Search result for EV
Ford announces its intentions to increase EV production and profits on a significant capital markets day.
DEARBORN, Mich. – Ford Motor presented its case to Wall Street at an investor event on Monday, outlining its strategy to manufacture millions of EVs profitably while expanding its traditional operations.
Jim Farley, the chief executive officer of Ford, began the day by discussing ...
Changes in the EV Industry Are On The Horizon. Expert Advises Dumping These Two Shares and Investing Instead in Rivian and Tesla.
Future price decreases by Tesla will make it tough for other electric vehicle start-ups, forcing investors to be more selective in their stock selections. Morgan Stanley analyst Adam Jonas claims that the Tesla (ticker: TSLA) layoffs show that the electric vehicle market is shifting from severe s...
The US commits to investigate the impact of the IRA on Korean EV manufacturers
As per the record US will investigate on the impact of the automakers Inflation Reduction Act on South Korean According to a Korean national security official following a bilateral meeting with his US counterpart on Thursday.
South Korean National Security Adviser Kim Sung-han met with ...
PTT, Thailand's state-owned oil and gas company, has backed 'Team Thailand' in its efforts to grow the EV industry
PTT Public Co Ltd, the state-owned oil and gas conglomerate, has proposed that the government and private sector form "Team Thailand" to promote the Electric Vehicle (EV) segment. The goal would be to market Thailand as the "Detroit of Asia" in terms of EV production.
<...Nadal to Face Medvedev in the Men’s Final of Australian Open
Rafael Nadal is one victory behind in earning his 21st Grand Slam singles title, the first male to achieve the record.
The Spanish tennis star will have to beat Daniil Medvedev in the final game of the Australian Open scheduled for Sunday.
Medvedev is chasing a record of...
Hospals Raises 3.5 million Dollars in Pre-series A round
Hospals is a cross-border platform that offers health benefits. The start-up announced that it had raised 3.5 million dollars in the Pre-Series A funding round from investments by 9Unicorns, Inflection Point Ventures, Wavemaker, Sanjeev Mishra, Kunal Shah, and Razorpay.
The amount raise...
EV Metals Group Announces Australian Lithium Alliance
The EV Metals Group has launched the Australian Lithium Alliance which is a strategic initiative to collaborate with Australian companies to boost the exploration, mining, production, and development of lithium minerals.
The initiative will be put into action by the Australian Lithium A...
MG motor and Jio to launch India’s First Internet connected car
On Tuesday MG motors announced their partnership with Jio, a digital service provider.
Jio is India’s largest service provider and it will work with the MG motor to create a midsize SUV. This partnership will provide the customers with a great combination of hardware and software....
UK: UNIQUE EV DESIGN OF PAGE-ROBERTS COULD BOOST RANGE BY 30%
Highlights:
- The unique electric vehicle design of the company Page-Roberts can boost the range of the electric vehicle by 30 percent
- The patented design concept of the company rethinks the position of the battery in a conventional electric vehicle
REPORT: NISSAN IN TALKS OEVR EV BATTERY FACTORY IN UNITED KINGDOM
Highlights:
- Nissan is in talks over the production of an electric car battery factory in United Kingdom
- The discussions have been part of a plan for making Sunderland, the largest high-volume EV site outside Japan
According to a repo...
UK’S SFO INVESTIGATING GFG ALLIANCE LED BY SANJEEV GUPTA
Highlights:
- The Serious Fraud Office or SFO of UK said that, it has been investigating the GFG Alliance led by Sanjeev Gupta
- The SFO said that, its investigation is covering the financial arrangement of the company with the Greensill Capital UK Ltd
OLA LAUNCHES NEW EV CATEGORY ON ITS PLATFORM IN UK
Highlights:
- Ola Launches its new electric vehicle category in the United Kingdom
- The Ola electric vehicle has 700 drivers across London, and this is expected to grow in the upcoming months
On Friday, the company Ola announced that, i...
SKIET RATHER MADE A DISAPPOINTING DEBUT IN STOCK MARKET
Highlights –
- SKEIT rather made a disappointing debut in stock market.
- SKIET stocks closed at 154,500 won, down 26.43 %from its opening price of 210,000 won.
- The company's market capitalization came at 11 trillion won after shares ...
SK INNOVATION’S SUBSIDIARY SKIET RECEIVED $73.1 BILLION AS IPO
Highlights –
- SK Innovation’s subsidiary SKIET received $73.1 billion as IPO.
- SKIET has set the IPO price at US$94.60 per share.
- SKIET supplies battery separators to major EV makers, including Tesla and Volkswagen.
- It ...
LG CHEM’S NET PROFIT INCREASED TO $1.2 BILLION IN Q1
Highlights –
- LG Chem’s net profit increased to $1.2 billion in Q1.
- In Q1 the company’s operating profit jumped 584 percent on-year to 1.4 trillion won.
- LG Energy Solution Ltd. reported 4.2 trillion won in sales and 341.2 b...
POSCO SAW A RECORD INCREASE IN NET PROFIT BY 162% IN Q1
Highlights –
- POSCO saw a record increase in net profit by 162% in Q1.
- Net profit for the three months that ended in March soared to US$1.02 billion.
- The company’s operating profit in Q1 rose 1.55 trillion won.
- POSCO r...
LG ENERGY & SK INNOVATION’S STOCKS GAINED AFTER EV BATTERY SETTLEMENT
Highlights –
- LG Energy & SK Innovation’s stocks gained after EV battery settlement.
- SK Innovation agreed to pay $1.78 billion to LG Energy under the settlement.
- LG Chem stocks gained 0.62 percent to 817,000 won on Monday tra...
KRAKEN’S GRANT TO BRINK REACHES DEVELOPER WORKING ON A BITCOIN DEVELOPER KIT
Highlights:
• The amount given to the developer is not revealed yet
• Kraken intends to merge the developer kits of bitcoin and Lightning to make a complete suite of tools for the developers
...S. KOREA’S 3 EV BATTERY MAKERS SAW GLOBAL MARKET SHARES FALL
Highlights –
- S. Korea’s 3 EV battery makers saw global market shares fall.
- LG Energy Solution Ltd. global market share slipped to 19.2 percent.
- SK Innovation Co. global market share fell to 5 percent.
- Samsung SDI Co.&...
UK NEEDS TO INSTALL EV CHARGING POINTS FIVE TIMES FASTER TO REACH CLIMATE GOALS
Highlights:
- The United Kingdom will need to install the electric car charging points five times faster for reaching its goals
- The installations will be needed to be increased to 35,000 points a from 7,000 points which is the current number