Hyundai Motor Company [KRX:005380] and General Motors [NYSE: GM] have confirmed plans to jointly develop five vehicles following a framework agreement signed in September 2024. […]
Category: Global
Globally, electric vehicle sales reached 14.2 million in 2022. This represents a significant increase from 2021, when EV sales accounted for 9% of new car sales. The top 5 countries by EV sales were China, Europe, the United States, Norway, and South Korea. The global EV market size was USD 280 billion in 2022 and is expected to grow to USD 1 trillion by 2026.
Zapp appoints Green Mopeds as first UK reseller for i300 e-bike
UK-based electric vehicle company Zapp Electric Vehicles has appointed London-based Green Mopeds as its first authorised reseller for the i300 electric motorcycle in Great Britain, […]
Mer to deploy AUTEL chargers across European EV network
Norway-based EV charging operator Mer and AUTEL Energy Europe, a Netherlands-based EV charging equipment maker, have agreed to integrate AUTEL’s MaxiCharger AC products into Mer’s […]
Samsung SDI begins 4695 battery module production for US customer
Samsung SDI [KRX: 006400] has started production of 46-series cylindrical batteries and shipped its first 4695 modules from its Vietnam subsidiary to a US micro-mobility […]
LOBO EV signs Ukraine supply deal for EVs
UK-based LOBO EV Technologies, a smart electric mobility firm, has signed a supply agreement with a Ukraine-based commercial buyer on 1 March 2025, according to […]
DLL, IRU partner for low-emission fleet transition
Netherlands-based asset finance firm DLL has partnered with Switzerland-based IRU, the global road transport organisation, to support the shift to low-emission vehicle fleets, according to […]
LION Smart, hofer powertrain partner for cooled batteries
Germany-based LION Smart, a battery pack manufacturer and subsidiary of Switzerland’s LION E-Mobility, has formed a development partnership with hofer powertrain, a drivetrain systems company […]
Umicore signs pCAM supply deals with CNGR, E&D
Belgium-based battery materials producer Umicore has signed mid-to-long-term supply agreements for precursor cathode active materials (pCAM) with CNGR, a Chinese battery materials company, and Eco&Dream […]
Denmark’s IFU lends US$12.5m to Ecofy for EV, solar finance in India
Ecofy Finance, a green-focused NBFC based in India, has secured a US$12.5m long-term loan from Denmark’s state-owned development finance institution, the Investment Fund for Developing […]
ADB lends US$150m to Shriram Finance for MSME, EV funding
Multilateral lender Asian Development Bank (ADB) has signed a US$150m loan deal with India-based Shriram Finance to fund micro, small and medium-sized enterprises (MSMEs), electric […]