Spain to offer 15% tax break to boost electric vehicle adoption
The Spain Government has unveiled a new initiative to promote clean mobility in the…
Volvo announces plans to adopt Tesla-developed NACS for its EVs in North America
In a significant move towards electric vehicle charging standardization and improvement, Swedish automaker Volvo Cars has…
Ford plans layoffs as electric vehicle transition pressures mount
Ford Motor Company reportedly plans to lay off a minimum of 1,000 employees…
SAE sets performance standards for Tesla NACS, paving the way for industry standardization
In a significant development for the electric vehicle industry, prominent US automotive industry organization SAE International has announced its intention…
Nearly 50% of US car buyers intend to buy an EV, but concerns over charging infrastructures remain
US consumer interest in electric vehicles had reached an all-time high, the latest EY Mobility…
Indian Industry Minister invites Tesla to build a Gigafactory, highlighting innovation and technological prowess
The Karnataka government has recently extended a warm invitation to Tesla CEO Elon Musk, urging…
LGES to construct new factories across five US states, boosting battery production output by over 55 times by 2027
South Korean tech giant LGES is eyeing a significant improvement in its electric vehicle battery production capacity within…
Warren Buffett’s Berkshire Hathaway sells $86.3 million worth of BYD shares, alters investment priorities
Warren Buffett-led conglomerate holding firm Berkshire Hathaway has recently sold a substantial portion of…
Global supply shortage looms for EV Demand, lithium producers forecast
Lithium producers are sounding the alarm as they anticipate challenges meeting the increasingly…
China’s dominance in the global EV industry starts to weaken
China, recognized as the world's largest electric vehicle market, is witnessing a significant shift…