IKEA Foundation on Tuesday (March) announced a new initiative for backing zero-emission road transportation in emerging markets with an investment of $100 million over four ye...

US President Joe Biden announced the country's strictest vehicle exhaust emissions regulations as part of attempts to accelerate the transition to electric vehicles. The new norms ...

Leading two-wheeler and three-wheeler manufacturer globally, TVS Motor Company's Singapore-based arm has acquired an additional 8,000 equity shares for €4 million in Killwatt GmbH,...

The US Department of Energy announced it has issued preliminary approval for nearly $710 million in loans to companies manufacturing electric vehicle (EV) components. The lion's sh...

Stellantis announced it would invest €103 million to increase production capacity of electric drive modules (EDMs) at its Szentgotthard plant, Hungary. The new capacity is expected...

GODI India Private Ltd has signed an MoU with Telangana to set up a 12.5 GWh cell manufacturing facility with an investment of ₹8,000 crore, the parties announced. The agreement wa...

China's revised taxation policy for the purchase of new energy vehicles (NEVs) has come into effect from the start of this year. The current taxation scheme has replaced the t...

Indian EV ride-hailing and charging infra service provider BluSmart Mobility has announced a fresh round of funding worth $24 million in a fresh round of equity from exis...

Ford Pro, the commercial division within Ford Motor Co. and American utility, Xcel Energy have launched a new 30x30 initiative that aims to install 30,000 electric v...

Swedish heavy-duty transport solutions provider, Scania AB, along with digital road-freight forwarder, sennder, have joined forces to launch a new joint venture to drive large-scal...