Rail-Served EV Battery Plant Coming to North Carolina
A subsidiary of Mumbai, India-based Epsilon Carbon Private Limited, EAM is slated to invest $649.9 million in the plant, which will be built at the Mid-Atlantic Rail Industrial Park in Brunswick County. It is expected to create 500 jobs with…
Ola Electric Reacts to Pune Scooter Fire Incident
Ola Electric is once again in the news because of similar reasons. Another incident of an Ola electric catching fire took place, this time in Pimpri-Chinchwad area of Pune. Several videos of the incident have been posted on the social…
Norsk Hydro Warns Flood of Chinese Electric Vehicles Threatens Dluminium Demand in Europe
A major European aluminium producer has warned that the increasing numbers of imported electric cars from China could have a big impact on regional demand. Hilde Merete Aasheim, chief executive of Norsk Hydro, said the company was paying attention to…
Honeywell Creates Li-ion Battery Safety Sensors and Suite of PPE for EV Workers
As the adoption of electric vehicles (EVs) continues to grow, Honeywell has created innovative solutions to address safety concerns across the spectrum of EV manufacturing and use. The company’s lithium-ion (li-ion) battery safety sensors help play a crucial role in…
Harman Plans to Supply Digital Clusters to Electric Two-wheeler OEMs in India
The company, which has been collaboratively working with passenger vehicle majors, including Tata Motors, Mahindra & Mahindra, and Maruti Suzuki India, in India and offers a host of cockpit and digital solutions, including infotainment, telematics, audio, and digital clusters, intends…
Cake Electric Motorcycles To Be Served In Chinese Market In 2024
Swedish e-mobility specialist Cake has a wide selection of electric two-wheelers that encompass different disciplines of riding. On the one hand, it has a fun-loving electric off-roader called the Kalk, and on the other hand, it has utility-focused machines such…
Ola Electric Raises ₹3,200cr for Expansion
Ola Electric has raised Rs 3,200 crore from Temasek-led investors and SBI, the e-scooter maker said on Thursday. The funding – a mix of equity and debt – will be used towards the expansion of Ola’sEV business and setting up…
Stellantis Plans To Invest 1.5 Billion Euros in Chinese EV Manufacturer Leapmotor
Stellantis plans to invest about 1.5 billion euros, or about $1.6 billion, in Leapmotor, a Chinese electric vehicle manufacturer, the companies said late Wednesday. The European-based maker of Jeep and Ram and Leapmotor said in a joint statement that they…
Honda, GM Scrap ‘Affordable’ EV Tie-up
Japanese automaker Honda and US carmaking giant General Motors said Thursday they were scrapping a tie-up that was aimed at producing “affordable” electric vehicles from 2027. “After extensive studies and analysis, we have come to a mutual decision to discontinue…
Indian Company That Makes EV Battery Materials To Build Its First US Plant In North Carolina
An Indian company that produces a key ingredient for long-range batteries in electric vehicles said Thursday it would build its first U.S. plant in southeastern North Carolina, creating hundreds of jobs. Executives at Epsilon Advanced Materials Inc. and Gov. Roy…
