EV - Asia Tech Wire

2024.12.16

12:16

Abu Dhabi investment firm acquires McLaren to accelerate electric car segment

Abu Dhabi-based investment firm CYVN Holdings has finalized a deal to acquire McLaren's sports car business from Bahraini sovereign wealth fund Mumtalakat.

2024.12.09

12:20

VinFast to build second EV plant in Vietnam, aims to expand capacity

Vietnamese electric car maker VinFast announced Sunday that it will build a second production plant in the country, aiming to expand its capacity.

2024.10.30

03:50

EU announces definitive anti-subsidy duties on Chinese electric cars

Asia Tech Wire (Oct 30) -- The European Commission concluded its anti-subsidy investigation and decided to impose definitive duties on imports of battery electric vehicles (BEVs) from China for a period of five years.

2024.06.07

09:00

Suzuki to stop production in Thailand, focus on EV transition

Asia Tech Wire (June 7) -- Japan's Suzuki Motor Corp. will stop production in Thailand to focus on the transition to electric vehicles.

2024.03.01

07:58

Chinese OFDI in EV-related industries expected to set new record in 2023, report says

Asia Tech Wire (Mar 1) -- Chinese OFDI in EV-related industries is likely to set a new record in 2023, U.S. research provider Rhodium Group said in a report on Thursday.

2023.12.21

09:50

US discussing higher tariffs on EVs and other Chinese goods

National Business Wire (Dec 21) -- The U.S. government is discussing raising tariffs on some Chinese goods, including electric vehicles (EVs), according to the Wall Street Journal.

2021.10.25

07:46

Taiwan's Foxconn, Gogoro to build EV industry ecosystem in Indonesia

Asian Tech Press (OCT 25) -- According to media reports, Foxconn Chairman Young Liu, Gogoro founder Horace Luke and Indonesian Investment Minister Bahlil Lahadalia had a preliminary discussion on the future investment in building a complete battery industry ecosystem in Indonesia.

2021.09.27

05:41

China's Geely to set up 5000 battery swapping stations by 2025

Asian Tech Press (SEP 27) -- Geely Holding Group expects to operate 5,000 battery swapping stations around the world by 2025, according to its official WeChat account.

2021.07.26

07:31

Tesla Officially Cancels High-Performance Model S Plaid Plus

According to media reports, Tesla CEO Elon Musk released a message saying that the most expensive model of the flagship sedan Model S has been canceled.

2021.07.23

08:53

Amazon-backed Rivian is planning a second U.S. factory

Amazon-backed EV maker Rivian plans to build a second factory in the U.S., sources say.

2021.06.15

14:00

Nissan to stop sedan business in Japan

Nissan Motor will stop developing new sedan models in Japan. The majority of Nissan's new car sales were sedans in the past, but demand has declined in recent years. Nissan plans to focus its operating resources on SUVs and electric vehicles (EVs) and may withdraw from the sedan business in Japan.

2021.06.03

14:30

BMW plans to build 360,000 EV charging piles in China this year

BMW plans to build 360,000 electric vehicle charging piles in China this year to capture a larger share of the world's largest electric vehicle market.

2021.05.19

15:00

Nidec to organize a group to OEM EV parts in China

Nidec will form an alliance with 20 companies to get involved in original equipment manufacturer (OEM) of pure electric vehicle (EV) parts in China.

2021.04.28

13:20

NIO to launch LiFePO4 battery pack in Q4 2021

NIO will upgrade its existing 70 kWh battery pack with a new pack using lithium iron phosphate batteries, which is expected to do more than 75 kWh battery capacity and is scheduled for release in the fourth quarter of this year.

2021.04.27

12:05

VW builds its third EV plant in China

Volkswagen Group (China) has officially started the construction of the VW MEB plant in Hefei, Anhui Province.

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