Honda unveils EV pivot: $65 bn spend, seven new models using F1-developed technology by 2030

Honda announced it will double its investment in EVs to $65 billion and launch seven new electric models by 2030, as the Japanese company moves to catch up with industry biggies su...

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Mahindra to invest ₹12,000 crore in EV unit, unveil new lineup from year-end

India's Mahindra & Mahindra announced it would invest ₹12,000 crore in its electric vehicles unit and launch a range of new EVs next year.  M&M currently offers only o...

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M&M evaluates giga factory in India, signs supply agreement for Volkswagen EV platform

Indian auto maker Mahindra & Mahindra (M&M) is considering whether to open a battery plant in India, group CEO and MD Anish Shah told reporters. "We are going to look at… o...

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Stellantis to invest €103 mn to support new EV platform

Image: Stellantis

Stellantis announced it would invest €103 million to increase production capacity of electric drive modules (EDMs) at its Szentgotthard plant, Hungary. The new capacity is expected...

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Foxconn’s MIH Consortium unveils Project X – open and agnostic EV modular platform

Open EV ecosystem platform MIH Consortium, initiated by Foxconn, has announced an open and agnostic EV Platform to lower the entry barrier for companies entering the electric vehic...

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