Italvolt has pledged to invest 3.4 billion euros ($3.9 billion) to build a battery production facility in Scarmagno, near Turin, to meet growing demand for lithium-ion batteries from Europe's automotive industry.
The additional investment, which adds to an existing A$72 million commitment and will be spent by the end of June 2025, will also aid purchases of electric cars and buses for government and business fleets.
China Evergrande New Energy Vehicle Group Ltd will issue about 900 million shares at HK$3 apiece through a top-up placement to controlling shareholder Evergrande Health Industry Holdings Ltd, after striking a similar deal with it last week.
Germany aims to have at least 15 million electric cars on the roads by 2030 in its shift towards climate neutrality, up from a previous goal of 14 million.
We present a list of road trip hacks that will help you on your way by making your car cleaner and your kids happier. Did we mention it will make your road trip even more fun and enjoyable? Don't hold back your excitement, and let's dive in!
The first prototypes of the Rolls-Royce Spectre EV are completed winter testing in temperatures under -26 degrees centigrade and further cooled to -40 degrees centigrade, about 55 km from the Arctic circle.
