Electric Mobility News

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

Nov 22, 2022 04:40 PM

1 mins read

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.

India-Spec Mercedes-Benz GLB And EQB Details Revealed

By Shubham Parashar

Nov 22, 2022 04:10 AM

The Mercedes-Benz GLB will be offered in India with both diesel and petrol powertrains and in three variants - GLB 220d 4Matic, GLB 220d and GLB 200, while the EQB will be offered in a single - EQB 250 variant.

Matter Unveils Its First Electric Motorcycle With A Manual Gearbox

By Mihir Barve

Nov 21, 2022 10:40 PM

Matter will most likely launch the electric motorcycle at the 2023 Auto Expo in January.

Hero Electric Develops ‘Ultra Safe’ Battery Packs In Partnership With Battrixx

By Jaiveer Mehra

Nov 21, 2022 09:40 PM

The new battery packs will be used in Hero Electric’s range of electric scooters.

Saudi Wealth Fund Sets Up Electric Car Joint Venture With Foxconn

By Reuters

Nov 20, 2022 09:38 PM

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

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

By Reuters

Nov 20, 2022 09:36 PM

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.

Ron Baron Says Tesla Will Be Largest And Most Profitable Company In The World

By Sahil Gupta

Nov 19, 2022 02:03 AM

The Baron Partner Fund is $6 billion into Tesla while the Baron Focused Growth Fund has $700 million of Tesla’s shares in its portfolio. This means that Baron is one of the top 20 shareholders of Tesla.