Electric Vehicles Archives — City Business News

December 7, 2022 No Responses

Mercedes Unveils First Electric Vehicle-Only Dealership

Mercedes-Benz’s first dealership in the world dedicated to its all-electric Mercedes-EQ brand opened in Yokohama, south of the Japanese capital on Tuesday, the German automaker’s local unit said. Mercedes-Benz has rolled out five electri...

November 3, 2022 No Responses

Geely’s Zeekr Plans Electric Vehicle Sales In Europe

Zhejiang Geely Holding Group’s premium electric car business plans to sell the first electric vehicle produced under the Zeekr brand in Europe next year, Zeekr’s CEO said. Zeekr joins a growing list of Chinese automakers looking to launch or expand...

October 27, 2022 No Responses

Hyundai breaks Ground On $5.5b EV, Battery Plant

Hyundai Motor Company broke ground on a $5.54 billion Electric Vehicle (EV) and battery plant in the United States. According to Reuters, the investment is the largest in the state’s history and the latest in a string of EV...

October 8, 2022 No Responses

NADDC, Korean Firms To Produce Electric Vehicles In Nigeria

The National Automotive Design and Development Council (NADDC) has sealed partnerships with some Korean companies to produce more Electric Vehicles in Nigeria. A statement from the council on Friday explained that Jelani Aliyu, its Director-General, disclose...

August 27, 2022 No Responses

Nigeria Partners Israel, Japan On Manufacturing Of Electric Vehicles

The Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with Israeli and Japanese companies to commence assembling and manufacturing environmentally friendly, green, electric and smart automobiles by 2023. The National Agency for Scie...

August 23, 2022 No Responses

Ford To Cut 3,000 Jobs

Ford Motor Company said it’s cutting 3,000 jobs this week in a move to boost profits as it seeks to fund the $50 billion it plans to spend on electric vehicles. The cuts will come primarily in the US, while some positions...

July 13, 2022 No Responses

Geely Unveils Electric Pickup

Geely Holding on Tuesday unveiled a new electric pickup truck, identified as RD6. According to Reuters, the Volvo owner also launched a new brand, RADAR, at an online event on Tuesday where it showcased its first pickup product, which it...

July 11, 2022 No Responses

Volkswagen Invests $20b To Build EV Batteries

Volkswagen is to invest $20.38 billion to build electric vehicle (EV) batteries, creating 20,000 jobs and generating more than $20 billion in annual sales.Volkswagen broke the ground for its first cell factory in Salzgitter, Germany in the presence of German.....

June 17, 2022 No Responses

NADDC DG In Kenya, Seeks Use Of Electric Vehicles In Africa

The Director-General of the National Automotive Design and Development Council (NADDC), Jelani Aliyu, has called on African countries and research institutions to promote and adopt electric vehicles. Aliyu, who made the call in Nairobi, Kenya, expained t...

May 21, 2022 No Responses

Nissan, Mitsubishi Unveil Light Electric Vehicles

Japan’s Mitsubishi Motors Corp and Nissan Motor Co unveiled their first jointly developed light electric vehicles (EVs), aiming to draw more Japanese drivers to battery-powered cars by offering low-priced micro models. According to Reuters, the two Japan...

May 19, 2022 No Responses

Hyundai To Invest $16.5b In South Korea EV Business

Hyundai Motor Group said on Wednesday it plans to invest a total of 21 trillion won ($16.54 billion) through 2030 for the expansion of its electric vehicle (EV) business in South Korea. The South Korean auto group, which houses Hyundai...

May 18, 2022 No Responses

Hyundai Partners Tata Power On Fast Chargers

The management of Hyundai Motor India has announced a partnership with Tata Power to set up electric vehicle (EV)-charging infrastructure in India. Hyundai explained that it plans to facilitate the installation of Tata Power’s DC 60 kW fast chargers acro...

March 20, 2022 No Responses

VW Joins Sustainable Mining Initiative

Volkswagen has joined a group that sets environmental and social standards in mining as the world’s No.2 carmaker steps up efforts ensure its raw materials are sustainable, especially in electric vehicles (EVs).Big companies have com...