Electric Mobility News
Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023
Indonesia targets 20% of overall car sales in 2025 to be EVs
China's BYD To Start Selling Evs In Japan By Early 2023
Dec 28, 2022 03:23 PM
China's BYD, in which Berkshire Hathaway owns a stake, said it will roll out an electric sports utility vehicle, ATTO 3, in Japan starting Jan. 31. The car has a cruising distance of 485 kilometres and will cost 4.4 million yen ($32,735.66).
Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035
Dec 28, 2022 03:23 PM
In a letter published on Thursday the group said its signatories "urge the European Commission to set all new freight trucks on a path to zero emission from 2035," with a five-year exemption for vocational vehicles such as construction, mining and timber trucks that will require longer to develop and produce at scale.
Tesla Falls On Growing Angst Over Musk's Focus On Twitter
Dec 28, 2022 03:23 PM
Analysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand.
Israeli Startup Makes Inroads With Personal Flying Vehicle
Dec 28, 2022 03:23 PM
The test-phase voyage may not look out of the ordinary at first given the huge progress made in drone technology. Another propellered aircraft rising vertically off the ground and then thrusting forward high in the sky.
TuSimple Plans To Layoff Half Its Workforce Next Week - Report
Dec 28, 2022 03:23 PM
Self driving trucking company TuSimple Holdings Inc plans to potentially cut half of its workforce next week.
Mahindra To Invest $1.2 Billion (Rs. 10,000 Crore) In New EV Plant
Dec 28, 2022 03:23 PM
Mahindra Ltd said it would invest 100 billion rupees ($1.21 billion) to set up an electric vehicle (EV) manufacturing plant near the western city of Pune.
China's CATL To Provide EV Batteries For Honda Starting In 2024
Dec 28, 2022 03:22 PM
CATL would supply batteries for seven years for Honda's electric vehicles in China.
Swedish Self-Driving Truck Start-Up Einride Raises More Cash
Dec 28, 2022 03:22 PM
Einride had agreed to raise capital of $500 million from debt, equity and the conversion of earlier loans, speeding up the company's ability to pursue new markets and customers.