Electric Vehicles

Ford to Buy Cheaper CATL EV Batteries to Catch Tesla

Ford Motor Co on Thursday said it will import lower-cost lithium iron batteries for its North American electric pickup trucks and SUVs from Chinese battery champion CATL, as it works on a broader alliance with CATL and an array of separate deals to secure battery and battery materials into the next decade. Ford Vice President […]

Tata Motors Aims to Sell 50,000 EVs in This Fiscal Year

Tata Motors aims to sell about 50,000 electric vehicles (EVs) in the fiscal year to March 31, and double that in the 2023/24 period, Chairman N Chandrasekaran told a shareholders’ meeting on Monday. In 2021/22, Tata Motors sold 19,105 EVs, a growth of 353 percent from the previous fiscal year. Chandrasekaran also said that his […]

UK Launches Data Centre for Critical Minerals

Britain on Monday launched a centre to gather data and analyse information on the supply of critical minerals such as cobalt and lithium, key for electric vehicle (EV) batteries. The centre, to be run by the British Geological Survey, will use the data to help to find ways to source minerals needed for green technologies […]

British EV Startup Tevva Launches Hydrogen Booster Truck Model

British commercial electric vehicle (EV) startup Tevva on Thursday launched its first truck with a hydrogen fuel cell booster which should drive up to 310 miles (499 km) and provide fleet operators with greater zero-emission range. Tilbury, England-based Tevva has so far raised $140 million from investors and later this year will launch production of […]

VW: EV Battery Output Bigger Challenge Than EU Combustion Engine Ban

The EU deal to phase out combustion engine cars in just over 12 years is challenging, but a more daunting obstacle will be making enough batteries to power the electric cars needed as a result, a senior Volkswagen executive said on Wednesday. The comment was made after European Union countries clinched deals on proposed laws […]

Japan's Renesas, India's Tata Motors Partner to Develop Chip Solutions

Japanese chipmaker Renesas Electronics Corp and India’s Tata Motors have formed a strategic partnership to design, develop and make semiconductor solutions, the firms said on Wednesday. The move comes as a persistent global shortage of semiconductor chips has hobbled the automotive and electronics industries, among others, forcing production cutbacks, while highlighting global dependence on a […]

Toyota, Suzuki Take Hybrid Route in India for Local, Global Markets

Toyota Motor Corp and Suzuki Motor Corp on Friday said they would begin production of hybrid vehicles in India, a category that Toyota has said is currently best suited to such markets. A Toyota plant in southern India would in August begin building a hybrid sport utility vehicle (SUV) developed by Suzuki, the companies said. […]

BlackBerry Revenue Tops Estimates on Auto, Cybersecurity Tech Demand

Canada’s BlackBerry Ltd topped Wall Street estimates for first-quarter revenue on Thursday, powered by growth in its auto products and cybersecurity services segments. Soaring demand for electric vehicles and connected-car technologies boosted sales of BlackBerry’s auto software, used in cars made by General Motors, Mercedes-Benz and Toyota, among others. BlackBerry said that revenue from its […]

Saudi EV Plant Likely to be One of Three in Kingdom, says Minister

An electric vehicle (EV) assembly plant to be built in Saudi Arabia is likely to be one of three in the kingdom, investment minister Khalid Al-Falih said on Wednesday. United States-based EV maker Lucid Motors, which is more than 60% owned by Saudi Arabia’s sovereign wealth fund, plans to build its first overseas production factory […]