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EVE Energy increases production capacity of power and energy storage batteries to meet the rapid growth of the electric vehicle (EV) industry

EVE Energy, one of the world's leading battery technology companies which produces lithium cells used in electric vehicles (EVs), has announced it is increasing production at four new factories in Jingmen, Hubei province in...

Stellantis delivers record 2022 results with electric vehicle (EV) sales up 41%

Stellantis, a global mobility player with 14 brands including Vauxhall, Peugeot, Fiat, Citroën and Jeep, have posted record full year 2022 results with €16.8 billion net profit and €23.3 billion adjusted operating income (AOI)....

Electric car producer BYD appoints new European dealer partners

Chinese electric car producer Build Your Dreams (BYD), the world’s leading manufacturer of new energy vehicles, has appointed two additional dealer partners to support the entry of its passenger cars into Europe. Motor Distributors...

Geely Holding announces  $750 million A-Series Fundraising at ZEEKR valuing the premium electric vehicle (EV) brand at $13 billion

Zhejiang Geely Holding Group (Geely Holding), China’s largest private-owned automotive group which owns several motor brands including Lotus, Polestar and Volvo, has welcomed a $750 million A-Series fundraising at ZEEKR Intelligent Technology (Zeekr). Zeekr...

Ford announces new lithium iron phosphate (LFP) electric vehicle (EV) battery plant in Michigan creating 2,500 new jobs

Ford has announced it is investing $3.5 billion to build the US’s first automaker-backed lithium iron phosphate (LFP) battery plant. This will offer customers a second battery technology within Ford’s electric vehicle (EV) lineup.This...

Worldwide electric vehicle (EV) charging adapters industry projected to reach $5.3 billion by 2030

We brought you the news yesterday that the worldwide electric vehicle (EV) industry is predicted to reach $1,869 billion by 2030. Following this ResearchAndMarkets.com have revealed their predictions for EV charging adapters. The global market...