a person in North Carolina. In addition to state incentives, legislators also allotted USD 450 million to pay for related infrastructure. The state has deployed part of that money to pay for site prep, roads, and water and sewer upgrades, reasoning that if the EV plant falls through, an industrial mega-site will remain. (multiple sources on March 16, 2026)...

News  Updated at: 2026/03/18

PLN, MEBI, Huawei launch Indonesia’s first 480-kW ultra-fast split charging station Announced on February 21, 2026, PT PLN (Persero), PT Mega Energi Biru Indonesia (MEBI), and Huawei Digital Power Indonesia inaugurated the ZORA Signature SPKLU at Scientia, Summarecon Gading Serpong, South Tangerang, on February 14. With power of up to 480 kW, it is Indonesia’s first Ultra-Fast Charging station equipped with smart Split Charging and Liquid Coo...

News  Updated at: 2026/02/23

ted to a charging ecosystem of over 230 thousand charging points across 1,500 cities, including more than 30,000 aggregated public chargers and a curated “.ev Verified” network of 2,500+ fast chargers across 500 cities. In addition, it has deployed over 450 superfast charging points across 130+ mega charging hubs on 80 highways, with plans to expand this highway network to about 800 points by FY 2026. Based on the Tata Motors Passenger Vehicl...

News  Updated at: 2026/02/20

ElevenEs raises funding for battery cell mega factory in Serbia On February 18, ElevenEs completed the first closing of its Series B investment round, backed by Caterpillar Venture Capital, Inc. a subsidiary of Caterpillar Inc. Additionally, an affiliate of BST (HK) Ltd., a leading Hong Kong-based commodity trading house, participated in the round. The proceeds will be used for the initial phases of infrastructure and equipment toward the planned...

News  Updated at: 2026/02/19

Mahindra, India unveils INR 150 billion Nagpur mega-manufacturing hub plan On February 6, Mahindra Group announced plans to set up its largest integrated manufacturing facility for automobiles and tractors in Nagpur, Maharashtra, with a total investment commitment of INR 150 billion over 10 years in the state. The new complex will be developed on 1,500 acres in Vidarbha, supported by a 150-acre supplier park in Sambhajinagar, and is expected to ...

News  Updated at: 2026/02/06

e and a range of up to 620 km. The model accelerates 0-100 km/h in 3.9 seconds (P12 AWD Electric)/4.6 seconds (P10 AWD Electric)/5.9 seconds (P6 Electric), and top speed is 180 km/h. It features technologies such as cell-to-body construction, in-house electric motors, a new battery cell design, and mega casting that improve efficiency, extend range, and reduce weight.  The EX60 can add up to 340km of range in 10 minutes when using a 400kW fast c...

News  Updated at: 2026/01/22

Endurance, India, receives eligibility certificate under Package Scheme of Incentives - 2019 On January 13, Endurance Technologies Limited announced that it has received an addendum to the Eligibility Certificate (“EC”) issued by the Directorate of Industries, Government of Maharashtra, for expansion under Mega Projects. It is eligible to receive incentives to the extent of INR 8.58 billion, an increase of INR 2.52 billion over INR 6.06 billi...

News  Updated at: 2026/01/14

Using a 400-kW fast charger, the vehicle can add up to 340 km of range in just 10 minutes. The EX60 improves efficiency by integrating the battery into the car’s structure and using in-house developed electric motors, which reduces weight and increases driving range. It is the first Volvo to use mega casting, where many small parts are replaced by a single large casting. The lighter materials and better heat control also support quicker chargi...

News  Updated at: 2026/01/08

s approximately 2,500 hectares in the state. The collaboration will explore projects in smart urban development, electric mobility (including electric taxi services), healthcare, education, tourism, renewable energy, and charging infrastructure. The planned initiatives include a Vinhomes Smart City mega-urban area for approximately 200,000 residents on a 1,080-hectare site. In electric mobility, Vingroup proposes India’s first large-scale elect...

News  Updated at: 2025/12/09

Musk talks of mega AI chip fab, potential Intel partnership at Tesla shareholders meeting On November 6, Tesla CEO Elon Musk scored an important victory as shareholders at the annual meeting approved a USD 1 trillion pay package over the next decade, endorsing his vision of morphing the EV maker into ‍an AI and robotics giant. Musk said that Tesla probably will have to build "a gigantic chip fab" to make artificial intelligence chips. "Even whe...

