Electric Cars

Reuters

Jul 15, 2022, 5:33 PM

Vietnam's VinFast Taps Banks For $4 Billion EV Factory Funding Deal

Vietnam carmaker VinFast said it has tapped Credit Suisse and Citigroup to raise at least $4 billion to build its planned electric vehicle factory in North Carolina and fund its U.S. expansion.

2 Min

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  Pratik Rakshit | Jul 14, 2022

  Hyundai Ioniq 6 Electric Sedan Revealed

  The new Hyundai Ioniq 6 electric sedan is the second electric vehicle in the company's portfolio, joining the Hyundai Ioniq 5 electric crossover.

  5 mins read
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  Reuters | Jul 14, 2022

  EV Disruptors Hit Industry Speed Bumps That Have Plagued Legacy Automakers For Years

  Electric vehicle startups that promised to disrupt the automotive industry by using a software- and technology-heavy approach are now scrambling to cut costs amid the type of industry slowdown that has bedeviled Detroit automakers over the years.

  4 mins read
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  Reuters | Jul 13, 2022

  Tesla Supplier Panasonic Eyes 20% Jump In Battery Density By 2030

  Panasonic Energy, a core Panasonic Holdings unit, plans to achieve those gains by using a new mix of additives to allow individual cells to run at a higher voltage without damaging the batteries' performance.

  4 mins read
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  Reuters | Jul 13, 2022

  Polestar EV Sales Surge In First Half, On Track For Full-Year Target

  Sales at the Swedish EV maker rose almost 125% to about 21,000 cars in the first six months of the year, up from 9,510 in the same period last year.

  1 min read
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  car&bike Team | Jul 13, 2022

  MG To Debut Air EV In India; Launch Expected By Mid 2023

  MG's compact EV for the Indian market is expected to get two range options, will be laden with features.

  3 mins read
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  Reuters | Jul 13, 2022

  VW Of America Teams With Redwood On EV Battery Recycling

  VW is the latest carmaker to partner with Redwood, which has forged similar alliances with Toyota Motor Corp, Ford Motor Co and Geely Automobile's Volvo Cars.

  1 min read
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  Pratik Rakshit | Jul 13, 2022

  Tata Nexon EV Prime Introduced With New Features And Increased Prices

  Prices for both the Tata Nexon EV Prime and Tata Nexon EV Max have also been increased by up to Rs. 1.31 lakh and Rs. 60,000 respectively depending on the variant.

  2 mins read
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  Reuters | Jul 12, 2022

  Musk's Tesla Stock Sale Windfall Dwarfs Twitter Loss

  The Tesla chief executive for now appears to be sitting on around $8.5 billion in cash raised from selling shares of the automaker late in April to finance the Twitter acquisition.

  3 mins read