Designed to end China’s overwhelming dominance of the critical metals sector and passed in August, Biden’s signature Inflation Reduction Act has been welcomed as a landmark climate law that will boost EV manufacture and uptake in the US.
Two-wheelers and three-wheelers account for over 80 per cent of vehicle sales in India and the adoption of electric vehicles has been steadily rising in the past few years.
South Korea's trade ministry said on Tuesday that Hyundai Motor was considering building EVs at its existing factories in the United States to qualify for U.S. federal EV tax credits.
The Bengaluru-based company has commenced the bookings of the model and deliveries are expected to begin from the third quarter of next year.
The EV maker is in the final stages of getting an approval from the state govenrment to set up another new plant with a total capacity of around one million electric vehicles per annum by the end of FY23.
A white paper will be prepared on a roadmap to develop new battery technologies in India. This would be followed by the creation of an expert-industry forum or platform to support this process, the CSE said in a statement on Tuesday.
Envision and Infosys will co-develop a cloud-based, modular platform that leverages AWS Cloud components of Infosys Cobalt to “digitise key processes that require a high level of human intervention”
Chief financial officer Anuj Tewari says raising funds from top financial institutions through the debt route marks a validation of the company's business model
Mazda's senior managing executive officer Akira Koga said the investment would be made along with its "partners", without elaborating, and will be used for research and development. The news was first reported by the Nikkei business daily.
Congratulating, Ola CEO Bhavish Aggarwal and his team, Paytm founder Vijay Shekhar Sharma said he was certain that they would make India proud.
As a result of this partnership, Hero will enhance battery safety, reliability, and performance as well as meet the rising e2W demand through an aggressive production line-up.
In the last few months, several Chinese EVs have received five-star European New Car Assessment Programme (NCAP) ratings - an achievement that requires loading vehicles with active and passive safety features that go well beyond legal requirements.
The company said it has delivered 200 units of the EV6, which comes as a completely built unit (CBU), to customers till date. This number is already twice the initially planned 100 units for the entire year, the South Korean automaker said in a statement.
The higher range battery pack versions have been priced at Rs 6.79-lakh and Rs 7.79 lakh, respectively.
Europe's automobile and parts index slid 4.06% on the move, which highlights the challenges for foreign automakers struggling to break into China's growing EV market.
BYD-ATTO 3 has received over 1,500 mark bookings since it was announced on October 11. The model will be available in 4 colors: Boulder Grey, Parkour Red, Ski White, and Surf Blue.
The firm plans to utilise the funds to strengthen momentum towards enabling green last-mile mobility for people movement and goods deliveries, Yulu has said
EV sales stood at 39,329 units in October 2021.
With these partnerships, Mahindra EV users will get seamless access to a robust fast charging infrastructure and e-mobility solutions spanning across discovery, availability, navigation and transactions, the Mumbai-based automaker said in a statement.
As industry giant CATL has discovered, it’s costly to promise too much, too soon when it comes to such complex technology
According to the release, Ola had made a big push during Diwali with the launch of all-new Ola S1 Air for INR 84,999 towards transforming India’s EV revolution into a mass movement.
Negotiations between Renault and Nissan are ongoing with less than two weeks remaining to meet a Nov. 15 target the automakers had set to reach a deal, according to people with knowledge of the talks.
Power discom Tata Power Delhi Distribution Limited (TPDDL) has collaborated with the Indian Army for installing 17 fast charging points for EVs at Delhi Cantt.
China’s auto exports rose over 50% in the first nine months of this year, shipping out over 2 million vehicles.
The world's biggest automaker by sales said last week its global production rebounded by 30% in the quarter that ended in September, but warned shortages of semiconductors and other components would continue to constrain output in coming months.