Batteries
Jaguar Land Rover has announced the delay of its new electric Range Rover and electric Jaguar models, citing the need for additional testing and stronger market demand. The Range Rover Electric, previously slated for a 2023 launch, has been pushed back to next year, affecting the 62,000 customers who
Automotive industry
Tesla's second-quarter earnings were impacted by a combination of lower vehicle deliveries, lower regulatory credit revenue, and a reduced vehicle average selling price. The company's net income attributable to common stockholders fell 16% to $1.17 billion, while diluted earnings per share decreased to $0.33
Tariffs
Stellantis, the parent company of Jeep and Fiat, is facing a challenging financial situation, reporting a €2.3bn net loss for the first half of the year. The company is struggling to deal with the impact of US President Donald Trump's tariffs, which have resulted in a €300mn
Batteries
Isuzu East Africa plans to launch its first electric vehicle (EV) in the country in the coming months, with the company aiming to test market readiness for the models. The company's parent, Isuzu Motors Limited, is set to offer battery or fuel-cell powered options in all categories by
Batteries
Electric vehicles and lithium-ion batteries, touted as environmentally friendly alternatives to traditional fossil fuels, have a darker side. In the Democratic Republic of Congo (DRC), mining operations for cobalt and other minerals used in these batteries contribute to deforestation, pollution, food insecurity, and exploitative labor practices. Despite the push for
Batteries
Hangcha Group, a leading industrial vehicle manufacturer, and Manitou Group, a global leader in material handling, aerial work platforms, and earth moving sectors, have joined forces to create a joint venture in Le Mans, France. The new company will focus on manufacturing and distributing lithium-ion batteries for industrial vehicles, marking
Electric vehicles
Nissan Motor Co. has introduced a £1.4m electric truck charging station at its Sunderland Plant, a pioneering move in the UK automotive industry. This project is part of the Electric Freightway consortium led by GRIDSERVE, supported by the UK Government through Innovate UK. The charging station is a key
Electric vehicles
Tesla, the American electric vehicle (EV) maker, has officially entered the Indian market with its first showroom in the city of Mumbai. The move comes after years of delays and policy friction, marking a significant expansion into the world's third-biggest automotive market. Located in the upscale Bandra-Kurla Complex,
Batteries
General Motors (GM) is strengthening its presence in the battery and energy storage market by partnering with Redwood Materials, a leading battery recycler and energy company. The collaboration aims to supply U.S.-built batteries for backup energy storage systems, catering to the growing demand for grid reinforcement and microgrid
Electric vehicles
Georgia's solar, battery, and electric vehicle industries could see significant job losses, higher electricity prices, and reduced investment in clean energy projects due to the recent passage of President Donald Trump's signature domestic policy legislation. Despite Georgia's strong track record in clean energy investment,
Batteries
The recent deployment of United Auto Workers (UAW) leaders to Korea signals a growing union influence in joint ventures between Korean battery manufacturers and US carmakers. The UAW's discussions with Samsung SDI and WCP unions aimed at unionizing workers in the battery sector follow the success of Ultium
Batteries
China's Ministry of Commerce announced a new requirement for licenses to transfer eight key technologies crucial for producing inexpensive electric cars abroad. This move could strengthen China's dominance in the electric car market and limit the ability of Chinese electric carmakers to set up factories overseas,
