EVLOMO And Rojana To Invest $1.06B To Build 8 GWh Battery Plant In Thailand
EVLOMO Incorporated and Rojana Industrial Park Public Co., Ltd. announced plans to setup an 8 GWh Lithium Battery plant in the EEC of Thailand. Together, the companies will invest up to a total of $ 1.06 billion through a new…
Xiaomi Might Be Working On An Electric Car To Launch Before Apple
Apple Car rumors began resurfacing late last year. Suddenly, Apple’s purported plans to launch an autonomous electric vehicle of its own design were featured in an increasing number of leaks. They detailed the company’s intention to partner with an established…
Australian Lithium Miner Ready For ‘Dynamic Shift’ In EV Battery Supply Chain Amid US-China Tensions
Australian miner Hawkstone Mining has successfully produced battery-grade raw lithium at its Arizona mine that would be valuable to US critical mineral and battery supply chains amid a global race to step up security in key sectors. As the United…
Japanese Truck Manufacturers Launch Development Joint Venture
The Japanese manufacturers Toyota, Hino and Isuzu want to establish a new joint venture on 1 April to promote so-called CASE technologies (Connected, Autonomous, Shared, Electric) in the commercial vehicle sector. Unsurprisingly, this also involves electric drive systems. Basically, the…
Foxconn And Vietnam’s VinFast Explore Partnership, Talks Focus On Batteries, EV Parts
Vietnam’s largest conglomerate Vingroup said its car unit was in early stage talks with Taiwan’s Foxconn about working together and that any partnership formed would focus on developing batteries and electric car parts. Foxconn has proposed acquiring EV production lines…
Volvo Group Venture Capital Invests In EV Charging Software Company Driivz
Volvo Group Venture Capital AB has invested in Driivz Ltd., a global EV charging software company which has developed a platform for managing large charging networks for electric vehicles from end-to-end. The Driivz platform functions as an operating system for…
Nissan Using Second-Life LEAF Batteries In Factory AGVs
Nissan has begun using second-life battery modules from first-generation LEAF electric vehicles as the power supply for automated guided vehicles (AGVs) in its plants. At Nissan’s Oppama plant, south of Tokyo, there are more than 700 AGVs. Globally, Nissan has…
SK Group To Invest $16.4B To Create Hydrogen Production-Distribution-Consumption Ecosystem By 2025
Korea-based SK Group will invest about 18 trillion won (US$16.4 billion) over the next five years to create a domestic hydrogen ecosystem—production, distribution, and consumption—through creation of domestic hydrogen infrastructure and also through partnerships with global companies. In the first…
Honda, KTM, Piaggio, And Yamaha To Form Consortium For Swappable Batteries
With the growing environmental concerns around the world fast pushing the need to switch to electric mobility, automakers are seen coming together to collaborate and accelerate this transition. In the latest development, leading global two-wheeler manufacturers including Japan’s Honda Motor…
Omega Seiki To Set Up Electric Vehicle Production Plant In Bangladesh
Omega Seiki Pvt Ltd, the Electric vehicles manufacturing company of Anglian Omega Group is setting up an Electric vehicle manufacturing facility near Dhaka in Bangladesh, with an investment of ₹100 crores. This will be the first project of any Indian…
