Electric Mobility News

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

The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received.

India is investigating the possible misappropriation of incentives given to EV makers under a Rs. 10,000 crore programme to promote their faster adoption.

Ola Electric will gradually scale up its product portfolio with new products in the electric 2-/3-/ and 4-wheeler segment with the first product coming up next year.

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 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 will ask the United States to be more flexible on EV purchase incentives for non-American carmakers.

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.