All-electric cars, also known as battery electric cars or BEVs, plug-in hybrid cars or PHEVs, and hybrid electric cars or HEVs all use electricity to increase driving economy. Despite the fact that some of these vehicles still combine the use of electricity and liquid fuels, these three vehicle types are commonly referred to as electric cars, electric vehicles, or simply EVs in casual contexts. More specifically, plug-in electric cars are another name for BEVs and PHEVs (PEVs).
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 (E&D), a South Korea-based pCAM….
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 Countries (IFU), according to a….
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 vehicles, and low-emission commercial vehicles,….
Germany-based battery tech company PULSETRAIN has raised E6.1m (US$6.60m) in seed funding from Vsquared Ventures, Planet A (Berlin VC focused on climate tech), and Climate Club (early-stage climate fund), according….
Netherlands, 31 October 2024: The collaboration between Stellantis and Factorial Inc marks a significant advancement in electric vehicle (EV) technology, aiming to reshape the EV industry with innovative solid-state batteries. ….
New Delhi, 27 October 2024: India’s government is set to release an Approved List of Models and Manufacturers (ALMM) for solar photovoltaic (PV) cells, mirroring the existing list for solar….
North America, 23 October 2024 : Hyzon Motors, U.S.-based hydrogen fuel cell manufacturer, has made significant strides by securing North America’s first purchase agreement for hydrogen-powered refuse trucks. The agreement,….
MUMBAI, 12 February 2024: JSW Group, led by billionaire Sajjan Jindal, is poised to spearhead a transformative journey in India’s automotive industry. With a colossal investment of INR 40,000 crore,….
KOREA, 5 January 2024: Samsung Electronics and Hyundai Motor Group have joined forces to revolutionize lifestyles, integrating the SmartThings platform into connected cars, including electric vehicles (EVs). This collaboration, cemented….
SHANGHAI, 4 January 2024: NIO Inc, a pioneer in premium smart electric vehicles, has revealed a significant update regarding its 0.00% Convertible Senior Notes due 2026. This announcement encompasses essential….
