Germany’s greenlit the joint venture between Volkswagen and US Electric Vehicle maker Rivian, paving the way for significant advancements in the electric vehicle sector. This partnership aims to develop next-generation Software-Defined Vehicle (sdv) platforms for future EVs from both companies.

Volkswagen, Rivian partner on EV tech

The financial markets experienced a significant development on Monday morning as shares of China Evergrande New Energy Vehicle, a prominent player in the electric vehicle sector, experienced a notable decline.

China Evergrande's EV arm drops after creditors seek bankruptcy proceedings for units

In the Union Budget 2024-25 presented on Tuesday, Finance Minister Nirmala Sitharaman unveiled a significant initiative aimed at bolstering India's position in the critical minerals sector.

Budget 2024-25: 'Critical Mineral Mission' to boost EV battery production

Chinese electric vehicle manufacturer Xpeng has taken a significant step forward in its partnership with German automotive giant Volkswagen AG. The two companies have announced the creation of specialized project houses dedicated to housing engineers from both organizations.

Volkswagen with Xpeng to develop new EV architecture with project house initiative

Aptera's new financial partner, US Capital Global, is spearheading the solar electric vehicle (SEV) startup's latest funding round, which aims to raise up to USD 60 million through convertible notes.

US Capital Global leads USD 60M investment round to push low-volume SEV production

BYD is significantly increasing its footprint in Southeast Asia by introducing three new models in Vietnam and is planning to add more models later this year. Today, the Chinese new energy vehicle (NEV) manufacturer launched three battery electric vehicle (BEV) models in Vietnam: the compact hatchback Dolphin, the mid-size sedan Seal, and the compact crossover Atto 3, which is also known as the Yuan Plus in China, according to a Reuters report.

BYD set to introduce three car models in Vietnam

The European Union is currently grappling with a complex issue regarding the imposition of tariffs on electric vehicles (EVs) imported from China. This matter has brought to light significant divisions among EU member states, as evidenced by a recent non-binding advisory vote.

EU countries divided votes on Chinese EV tariffs, claim sources

Chinese electric vehicle manufacturers Nio and XPeng have reaffirmed their commitment to the European market, despite the recent imposition of tariffs by the European Union on Chinese-made electric vehicles (EVs).

EV makers Nio, XPeng commit to EU market despite tariffs

Opponents of California's ambitious goals to increase electric car adoption for reducing greenhouse gas emissions have brought their argument to the US Supreme Court this week, marking the latest challenge against the state's efforts to combat climate change.

Opponents of California's EV targets take their case to Supreme Court

LG Energy Solution recently declared a deal to provide LFP pouch-type EV batteries to the Renault Group spin-off Ampere. Signed in Paris at Renault’s headquarters on the 1st of July, this contract outlines the collaboration from the end of 2025 till 2030 within which LG Energy Solution will supply about 39GWh of batteries.

LG Energy Solution to supply LFP EV batteries to Renault Group’s Ampere

Ferrari NV is developing an extended warranty service for its upcoming hybrid and electric supercars to address potential customer concerns about battery longevity.

Ferrari decides to offer Euro 7,000 subscription fee to replace EV car batteries

Canada is contemplating imposing tariffs on electric vehicles (EVs) manufactured in China, aligning itself with international allies concerned about a heavily subsidised Chinese industry.

Canada considers tariffs on Chinese EVs amid global concerns

British International Investment, the UK's development finance institution, plans to invest an additional 300 million dollar in India's electric vehicle ecosystem over the next three years according to reports. Having already invested around USD 300 million, including a significant 250 million dollar in Mahindra's EV platform, BII is poised to capitalise on the rapidly evolving Indian EV market.

India’s EV market gets $300 mn boost from BII

In a significant move to enhance the safety of electric vehicles (EVs) in India, the Bureau of Indian Standards (BIS) has introduced two new standards: IS 18590: 2024 and IS 18606: 2024.

BIS introduces new standards to enhance EV safety in India

The global trade landscape is shifting, and electric vehicles are becoming a major battleground. Canada is considering imposing tariffs on Chinese-made EVs, following similar moves by the united states and the European Union.

Canada considers tariffs on Chinese EVs

The European Commission's recent probe into Chinese electric vehicle (EV) imports has ignited significant tensions between the European Union (EU) and China. The investigation, which scrutinised Chinese automakers' supply chains, has been labelled "unprecedented" by China's commerce ministry.

EU probe into Chinese EV imports sparks tensions and allegations

Fiat has virtually revealed the all-new fourth-generation Panda SUV, now christened the Fiat Grande Panda. With this upcoming iteration, the iconic Panda will introduce a funky new design to the small car segment. It is based on a multi-energy platform that also underpins the Citroen e-C3, and will get electric and hybrid powertrain options. It will be added to the brand’s new global EV line-up, followed by a new vehicle every year till 2027.

New Fiat Grande Panda unveiled as a funky, small EV | WION Drive

The European Union's anti-subsidy investigation into Chinese electric vehicles (EVs) has significantly impacted the sales and investment confidence of Chinese EV firms in Europe.

EU's anti-subsidy probe dampens Chinese EV makers' confidence and sales in Europe

The Delhi Electric Vehicle (EV) Policy, which expired on December 31st of the previous year, is yet to be extended, leaving customers in a state of uncertainty as they are unable to receive government subsidies on the purchase of a new electric vehicle.

Expired Delhi EV Policy still to get extension

Electric motorcycles may not be the first thing that comes to mind when thinking of BYD, the world's leading electric car maker. However, a new agreement will see the company's batteries making their way to Africa, where they will be used in Ampersand's electric motorcycles.

BYD EV batteries soon to power up electric motorcycles

Bombardier Recreational Products (BRP), a Canadian company known for its Can-Am UTVs and ATVs, Ski-Doo and Lynx snowmobiles, and Sea-Doo jet skis, continues to innovate across its extensive product line.

BRP refiles patent for two-door EV with a novel door hinge

Hyundai motor India ltd plans to launch four electric vehicle models in the near future, with the electric version of its popular Creta SUV expected by the last quarter of fiscal year 2025. This initiative is detailed in the company’s draft red herring prospectus filed with the securities and exchange board of India which coincides with Hyundai's preparation for an initial public offering.

Hyundai's 4 new EVs to boost India's economy

In the rapidly evolving electric vehicle (EV) market of China, NIO and its suppliers are taking significant strides. WeLion New Energy Technology, NIO’s semi-solid-state EV battery manufacturer, reported a 31% increase in installations last month.

NIO boosts China's EV market with new 150 kWh battery pack rental

The used electric vehicle (EV) market is undergoing a significant transformation as prices dip below those of their gasoline-powered counterparts. This shift, first observed in February, continues to deepen, reflecting changing consumer attitudes towards EVs.

Used EV prices plummet below gas cars amid changing consumer preferences

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