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…
Svitch CSR 762 Electric Bike To Hit Market In 90 Days
Svitch MotoCorp has announced that it will bring out its first electric motorcycle– the CSR 762–- in the market within the next 90 days. The motorcycle was showcased almost two years ago and was scheduled to make its debut in…
US-China Trade War Escalates, Potentially Driving Up EV Prices
US-China , Trade War Escalates, , Potentially Driving Up EV Prices. Prices for electric vehicles (EVs) in the United States may surge higher as a result of China’s new export controls on graphite, an essential material for EV batteries. On…
RACE Energy Partners With LOHUM For EV Battery Recycling
RACE Energy, an India-based deep-tech electric vehicle (EV) infrastructure company specializing in battery swapping has announced a strategic partnership with LOHUM, a leading producer of sustainable energy transition materials through recycling and refining. This partnership aligns with the Extended Producer…
Chinese EV Battery Giant CATL Reports Sharp Slowdown in Profit Growth
China’s CATL (300750.SZ), the world’s largest battery maker for electric vehicles (EV), said on Thursday that third-quarter profit rose 10.7%, its weakest quarter since the start of last year as slowing demand and stiff competition hit. This compared with a…
Suzuki Eyes to Make India Global Electric Car Manufacturing Hub
Maruti Suzuki’s parent Suzuki Motor Corporation plans to make India its global electric car manufacturing hub with the first batch of vehicles expected to be rolled out as early as 2025, according to a news report. Suzuki will start producing…
Terra Motors ventures into EV charging space in India
Japanese electric vehicle maker Terra Motors Corporation on Thursday said it has forayed into EV charging infrastructure space in India. The company has launched Terra Charge, its EV charging infrastructure development venture, in India. In a statement, the company said…
Bolt.Earth Secures US$20M for Global EV Charging & Software Expansion
India-based electric vehicle (EV) infrastructure and software company, Bolt.Earth, has recently completed a funding round, raising US$20 million. The landmark funding round was spearheaded by a consortium of both longstanding and new investors, featuring notable names including Union Square Ventures,…
The Chinese Company That Loses $55,000 on Every Electric Car It Makes
Chinese electric car manufacturer Nio continues to stay afloat despite having lost an estimated A$55,000 on every car it sold in the second quarter of this year. It’s one of many electric car companies that enjoys the backing of China’s…
Auto Giant Renault Nissan Uses EV Transition to Undermine Conditions at Chennai, India Plant
Global auto giant Renault Nissan is in the process of gutting working conditions at its car assembly plant in Oragadam on the outskirts of Chennai, the capital of the south Indian state of Tamil Nadu, as part of its transition…
