India has pushed back a deadline to put thousands of battery-driven cars on the road by nearly a year, in a setback to its ambitions of having electric vehicles account for about a third of its fleet by 2030.
Forecasts from Cox Automotive, Edmunds and LMC Automotive/J.D. Power call for U.S. light-vehicle sales to rise about 3 percent to around 1.56 million vehicles in May. It would be the industry’s third increase in the first five months of 2018.
India has been wooing Tesla to set up a factory on its soil, but CEO Elon Musk isn’t falling for it. At least not yet.
Panasonic is aiming to develop automotive batteries without using cobalt in the near future amid soaring prices of the key battery ingredient.
Green4U Technologies has signed a memorandum of understanding to build an assembly plant in Honduras, the first of its kind in the Central American country.