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India-Based JBM Group Produces Pure Electric Buses Equipped With Fast-Charging Batteries From Microvast

India-based JBM Group will partner with Microvast, a Chinese provider of fast-charging battery power systems, to produce pure electric buses. The 9 and 12-meter electric buses come equipped with fast-charging batteries from Microvast and can run for up to 300…

Volkswagen To Spend $2.2 Billion To Expand In China’s Electric Car Market

Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country’s economy began to reopen following the coronavirus pandemic. Volkswagen AG said it will buy…