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Electric Vehicles
Porsche to Cut 1,900 Jobs in Germany After EV Demand Slumps
The body shell of an all-electric Porsche Taycan.Porsche AG will trim its workforce by 1,900 employees by the end of the decade in response to weak electric veh…
Electric Vehicles
LG Energy Swings to $154M Operating Loss in Q4 on Still-Weak EV Demand
LG Energy Solution's battery plant in MichiganLG Energy Solution swung to an operating loss of 225.5 billion won ($154 million) in the fourth quarter of 202…
Market Analysis
Global EV Demand Seen Growing 11-Fold by 2035 in Zero-Emission Shift
Nissan Motor Co. exhibits its new all-electric Ariya sport utility vehicle at the Chicago Auto Show on July 14, 2021.
EV Market
Australia's Infinity Lithium Signs Supply Deal with LG Energy in EV push
Lithium, an essential component of electric vehicles, is becoming an increasingly important metal with EV demand surging globally as countries race to meet emis…
Electric Car
Germany, Italy Lead Europe's EV Demand Drive in 1Q
Battery electric vehicle registrations increased year on year in the first quarter of 2021, spurred by gains in Germany and Italy
Electric Car
VW Invests €15bn in Chinese Electric Vehicle Market
German automaker Volkswagen is investing €15bn in the Chinese electric vehicle market, seeking to extend its push into the sector and its market share in the w…
