Electric Mobility News
Vietnam's EV Maker Vinfast Files For U.S. IPO To Fuel Global Expansion
VinFast, which began operations in 2019, is gearing up to expand in the U.S. market, where it hopes to compete with legacy automakers and startups with its two all-electric SUVs, the VF8 and VF9, including battery leasing to reduce the purchase price.
Redwood Materials Joins Electric Vehicle, Battery Trek To South Carolina
Dec 31, 2022 05:28 PM
Redwood said it will build a $3.5 billion battery materials campus in Ridgefield, about 30 miles (48.28 km) northwest of Charleston, that will recycle, refine and remanufacture cathode and anode materials
India Govt Steps Up Audit Of EV Firms Taking Subsidies - Report
Dec 31, 2022 05:28 PM
The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received.
Nikola To Sell Up To 75 Hydrogen-Powered Trucks To Plug Power
Dec 31, 2022 05:25 PM
Electric vehicle (EV) makers are looking to capitalize on tax incentives provided by the U.S. Inflation Reduction Act (IRA) to lower costs of adopting EVs for commercial purposes.
Faraday Future Slides On Signaling Need For Funds To Start Production
Dec 31, 2022 05:25 PM
The company is one of the many EV startups struggling to launch its products as a bleak global growth outlook and a funding squeeze dented production schedules and compounded losses.
Tesla To Start Mass Production Of The Cybertruck At The End Of 2023
Dec 31, 2022 05:24 PM
Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck.
Japan To Seek U.S. Flexibility On EV Purchase Incentives, Kyodo Reports
Dec 31, 2022 05:24 PM
Japan will ask the United States to be more flexible on EV purchase incentives for non-American carmakers.
U.S., EU Launch Formal Group To Discuss Conflict Over EV Subsidies
Dec 31, 2022 05:24 PM
The talks come as auto manufacturers from Stuttgart to Seoul have been angered by Biden's $430 billion "Inflation Reduction Act", enacted in August and aimed at rolling back climate change and making Washington a world leader in the EV market.
Uber, Aurora To Expand Self-Driving Truck Ops In Texas To Meet Holiday Rush
Dec 31, 2022 05:22 PM
Uber and Aurora Innovation will expand their driverless pilot program in Texas to meet increased delivery demand during the holidays.
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