Auto Sector

German automaker Volkswagen invests $620 million in Northvolt to secure EV battery supply

German automaker Volkswagen invests $620 million in Northvolt to secure EV battery supply

German automobile manufacturer Volkswagen has invested additional $620 million in Northvolt, a Swedish battery manufacturer having specialization in electric vehicle (EV) lithium-ion technology, to secure adequate cell capacity for its EV push.

Xpeng enjoys 483% year-over-year jump in May 2021 deliveries; thanks to robust sale of P7

Xpeng enjoys 483% year-over-year jump in May 2021 deliveries; thanks to robust sale of P7

Chinese electric vehicle manufacturer Xpeng scored an impressive year-over-year growth in deliveries of electric cars in May this year, thanks mainly to robust sales of the flagship P7 mid-sized battery-powered sedan.

Tesla offering new discounts & perks in China amid negative press

Tesla offering new discounts & perks in China amid negative press

Elon Musk-led American electric vehicle maker Tesla Motors is offering new discounts and perks in China, apparently to protect the popularity of its EVs in wake of recent negative press.

Electric Vehicle Council slams Victoria Government for proposed punitive mileage tax on electric cars

Electric Vehicle Council slams Victoria Government for proposed punitive mileage tax on electric cars

Automaker Hyundai Motor Company and many other organizations have openly opposed the Victorian government’s controversial proposal, under which a punitive mileage tax would be implemented exclusively on electric cars.

Chinese EV brand Ora unveils VW Beetle-inspired electric car Punk Cat

Chinese EV brand Ora unveils VW Beetle-inspired electric car Punk Cat

Ora, the electric vehicle (EV) brand of Chinese automobile manufacturer Great Wall Motors, used the ongoing 2021 Shanghai Auto Show to introduce the world to its new lineup of EVs, including a Classic Volkswagen (VW) Beetle-inspired electric car called the Punk Cat.

Hyundai Motor Corp to create ultra-fast EV charging network E-pit in Korea

Hyundai Motor Corp to create ultra-fast EV charging network E-pit in Korea

South Korea-based Hyundai Motor Corporation has announced plans to install a nationwide network of ultra-fast charging E-Pit stations.

Pages

Advertisements