Auto parts supplier Aptiv Plc said it would acquire a majority stake in a unit of Italy' Intercable for 595 million euros ($605.71 million), allowing the U.S. company access to technology used in electric vehicles (EVs).
Citroen recently launched the C3 SUV-inspired B-Segment hatchback in India, and the French automaker will soon launch an electrified version of the same.
Tesla is considering setting up a lithium refinery on the gulf coast of Texas, as it looks to secure supply of the key component used in batteries amid surging demand for electric vehicles.
Large corporations are jumping on the "green" bandwagon left and right, which in turn is pushing firms that lease and manage car fleets to convert to electric vehicles (EVs) faster than they had ever thought possible.
Tesla will launch an open-door event on Sunday for its workers to inform local residents about the progress and environmental footprint at its German gigafactory in Gruenheide.
On occasion of World EV Day, Sunfuel Electric and Radisson Hotel Group extended their partnership by installing a 22 kW EV charger at Radisson Blu Plaza, Delhi Airport.
