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  • Chinese automaker plans electric car production in South Africa Apr 25, 2018 05:04 PM IST

    Chinese automaker plans electric car production in South Africa

    BAIC Group's announcement at the Beijing auto show, the industry's biggest sales event of the year, came as Nissan unveiled its first electric car designed for China while General Motors displayed Buick SUV it says can go 600 kilometres on one charge.

  • Nissan sees electric car sales surging to 1 million annually by 2022 Mar 23, 2018 05:35 PM IST

    Nissan sees electric car sales surging to 1 million annually by 2022

    Japan's No. 2 automaker and its rivals are planning to crank up development and production of electric cars in response to tightening emissions regulations around the world, even as demand for such vehicles remains limited due to their high cost and limited charging infrastructure.

  • BMW says electric car mass production not viable until 2020 Mar 22, 2018 07:40 PM IST

    BMW says electric car mass production not viable until 2020

    Munich-based BMW unveiled its first battery electric car in 2013, and has been working on different generations of battery, software and electric motor technology since then.

  • No time-frame decided on all electric car fleet in India: Anant Geete Feb 21, 2018 08:21 AM IST

    No time-frame decided on all electric car fleet in India: Anant Geete

    The minister said the government wants to encourage adoption of electric mobility by changing people's mindsets and cooperation of the automobile industry.

  • Renault-Nissan alliance, Didi Chuxing to explore China electric car-sharing tie-up Feb 07, 2018 01:17 PM IST

    Renault-Nissan alliance, Didi Chuxing to explore China electric car-sharing tie-up

    A person familiar with the matter said the new potential partnership is about looking at the possibility of supplying all-electric battery car models for Didi's new service.

  • Daimler to invest $755 million in China for electric car, battery production: Executive Nov 17, 2017 11:21 AM IST

    Daimler to invest $755 million in China for electric car, battery production: Executive

    Hubertus Troska, head of Daimler's greater China operations, told reporters that the investment was part of Daimler's previously announced 10 billion euros ($11.8 billion) global green car initiative.

  • Battery swapping can push electric car revolution: ADB blog Oct 23, 2017 04:10 PM IST

    Battery swapping can push electric car revolution: ADB blog

    Tenders to procure 10,000 high-performance electric cars have already been announced, and the government is expected to invite bids for 50,000 electric three-wheelers from the original equipment manufacturers by the end of this year.

  • Tesla system partly to blame in fatal 2016 crash: Safety panel Sep 13, 2017 08:21 AM IST

    Tesla system partly to blame in fatal 2016 crash: Safety panel

    The driver's "overreliance" on the Tesla system -- designed as a semi-autonomous diving system to be used with a human operator -- permitted "prolonged disengagement" that led to the collision with the freight trailer, the National Transportation Safety Board report said.

  • Bond investors give Tesla a $1.8 billion endorsement Aug 12, 2017 01:41 PM IST

    Bond investors give Tesla a $1.8 billion endorsement

    Those robust returns, however, have shrunk as a strong reservoir of cash ready to deploy in the riskiest areas of the high-yield fixed income market has pushed them to near their lowest levels in three years. That has given junk-rated issuers such as Elon Musk's U.S. car company the opportunity to raise cash cheaply.

  • Tesla seeks $1.5 billion junk bonds issue to fund Model 3 production Aug 08, 2017 07:35 AM IST

    Tesla seeks $1.5 billion junk bonds issue to fund Model 3 production

    The debt offering marks Tesla's debut in the junk-bond market and the company will start road-shows on Monday, IFR reported, citing lead bankers on the deal.

  • Toyota set to sell long-range, fast-charging electric cars in 2022 Jul 25, 2017 08:28 AM IST

    Toyota set to sell long-range, fast-charging electric cars in 2022

    Current electric vehicles (EVs) typically have a range of just 300-400 kilometres (185-250 miles) and need 20-30 minutes to recharge even using fast chargers. By using all-solid-state batteries, which can store more energy and can recharge more quickly than lithium ion batteries, Japan's top automaker would be removing the two key shortcomings associated with EVs today.

  • Govt to Tesla: No local sourcing required for manufacturing in India May 23, 2017 03:47 PM IST

    Govt to Tesla: No local sourcing required for manufacturing in India

    The government responded to apprehensions expressed by Tesla founder Elon Musk that the company would have to source a certain percentage of local components to set up plant here.

