China’s GEM Seeks To Double Stake, Take Control Of Indonesia Nickel Project
Chinese electric vehicle battery firm GEM Co Ltd said on Monday it aims to double its stake in an Indonesian nickel project, becoming the majority investor to strengthen “strategic control” of the resources amid a nickel shortage. Under a framework…
Foxconn Seals Manufacturing Deal With Chinese EV Startup Byton
Apple Inc. supplier Foxconn Technology Group signed a strategic cooperation deal with embattled Chinese electric-vehicle startup Byton Ltd. in a transaction that could mark a large bet by the iPhone assembler on the car-making business. The companies, aided by the…
Telangana Government To Use EVs On Monthly-Hire, Calls For Fleet Operators To Empanel
The Telangana State Renewable Energy Development Corporation (TSREDCO) has invited bids for the empanelment of travel firms, agencies, and fleet operators to supply electric cars on a monthly hire basis (2,500 km/month) for official use across Telangana by state government…
Ford, Mahindra Call Off Auto Joint Venture
Ford Motor Co said it was calling off its automotive joint venture with India’s Mahindra and Mahindra Ltd due to the challenges caused by the COVID-19 pandemic. The companies said in separate statements that the decision was driven by changes…
Hero Electric Partners With eBikeGO, To Provide 1000 Units Of Nyx Electric Scooter
India’s Largest Electric two-wheeler company, Hero Electric has announced its partnership with the Amritsar-born and now Mumbai-based Electric mobility start-up eBikeGO for last-mile deliveries, for their expertise in EV technology and IoT-enabled operations. Hero Electric has supplied the first 120…
Fiat Chrysler Will Build Jeep, Alfa Romeo EVs In Poland
Fiat Chrysler Automobiles will modernize its Polish plant to build hybrid and electric Jeeps, Fiats and Alfa Romeos. The company plans to start production of the first of three new models at its factory in Tychy in the second half…
Indonesia Says $9.8 Billion EV Battery MOU Agreed With LG Energy Solution
Indonesia and a unit of South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle (EV) battery investment deal, the head of Indonesia’s Investment Coordinating Board said. The deal was signed on…
Kandi Enters Into Strategic Cooperation Agreement With Agricultural Bank Of China Hangzhou Branch
Kandi Technologies Group, Inc. (the “Company” or “Kandi”) announced today that it entered into a strategic cooperation agreement with the Hangzhou Branch of the Agricultural Bank of China. Given China’s effort to both encourage the battery swap model for electric…
EV COSMOS Ties Up With ChargeNet For 500 EV Charging Stations In India
Indian electric vehicle charging solution provider firm EV COSMOS India announced its tie up with ChargeNET for setting up 500 public electric vehicle charging stations in India. EV Cosmos, an Indian organisation that focuses on the development and delivery of…
Volkswagen Teases An Electric Car-Charging Robot With Eyes
Volkswagen says it’s made a prototype of the electric vehicle charging robot concept it first showed off in proof-of-concept form in late 2019, and that it plans to keep developing the idea. The giant German automaker apparently liked the concept…
