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Ev financing News

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Technology

Rising Fuel Costs Driving Consumers Toward EVs, Says BYD Executive.

May 13, 2026 at 12:44 PM

BYD executive Stella Li argues that the global surge in oil prices is serving as a catalyst for consumer adoption of electric vehicles, as drivers seek cost-effective alternatives to combustion engines.

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Rising Fuel Costs Driving Consumers Toward EVs, Says BYD Executive
Image Credit : autonews.com
Local News
JKCG Auto Teams Up with BOC and SLIC to Drive EV Transition for Public Sector Employees
Image Source : en.wikipedia.org

JKCG Auto Teams Up with BOC and SLIC to Drive EV Transition for Public Sector Employees.

May 12, 2026 at 12:10 AM
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Technology

Navigating the Red Tape: EV Manufacturers Challenge Antiquated Dealer Franchise Laws.

Electric vehicle manufacturers like Rivian and Lucid are pushing back against restrictive state-level franchise laws that prevent direct-to-consumer sales, leading to complicated and inefficient customer experiences in various US states.

May 11, 2026 at 8:54 AM
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Local News
JKCG Auto Launches Targeted EV Initiative for Sri Lankan Public Sector Employees
Image Source : global.chinadaily.com.cn

JKCG Auto Launches Targeted EV Initiative for Sri Lankan Public Sector Employees.

May 11, 2026 at 6:28 AM
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Moment Energy Secures $40 Million to Scale EV Battery Repurposing Technology
Technology•
May 5, 2026 at 12:06 PM

Moment Energy Secures $40 Million to Scale EV Battery Repurposing Technology.

Moment Energy has raised $40 million in Series B funding to scale its grid-scale energy storage solutions, which repurpose used electric vehicle batteries with proprietary software and UL certification.

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Technology

Autonomous Vehicle Industry Enters Era of Consolidation as Capital Flows to Top Players.

May 4, 2026 at 8:24 AM

The autonomous vehicle sector is witnessing a record-breaking year for venture capital, but funding is highly concentrated among a few dominant firms like Waymo, signaling a shift toward industry maturation and consolidation.

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Technology
Rivian Adjusts Strategic Plans: Debt Financing Reduced Amidst Georgia Plant Expansion

Rivian Adjusts Strategic Plans: Debt Financing Reduced Amidst Georgia Plant Expansion.

April 30, 2026 at 8:07 PM
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Technology
Struggling EV Maker Faraday Future Discloses Multimillion-Dollar Payments to Founder-Linked Firm

Struggling EV Maker Faraday Future Discloses Multimillion-Dollar Payments to Founder-Linked Firm.

April 30, 2026 at 7:01 PM
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Technology
General Motors Shifts Focus Back to Combustion Engines Amid Cooling EV Demand
Image Source : spectrumlocalnews.com

General Motors Shifts Focus Back to Combustion Engines Amid Cooling EV Demand.

April 29, 2026 at 10:24 PM
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OPEC Fund Unveils $1.5 Billion Global Economic Resilience and Trade Initiative
Image Source : thehighstreetjournal.com
Economy•
April 29, 2026 at 8:12 PM

OPEC Fund Unveils $1.5 Billion Global Economic Resilience and Trade Initiative.

The OPEC Fund for International Development has introduced a $1.5 billion financing program, titled E-STAR, aimed at bolstering trade, economic stability, and resilience across its partner nations.

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Technology

XPENG G6 Electric SUV Set to Redefine Sri Lanka's Premium EV Market.

April 28, 2026 at 4:50 AM

Evolution Auto is set to launch the XPENG G6, a high-tech electric SUV, in Sri Lanka on May 15th, positioning it as a direct global rival to the Tesla Model Y.

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Local News
Elektrateq and Elexi Forge Strategic Partnership to Expand Electric Three-Wheeler Access in Sri Lanka
Image Source : sundaytimes.lk

Elektrateq and Elexi Forge Strategic Partnership to Expand Electric Three-Wheeler Access in Sri Lanka.

April 28, 2026 at 4:02 AM
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Technology
Porsche Expands All-Electric Cayenne Portfolio with New Coupe Variant

Porsche Expands All-Electric Cayenne Portfolio with New Coupe Variant.

April 24, 2026 at 4:12 AM
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Local News
Gavinro Group Launches GV Auto to Expand Electric Vehicle Access in Sri Lanka
Image Source : globaltenders.com

Gavinro Group Launches GV Auto to Expand Electric Vehicle Access in Sri Lanka.

April 21, 2026 at 4:52 AM
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Rivian Seeks Strategic Partnerships with Major Automakers to License Proprietary Software
Image Source : riviantrackr.com
Technology•
April 17, 2026 at 11:58 AM

Rivian Seeks Strategic Partnerships with Major Automakers to License Proprietary Software.

Electric vehicle manufacturer Rivian is actively pursuing deals to license its sophisticated software platform to legacy automakers, aiming to diversify its revenue streams beyond vehicle sales.

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Technology

US Electric Vehicle Market Faces Sharp Q1 Decline Amid Intensified Tesla Dominance.

April 10, 2026 at 9:26 AM

The US electric vehicle market experienced a 27% contraction in Q1 2026 as legacy automakers struggled with falling demand and the lack of federal subsidies. Tesla successfully maintained a 54% market share, bolstered by the strong performance of the Model Y.

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US Electric Vehicle Market Faces Sharp Q1 Decline Amid Intensified Tesla Dominance
Image Credit : cbtnews.com
Business
Strategic Pivot: BMW and Mercedes-Benz Race to Revive Electric Vehicle Growth
Image Source : swp.de

Strategic Pivot: BMW and Mercedes-Benz Race to Revive Electric Vehicle Growth.

April 9, 2026 at 7:12 AM
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Local News
Sri Lanka’s Electric Vehicle Transition: Market Challenges and Future Outlook
Image Source : lankatalks.com

Sri Lanka’s Electric Vehicle Transition: Market Challenges and Future Outlook.

April 9, 2026 at 6:34 AM
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Local News
Radisson Hotels Sri Lanka Adopts Electric Fleet in Major Sustainability Drive
Image Source : lankatalks.com

Radisson Hotels Sri Lanka Adopts Electric Fleet in Major Sustainability Drive.

April 9, 2026 at 5:03 AM
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DIMO Launches EVO Platform to Revolutionize Sri Lanka’s EV Charging Infrastructure
Image Source : sundaytimes.lk
Technology•
April 8, 2026 at 4:34 AM

DIMO Launches EVO Platform to Revolutionize Sri Lanka’s EV Charging Infrastructure.

DIMO has launched 'EVO by DIMO,' a strategic platform introducing Siemens high-performance EV charging technology to Sri Lanka to support nationwide electric mobility.

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