Established in 2012, Israeli firm StoreDot has been focusing on the development of fast-charging Li-ion batteries for electric vehicles (EV). After years of hard work, it finally announced this January that the latest version of its traction battery has entered pilot production. StoreDot’s battery technology, which has been demonstrated to have a charging time of just five minutes, is expected to be recognized as a landmark breakthrough in the development of batteries and EVs. ...  more

Foxconn (also known as Hon Hai Precision Industry) recently has been aggressively implementing its ambitious strategy to become a major player in the EV market. ...  more

Audi has revealed more information about the new JV that it is forming with China FAW Group for manufacturing EVs. The MoU for the JV was signed in October 2020, and the entity will be officially established in the first quarter of this year. ...  more

Hyundai has officially announced the investment agreement with the government of the Guangzhou Development District on the establishment of the Hyundai Fuel Cell System (Guangzhou) Co., Ltd., where Hyundai will become the first global automotive manufacturer to set up a production base for hydrogen fuel cell systems in China, which will also be the first overseas production base of hydrogen fuel cell systems for the company. ...  more

A perfect storm has been seen in the semiconductor industry after the global pandemic, where the surging demand for electronics has resulted in a shortage of chips, and the increasing number of chip adoption for automobile has prompted numerous major automotive manufacturers to postpone production plans, for which the phenomenon may decelerate at least 6 months after, according to insiders of the industry. ...  more

BYD has once again scored a major order, and the Colombian capital of Bogota is about to possess the largest electric bus fleet in the Americas. The first 120 buses are already set to begin service. The town will have a complete, 470-strong battery electric bus fleet in 1Q21, serving upwards of 300,000 passengers. ...  more

As Foxconn’s MIH EV Alliance grows stronger, not only are powerful partners joining the fray by the day, but the company is also injecting new blood into the executive team. ...  more

PGO has officially announced the Ur2 Plus light-duty e-scooter, which carries a green license plate in Taiwan and features a wheel hub-integrated motor and single-cell battery. Not only does the Ur2 come with a plethora of available accessories, but it can also be had for as little as NT$40,000 thanks to its various financing options. ...  more

GM on January 13th announced two electric vehicles, including the EV600 truck that is capable of a driving range of 400km, and the mini electric pallet, as well as the new brand BrightDrop, which provides BEV commercial logistics solutions, with FedEx being the first client. ...  more

Word on the street is that the Apple has been eyeing Hyundai up as a possible collaborator for its Apple Car project, which has been dominating EV headlines recently. ...  more