electric vehicle News

Malaysia's Electric Vehicle Market Set for Significant Growth by 2025

Malaysia's electric vehicle market is poised for growth by 2025, with EV adoption expected to reach 3% of the total industry volume. The government's focus on affordable EV product...

Hero MotoCorp Achieves Significant Sales Growth in 2024 with 7.5% Increase

Hero MotoCorp announced a 7.5% increase in sales for 2024, reaching 59,11,065 units. The company also saw a 49% growth in global sales and made significant progress in the electric...

JSW Group Explores Electric Car Joint Venture with China's Geely Amid India's EV Boom

JSW Group is in talks with China's Geely for a joint venture in the electric vehicle sector, aiming to capitalize on India's growing EV market. This move is part of JSW's broader s...

Foxconn Eyes Nissan Acquisition for Electric Vehicle Expansion

Foxconn is reportedly considering acquiring Nissan to expand its electric-vehicle business, leveraging Nissan's expertise in car manufacturing and design. This move follows rumors ...

Honda and Nissan Explore Closer Ties Amid Intense Competition

Honda and Nissan are reportedly considering a closer alliance, potentially involving a holding company, as they navigate intense competition from Tesla and Chinese automakers. This...

Honda and Nissan to Explore Merger Amidst EV Competition

Honda and Nissan are reportedly planning to initiate merger talks to adapt to the changing automotive industry and compete against EV manufacturers like Tesla and BYD.

Honda and Nissan Enter Merger Talks to Compete in the Global EV Market

Honda Motor and Nissan Motor are entering merger talks to operate under a single holding company, aiming to better compete against global electric vehicle makers. They also conside...

Vietnam's $14B Plan to Transform Electric Vehicle Infrastructure

Vietnam plans to invest $14 billion by 2050 to develop electric vehicle charging stations, aiming to reduce greenhouse gas emissions and boost the economy. The initiative, supporte...

Proton Unveils its First Electric Vehicle in Malaysia

Proton launches its first electric vehicle, the e.MAS 7, in Malaysia, aiming to boost EV and hybrid adoption. The e.MAS 7 is priced competitively and supported by government goals ...

Stellantis and CATL Join Forces to Build a Massive Battery Plant in Spain

Stellantis NV and CATL announce a €4.1 billion joint venture to build a lithium iron phosphate battery plant in Zaragoza, Spain, aiming for a 50 GWh annual production capacity by 2...

Stellantis and CATL Join Forces for a Massive Battery Plant in Spain

Stellantis NV and CATL announce a joint venture to build a lithium iron phosphate battery plant in Zaragoza, Spain, with an investment of up to €4.1 billion. The facility aims for ...

Stellantis and CATL Join Forces for a €4.1 Billion Battery Plant in Spain

Stellantis NV and CATL announce a €4.1 billion joint venture to build an LFP battery plant in Spain, aiming for a 50 GWh annual production capacity by 2026, signaling a significant...

IndiGo Takes Legal Action Against Mahindra Electric Over 'BE 6e' EV Name

IndiGo has filed a trademark infringement suit against Mahindra Electric Automobile Ltd over the naming of its upcoming EV as 'BE 6e', arguing that '6E' is its flight code and a re...

Hyundai Motor Group Unveils Collaborative Research Initiative with Leading Indian Institutes

Hyundai Motor Group has partnered with IIT Madras, IIT Delhi, and IIT Bombay to establish a Hyundai Centre of Excellence focused on batteries and electrification technologies. The ...