Toyota Motor to invest $90m in US to boost hybrid transaxle and engine capacity
Toyota Motor North America said that it will invest a further $90 million in the Toyota West Virginia (TMMWV) and Toyota Tennessee (TMMTN) manufacturing facilities ... Read More
Li-Metal battery manufacturer SES AI creates subsidiary in South Korea
SES AI Corporation, a Boston-based battery technology company, has formed a subsidiary called SES Korea with intentions to construct a pre-production facility in South Korea. ... Read More
Tritium DCFC to open EV fast chargers manufacturing plant in Lebanon, TN
Tritium DCFC Limited, a developer of direct current (DC) fast chargers for electric vehicles (EVs), has revealed plans to grow its American footprint through a ... Read More
Volvo Cars, Northvolt to build battery manufacturing plant in Gothenburg
Volvo Cars and Northvolt will build a new 50GWh battery manufacturing plant in Gothenburg, Sweden with an investment of around SEK 30 billion ($3.28 billion) ... Read More
Renault, Geely to partner on producing HEVs for South Korean market
French automobile manufacturer Renault Group has signed an agreement with Chinese automotive group Geely Holding Group to launch a new collaboration aimed at manufacturing fuel-efficient ... Read More
Polestar secures $550m investment to accelerate electric vehicle innovation
Polestar, the renowned Swedish electric performance car manufacturer, has announced a significant financial boost, securing an investment of USD 550 million from a consortium of ... Read More