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 ...
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.
<...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...
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...
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
LG CHEM REPORTS ITS NET PROFIT FROM Q4 2020 TO BE $54.9 MILLION
Highlights –
- LG Chem reports its net profit from Q4 2020 to be $54.9 million.
- The net profit was supposedly due to robust sales of petrochemical and EV battery products.
- For the whole of 2020, the net profit jumped 188.9 percent. ...
SK INNOVATION BATTERY OF HIGHEST QUALITY WITH IMPECCABLE SAFETY STANDARDS
- SK Innovation is concentrating on emphasizing safety of its electric vehicle (EV) batteries as global battery makers are coming to terms with safety issues after numerous EVs caught fire around the world.
- SK Innovation on Wednesday took part in the InterBattery 2020 exhibition ...
TESLA MULLING OVER STAKE IN LG TO MOBILIZE BATTERY SUPPLY FOR EV’S
- Tesla is looking to gain a chunk of LG Energy Solution, soon to be separated by LG Chem, to procure a stable supply of batteries as told by reliable sources.
- Tesla is thinking proactively to acquire a stake in LG Energy Solution.
Specifically, Tesla is said to...
KIA MOTORS TO ROLL OUT SEVEN HYPNOTIC EV’S ON INDIGENOUS PLATFORM BY 2027
- Kia Motors is expected to launch seven EV’s by 2027 employing the company’s sophisticated EV platform, a move that will accelerate the transition to EVs in the growing sustainable car market.
- The first model, called CV and developed with Electric Global Modular Plat...
LG CHEM BATTERY PROJECT TO COIN OFFSHOOT LG ENERGY SOLUTION
- LG Chem said Thursday it had approved the split-up off its globally leading battery business to establish a wholly owned battery subsidiary and ramp up investments through a public listing in the future.
- In a board meeting convened Thursday, LG Chem decided to split-up the batt...
LOTTE ALUMINIUM BOOSTS CATHODE FOIL OUTPUT TO MEET EV BATTERY DEMANDS
- Lotte Aluminium said Monday it has raised production capacity of its cathode foil plant in Ansan, Gyeonggi Province in answer to urgent need for electric vehicle batteries.
- According to the South Korean packaging material company, it infused 28 billion won ($23.7 million) into ...
DELHI: ELECTRIC VEHICLE POLICY LAUNCHED BY CM ARVIND KEJRIWAL
In order to boost the economy and bring down the pollution level in the national capital, the Delhi state government has launched electric vehicle policy said the Chief Minister of Delhi Arvind Kejriwal on Friday.
The head of Aam Aadmi Party said that the Delhi state government studied the...