Page 4 - Electric Car

Smartphone producer Foxconn announces electric car venture

The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Monday to produce electric cars for auto brands under a similar contract model. Foxconn Technology Group will produce cars and buses for brands in China, North America, Europe and other markets, said its chairman, Young Liu. He said the clients can modify their appearance and features for their markets. Foxconn, also known as Hon Hai Precision Industry Co., enters a crowded global market with electrics being offered by almost every established automaker and dozens of ambitious startups. The flagship Model E sedan, developed with Italian design house Pininfarina, is due to be launched in 2023, the company said. It said the Model E will seat five and have a range of 750 kilometres on one charge. Liu mentioned automakers Fisker Inc. and Taiwan's Yulong Group as clients. The newspaper Taiwan News said last week other potential customers include Stellantis, the automaker formed by

Mercedes-Benz to sell all-electric SUV EQC across all dealerships in India

German luxury carmaker Mercedes-Benz on Thursday said it will start selling its all-electric SUV EQC across all dealerships in India under the phase II expansion strategy.

Tesla delays Cybertruck delivery to late 2022, says CEO Elon Musk

When Tesla unveiled the Cybertruck back in 2019, Tesla said that the electric pickup truck would make it to market by the end of 2021.

About 90% consumers in India willing to pay a premium for buying EV: Survey

The top reason for buying an EV is environmental concern

Apple in talks with CATL, BYD over battery supplies for its EV: Report

Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said

Tesla under scrutiny in China; steps up engagement with regulators: Sources

Tesla's change of strategy leading to more behind-the-scenes interaction with policymakers in Beijing shows the seriousness with which the U.S. automaker views

Britain's driverless car ambitions hit speed bump with insurers

Insurers are key players in the shift to automated driving

India, China border woes hit Bird group's electric hatchback car plans

According to experts, the car was expected to have a price tag of Rs 10 lakh and launched this June

BMW ramping up move into electric cars, vows 50% global sales by 2030

German automaker BMW said Wednesday it intends to speed its rollout of new electric cars, vowing to bring battery-powered models to 50 per cent of global sales by 2030.

Tesla, Ford only carmakers in US not to have gone bankrupt, says Elon Musk

As several carmakers bleed in the US and beyond, Tesla is profitable and according to Elon Musk, his electric car company and Ford are the only two carmakers in the US which have not gone bankrupt

Tesla delivers 499,550 vehicles in 2020, falls just 50 short of target

The quarterly delivery figure is widely seen as a barometer of demand for both Tesla's vehicles and consumer interest in electric vehicles worldwide.

Volkswagen CEO says Apple can mount major challenge with auto push

Diess, 62, received a fresh vote of confidence from the VW supervisory board this month to make the sprawling industrial conglomerate more nimble

Volkswagen boosts investment in electric, autonomous car tech to $86 bn

Volkswagen said it would allocate nearly half its investment budget of 150 billion euros on e-mobility, hybrid cars, a seamless, software-based vehicle operating system

Tesla stock soars past $1,000 after Elon Musk seizes on Nikola's hype

If Musk was looking to regain the attention of any investors whose eyes had wandered toward Nikola Corp., the market got the memo.

Tatas raise the EV game with attractive price on high-level localisation

Earlier this month, MG Motors launched its EV vehicle, the ZS

Porsche's bet: Rich Indians will show off EVs to boost their street cred

The Taycan "will open up a completely new segment of customers", Shetty said in an interview in New Dehli

Ford Motor likely to make its new electric Mustang Mach-E in China

While Ford is building the Mach-E in Mexico, CEO Jim Hackett said the company employs more workers in the US than its competitors

Electric mobility start-ups promise cheaper rides, but can they scale up?

Evolution of successful business models in electric mobility, as electric vehicles gain ground and BS VI norms for internal combustion vehicles come into place, will separate men from boys in sector

How Mukesh Ambani-led world's biggest refinery is bracing for an EV future

RIL is preparing its Jamnagar complex to be future-ready as fuel demand undergoes change with the advent of electric vehicles

Meet Chetan Maini, pioneer in the race for electric mobility in India

Second time's looking lucky for Chetan Maini