The Latest Breaking News from electric vehicle

Foodservice distribution company Sysco Corp (NYSE:SYY) has signed a Letter of Intent (LOI) with Daimler Truck North America (DTNA) for electric vehicle deployment. Under the agreement, Sysco will deploy up to nearly 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026. The financial terms were not disclosed. The first eCascadia delivery is expected to arrive at Sysco's…

South Australia's new Labor government has delivered on one of its election promises and moved to scrap plans for a tax on electric vehicles in the state.

Governments in Southeast Asia are floating very ambitious plans to capture a share of the electric vehicle market. And rightfully so.

The electric vehicle (EV) industry in Thailand is expected to grow rapidly after the pandemic is controlled, given the government's greater efforts to boost EV sales and production, says global consulting firm ABeam Consulting (Thailand).

Electric vehicle startup Fisker (FSR) is making progress on developing its “Pear” model and has announced a third vehicle named “Project Ronin.” However, is it wise to buy the stock now even though the company has yet to pass the production test on its first vehicle? Read on, let’s find…

Despite a supply chain crisis and higher upfront cost, the sale of electric vehicles (EV) increased in the first quarter of 2022, thanks to consumers' concerns over high energy prices and robust government initiatives to boost domestic production of EV batteries. So, Wall Street Analysts are bullish on the stocks…

Increased demand for efficient and low-emission vehicles, along with government initiatives to speed up the shift of their nations’ vehicle fleets from gasoline-powered to electric vehicles, has fostered rapid growth in the sale of the electric vehicles of late. However, a few companies in this sector have not been able…

Chinese electric vehicle manufacturers that bore the brunt of the domestic COVID-19 lockdowns could be in for a reprieve. What Happened: With the looming expiration of EV subsidies, China's policymakers have initiated discussions with domestic manufacturers regarding the extension of the program, Reuters reported, citing people familiar with the matter.

Hyundai Motor Company (OTC:HYMTF) is planning to invest a total of 21 trillion won ($16.54 billion) through 2030 for the expansion of its electric vehicle (EV) business in South Korea, Reuters reported. The South Korean auto giant is expecting to produce 1.44 million units of EVs in South Korea by 2030. The proposed…

Shares of U.S.-listed Chinese firms traded mixed in Hong Kong on Wednesday morning, with web search giant Baidu Inc (NASDAQ: BIDU) and electric vehicle maker NIO Inc (​​NYSE: NIO) among stocks that were in the green.

Modine Manufacturing Co (NYSE:MOD) has launched EVantage Thermal Management Systems for commercial electric vehicle chassis. The EV thermal management systems regulate battery, traction motor, and power electronics temperatures within optimal ranges under all operating conditions and are customizable for any size chassis. The Thermal Management Systems launched include EVantage Battery Thermal Management System (BTMS), providing control…