Toyota will spend $13.5 billion to develop EV battery technology and supplies by 2030

Toyota Motor said on Tuesday it expects to spend more than $13.5 billion (about INR 99,030 crores) by 2030 to develop batteries and its battery supply system – a bid to lead key automotive technology in the next decade . The world’s largest automaker by volume, which pioneered gasoline-electric hybrid vehicles with the popular Prius, … Read more

Munich Motor Show 2021: Tiny Chips Cast Big Shadow on Automakers

As automakers gathered in Munich on Monday to launch almost exclusively zero-emission or low-emission vehicles, a continuing shortage of semiconductors cast a long shadow over the first major auto show since before the pandemic began. Forced to close factories last year, automakers now face increasing competition from the consumer electronics industry for chip deliveries. This … Read more

Electric vehicle charging network in Great Britain will be greatly expanded by Shell, will install 50,000 poles by 2025

Royal Dutch Shell on Wednesday announced plans to widely expand its network of electric vehicle charging points in Britain, with the goal of installing 50,000 street stations by 2025. Shell will implement the plans through Ubitricity, an on-street charging point company it acquired in February and which operates around 3,600 chargers in Britain. The expansion … Read more

Electric vehicle startups looking for low-cost roads for mass production

Electric car and van startups racing to become the next Tesla all want to avoid Elon Musk’s journey through “manufacturing hell.” But electric vehicle companies like British van company Arrival SA and Fisker are taking very different paths to overcome the challenges of the profitable mass production that nearly broke Tesla. Some have found investors … Read more