TVS Motor Acquires 75% Stake In Swiss E-Mobility Group
TVS Motor Company on Thursday said it has acquired 75% stake in the e-bike maker Swiss E-Mobility Group (SEMG) at a valuation of $100 million, with plans to buy out the remaining 25% stake next year. “We expect the e-bike…
Fisker Will Make EVs In India With Foxconn By 2024
Henrik Fisker’s Fisker Automotive will be making electric cars in India in partnership with its manufacturing partner Foxconn. Foxconn which already has a huge presence in India as it is the contract manufacturer for Xiaomi and Apple recently has made…
By 2030, The Renault Nissan Mitsubishi Alliance Will Introduce 35 New EV Models
After announcing its major restructuring plan back in May 2020, the Renault Nissan Mitsubishi Alliance is now preparing for the next stage of its transformation towards a carbon-neutral business. Thanks to a massive $25 billion investment in the next five…
LG Energy Solution, The EV Battery Giant, Soars On Its Debut After Completing Korea’s Largest Ever IPO
LG Energy Solution, the battery maker that raised billions in Korea’s largest float ever, soared on its debut on the 27th January 2022, benefiting from the electric vehicle boom. The stock closed at 505,000 won on the Korea Exchange, 68%…
OSM Will Manufacture Electric Powertrains In India With This Korean EV Maker
Omega Seiki Mobility (OSM) and Jae Sung Tech Company Limited, a leading Korean EV powertrain maker, announced a strategic partnership to manufacture electric powertrains in India. As a part of this partnership, the two companies will be forming a new…
ETO Motors Plans To Install Around 2500 Electric Vehicle Charging Stations In Delhi-NCR
ETO Motors, one of India’s leading electric mobility solutions and services companies, has recently announced that they will set up over 2,500 EV charging stations in the Delhi-NCR region. ETO Motors in its official press statement said that they have…
BrightDrop Announces Walmart As New EV Customer And Expands Collaboration With FedEx
BrightDrop, the GM technology company decarbonizing last-mile delivery, announced it is adding Walmart to its growing roster of customers, and expanding its relationship with FedEx. Walmart signed an agreement to reserve 5,000 of BrightDrop’s EV600 and smaller EV410 electric delivery…
New Construction Projects In The UK Will Be Required To Include EV Charging Stations
The United Kingdom has ambitious emissions goals, to say the least. In winter 2020, the U.K. government accelerated its ban on sales of internal combustion engines from 2040 to 2030. However, the U.K. also needs electric cars, motorcycles, and scooters…
EV Battery Giant Launches IPO Worth Up To $10.8 Billion
LG Energy Solution Ltd., one of the world’s largest makers of batteries for electric vehicles, started taking investor orders for a share sale that could raise as much as $10.8 billion. The offering is on course to be comfortably the…
IIT-M To Launch An EV Master’s Program
The Indian Institute of Technology, Madras (IIT-M), on Monday announced it would launch a Master’s Program on Electric Vehicles (EV) and that it would be an inter-disciplinary dual degree (IDDD). It would boost the students’ engagement with e-Mobility and be…
