Beginning at the end of April 2023, electric vehicle drivers in Northern Ireland will be required to pay to charge their vehicles on the street. In addition, an overstay fee will be implemented to guarantee the availability of charging stations and discourage prolonged stays. It is part of ESB’s upgrade to the charging network, which […]
Continue Reading
Arrival, a British company that hopes to begin production of its van in the United States by the end of 2024, received a $300 million equity financing line from Westwood Capital on Monday. Arrival also stated that it wants to reduce the rate at which it burns cash. Over the past few months, EV companies […]
Continue Reading
BMW intends to establish a high-voltage battery assembly and electric models of the Neue Klasse at its plant in San Luis Potos beginning in 2027. The automaker announced that it would invest 800 million euros in the location of the production facility and establish approximately 1,000 new jobs there. In July 2022, there were rumors […]
Continue Reading
In Germany, government incentives to encourage buyers were reduced in January 2023, resulting in a decline in electrified vehicle sales. By reducing prices, Tesla offset the downward trend and increased sales. According to information provided by the KBA motor transport authority, the number of full-electric vehicle registrations decreased by 13% to 18,136. The number of […]
Continue Reading
After two years of sharp declines caused by the coronavirus pandemic, supply bottlenecks, and the official data showed that new car sales in Germany increased slightly in 2017. According to the federal transport authority KBA, 2.65 million vehicles were registered in Europe’s largest economy in 2022, an increase of 1.1% from the previous year. While […]
Continue Reading
On Monday, August 15, 2022, the Chairman of Mahindra, Anand Mahindra, said that with increased consumer awareness and government support in place, it is time to enter the segment of electric passenger vehicles. With a focus on gaining leadership in the electric vehicle segment, Mahindra & Mahindra announced that it will launch five new electric […]
Continue Reading
N Chandrasekaran, chairman of Tata Motors, said is aiming to sell around 50,000 electric vehicles in the fiscal year in India ending March 31, 2023, and will be doubling the figures in 2023/2024 period. During the 2021/2022 fiscal year, the company has sold 19,105 electric vehicles, along with witnessing a growth of 353 percent from […]
Continue Reading
A joint venture between Samsung and Stellantis is planning to build an electric vehicle battery factory in the region of Indiana that is going to employ around 1,400 workers and also becoming the second such factory of the company in the region of North America. The joint venture is also planning to spend over 2.5 […]
Continue Reading
Around 18 countries in the world have set the goals for fully ending the sales of the passenger vehicles powered by diesel and gasoline and around half of which have been for the end of the year 2030. The goal of China has been that, 25 percent of all the vehicles sales should be fully […]
Continue Reading
Samsung and Stellantis, which is the parent company of Jeep, Chrysler, and Dodge has now selected the region of Kokomo in Indiana as the site for the new electric vehicle battery factory of Stellantis, which has been a leading electric vehicle battery manufacturing company. The companies has also made the announcement along with the Eric […]
Continue Reading