Electric Mobility News
S.Korea's LGES Plans New EV Battery Plant In Europe
Tesla supplier LG Energy Solution Ltd (LGES) said it was looking at sites in Europe for a new battery plant and would ramp up production in Asia outside of China, where COVID lockdowns and rising costs were weighing on profits.
Panasonic's Q1 Profit Hit By China Lockdowns, Rising Material Costs
Jul 29, 2022 11:16 PM
Panasonic does not currently plan to increase the price of the auto batteries it builds for Tesla, even though it is paying more for the cobalt and other materials it uses to make them.
Canada Welcomes U.S. Bill To Expand North American EV Tax Credits
Jul 29, 2022 11:13 PM
The bill includes an expansion of tax credits for electric vehicles produced in North America that does not discriminate against those manufactured in Canada.
Maruti Suzuki Hopes Government Will Support Green Tech Beyond EVs
Jul 29, 2022 10:10 PM
Maruti Suzuki has been late to the EV party and has allowed Tata Motors to take the lead in the EV space.
Tesla Growing Rapidly In Australia
Jul 29, 2022 09:45 PM
The world’s most valuable car maker is gaining ground in Australia.
Elon Musk’s Feud With Twitter Could Attract SEC
Jul 29, 2022 09:42 PM
Elon Musk’s reversal on his proposed Twitter acquisition could get the Tesla CEO in more trouble with regulators
Silk-FAW May Not invest In Italy For Electric Sports Car Project
Jul 29, 2022 09:17 PM
The Emilia-Romagna region is known for hosting the F1 race at Imola track which is named after Ferrari’s founder.
Envision To Build EV Factory In Spain
Jul 29, 2022 09:17 PM
Chinese green tech company Envision will be investing $3.9 billion to build a battery facility in Spain.
For EV Battery Makers, It’s Go Small Or Go Home
Jul 29, 2022 09:16 PM
EV battery makers are focussed on making their cells smaller.
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