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General Motors Launches European All-Electric Venture with Cadillac LYRIQ

General Motors Launches European All-Electric Venture with Cadillac LYRIQ

General Motors introduces the all-electric Cadillac LYRIQ to Europe, commencing in Switzerland. This expansion underscores GM's dedication to sustainability and luxury in the electric vehicle market, representing a major step towards a greener automotive future.

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Inflation Reduction Act Spurs $92 Billion Investment and 84,000 Jobs in U.S. EV Manufacturing: Report

The Inflation Reduction Act fuels a $92 billion surge in U.S. electric vehicle manufacturing, generating 84,000 jobs. This comprehensive legislation positions the nation as a global leader, driving innovation and economic growth in the rapidly evolving EV industry.

India's Epsilon Advanced Materials to Invest $650M in U.S. Battery Materials Manufacturing Facility

Epsilon Advanced Materials (EAM) to invest $650 million in a North Carolina EV battery facility, creating 500 jobs and targeting 1.10 million EVs by 2030, addressing supply chain challenges.

Saudi's PIF and Hyundai Forge Strategic Joint Venture to Produce 50,000 Electric and ICE Vehicles Annually

PIF and Hyundai establish a strategic joint venture to build an advanced auto manufacturing plant in Saudi Arabia. With PIF holding a 70% stake, the project plans to produce 50,000 ICE and EVs annually, fostering job creation and knowledge transfer, and advancing the Kingdom's automotive industry.

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Mercedes-Benz Selects Ohme as Its Official Partner for Smart Charging Solutions.

07 August 2023: Mercedes-Benz UK has selected Ohme, an acclaimed smart-charging firm in the UK, as its latest official partner for home charging solutions. This partnership will work in conjunction with their existing partner, Pod Point. Under this collaboration, Mercedes-Benz will endorse Ohme chargers as the preferred choice for customers

Tata Unveils Plans For Multiple EV Launches, Including The Curvv In 2024

08 August, 2023: Tata Motors is gearing up for a significant expansion of its electric vehicle endeavours in the near future. The company has confirmed its plans to introduce a total of four electric vehicles by the start of 2024. Out of these four EVs, three are set to be

Ford Trucks And Ballard Power Systems Collaborate For Fuel Cell-Powered Heavy-Duty Trucks

03 August 2023: Ford has unveiled its ambitious plans to develop a groundbreaking heavy fuel cell truck prototype through its involvement in an EU initiative. The renowned Canadian fuel cell expert, Ballard Power Systems, has been selected to provide the technology for this innovative project, with implementation anticipated before the

Magna Advances Electric Driveline Systems with eDecoupler Production for German OEM

01 August 2023: Magna, a renowned leader in advancing electric driveline systems and powertrain technologies, has recently announced a groundbreaking milestone in the automotive industry. The company is commencing the production of a revolutionary eDecoupling unit, which is set to support multiple BEV programs for a German premium OEM. The

India's Lithium Reserves Uncover New Vision for the EV Revolution

In February, India received a news that has the potential to reshape its entire electric vehicle landscape. The Union Government announced groundbreaking discoveries of Lithium reserves, an astounding 5.9 million tonnes found in Jammu and Kashmir, and another significant reserve uncovered later on Revant hill in Degana, Rajasthan's Nagaur

GRIDSERVE Secures £500+ Million In Green Financing For Expansion Of The UK EV Charging Network

July 26, 2023: GRIDSERVE, a British sustainable energy company, reveals a substantial amount of certified green funding, totalling over five hundred million pounds, aimed at expediting the shift towards net zero transportation. This significant investment will fuel a massive expansion of their Electric Vehicle (EV) charging infrastructure across the United

NXP Semiconductors and Mahindra & Mahindra Forge Strategic Partnership for Smart eMobility in India

14 July 2023: Mahindra & Mahindra Ltd., a significant player in the Indian automotive, farm, and services industries, and NXP Semiconductors have signed a Memorandum of Understanding. This partnership aims to foster exploration and innovation in the electric and connected vehicle domain, encompassing various vehicle types such as utility vehicles, light