Volkswagen, Siemens to invest $450m in EV charging network Electrify America
The investments are expected to help Electrify America boost its growth plans through technological advancements in charging and…
Electric Vehicles
GAC Honda breaks ground on $520m EV production plant in China
22 Jun 22Expected to become operational in 2024, the plant will produce 120,000 EVs per year
Ford Motor to invest $3.7bn in three US states to boost EV production
03 Jun 22The investments to be made in manufacturing facilities in Michigan, Ohio, and Missouri will create more than 6,200…
POSCO Chemical, General Motors finalise cathode material JV in Canada
30 May 22The JV called Ultium CAM will build a production plant in Bécancour, Quebec with a capacity of 30,000…
Stellantis, Samsung SDI to invest $2.5bn in EV battery plant in Indiana
25 May 22The lithium-ion battery production facility in Kokomo is expected to begin operations in Q1 2025
Hyundai Motor to invest $5.5bn to build EV and battery plants in Georgia, US
23 May 22The South Korean group aims to manufacture 300,000 units per year at the new EV facility, which is…
US gives $3.16bn funding boost to battery manufacturing and supply chains
04 May 22The infrastructure investments to be made under the Bipartisan Infrastructure Law are expected to help in establishing new,…
Stellantis signs €190m deal with Serbia to manufacture electric cars
29 Apr 22The Serbian government will participate in the project through a 33% ownership stake by investing €48m
LG Energy to invest $5.5bn to boost battery manufacturing capacity
27 Apr 22The South Korean battery maker aims to achieve an annual production capacity of 200GWh for 2022 and 520GWh…
Mercedes-Benz opens €200m electric software hub in Sindelfingen, Germany
11 Apr 22Under a single roof, the hub is said to bring together various software, hardware, system integration, and testing…