Electric Mobility
Reuters
Mar 31, 2022, 2:35 AM
A Volkswagen spokesperson confirmed Diess' position that Tesla and others' presence in Germany heightened the urgency of transitioning to EVs, but denied that specific calculations had been made on how many jobs could be lost in the process.
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Reuters | Mar 31, 2022Indian Businesses Seek Government Support To Meet 2030 EV TargetMore than 25 companies, including automakers Mahindra & Mahindra and Volvo, oil giant Shell, and clean mobility startups, want India to set firm targets and frame policies to support the transition to electric vehicles.1 min read
Reuters | Mar 31, 2022Commercial EV Startup ELMS Signs Battery Supply Deal With CATLThe companies are also exploring a setup where CATL would have a U.S. plant that would make battery cells and ship them to the ELMS plant in Indiana for assembly into battery packs.1 min read
car&bike Team | Mar 31, 2022Tesla Climbs As Other EV Makers Hit Brakes After RallyInvestors exchanged $33.8 billion worth of Tesla shares on Wednesday, more than any other company on Wall Street and more than double the turnover of Apple, the second most traded company, according to Refinitiv.1 min read
car&bike Team | Mar 31, 2022California OKs $1.4 Billion Plan For Car Chargers, Hydrogen RefuelingThe CEC said the plan, approved on Monday, will support California Governor Gavin Newsom's executive order phasing out the sale of new gasoline-powered passenger vehicles by 2035.1 min read
car&bike Team | Mar 31, 2022Battery Swap Startup Ample Hits Unicorn Status With New Funding RoundThe latest funding comes on the heels of a $160 million round in August that boosted the companys valuation to $890 million, according to investor website PitchBook.1 min read
car&bike Team | Mar 31, 2022Startup Italvolt Signs Deal With Engie's Equans In Italy Battery Facility PlanItalvolt has pledged to invest 3.4 billion euros ($3.9 billion) to build a battery production facility in Scarmagno, near Turin, to meet growing demand for lithium-ion batteries from Europe's automotive industry.1 min read
car&bike Team | Mar 31, 2022Australia Bumps Up Investment In EV Chargers, Shuns Sales TargetsThe additional investment, which adds to an existing A$72 million commitment and will be spent by the end of June 2025, will also aid purchases of electric cars and buses for government and business fleets.1 min read
car&bike Team | Mar 31, 2022China Evergrande EV Unit To Raise $347 Million From Share Sale To Fund ProductionChina Evergrande New Energy Vehicle Group Ltd will issue about 900 million shares at HK$3 apiece through a top-up placement to controlling shareholder Evergrande Health Industry Holdings Ltd, after striking a similar deal with it last week.1 min read
