Koç Holding withdraws from the non-binding MoU with LGES and Ford for an EV battery JV in Türkiye

Korean news agency Yonhap reports that LG Energy Solution, Ford, and Koç Holding scrap plans to build an EV battery JV in Türkiye. Earlier this year, on February 22, the three companies signed a non-binding Memorandum of Understanding (MoU) to form a new joint venture to create one of Europe’s largest commercial electric vehicle battery…

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Toyota recasts hybrids without charge ports as “hybrid EVs”

Hybrid cars have combustion engines but, unless they are plug-in hybrids, not EV charge ports. A new Toyota marketing campaign appears to downplay the difference. Announced Monday, the new “Electrified Diversified” campaign emphasizes the variety of options available from Toyota, encompassing battery-electric, hydrogen fuel-cell, plug-in hybrid, and hybrid powertrains. In an accompanying press release, Toyota…

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2nd edition of CII Indian Commercial Vehicle Conclave successfully held in Gurugram

 The 2nd Edition of the Confederation of Indian Industry (CII) Indian Commercial Vehicle Conclave took place today at Gurugram, where industry leaders gathered to shed light on the transformative mega trends shaping the Indian Commercial Vehicle (CV) sector. Mr. Girish Wagh, Executive Director, Tata Motors Ltd, emphasized that A.C.E.S (Autonomous, Connected, Electric & Shared Mobility),…

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