Electric Mobility
The Latest
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Volkswagen To Ramp Up EV Production To Overtake Rivals In China
Volkswagen has announced plans to build two new factories in China to help it achieve its goal of producing 1 million EV vehicles by 2022. 
Volkswagen has announced plans to build two new factories in China to help it achieve its goal of producing 1 million EV vehicles by 2022. -
Volvo And Geely To Merge Engine Building Business Into New Unit
Geely's establishment of the new engine production unit is aimed at helping the company cut costs and aid in its transition to the electric era. 
Geely's establishment of the new engine production unit is aimed at helping the company cut costs and aid in its transition to the electric era. -
Toyota Boosts Stake In Subaru To 20 Percent In $650 Million Deal
Toyota Motor Corporation has increased its stake in Subaru from 17 percent to 20 percent through a deal estimated to be worth $650 million. 
Toyota Motor Corporation has increased its stake in Subaru from 17 percent to 20 percent through a deal estimated to be worth $650 million. -
China's Answer To Tesla Barely Surviving After Losing $5 Billion In Four Years
Chinese electric vehicle firm Nio is expected to report a $368 million loss for its second quarter, bringing its total loss to $5.7 billion since it was founded in 2014. 
Chinese electric vehicle firm Nio is expected to report a $368 million loss for its second quarter, bringing its total loss to $5.7 billion since it was founded in 2014. -
Li Ka-Shing Files Bankruptcy Petition Against EV Firm FDG Electric Vehicles
Hong Kong billionaire Li Ka-Shing filed a bankruptcy petition against FDG Electric Vehicles after his $43.6 million investment lost more than 42 percent of its value. 
Hong Kong billionaire Li Ka-Shing filed a bankruptcy petition against FDG Electric Vehicles after his $43.6 million investment lost more than 42 percent of its value. -
China's NEV Industry Still Confident Of Growth Despite Sales Drop In August
China's NEV sales for the month of August dropped by 15.8 percent, but overall sales for the first eight months of 2019 still remains positive with a 32 percent year-on-year increase. 
China's NEV sales for the month of August dropped by 15.8 percent, but overall sales for the first eight months of 2019 still remains positive with a 32 percent year-on-year increase. -
Amazon Places Largest Electric Vehicle Order In Automotive History
Amazon placed an order of 100,000 electric vans with Rivian Automotive, the largest-ever electric vehicle purchase in automotive history. 
Amazon placed an order of 100,000 electric vans with Rivian Automotive, the largest-ever electric vehicle purchase in automotive history. -
China's Nio To Cut Jobs As Vehicle Deliveries Tumble
Chinese electric carmaker Nio Inc announced that it was going to be cutting 1,200 staff members by the end of September. 
Chinese electric carmaker Nio Inc announced that it was going to be cutting 1,200 staff members by the end of September. -
China's Evergrande Investing Billions To Become New Tesla Challenger
China's third-largest developer has made substantial investments to establish itself as one of the world's largest new energy vehicle companies within three to five years. 
China's third-largest developer has made substantial investments to establish itself as one of the world's largest new energy vehicle companies within three to five years. -
China's Nio Hit By Delivery Slump Following Battery Recall
Chinese firm NIO was only able to deliver 837 vehicles last month, a 38 percent drop from its deliveries in June. 
Chinese firm NIO was only able to deliver 837 vehicles last month, a 38 percent drop from its deliveries in June.
