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Category: Partnerships, Mergers and Acquisitions (M&A)

The electric vehicles (EV) industry is rapidly growing, and mergers and acquisitions (M&A) are becoming increasingly common. In 2022, there were over USD 100bn in EV-related M&A deals, up from just USD 10bn in 2021. This trend is expected to continue in the coming years, as companies look to consolidate their positions in the market and gain access to new technologies and resources.

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Sturdy CharIN, ACM collaborate to enhance EV charging interoperability

Sturdy CharIN, ACM collaborate to enhance EV charging interoperability

  • October 18, 2023
  • 0

MICHIGAN, 18 October 2023: In a significant move to advance electric vehicle (EV) charging standards and interoperability, the Charging Interface Initiative Inc (CharIN Inc) and […]

BMW group’s focus on regional supply chain to boost North American E-Mobility

BMW group’s focus on regional supply chain to boost North American E-Mobility

  • October 18, 2023
  • 0

MUNICH, 18 October 2023: BMW Group is taking significant steps to accelerate its e-mobility expansion, with a keen focus on regional supply chains following the […]

Stellantis, Samsung SDI announce new US Gigafactory in Kokomo, Indiana

Stellantis, Samsung SDI announce new US Gigafactory in Kokomo, Indiana

  • October 13, 2023
  • 0

AMSTERDAM, 13 October 2023: Stellantis NV and Samsung SDI have revealed their strategic move to establish a second battery manufacturing facility in the United States, […]

PositivEnergy now partners with Sourcewell to accelerate fleet electrification

PositivEnergy now partners with Sourcewell to accelerate fleet electrification

  • October 4, 2023
  • 0

MIAMI, 4 October 2023: PositivEnergy, a top-tier electric vehicle (EV) fleet solutions provider, has been honored with Sourcewell contract 051123-PST. This significant contract comes at […]

StoreDot’s XFC battery technology to power Volvo Cars’ next generation of electric vehicles

StoreDot’s XFC battery technology to power Volvo Cars’ next generation of electric vehicles

  • October 4, 2023
  • 0

ISRAEL, 4 October 2023: StoreDot, a trailblazer in extreme fast charging (XFC) battery technology for electric vehicles (EVs), has sealed a groundbreaking multi-year agreement with […]

Skoda India’s affordable electric car under INR 20 Lakh: A Game-Changer

Skoda India’s affordable electric car under INR 20 Lakh: A Game-Changer

  • October 4, 2023
  • 0

MUMBAI, 4 October 2023: Skoda Auto, a subsidiary of the Volkswagen Group, is making a significant move in the Indian automotive market by unveiling plans […]

Xpeng drivers in ten cities can now get insurance from Cheche Group

Xpeng drivers in ten cities can now get insurance from Cheche Group

  • October 3, 2023
  • 0

BEIJING, 3 October 2023: Cheche Group Inc, China’s leading auto insurance technology platform, is deepening its collaboration with Xpeng Inc, a trailblazing Chinese smart electric […]

Honda, Acura EVs get access to largest EV charging networks in North America

Honda, Acura EVs get access to largest EV charging networks in North America

  • October 2, 2023
  • 0

CALIFORNIA, 2 October 2023: Honda’s American subsidiary, American Honda Motor Co Inc, has sealed agreements with EVgo and Electrify America, both renowned for their extensive […]

LG Chem invests in Morocco with new LFP cathode plant

LG Chem invests in Morocco with new LFP cathode plant

  • September 25, 2023
  • 0

SEOUL, 25 September 2023: In a significant strategic move, LG Chem, in partnership with China’s Huayou Group, is venturing into the lithium-phosphate-iron (LFP) cathode materials […]

LOHUM leads the way in sustainable EV battery supply with new partnership

LOHUM leads the way in sustainable EV battery supply with new partnership

  • September 25, 2023
  • 0

MUMBAI, 25 September 2023: In a strategic move to promote sustainable electric vehicle (EV) battery supply and reduce China’s dominance in the market, LOHUM has […]

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