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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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Volvo Launches Its All-Electric EX30 SUV

June 09, Italy: Volvo has launched its much anticipated SUV, EX30, with the UK being its first market where the model would be launched online. This SUV comes with a price of 36,000 euros that sets a benchmark for customers and competitors alike. The EX30 is expected to initially

Allstar Partners With InstaVolt To Boost UK Fleet Charging Network

June 06, United Kingdom: Allstar, UK’s leading fuel and EV business payment services provider has collaborated with InstaVolt, a renowned rapid EV charger network to enhance access to rapid and ultra-rapid charging points for UK fleets. As per Allstar, the company is committed to be a part of strategic

Electric Two-Wheeler Sales Hit 1 Lakh In A Month For The First Time In India

June 03, India: India has hit a significant milestone in electric 2-wheeler sales with the number of units sold in a single month exceeding 1,00,000. May 2023 witnessed an astounding escalation of electric two-wheeler sales of over 57% as compared to April 2023, thereby making it the best

Boosting India's EV Industry: Tata Group to Establish ₹13,000 Crore Lithium-ion Battery Gigafactory in Gujarat

02 June 2023: Tata Group, the prominent Indian conglomerate, has revealed its intention to establish a gigafactory in Gujarat dedicated to manufacturing lithium-ion cells. This initiative aligns with India's determination to establish an independent supply chain for electric vehicles. The Tata Group and the Gujarat state government have entered into

Jaguar Owner Tata to Choose UK For Its New JLR Battery Plant

May 24, 2023: Jaguar Land Rover owner Tata Motors is all set to pick Britain for its multi-billion pound electric car battery plant at the Gravity business park near Bridgwater, UK. The global automotive industry has described this move as one of the most significant investments in the UK automotive

Cool Planet Group Makes A Major EV Transition With A Fleet of 8,500 Trucks

June 02, Ireland: Cool Planet Group, a leading energy service company based in Ireland is all set to transform its 8,500 diesel-powered mining trucks into electric vehicles over the span of next three years. As per the company claims, the initiative is reportedly worth around 50 million euros. For

Simple Energy Launches India’s Longest Range Electric Scooter, Simple One

The Bengaluru-based startup, Simple Energy has finally launched its most hyped electric scooter Simple One, with prices ranging from Rs 1.45 lakh - Rs 1.50 lakh. The Simple One is powered with a 5kWh battery that is rated for a claimed Indian Driving Conditions ( IDC ) range of 212