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General Motors Launches European All-Electric Venture with Cadillac LYRIQ

General Motors Launches European All-Electric Venture with Cadillac LYRIQ

General Motors introduces the all-electric Cadillac LYRIQ to Europe, commencing in Switzerland. This expansion underscores GM's dedication to sustainability and luxury in the electric vehicle market, representing a major step towards a greener automotive future.

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Inflation Reduction Act Spurs $92 Billion Investment and 84,000 Jobs in U.S. EV Manufacturing: Report

The Inflation Reduction Act fuels a $92 billion surge in U.S. electric vehicle manufacturing, generating 84,000 jobs. This comprehensive legislation positions the nation as a global leader, driving innovation and economic growth in the rapidly evolving EV industry.

India's Epsilon Advanced Materials to Invest $650M in U.S. Battery Materials Manufacturing Facility

Epsilon Advanced Materials (EAM) to invest $650 million in a North Carolina EV battery facility, creating 500 jobs and targeting 1.10 million EVs by 2030, addressing supply chain challenges.

Saudi's PIF and Hyundai Forge Strategic Joint Venture to Produce 50,000 Electric and ICE Vehicles Annually

PIF and Hyundai establish a strategic joint venture to build an advanced auto manufacturing plant in Saudi Arabia. With PIF holding a 70% stake, the project plans to produce 50,000 ICE and EVs annually, fostering job creation and knowledge transfer, and advancing the Kingdom's automotive industry.

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Rolls-Royce claims “Spirit of Innovation” is the world’s fastest EV

Rolls-Royce, the company best known for its luxury cars, is claiming three world records for its all-electric aircraft, after the company concluded its series of test runs at the UK Ministry of Defence’s Boscombe Down testing facility in Wiltshire, England on November 16. The ratification for the records is

One Of India’s Leading Automakers To Launch 16 New EVs By 2027

Indian auto major Mahindra & Mahindra on the 12th of November revealed plans to launch 16 electric vehicles in the light commercial vehicle and SUV categories by 2027 to bolster the company's leadership position in India's e-mobility sector. Within three years, the company has set a cumulative revenue growth target of

London streets to witness trials of all-electric double-decker buses early next year

Equipmake, the leading commercial vehicle electrification specialist which has more than 20 years of experience in developing and integrating industry-leading innovative electric powertrains and Spanish coachbuilders Beulas SAU with almost 90 years of experience teamed up with the largest bus company in London, Go-Ahead London to deliver the new Jewel

Tesla Hits New Milestone, Deploys 30,000 Superchargers Worldwide

Tesla's Supercharger network has now reached over 30,000 fast-chargers around the world. The new milestone was achieved a few days after Tesla started testing broad access to these Superchargers. At the beginning of 2021, it was reported by Electrek that Tesla is preparing for giant supercharger expansion ahead of

All-Electric Range Rover Is Coming In 2024

Land Rover finally unveiled the fifth-generation New Range Rover on 26th of October at the Royal Opera House in London. The Brand has also confirmed that a fully electric Range Rover will arrive sometime during 2024 and the model will represent one of the most significant changes for the iconic

Nearly £7.0bn allotted to upgrade UK’s public transport system

Rishi Sunak, Chancellor of the Exchequer announced his transport spending plans in the Autumn Budget speech on Wednesday 27th October and committed £6.9bn towards train, tram, bus and cycle projects when he set out his spending plans. Areas such as Greater Manchester, the West Midlands and South Yorkshire will

Tesla tops $1tn in market value as Hertz orders 100,000 vehicles

October 25, 2021: Tesla’s market values took a huge leap as for the first time it broke through the $1tn mark after the US electric car trailblazer received an order for 100,000 of its vehicles from the rental company Hertz. The automaker’s stock market has shown an