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EV plant

Michigan: Ford scales back Michigan EV battery plant, restarts construction

by Adesola Mojo
Michigan: Ford scales back Michigan EV battery plant, restarts construction

Ford Motor announced on Tuesday that it would scale back investment, capacity, and job numbers for an electric-vehicle (EV) battery plant in Michigan. The decision comes amid criticism from U.S. …

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Categories Automobile

EV Plant: Hyundai to set up EV plant to produce 200,000 vehicles every year

by Adesola Mojo
EV Plant: Hyundai to set up EV plant to produce 200,000 vehicles every year

Hyundai is set to invest 2 trillion won ($1.51 billion) in the construction of a new electric vehicle (EV) factory spanning 548,000 square meters in Ulsan, approximately 300 kilometers southeast …

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Categories Automobile

Tesla-rival VinFast eyeing India entry: Plans to invest up to Rs 1,665 crore for EV plant

by Adesola Mojo
Tesla-rival VinFast eyeing India entry: Plans to invest up to Rs 1,665 crore for EV plant

Vietnamese EV manufacturer VinFast Auto has announced its plans to invest up to USD 200 million (about Rs 1,665 crore) to set up assembly units in India and Indonesia, with …

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Categories Automobile

Stellantis: Samsung SDI, Stellantis choose Indiana for second joint EV battery plant

by Adesola Mojo
Stellantis: Samsung SDI, Stellantis choose Indiana for second joint EV battery plant

Stellantis and South Korea’s Samsung SDI Co Ltd said on Wednesday they will build a second electric vehicle battery plant in Kokomo, IN, the hometown of United Auto Workers President …

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Categories Automobile

Ashok Leyland: Ashok Leyland, Uttar Pradesh govt to set up commercial vehicle, e-bus plant

by Adesola Mojo
Ashok Leyland: Ashok Leyland, Uttar Pradesh govt to set up commercial vehicle, e-bus plant

Lucknow: Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer on Friday signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government …

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Categories Automobile

Nissan Plans to Allocate up to 600 Million Euros for New Renault EV Unit Investment

by Adesola Mojo
Nissan Plans to Allocate up to 600 Million Euros for New Renault EV Unit Investment

TOKYO – Nissan and Renault on Wednesday finalized the terms of their revamped alliance, with the Japanese automaker committing to invest up to 600 million euros ($663 million) in its …

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Categories Automobile

Pravaig Enters Agreement to Establish Electric Vehicle Manufacturing Plant in Saudi Arabia

by Adesola Mojo
Pravaig Enters Agreement to Establish Electric Vehicle Manufacturing Plant in Saudi Arabia

New Delhi – Pravaig, India’s leading electric vehicle (EV) original equipment manufacturer, has signed an MoU to explore setting up a left-hand drive EV manufacturing unit in Saudi Arabia with …

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Categories Automobile

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