Indian Startup Signs Pact To Explore EV Production Facility in Saudi Arabia
Indian startup Pravaig Dynamics has signed a memorandum of understanding (MoU) to explore setting up a left-hand drive electric vehicle (EV) manufacturing unit in Saudi Arabia. The unit will have a capacity of up to one million vehicles to cater…
Foxconn Plans To Set Up EV Production Line In India
Taiwanese contract manufacturer Foxconn has said in its latest annual report that it plans to set up a production line for two-wheeled electric vehicles (EVs) in India. The company intends to use the facility to cater to EV demand across…
LME Works With Chinese Commodities Exchange To Launch EV Battery Metal Contracts As Demand
Qianhai Mercantile Exchange (QME), a Chinese commodities trading platform, is working with its sister company, the London Metal Exchange, to launch battery metal contracts. The bourse, owned by Hong Kong Exchanges and Clearing (HKEX), was studying the possibility of offering investors…
