Latest news

South Korea fines Tesla $2.2 mln for exaggerating driving range of EVs

South Korea's antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc for failing to tell its customers about the shorter driving range of its electric vehicles (EVs) in low temperatures.

read more... 03/01/2023

news

Volvo cars to build $1.25 bln electric-only plant in Slovakia

The new plant, Volvo Cars' third in Europe, will build electric vehicles (EV) only, in line with the company's ambition to produce EVs exclusively by the end of this decade.

read more... 04/07/2022

news

Honda and Sony finalize 50-50 joint venture to build EVs in 2025

Honda Motor and Japanese electronics giant Sony have inked an agreement to set up a “high-value-added” electric vehicle joint venture this year under the name Sony Honda Mobility that will deliver a “new generation of mobility and services.”

read more... 17/06/2022

news

Honda To Launch 30 EVs Globally By 2030, Including Two Sports Cars

Honda has pledged to invest approximately 5 trillion yen ($40 billion) over the next 10 years in electrification and software with the goal of offering 30 all-electric vehicles globally built in an annual volume of 2 million units by 2030.

read more... 13/04/2022

news

EU approves €95m Polish aid for LG Chem’s EV battery plant expansion

The new plant is expected to supply batteries for more than 295,000 EVs every year in the European Economic Area

read more... 24/03/2022

news