German automaker Mercedes-Benz has announced a plan to cut multi-billion euros in costs in response to a deteriorating business environment.
This restructuring is distinct from bankruptcy proceedings in Sweden and many other countries. Credit: T. Schneider/Shutterstock. Swedish electric vehicle (EV) battery manufacturer Northvolt has filed ...
Technologies like batteries as well as those for solar, wind, nuclear and hydrogen power generation depend on critical minerals.
LG Chem Ltd announced this week it had signed an agreement with Exxon Mobil Corporation of the US to source up to 100,000 ...
China’s leading EV manufacturers have begun transporting batteries to their domestic customers by rail using specially ...
Volkswagen's workers union has proposed $1.6bn in cost savings, contingent on avoiding plant closures in Germany, reported ...
Nissan has called on the UK government to relax its EV mandate as it could cause “irreversible impact” in the nation’s ...
According to GlobalData, in September, ASEAN Light Vehicle (LV) sales decreased by 8% YoY, marking the 14th consecutive month ...
The global battery electric vehicle (BEV) market has faced numerous challenges, and Europe is no exception. Both potential ...
South Korea’s Hyundai Motor Company this week unveiled its all-new, battery-powered Ioniq 9 at a global launch event held at the iconic Goldstein House in Los Angeles. This follows the release of ...
The SMMT stressed the potential negative impact of the ZEV Mandate on the UK’s attractiveness as an investment location. The ...