Solus Advanced Materials Co. has sold its Luxembourg copper foil subsidiary for 278.4 billion won ($215 million) to focus on electric vehicle battery materials, as it ramps up battery foil production in Europe and North America amid strong EV market growth.
VinFast Launches in India!
@VinfastVF5Plus , a Vietnamese electric vehicle manufacturer, has opened its first Indian showroom in Surat, Gujarat, with bookings open for its VF6 and VF7 models.
#ElectricVehicles #India #VinFast #EVMarket #Manufacturing #Sustainability #MakeInIndia
GM’s EV Rise Powered by Tesla’s Product-First Culture
With 17 EVs and growing fast, GM is now the #2 EV seller in the U.S., thanks in part to ex-Tesla exec Jon McNeil, who brought Tesla’s hands-on, no-slide product review approach. Real products, real results.
#GM #Tesla #EVGrowth #ElectricVehicles #JonMcNeil #Innovation #AutoIndustry #ProductFirst #EVMarket #Leadership
Read Full Article Here :- https://www.techi.com/tesla-gm-ev-growth-product-strategy-lessons/
🔋 China EV Battery Housing Market Accelerates Rapidly!
📊 Valued at $5.24B in 2023, set to soar to $15.96B by 2032
⚡ CAGR: 13.6% (2024–2032)
Know More: https://www.fortunebusinessinsights.com/china-electric-vehicle-battery-housing-market-111946
🌐 Key Update (July 2024):
Minth Holdings Ltd. signed an MoU with Serbia to invest in EV manufacturing and solar equipment facilities.
#EV #BatteryHousing #MinthHoldings #ChinaAuto #GreenTech #ElectricVehicles #Sustainability #EVMarket #AutoInnovation
Tesla's India launch disappoints early fans with high prices, poor communication, and limited support far from the hype it promised.
#TeslaIndia #EVLaunch #ModelY #ElonMusk #ElectricVehicles #IndiaAuto #TeslaFail #EVMarket #TeslaNews #AutoIndustry
Read Full Article Here :- https://www.techi.com/tesla-india-launch-fails-to-impress-early-buyers/
⚡ North America EV Market Charging Ahead! 🔋
Ranked #3 globally, the market is set to grow from $62.73B (2022) to $228.47B by 2030, at a powerful CAGR of 16.1%.
Know More: https://www.fortunebusinessinsights.com/north-america-electric-vehicle-market-107688
📢 Industry Highlight:
In Jan 2023, Lucid Motors outpaced expectations, producing 7,180 vehicles, taking the fight to Tesla in the luxury EV space.
The EV race in North America is just getting started.
#ElectricVehicles #EVMarket #LucidMotors #TeslaRival #SustainableMobility #NorthAmerica #EVGrowth