In 2023,LML Electric to launch first EV product in India
HARYANA, 27 September 2022: LML Electric, plans to raise up to INR 500 crore to finance for the construction of its own manufacturing facilities and the growth of the company,….
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.
Ocean,PEAR; Fisker’s entry strategies for Indian EV
USA, 26 September 2022: Fisker Inc, a leading electric car company, is set to enter the India market after opening its headquarters in Hyderbad. The company intends to release its….
Infinitum Electric raises USD 80m in series D funding
AUSTIN/TEXAS, 26 September 2022: A new series of funding has been raised by Infinitum Electric, creator of a groundbreaking, sustainable air-core motor. The company plans to scale production to meet….
Monta raises funds from Energize Ventures
DENMARK, 23 September 2022: Danish EV charging management platform Monta raised an additional USD 29.3m in Series A+ funding. With return investors Creandum, Pale Blue Dot, byFounders, and Headline, the….
Bump raises USD 177m for electric mobility
PARIS, 23 September 2022: Bump, a startup offering fast charging solutions to professionals, has partnered up with DIF Capital Partners in a strategic and financial partnership. This relationship is evident….
Miami hosts Electrify Expo, stokes EV interest in the state
MIAMI, 22 September 2022: Regatta Park will host North America’s largest electric vehicle (EV) festival, Electrify Expo, on October 8 and 9. Outdoor event The outdoor event gives attendees the….
GM investing in Toledo plant to assist EV production
MICHIGAN/USA, 22 September 2022: The Toledo Transmission factory of General Motors Co. (GM) is anticipated to get funding to promote the production of electric vehicles, making it the first GM….
Gotion signs pact with Borrego for energy storage systems
SAN DIEGO/USA, 22 September 2022: A master supply agreement (MSA) has been signed between Gotion High-Tech, one of the top producers of batteries and energy storage systems in the world,….
VW unveils ID. Xtreme off-road EV SUV concept
GERMANY, 21 September 2022: A concept EV SUV based on the ID.4 GTX called the ID. Xtreme off-road was recently unveiled by Volkswagen. The modular electric drive matrix (MEB) of….
Wallbox, Fisker partner globally on EV charging solutions
LOS ANGELES, 21 September 2022: Fisker Inc is a passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions. The company have named Wallbox as their global….