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Inflation Reduction Act Spurs $92 Billion Investment and 84,000 Jobs in U.S. EV Manufacturing: Report

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

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

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.

Google Introduces Electric Vehicle Insights and Tools To Empower Shoppers to Make Well-Informed Choices

Google Introduces Electric Vehicle Insights and Tools To Empower Shoppers to Make Well-Informed Choices

Google introduces innovative electric vehicle features, empowering shoppers with insights on prices, ranges, incentives, and fuel costs to promote informed, eco-conscious EV choices.

British Greentech Firm myenergi Secures £30 Million Investment for International Expansion

British Greentech Firm myenergi Secures £30 Million Investment for International Expansion

UK greentech myenergi secures £30m investment from Energy Impact Partners to fuel international expansion. The company offers innovative eco-smart home energy solutions, including electric vehicle charge points, power diverters, and smart home batteries, with significant growth in recent years.

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.

Tata Motors Commits to Upskilling 50% of its Workforce with a Focus on EV Technology

Tata Motors Commits to Upskilling 50% of its Workforce with a Focus on EV Technology

Tata Motors commits to upskilling 50% of its workforce in the electric vehicle era, investing in advanced training programs and academic collaborations.

Top Stories

Inflation Reduction Act Spurs $92 Billion Investment and 84,000 Jobs in U.S. EV Manufacturing: Report

Inflation Reduction Act Spurs $92 Billion Investment and 84,000 Jobs in U.S. EV Manufacturing: Report

India's Epsilon Advanced Materials to Invest $650M in U.S. Battery Materials Manufacturing Facility

India's Epsilon Advanced Materials to Invest $650M in U.S. Battery Materials Manufacturing Facility

Saudi's PIF and Hyundai Forge Strategic Joint Venture to Produce 50,000 Electric and ICE Vehicles Annually

Saudi's PIF and Hyundai Forge Strategic Joint Venture to Produce 50,000 Electric and ICE Vehicles Annually