Electric Mobility News
Stellantis, GME Resources Seal Nickel And Cobalt Deal For Battery Production
The deal marks a further move by the world's fourth largest carmaker to lock down supplies of metals needed for batteries that power EV cars, ahead of an expected surge in global demand as a transition towards cleaner mobility gains traction.
EV Maker Lucid Files For New Offering To Raise $8 Billion In Stages
Nov 30, 2022 10:12 PM
Lucid filed for a new offering of up to $8 billion as the luxury electric-vehicle maker looks to beef up working capital at a time when supply snarls have crimped its production.
Piedmont To Build Lithium Plant In Tennessee For EV Market
Nov 30, 2022 10:12 PM
Piedmont Lithium will build a lithium processing plant in Tennessee to supply the rapidly-growing electric vehicle (EV) industry.
Germany To Spend 6.3 Billion Euros On Push For Electric Car Charging Points
Nov 30, 2022 10:09 PM
The plan envisages a 14-fold increase in the number of charging stations, climbing to 1 million by 2030 from around 70,000 now. It would focus on building them in local municipalities which are currently undersupplied.
Mercedes Signs 1.5 Billion Eur Deal With Rock Tech Lithium To Push E-Car Drive
Nov 30, 2022 10:09 PM
The deal allows the luxury carmaker to supply its battery partners with raw material, starting in 2026, including a qualification period, in order to rapidly scale up production of fully electric vehicles, it said in a statement.
China's Evergrande Delivers First Electric Vehicles
Nov 30, 2022 10:09 PM
The company, a unit of heavily indebted property developer China Evergrande Group, launched production of the vehicle at a plant in the northern city of Tianjin last month.
RattanIndia To Buy Electric Motorcycle Maker Revolt
Nov 30, 2022 10:05 PM
RattanIndia, whose shares soared 10% in morning trade, did not disclose the size of the deal. It's buying the stake in Revolt Motors at a time when eco-conscious consumers are turning to alternatives to conventional vehicles.
Musk Says Pepsi To Receive Tesla's First Semi Trucks In December
Nov 30, 2022 10:04 PM
Tesla Inc is starting Semi electric commercial truck production and PepsiCo Inc will get the first deliveries on Dec. 1, the electric vehicle maker's chief Elon Musk tweeted on Thursday.
EV Boom Requires US To Change Weight Limits For Trucks
Nov 30, 2022 10:03 PM
Progressively, the amount of load the US roads take has increased and now EVs are pushing those numbers further