Electric Mobility News

China's CATL on Thursday became the first major automotive battery maker to unveil a sodium-ion battery, saying it planned to set up a supply chain for the new technology in 2023.

Panasonic Corp said first-quarter operating profit surged more than 27 times, handily beating expectations as demand for home appliances and automotive batteries recovered from a particularly weak COVID-hit year.

Redwood Materials is currently in the process of doubling its facilities in Carson City and is looking at adding over 500 jobs.

Bajaj Auto has begun accepting bookings for the Chetak once again in Pune and Bengaluru for a token of Rs. 2,000, in addition to Mysore, Aurangabad and Mangalore.

Switch Mobility, a unit of Indian commercial vehicle maker Ashok Leyland Ltd, plans production of a 'global' electric van around 2024, joining a growing field of companies racing to bring zero-emission last-mile delivery vehicles to market.

Tesla Inc showed signs of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there.

The warranty is extended from the existing three years or 100,000 kilometres to eight years or 160,000 kilometres (whichever comes first).

It remains the most credible company to be working on this breakthrough technology which could give the Volkswagen Group an edge over Tesla.