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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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Electrovaya Expands Infinity Product Line with High-Voltage Battery Systems for Heavy-Duty Needs

20 July 2023: Electrovaya, a prominent Canadian lithium-ion battery technology and manufacturing company has proudly launched the Infinity-HV battery systems, a groundbreaking addition to its existing Infinity product line. These systems are designed for heavy-duty, high-voltage applications such as buses, delivery trucks, construction vehicles, hybrid-fuel cell/battery systems, and stationary

Tata Unveils Ambitious £4 Billion Investment Plan To Establish EV Battery Plant In The UK

19 July 2023: Indian conglomerate Tata Group is set to construct an electric vehicle (EV) battery facility in the United Kingdom, aiming to support its Jaguar Land Rover factories and significantly enhance the domestic battery production in the UK's car industry, thereby ensuring its sustainability goals. As per the recent

BMW Group India's Diverse Electric Portfolio Sees Unprecedented Growth For The First Half Of 2023

17 July 2023: BMW Group India achieved record-breaking sales in the first half of 2023, marking best-ever performance for all three of its brands: BMW, MINI, and BMW Motorrad. Over the course of the first six months, a total of 5,867 cars (comprising BMW and MINI) and 4,667

NIO's ET5 and EL7 Achieve Euro NCAP Five-Star Safety Milestone

12 July 2023: NIO's electric vehicles, the mid-size sedan, ET5 and the mid-large SUV, EL7, have been recognised for their outstanding safety standards in the latest 2023 Euro NCAP tests. Both models achieved the maximum five-star safety ratings. Euro NCAP, renowned as a leading safety testing organisation in the automotive

Altilium Metals and Marubeni Corporation Collaborate to Develop UK EV Battery Recycling Industry

6 July 2023: Altilium Metals, a UK-based green technology group, has announced the signing of a non-binding MOU with Marubeni Corporation, a Japanese trading and investment group. The main objective of this partnership is to collaborate in the exploration and development of EV battery recycling ventures within the United Kingdom.

MEHAIR Set to Transform Air Travel with New PHA-ZE 100 Electric Aircraft

5 July 2023: Maritime Energy Heli Air Services (MEHAIR), an Indian seaplane operator, anticipates the addition of cutting-edge electric aircraft to its fleet within the next six years. MEHAIR has placed an order for multiple PHA-ZE 100 electric planes, which are being developed by Jekta, a renowned commercial seaplane manufacturer

Amazon and Rivian Collaborate to Electrify European Delivery Fleet with Cutting-Edge Vans

3 July, 2023: Amazon has unveiled its inaugural fleet of Rivian Electric Delivery Vans, marking a significant milestone in its European expansion plans. Over the next few weeks, a staggering number of 300 vans will embark on their journeys across Germany. These state-of-the-art electric vehicles are set to revolutionise package