Volkswagen guarantees no layoffs for a decade in historic worker deal
Volkswagen AG has struck a pivotal agreement with its employee representatives, safeguarding 120,000 jobs across its German operations while ensuring no plant closures or involuntary ... Read More
Ford and SK On’s JV BlueOval SK receives record-breaking loan for U.S. battery plants
The U.S. Department of Energy (DOE) has finalized a direct loan of up to $9.63 billion to BlueOval SK LLC (BOSK), a joint venture between ... Read More
Nano One Materials secures C$18m to boost lithium iron phosphate production at Candiac facility
Nano One Materials Corp. has announced an exciting development for its lithium iron phosphate (LFP) production as it secured C$18 million in funding from the ... Read More
ChargePoint posts Q3 FY2025 revenue of $100m amid shifting market dynamics
ChargePoint Holdings, Inc. (NYSE: CHPT), a prominent player in electric vehicle charging, reported its financial results for the third quarter of fiscal year 2025, showcasing ... Read More
Rivian Automotive receives $6.6bn federal backing for new Georgia EV plant
Rivian Automotive, the all-electric vehicle manufacturer, has announced a conditional commitment for up to $6.6 billion in funding from the U.S. Department of Energy’s (DOE) ... Read More
Revolt Motors drives electric mobility revolution with dealership expansion
Revolt Motors, a pioneer in India’s electric motorcycle industry, has taken a giant leap in accelerating the nation’s transition to sustainable transportation by expanding its ... Read More
PG Electroplast enters EV market with Spiro Mobility collaboration
PG Electroplast Limited (NSE: PGEL), a leader in electronic manufacturing services and plastic molding, has unveiled its expansion into the electric vehicle (EV) and lithium-ion ... Read More
Elon Musk’s fortune skyrockets by $68bn as Tesla stock explodes after election!
In the wake of the recent U.S. presidential election, Tesla Inc. has experienced a remarkable surge in its stock value, significantly enhancing CEO Elon Musk's ... Read More
India’s strategic move: Eyes on US pact to break China’s dominance over critical minerals
In a strategic bid to counter China's dominance over the global supply of critical minerals, India has signed a memorandum of understanding (MoU) with the ... Read More
Crédit Agricole targets Chinese EV market with GAC Finance Leasing deal
In a significant development aimed at tapping into China’s burgeoning electric vehicle (EV) market, Crédit Agricole Personal Finance & Mobility has announced plans to acquire ... Read More