KG Mobility Partners with China’s BYD to Manufacture Electric Vehicle Battery Packs in South Korea
KG Mobility is set to build a battery pack manufacturing plant in South Korea, leveraging the technology of BYD, China’s largest electric vehicle manufacturer. On Nov. 1, KG Mobility announced that it had signed a “Battery Pack Factory Construction and…
Tata Motors Partners with Jaguar Land Rover for Avinya Electric Vehicle Series
Tata Motors has collaborated with Jaguar Land Rover (JLR) to develop Tata Motors’ premium electric vehicle series, Avinya. Through an agreement between Tata Passenger Electric Mobility (TPEM) and JLR, the latter has licensed its platform to TPEM for the production…
Emobi develops E2W with Musashi and Honda Power Pack for Last Mile Delivery Services
Bengaluru-based Emobi Manufactury Private Limited, Tuesday announced a strategic development partnership with Musashi Seimitsu CO Ltd. (Musashi), and with Honda Power Pack Energy India (HEID) for Battery Swap Services. Emobi, driven by a young team, challenges the concept of last-mile/bike…
China to Invest $2.8 Billion in Zimbabwe in Lithium
Chinese companies were awarded licenses in the third quarter that could see $2.79 billion of investment flow into Zimbabwe, mostly in mining and energy as the government pushes to develop some of Africa’s biggest lithium deposits and end power outages….
Matter Aera Electric Motorcycle Deliveries Delayed
Electric two-wheeler (E2W) start-up Matter has confirmed it has had to push deliveries of its maiden offering, the Aera electric motorcycle, to 2024. Originally slated to begin in September, deliveries of the Matter Aera will now only start sometime between…
Terra Charge and SNM Cabs Collaborate to Develop Advanced EV Charging Hub
Terra Charge, a leading EV Charging Infrastructure company, has joined forces with SNM Cabs, an all-electric mobile-based ride-hailing service provider, to establish a dedicated EV charging hub near Pune airport. The collaboration aims to boost the adoption of electric vehicles…
China EV Maker BYD Reports Record Quarterly Profit of $1.42 bln in Q3
China EV maker BYD reports record quarterly profit of $1.42 bln in Q3 Reuters / UPDATED: OCT 30, 2023, 19:12 ISTB YD logged 22.12% in third-quarter gross profit margin, compared with 18.73% in the second quarter, according to Reuters’ analysis…
LeapCharger Eyes Operations in the UAE, UK, India & USA
LeapCharger Corporation (“LeapCharger” or the “Company”), an electric vehicle charging company with disruptive and innovative technology providing eco-friendly and sustainable solutions, is pleased to announce the launch of a digital marketing campaign on Instagram aimed at establishing brand recognition and…
Honda To Focus On Electric Vehicles, Plans To Launch SUVs In India
Honda Motor Co., Ltd., as part of its worldwide initiatives to attain carbon neutrality by 2050, will expedite the electrification of vehicles and maintain its investments in India, a crucial market for its future development strategy. During a meeting with…
Stellantis Leapmotor Deal Wins Mixed Reviews As It Seeks EV Traction
Stellantis’s deal with Leapmotor of China was welcomed by some analysts as vital in its bid to survive, or even thrive, as the electric car revolution gains pace. Some though considered it a bit risky. Stellantis, with its huge collection…
