Electric Mobility

Reuters

Nov 30, 2022, 9:22 PM

Mazda To Invest $11 Billion By 2030 To Procure EV Batteries - Report

Mazda plans to invest 1.5 trillion yen ($10.6 billion) by 2030 to procure electric vehicle (EV) batteries and cooperate with battery supplier Envision AESC.

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  Reuters | Nov 30, 2022

  Saudi Wealth Fund Sets Up Electric Car Joint Venture With Foxconn

  Saudi Arabia's sovereign wealth will make electric cars in the kingdom under a joint venture with Apple supplier Foxconn.

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  Reuters | Nov 30, 2022

  Ford: U.S. Should Ease 'Foreign Entity' Rules So That More EVs Get Tax Credits

  Ford Motor Co said the U.S. Treasury Department should limit the definition of a "foreign entity of concern" to ensure more electric vehicles can qualify for up to $7,500 in consumer tax credits.

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  Sahil Gupta | Nov 30, 2022

  Lancia Reborn As An Electric Car Company

  In 2021, when FCA merged with the PSA group to form Stellantis, many believed that Lancia would be one of the brands that will be get killed off, but clearly, Stellantis has no intention of doing so.

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  Reuters | Nov 30, 2022

  Philippines To Cut Tariffs On Electric Vehicles, Parts

  President Ferdinand Marcos Jr approved removing tariffs on electric vehicles (EVs) to spur demand amid high fuel costs.

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  Reuters | Nov 30, 2022

  China's BYD To Sell EVs In Mexico In 2023, Aims For Up To 30,000 Sales In 2024

  BYD will launch its cars in Mexico next year, with a sales target of up to 30,000 vehicles in 2024.

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  Reuters | Nov 30, 2022

  BYD Set To Be China's Top-Selling Car Brand For November - Report

  BYD was the top-selling car brand in China in the first four weeks of November, outperforming Volkswagen.

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  Reuters | Nov 30, 2022

  Hyundai Motor, SK On Sign EV Battery Supply Pact For N. America

  SK Innovation Ltd's battery unit SK On said that under the terms of the memorandum of understanding (MOU), it will provide its batteries to the auto group's plants in the United States after 2025 for electric vehicle production.

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  Sahil Gupta | Dec 8, 2022

  Honda & Sony Designed EVs Could Have PS5 Built In

  The PS5 is the best-selling current generation gaming console.

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