The Department of Promotion of Industry and Internal Trade in India is confident that its new EV policy measures will attract and allow more global firms to enter the market.
electric vehicles
Breaking News
Honda Motor is planning to invest $11 billion in Ontario, Canada, to build a comprehensive electric vehicle (EV) value chain.
Chinese EV giant BYD secures $3.7B government funding, solidifying global dominance. Concerns rise over unfair competition, prompting EU investigation.
Chinese automakers are expanding global EV exports but face ship shortages, reflecting China's rise as a top auto exporter.
Biden admin adjusts EV targets to 35%, balancing industry concerns. EPA's new rules ease the transition, aiming for 50% emissions cut by 2032 amidst environmental and economic considerations
Electric Van Leasing Company EVCO Declared Insolvent Due to $50 Million Debt, Investigations Ongoing
The insolvency status makes the Electric van leasing company, or EVCo, unable to pay its over $50 million debts, which were worsened by the arrest of its former executives in late 2023.
Nissan Mulls EV Partnership With Honda to Form Powerful Japanese Alliance to Take on Overseas Rivals
Nissan Motor is reportedly considering approaching Honda Motor for a partnership on key components for electric vehicles (EVs).
Fisker's stock fell over 40% in after-hours trading on Wednesday, raising investor concerns about the EV company's future.
Interest in electric vehicles is falling due to several factors, including a lack of charging infrastructure, increasing costs of raw materials, and financing rates.
Tesla is eyeing to expand in Southeast Asia to tap into the region's fast-growing electric vehicle (EV) market, where the US automaker faces competition from China's BYD.
Former President Donald Trump confirmed that he had recently met with Elon Musk, but they disagreed about electric vehicles (EVs).
Xiaomi said it will begin delivering its first electric vehicle (EV) model, the SU7, to customers this month.
Volkswagen in Germany is shifting its production of the electric ID 3 to Zwickau plant due to low demand, focusing on optimizing resources and simplifying resources.
Hawaii has become the fourth state to have a federally funded electric vehicle (EV) charging station.
Apple is reportedly abandoning its "Project Titan" work on developing an autonomous electric car.
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