Toyota is Going to Invest $13.5 Billion in EVs Battery Production & Development by 2030   Toyota Motor Corp. invests heavily in electric vehicle battery technology. The automaker said it is investing up to $ 13.5 billion to develop advance...

Hyundai Reportedly Delays Ioniq 6 Due to Increased Battery Capacity   Ioniq 6 will be released in the spring of 2022. Now the deadline could be delayed for a few months. One of the reasons for the delay was Hyundai's decision to add an electri...

Electric Vehicle Battery Replacement Startup Raises an Additional $ 160 Million   EV battery swap start-up Ample, which exited stealth mode in March, announced a $ 160 funding increase for the C-Series. The modular battery swap technology Ampl...

Biden Administration is Aiming for 50% Increase in EV's Sales in the United States By 2030   The US auto industry has gained its strongest support to date to build more all-electric vehicles. President Joe Biden is expected to sign an executiv...

GM Extends Production Shutdown Due to Battery Recall Until Sep 24   US automaker General Motors has extended the shutdown of its Chevy Bolt EV after the automaker recalled all vehicles due to the risk of a battery fire. GM hopes to resume prod...

Genesis Launches GV60 All-Electric SUV to be Released Next Year   The Genesis Electrified G80 is the brand's first electric vehicle, the new GV60 is the automaker's first electric SUV, and is likely to be closely related to the Kia EV6 and Hyu...

XPeng in China Aims to Double Its Manufacturing Capacity of EV to Meet the Demand   Chinese electric vehicle startup XPeng plans to double its production capacity as it takes on segment leader Tesla and others in the world's largest auto marke...

AESC Chinese Company Investing $460 million to Build EV Battery Plant with Nissan in Japan   Chinese battery manufacturer AESC announced on Wednesday that with the cooperation of Nissan Motors Co, they will build a battery manufacturing factor...

USD / JPY  Technical Analysis - Small Pivot at 108.851 Controls Price Action   The main trend is up according to the daily swing chart. Trading through 109.362 will signal the resumption of the uptrend. Trading down to 104,923 will revers...

The Continued Movement of Yuan Below 108,230 will be the First Sign of Weakness   The dollar/yen rise to its highest level since June on Friday as comments from Federal Reserve Chairman Jerome Powell and better-than-expected employment data in...

USD / JPY Analysis: Trading at 104.80   During the Friday morning hours, USD / JPY climbed to 104.80. The exchange rate is expected to rebound off the resistance of the weekly R3 and Fibonacci 23.60% in the 105.00 region. Note that the price m...

USD / JPY Forex Technical Analysis     Dollar/yen fell relatively slowly on Friday with most major traders on the sidelines due to the Christmas holidays. The price action over the past six sessions shows that the bears are taking a brea...