  • Mahindra pulls the plug on electric car sales in UK May 03, 2017 03:32 PM IST

    Mahindra pulls the plug on electric car sales in UK

    Mahindra's exit from the UK comes less than a year after it launched the e2o car in a market it considered a launch-pad for selling electric cars in Europe, especially to countries like Norway, Sweden and the Netherlands.

  • Govt withdraws subsidy to mild hybrids under FAME scheme Apr 02, 2017 12:33 PM IST

    Govt withdraws subsidy to mild hybrids under FAME scheme

    The government has withdrawn incentives given to mild hybrid vehicles under FAME India scheme, impacting the country's largest carmaker Maruti Suzuki India the most.

  • Pininfarina,Hybrid Kinetic ink 65mn euro pact for electric car Feb 27, 2017 05:54 PM IST

    Pininfarina,Hybrid Kinetic ink 65mn euro pact for electric car

    Mahindra group-owned automotive design firm Pininfarina has inked a pact worth 65 million euros (around Rs 460 crore) with Hong-Kong listed Hybrid Kinetic Group for developing an electric car.

  • Tesla's 'close to the edge' cash foretells capital raise Feb 24, 2017 10:52 AM IST

    Tesla's 'close to the edge' cash foretells capital raise

    Tesla Inc Chief Elon Musk has taken big risks repeatedly since going public in 2010, but investors were spooked on Thursday after he said the electric car company could get "close to the edge" as it burns cash ahead of its crucial Model 3 launch.

  • Tesla hoping to enter India this summer: Elon Musk Feb 08, 2017 04:18 PM IST

    Tesla hoping to enter India this summer: Elon Musk

    "Hoping for summer this year," Musk tweeted in a reply to a query on by when Tesla could launch its vehicles in India.

  • Uber launches first electric car fleet in Madrid Dec 22, 2016 03:27 PM IST

    Uber launches first electric car fleet in Madrid

    Ride-hailing service Uber Technologies launched in Madrid on Thursday its first fleet of electric cars.

  • JLR says half of its new cars will have electric option by 2020 Nov 17, 2016 08:02 AM IST

    JLR says half of its new cars will have electric option by 2020

    The automaker, owned by India's Tata Motors, unveiled the all-electric Jaguar I-PACE Concept SUV at the Los Angeles Auto Show.

  • Tata Motors' Jaguar drives new electric car concept Nov 15, 2016 07:22 PM IST

    Tata Motors' Jaguar drives new electric car concept

    Scheduled for production in next year, the all-electric battery-powered Jaguar SUV is expected to hit the roads towards the end of 2018.

  • Gadkari asks Tesla to make India its Asia manufacturing hub Jul 16, 2016 05:08 PM IST

    Gadkari asks Tesla to make India its Asia manufacturing hub

    Gadkari visited the Tesla factory near San Francisco yesterday and offered to promote joint ventures between the firm and Indian automobile companies with a view to introducing pollution-free road transport in India.

  • Samsung in talks to invest in Chinese electric car maker BYD Jul 15, 2016 05:08 PM IST

    Samsung in talks to invest in Chinese electric car maker BYD

    The South Korean company said that the move is aimed at strengthening its burgeoning semiconductor business for vehicles.

  • Germany to boost electric cars with 1 bn euro scheme Apr 28, 2016 07:38 AM IST

    Germany to boost electric cars with 1 bn euro scheme

    Car buyers will receive USD 4,500 when they choose a purely electric vehicle and 3,000 euros for a plug-in hybrid, with the cost shared 50-50 between the public purse and car makers.

  • Mahindra to drive electric car into other European markets Apr 17, 2016 07:19 PM IST

    Mahindra to drive electric car into other European markets

    Having launched its electric car 'e2o' in the UK, Indian auto major Mahindra & Mahindra (M&M) is now keen to drive into other advanced European markets including Sweden and Norway as part of its business expansion plans for this new vehicle segment.

  • Mahindra Reva mulls launching products in Europe next year Dec 21, 2015 07:11 PM IST

    Mahindra Reva mulls launching products in Europe next year

    "Europe is a very interesting space for us, we are looking at launching our products sometime in calendar year 2016 in European market," Mahindra Reva Electric Vehicles Pvt Ltd Vice President (Sales and Marketing) Jagan Kurian told reporters.

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