Mass production of the revamped Tesla Model Y is expected to begin by mid-2024 in the Shanghai Giga factory.
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NIO ET9 is available for pre-order in China while its delivery is expected to begin in the first quarter of 2025.
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Japan, which is Southeast Asia’s second-largest economy, is also the largest car producer and exporter in the region.
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Tesla uses its pioneering 4680 battery in the Cybertruck but the speed at which it can make these batteries is proving to be a bottleneck.
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Hyundai, last month, started laying the foundation for a 2 trillion won plant dedicated to making EVs in South Korea.
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British couple completes all-electric pole-to-pole expedition on Nissan Ariya
The 10-month-long all-electric trip in Nissan Ariya covered 30,000 kilometres across 14 countries in three continents.
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INDUSTRY NEWSLatest News
US Senator seeks to reverse exemption allowing some Chinese minerals in EVs
The new rules will come into effect in 2024 for completed batteries and 2025 for critical minerals used to produce them.
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The innovative patented ENRX technology (former IPT Technology) works through wireless inductive power transfer.
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The ownership cost of a battery-powered bus is estimated to be 15 to 20 per cent lower than ICE and CNG bus.