Electric Mobility News

The first Range Rover vehicles with this advanced technology will be available from 2024, and the new all-electric Jaguar brand in 2025.

There are reportedly several electric R models at different planning stages but a timeline for the launch of these models is yet to be revealed.

Original equipment manufacturers' battery-electric and hybrid vehicle sales aspirations will face strong headwinds as they scramble for raw materials, with annual market demand for lithium-ion batteries pegged at about 3.4 Terawatt hours (TWh) by 2030.

The deal marks a further move by the world's fourth largest carmaker to lock down supplies of metals needed for batteries that power EV cars, ahead of an expected surge in global demand as a transition towards cleaner mobility gains traction.

Lucid filed for a new offering of up to $8 billion as the luxury electric-vehicle maker looks to beef up working capital at a time when supply snarls have crimped its production.

Piedmont Lithium will build a lithium processing plant in Tennessee to supply the rapidly-growing electric vehicle (EV) industry.

The plan envisages a 14-fold increase in the number of charging stations, climbing to 1 million by 2030 from around 70,000 now. It would focus on building them in local municipalities which are currently undersupplied.

The deal allows the luxury carmaker to supply its battery partners with raw material, starting in 2026, including a qualification period, in order to rapidly scale up production of fully electric vehicles, it said in a statement.