News  Updated at: 2025/11/08

m of understanding (MoU) with the Government of Kinshasa, the capital of the Democratic Republic of Congo, to collaborate on the research and development of large-scale urban projects and green mobility initiatives. Under the MoU, both sides will work together to develop a 6,300-hectare riverfront mega-urban project, while gradually converting over 300,000 vehicles from gasoline to electric, and build a comprehensive electric bus network with ch...

News  Updated at: 2025/10/27

the North Sea–Baltic corridor has 13 dedicated stations (7 still being built), while the Rhine–Alpine corridor also has 13 (3 under construction). There are also charging stations compatible with heavy-duty vehicles, although they’re not specifically designed for them. In the near future, new mega-chargers will enable trucks to recharge within minutes. Based on Renault Trucks press release...

News  Updated at: 2025/10/16

se of relief to the automotive parts industry. However, there remain uncertain factors such as the treatment of the U.S.–Mexico–Canada agreement (USMCA), and there will still be concerning times ahead regarding how to decide on mid- and long-term investment. On the other hand, an executive of a mega-supplier stated that careful judgment will be required for the localization of internal combustion engine-related production. Chinese manufacture...

News  Updated at: 2025/09/08

Li Auto, China, to launch Lixiang MEGA electric minivan in Russia On August 26, the Minister of Industry and Trade of the Russian Federation visited the research and development center of electric vehicle manufacturer Li Auto. He reviewed the autonomous driving system and tested the new model of the Lixiang MEGA electric minivan. In a social media post, the Ministry announced that the car is being prepared for release on the Russian market. Based...

News  Updated at: 2025/08/27

BYD launches Shark 6 hybrid pickup truck in Pakistan for PKR 19.95 million On July 25, 2025, BYD Pakistan, in partnership with Mega Motor Company (MMC), launched the BYD Shark 6 plug-in hybrid pickup truck in Karachi for PKR 19.95 million. The BYD Shark 6 features BYD's Dual Mode Off-road (DMO) technology, combining a 1.5-liter turbocharged gasoline engine with dual electric motors. The front motor produces 130 kW and 170 Nm of torque, while the ...

News  Updated at: 2025/08/08

e by the state under an RFP published in May. The two-year pilot project will deploy three GreenPower Type A all-electric, purpose-built, zero-emission Nano BEAST Access school buses in the first school year (2025-26), and three GreenPower Type D all-electric, purpose-built, zero-emission BEAST and Mega BEAST school buses in the second school year (2026-27).  The contract between GreenPower and the state of New Mexico provides more than USD 5 mi...

News  Updated at: 2025/08/05

local customers, and promote sustainable development within the automotive sector. At GIIAS 2025, VinFast signed agreements with 20 reputable dealership partners, such as PT Auto Green AAS, PT Ivan Dijaja Mandiri, PT Bimmeroom Mobil Indonesia, PT Alto Anugerah Abadi, PT Prestisius Indonesia, and PT Mega Central Autoniaga, chosen for their strong foothold in key markets. These new partnerships will gradually add 38 showrooms through 2026, while ex...

News  Updated at: 2025/07/29

on procurement and jointly developing new models for the China market. The company has also reduced working capital and slowed its investment pace. The major investments in its new product platform are nearly complete, which will lead to lower costs and better performance through technologies like mega-casting, cell-to-body batteries, and in-house e-motors. The first model using this platform will be the all-electric Volvo EX60. The company will...

News  Updated at: 2025/07/18

following a new-generation Volvo model. The Polestar 7 will offer the design and performance characteristics that are synonymous with the brand, while sharing a common technology base with two forthcoming Volvo models, including the Volvo EX60. The vehicle will benefit from group component sharing, mega casting, cell-to-body technology with advanced battery performance, and Volvo’s next-generation in-house electric motors. This approach to tech...

News  Updated at: 2025/07/03

ntly, Tata Motors has installed 160,000 home charging points, and by FY30, the company plans to scale this up to 1 million home chargers and over 100,000 public charging points across India. The company is planning fast charging in over 2,000 cities and towns by FY30. Tata Motors will scale TATA.EV Mega Chargers to over 1,000 locations. Tata Motors is also integrating renewable energy and AI to deliver sustainable, low-cost charging.  Based on T...

News  Updated at: 2025/06/10