BYD’s $1B India EV investment to challenge Tesla
HYDERABAD, 16 July 2023: BYD, a China-based company, has made a USD 1bn investment proposal to develop electric vehicles and batteries in India in collaboration with a local company. The….
Tag: #investment
BYD to invest USD 3bn in Brazil’s new electric vehicle manufacturing plant
BRAZIL, 6 July 2023: Chinese electric vehicle maker BYD has announced plans to invest USD 3bn in a new manufacturing complex in Brazil. The complex, which will be located in….
bp ventures, Energie 360° back EV charging startup Service4Charger to accelerate growth
LONDON, 30 June 2023: bp ventures, the investment arm of bp, has invested USD 8.15m in Service4Charger GmbH, a Berlin-based provider of EV charging infrastructure. The investment is part of….
NVH Korea to establish new EV manufacturing facility in Georgia
FRANCE, 27 June 2023: Governor Brian Kemp announced that automotive parts manufacturer NVH Korea will establish a new facility in Locust Grove, Georgia. The project will create over 160 new….
Abu Dhabi-backed fund invests USD 738.5m in NIO to boost global EV growth
CHINA, 22 June 2023: NIO Inc, a leading Chinese electric vehicle (EV) maker, announced that it has entered into a share subscription agreement with CYVN Holdings LLC, an investment vehicle….
Toyota’s new Michigan battery lab will help develop more efficient, affordable EVs
MICHIGAN, 9 June 2023: Toyota Motor North America announced that it will invest USD 50m to build a new battery lab at its North American R&D headquarters in York Township,….