Electric Mobility News

India's KABIL, a mining joint venture between National Aluminium Co, Hindustan Copper Ltd and Mineral Exploration Corp Ltd, has signed a preliminary agreement with Australia's Critical Minerals Facilitation Office (CMFO) in a bid to firm up supplies of key minerals needed to further its electric vehicle plans.

According to reports, the government has ordered an inquiry into the increasing number of incidents of fire in electric two-wheelers, including electric scooters of Ola Electric and Okinawa Electric.

Surge in prices of raw materials like nickel, cobalt and lithium affecting cost of EV batteries.

Electric vehicle (EV) battery startup Britishvolt and VKTR, part of Bakrie & Brothers' auto unit, said on Tuesday they would develop sustainable nickel refining capacity in Indonesia and look into building a battery plant there.

Nio said in a statement that raw material prices and chip supply and demand were causing large changes to supply chain costs.

The company, backed by Chinese social media firm Sina Corp, said the exploration process does not include plans for a divestiture or a similar transaction for any of its businesses or subsidiaries.

Great Wall Motor in 2020 took over the General Motors plant in Thailand, Asia's fourth-largest auto assembly and export hub.

GM has partnered with South Korea's POSCO Chemical to make battery materials in Canada, with a goal of having the new plant running by 2025.