LG Energy Solution to Supply Batteries to Ford’s Electric Vans in Europe
LG Energy Solution has signed supply agreements with Ford Motor company to power the electrified models of Ford commercial vans in Europe. Under the contracts, LG Energy Solution is forecasted to supply a total of 109 GWh of batteries to…
Chinese Carmaker GAC Looks at Making EVs in Europe as Tariffs loom
Chinese state-owned carmaker GAC is exploring the manufacture of EVs in Europe to avoid EU tariffs, the general manager of its international business told Reuters on Sunday, joining a growing list of Chinese companies planning local production. The company is…
ZEEKR Expands European Presence by Launching in Norway, Beginning with Two EV models
Chinese EV brand ZEEKR continues to expand its global presence by sharing plans to launch in another European market – Norway. The initial rollout will consist of two of ZEEKR’s flagship models, which will become available to Norwegian customers very…
EU tariffs on Chinese EVs are Part of an ‘economic cold war,’ Hungary’s Orbán says
The European Union risks entering an “economic cold war” with China, Hungary’s prime minister said on Friday, pledging to vote against an EU plan to impose higher tariffs on the import of Chinese electric vehicles. EU countries are set to…
VREMT WILL EXHIBIT ITS INNOVATIVE NEW ENERGY TECHNOLOGY AT THE ELECTRIC VEHICLES EXPO AT AUTOMECHANIKA
ELECTRIC VEHICLES EXPO AT AUTOMECHANIKA, September 10th-14th CET, it is the first time for Geely Holding Group to lead its brands to participate in overseas expo. At the expo, VREMT, a subsidiary of Geely Holding Group, will exhibit its comprehensive…
EU Plans up to 36.3% Definitive Tariffs on EV Imports from China
The European Commission (EC) has announced a draft decision to impose up to 36.3% definitive countervailing duties on imports of battery electric vehicles (EVs) from China. The draft rates are lower than the provisional duties published on 4 July and…
Leading NBFC Muthoot Capital Bags Rs.100 Crore Impact Funding for Electric Vehicle Portfolio
Muthoot Capital Services Limited (MCSL), one of India’s fastest-growing NBFCs and a publicly traded entity of 137-year-old business conglomerate Muthoot Pappachan Group announces its partnership with UK-based Development Financial Institution for raising long-term debt funds to promote its electric vehicle…
BYD Secures New EV Leasing Partner to Take on Europe
China’s BYD has found a new EV leasing partner in Europe as it expands overseas. BYD signed a deal with leading car leasing firm Ayvens to distribute its vehicles across Europe. BYD finds new EV leasing partner for Europe…
CBAK Energy Secures Nearly USD7 Million Order From Renowned European Client
CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that its subsidiary, Dalian CBAK Power Battery Co., Ltd. (“CBAK Power”) has secured an order…
PURE EV and PDSL UK Partner to Launch Solid-state Battery Electric Scooter – New Joint Venture Will Attract Investments to the Tune of £30 – 40 million
PURE EV and PDSL UK partner to launch solid-state battery electric scooter – New joint venture will attract investments to the tune of £30 – 40 million. 7 May 2024, Coventry, UK. PURE EV, India’s leading electric 2wheeler scooter OEM,…
