The Ford Motor Co. plans to fortify its push into electric vehicles as the industry accelerates green-tech investments and intends to spend $11.4 billion to build an electric F-150 assembly plant and three battery plants in the United States creating 11,000 jobs over the next four years. The
The British government has announced to introduce a new legislation in 2021, under which all new home construction will be required to feature electric vehicle charging installations. The newly constructed offices will also have to provide charging infrastructure for every 5 parking spaces as they are also part of the
BMW AG has increased orders for battery cells to maintain pace with accelerating demand for electric automobiles which accounted for more than 11% of deliveries during the first half of 2021. The Munich-based company has commitments of more than 20 billion euros ($23.8 billion) for batteries, up from 12
Following the signing of the Letter of Intent on March 1, Italian scooter maker Piaggio Group (PIA.MI) along with Yamaha Motor Co., KTM AG, and Honda Motor Co. Ltd, encouraged the use of swappable batteries for electric motorcycles and light electric vehicles and finally signed the agreement for the
At a recent company-wide meeting, Tesla’s CEO revealed that it is aiming to start the production of a new $25,000 electric car in 2023, Electrek.co reported, citing sources who attended the meeting. The Tesla chief also claimed that the electric vehicle is going to be fully autonomous