Middle East Tensions Drive Surge in Demand for Affordable EVs in Europe

[Tesla Semi Electric Truck Battery Capacity Officially Revealed, Up to 822 kWh] The California Air Resources Board recently confirmed the battery capacity of the Tesla Semi electric truck through regulatory filings, with actual specifications lower than the figures Musk initially disclosed in 2022. According to the documents, the long-range Tesla Semi is equipped with an 822 kWh battery pack, while the standard-range version has 548 kWh. Both car models use Tesla 4680 battery cells with NCMA lithium-ion chemistry.

[Tata Motors and JSW Plan to Invest $1 Billion to Boost EV R&D in India] India's Tata Group and JSW Group plan to jointly invest nearly $1 billion in independent EV and battery R&D operations, as Indian domestic automakers seek to reduce their dependence on Chinese supply chains. According to sources, Tata Group's battery subsidiary Agratas plans to invest over $400 million to build a battery R&D center in Bangalore, Karnataka, India.

[Stellantis Opens First Vehicle Dismantling Center in Middle East and Africa] Stellantis recently inaugurated its first vehicle dismantling center in the Middle East and Africa region in Casablanca, Morocco, marking the company's expansion of its circular economy strategy into the region. The facility covers an area of 6,000 m² and can dismantle 10,000 retired vehicle units per year. This is the third dismantling center Stellantis has established globally, following those in Turin, Italy, and São Paulo, Brazil.