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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.

Top Stories

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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Shell aims to install 50,000 on-street EV charge points across the UK by 2025

Royal Dutch Shell has set an ambition to install 50,000 on-street EV charging points across the UK by the end of 2025. The move is part of a wider effort to provide a third of the network needed to hit national climate change targets and bring more charging availability

Lucid Motors Claims To Beat Tesla Model S’s Range

Lucid Motors, an American automotive company, claims its first all-electric sedan can travel up to 517 miles of distance per charge, exceeding top EV models such as the Tesla Model S, which has dominated the range game for years with 402 miles of range. The benchmark range was secured by

Tesla To Deliver Model Y In The UK Soon

With its first deliveries in several EU territories, including Germany, Belgium, and Norway, Tesla's Model Y became Norway’s best selling EV in Europe in less than one week. Even though it has been a long wait for Tesla fans, surprisingly Norway’s constantly increasing registration numbers provide an impression

Tesla Claims That Its New Recycling Process Recovers 92% of Battery Material

Battery recycling is seen as a critical part of the future e-mobility ecosystem. To ensure that batteries do not end up in depots, Tesla has been working with third-party battery recyclers from the beginning. Simultaneously the automaker has also been working on its own “unique battery recycling system” for several

Siemens to produce 1 million EV chargers by 2025 in the US

Siemens set forth its commitment to expand and invest in its operations in the United States to support e-mobility infrastructure in America. The company is going to strengthen its existing VersiCharge Level 2 AC product line of commercial and residential EV chargers. With this commitment, Siemens is ready to manufacture

Australia To Get 5000 EV Chargers With 7kWh Of Free Of Charge Power

BlackRock Real Assets, a giant new renewable energy fund of US investor acquired an equity stake in Australian EV charging provider Jolt Charge. The investment will support Jolt’s plans to roll out more than 5,000 free charging stations and build essential infrastructure to enable the transition to electric

Iconic Vehicles That Are Going Electric

The global auto manufacturing industry is undergoing a rapid transition from reliance on internal combustion engines (ICEs) to an all-electric future. With steady support from governments and leading automakers, alongside changing consumer habits, the global EV market share grew from 8% in 2019 to 12% in 2020 despite headwinds including