that has…
Report: CATL considering building EV batteries plant in Mexico to supply Tesla and Ford
By David Smith
Chinese battery giant CATL is considering two locations in Mexico for electric vehicle battery production that have the potential to…
Tesla CEO Elon Musk tweeted that he could lower the price of electric vehicles that Tesla produces if inflation eases.…
Sales of battery electric vehicles (BEV) from brands under the Volkswagen Group show a positive trend. In the first half…
Volkswagen has partnered with Redwood to recycle their electric vehicle batteries. Previously, Redwood also made a similar agreement with Toyota…
Polestar’s sales report for electric vehicles in the first half of this year more than doubled compared to the first…
US electric vehicle maker RIvian plans to cut 5 percent of its workforce because it is seen as growing too…
South Korean electric vehicle battery manufacturer LG Energy Solution (LGES) announced its first offtake agreement with a US-based lithium supplier.…
Rivian boosts production of electric vehicles in the second quarter by building 4,401 vehicles in the period. This achievement gives…