Electric Mobility News

Albemarle, the world's largest producer of lithium for electric vehicles, is the latest to join ILiA after mining giants including Rio Tinto and BASF.

Waymo is among a small number of companies around the world that have billions of dollars in financing to develop self-driving cars and trucks.

The move could also reduce demand for fossil fuels in and around the region, among the biggest consumers of gasoline, natural gas and diesel.

LGES commands more than 20% of the global electric vehicle battery market and supplies Tesla Inc, Volkswagen AG and Hyundai Motor Co, among others.

Tech firms such as Alphabet's Waymo and Cruise also are developing self-driving taxis or trucks for commercial use such as ride-hailing and delivery services.

In December, Vingroup said it had started building a battery cell plant in Vietnam. The company is looking to initially produce 100,000 battery packs per year, with $174 million in investment, and then upgrade capacity to one million.

London-based Wayve's technology relies on machine learning that uses camera sensors fitted on the outside of the vehicle

With the agreement, WEG will now be the exclusive supplier of charging stations to the power company.