Xpeng plans 30 new models to survive Chinese competition

Chinese EV company Xpeng will launch 30 new models in the coming three years to survive what its Chairman and CEO He Xiaopeng called a 'sea of blood' --- the competition between Ch... Read More

Ashok Leyland breaks ground for a greenfield plant to build electric buses

Indian commercial vehicle manufacturer Ashok Leyland has announced the ground-breaking of its new integrated commercial vehicle plant focused on green mobility, whic... Read More

BYD goes upscale, plans to launch multiple luxury models this year

Chinese carmaker BYD plans to launch a number of "high-end luxury" models by the end of this year, the company told the Hong Kong stock market in an exchange filing. The move refle... Read More

Stellantis evaluates building Leapmotor EVs at Mirafiori complex in Italy

Carmaker Stellantis could build up to 150,000 low-cost electric vehicles (EVs) at the company's Mirafiori complex in Turin from 2026 or 2027, news reports say. The company is repor... Read More

Octopus Energy kick-starts vehicle-to-grid tariff for EVs in UK

Energy tech firm Octopus Energy has recently launched vehicle-to-grid (V2G) tariff 'Octopus Power Pack' in the United Kingdom, the country's first mass market V2G scheme,... Read More

VinFast launches EVs in Indonesia; to establish nationwide charging network

Vietnamese automaker VinFast is debuting the company's first range of right-hand drive electric cars at the on-going Indonesia International Motor Show (IIMS) 2024. The brand'... Read More

M&M evaluates giga factory in India, signs supply agreement for Volkswagen EV platform

Indian auto maker Mahindra & Mahindra (M&M) is considering whether to open a battery plant in India, group CEO and MD Anish Shah told reporters. "We are going to look at… o... Read More

Panasonic to invest in NMG to boost EV battery supply chain in North America

Panasonic Energy has signed a seven-year offtake agreement for the supply of natural graphite with Canada-based Nouveau Monde Graphite Inc. (NMG), a renowned manufacturer... Read More

LG Energy signs second offtake agreement with WesCEF to secure stable supply of lithium

LG Energy Solutions, one of the leading producers of lithium-ion batteries for automotive, IT, and energy storage systems on Wednesday announced that it has sig... Read More

IOC increases holdings in Phinergy to 17%; Move to fortify Phinergy’s telecom backup power biz

Indian Oil Corporation Ltd (IOC), India's state-owned multinational energy company has completed the second round of investment in Israel-based, Phinergy, bringing its holding in t... Read More