ElectricMobility

China's EV Manufacturers Confront Stiff Challenges in Southeast Asia

27 days ago

China's electric vehicle (EV) manufacturers are experiencing significant hurdles as they expand into Southeast Asia, a market previously seen as a fertile ground for growth. Despite the initial excitement surrounding the potential of capturing a share of this region's burgeoning automotive market, several factors have come to light that may dampen these companies' prospects.

Suzuki's India Division Accelerates Electric Vehicle Plans Amid Growing Competition

2 months ago

In a bid to strengthen its foothold in the burgeoning electric vehicle (EV) market, Suzuki's Indian subsidiary, Maruti Suzuki, is ramping up its efforts to produce battery-powered vehicles. The decision comes as the company aims to catch up with competitors and harness the immense potential of the EV sector in a rapidly evolving automotive landscape. Maruti Suzuki is set to unveil its first fully electric car during the upcoming Auto Expo 2025, which is anticipated to be a game changer in the Indian EV market.

Northvolt's Interim Chair Acknowledges Urgent Need for Battery Production Overhaul

4 months ago

In recent developments, the interim chair of Northvolt, a leading European battery manufacturer, addressed critical issues within the company's production operations. In a candid statement, the chair emphasized that Tesla's long-term partner must address significant inefficiencies in its manufacturing processes to sustain competitiveness and meet rising demand for electric vehicle batteries.

Europe's Tech Startup Scene Faces Turbulence Amidst Lilium and Northvolt Setbacks

5 months ago

The European technology startup landscape is currently grappling with significant disruptions following the failures of two high-profile companies: Lilium and Northvolt. These incidents are casting a long shadow over investor confidence and market dynamics in the region, leading to a reevaluation of the growth trajectories for emerging tech ventures.

Siemens to Carve Out EV Charging Unit in Bid to Speed Growth

6 months ago

Siemens AG reportedly plans to hive off its electric-vehicle charging unit, a strategic maneuver to accelerate growth and innovation amid huge demand in the market for EV technology and a source of increased focus on sustainable energy solutions by the company.