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ACC, a joint venture of Stellantis, Mercedes Benz and TotalEnergies, has a plan worth over 7 billion euros ($6.9 billion) to build three gigafactories in France, Germany and Italy with a capacity of 40-gigawatt hours (GWh) each by 2030.

Honda and LG are initially committing to investing $3.5 billion and creating 2,200 jobs but said the overall investment is projected to reach $4.4 billion.

Kavak plans to invest $130 million over the next two years in the three Middle-Eastern countries, which are set to represent 7-10% of its business.

Royal Enfield has begun testing EV prototypes in India and other parts of the world, a report from Hindu Business Line says.

PepsiCo said in a statement that the trucks would be used at its Frito-Lay plant in Modesto, California, and its PepsiCo beverages factory in Sacramento. PepsiCo has been aiming to reduce fuel costs and emissions, and reserved 100 of the trucks in 2017.

This is the first deployment of lithium titanium oxide (LTO) cells into commercial delivery vans and will help EVage vehicles with battery safety and performance, the companies said.

One of India’s largest car manufacturers, Hyundai Motor India, reported that it delivered approximately 65,000 cars across segments from the first day of Navratri that is September 26, 2022 till Bhai Duj, that was on October 26, 2022.

The 27-country EU is plotting its next move to tame soaring energy prices and shield consumers from surging bills, as Europe heads into a winter of scarce Russian gas, a cost of living crisis and the looming threat of recession.