Electric Vehicle

China's CATL Launches Battery Swap Service for Electric Cars

China’s Contemporary Amperex Technology Co Ltd on Tuesday launched a battery swap service for electric vehicles (EV) called EVOGO, which it said would allow drivers to change car batteries in one minute. The battery maker will set up swap stations in ten cities around China and users will be able to access the service via […]

Reliance, Ola Electric, Mahindra Bid for Incentives Under India's Battery Scheme

India’s Reliance Industries, Softbank Group-backed Ola Electric and automaker Mahindra & Mahindra have submitted bids under the country’s $2.4 billion battery scheme, the government said on Saturday. India last year finalised https://bit.ly/3fmg3p5 an incentive program to encourage companies to invest in the local manufacturing of batteries as it looks to establish a domestic supply chain […]

Harris unveils plan for electric vehicle charging network

The Biden administration released an ambitious federal strategy Monday to build 500,000 charging stations for electric vehicles across the country and bring down the cost of electric cars with the goal of transforming the U.S. auto industry. “The future of transportation in our nation and around the world is electric,” Vice President Kamala Harris said […]

GM reaches supply deals for electric vehicle motor magnets

General Motors has taken two more steps to make sure it has the raw materials for the transition from petroleum to battery power, this time lining up magnets for electric vehicle motors. On Thursday the company said it has a deal with MP Materials to supply rare earth metals and finished magnets for the motors […]

Toyota to build $1.3B battery plant near Greensboro, NC

Toyota announced on Monday that it plans to build a $1.3 billion electric vehicle battery plant near Greensboro, North Carolina, that will employ at least 1,750 people and help meet the auto giant’s growing goals of electric vehicle sales this decade. Company leaders joint Gov. Roy Cooper and other elected and economic-development officials gathered to […]