Samsung SDI To Supply EV Batteries To Hyundai Motor Starting 2026
South Korea’s Samsung SDI (006400.KS) said on Monday it will supply Hyundai Motor (005380.KS) with electric vehicle (EV) batteries for seven years starting 2026, marking the first battery supply deal between the two companies. “The latest supply deal marks the…
China’s BYD Forecasts Higher Third-Quarter Profit on Record EV Sales
Chinese automaker BYD Co. expects third-quarter profit to rise at least 67% on the back of record electric-vehicle sales. The Warren Buffett-backed maker of electric vehicles and batteries estimated net profit for the quarter at between 9.55 billion yuan ($1.31…
2024 Kawasaki Ninja E-1 And Z e-1 Electric Motorcycles Announced
Kawasaki has been clear in its intention to bring electric motorcycles into its streetbike lineup as soon as possible and today it made good on that promise by announcing two all-new electric motorcycles: the Ninja e-1 and Z e-1. Designed…
Ola Electric Reportedly Eyeing IPO By End Of October 2023
As far as electric two-wheelers go, India’s Ola Electric is one of the fastest-growing companies in the business. Despite currently operating exclusively in India, the brand, through its visionary founder and CEO Bhavish Aggarwal, has made it clear that it…
Indian Ev Charger Market To Register Cagr Of 46.5% By 2030
Embracing the era of electric mobility, India is setting the stage for a groundbreaking transformation in its EV charging infrastructure, according to 3rd annual “2022 India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview” report released by energy advisory and services…
Jiuzi Holdings Announces Strategic Partnership Agreement To Acquire And Install Up To 10,000 Smart Electric Vehicle (Ev) Chargers By 2027
Jiuzi Holdings Inc. (NASDAQ: JZXN; the “Company” or “JZXN”), an emerging new energy vehicle (NEV) dealership group operating under the brand name “Jiuzi” in China, today provided updates on its business operations. Shenzhen Jiuzi XinNeng Holding Group Co., Ltd. (“Jiuzi”)…
U Power Limited To Deliver The Second UOTTA Battery-swapping Station For Electric Taxis By October 2023
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that the Company’s subsidiary, Youpin Automobile Service Group Co.,…
India’s Acc Ev Battery Production Could Commence In Jan 2024
Production of advanced chemistry cell (ACC) batteries in India is set to begin by January 2024, according to Union Minister for Heavy Industries, Mahindra Nath Pandey. This follows the government’s approval of the Production Linked Incentives (PLI) scheme in May…
French Carmaker Renault India Considers Bringing An Electric Car In 2024
French carmaker Renault, which has announced an investment of Rs 5,300 crore alongside its partner Nissan for India, is considering introducing a new electric car for the Indian market. This vehicle would be based on the Spring Electric architecture that…
Tata Motors To Launch 4 New EV Models By 2025
Tata Motors is planning to launch 4 new electric vehicle models under its passenger vehicles segment by 2025, according to the company’s chairman N Chandrasekaran. He was speaking at the 78th annual general meeting (AGM) of Tata Motors. “Tata Motors India…
