Electric Mobility News
Vietnam's VinFast Taps Banks For $4 Billion EV Factory Funding Deal
Vietnam carmaker VinFast said it has tapped Credit Suisse and Citigroup to raise at least $4 billion to build its planned electric vehicle factory in North Carolina and fund its U.S. expansion.
S.Korea's LG Energy Solution To Supply Batteries To India's Mahindra -Report
Jul 30, 2022 02:32 AM
South Korean battery maker LG Energy Solution is set to supply batteries to Mahindra & Mahindra's first electric sports utility vehicle (SUV).
Samsung Electro-Mechanics Says In Talks With Tesla To Possibly Supply Camera Modules
Jul 30, 2022 02:28 AM
Samsung Electro-Mechanics said that it is in talks with Tesla Inc to possibly supply camera modules, but that it cannot reveal the deal size or amount at this time.
Ferrari To Churn Out Gas Guzzlers On Its Slow Road To Electric
Jul 30, 2022 02:25 AM
Ferrari makes some of the fastest cars on the road, but the luxury Italian automaker is taking the slow lane to an electric future as it tries to overcome the technology's disadvantages against today's powerful fossil fuel engines.
Evergrande's EV Unit Says It Receives Pre-Orders For More Than 37,000 Hengchi EVs
Jul 30, 2022 02:15 AM
China Evergrande New Energy Vehicle Group Ltd said it had received non-binding pre-orders for more than 37,000 units of its first model Hengchi 5.
Amazon-Owned Self Driving Firm Zoox Seeks To Test Robotaxi In California
Jul 30, 2022 02:07 AM
Zoox, a self-driving technology firm owned by Amazon.com Inc, said it was gearing up to launch its robotaxi business, self-certifying that its vehicle with no pedals or steering wheel meets U.S. federal regulations and applying for a permit in California to test-drive it.
Silk-FAW Confirms Plan To Build Electric Sports Cars In Italy
Jul 30, 2022 02:01 AM
Silk-FAW, a start-up of U.S. automotive engineering and design firm Silk EV and Chinese automaker FAW, said it would press ahead with a plan, worth over one billion euros ($1.02 billion), to build electrified cars in Italy.
Tiny Bolivian Automaker Bets It Can Tap World's Largest Lithium Deposits
Jul 30, 2022 01:47 AM
A Bolivian startup is betting on the Andean nation's unlikely push to mine the world's largest lithium deposits, building tiny electric cars that it hopes can be adopted throughout Latin America with locally made batteries.
Reliance, Ola Electric, Rajesh Exports Agree To Build Batteries In India
Jul 30, 2022 01:38 AM
Reliance Industries, Softbank Group-backed Ola Electric and Indian jewellery maker Rajesh Exports signed final agreements to build battery cells under a $2.3 billion government incentive program.