Page 14 - Electric Vehicles

Cargo ship carrying over 3,000 vehicles sinks in Pacific Ocean after fire

Salvage firm Resolve Marine confirmed the EV fire-damaged Morning Midas sank in deep international waters; all 22 crew were rescued, and pollution monitoring is ongoing

Electric plane makes history flying 130 km over New York with passengers

Beta Technologies' electric aircraft Alia CX300 flew four passengers from East Hampton to JFK Airport, covering 130 km in 35 minutes - at a cost of just about ₹700, marking an aviation first

EV cost no longer a top concern as Uber drivers worry about charging access

The challenge will be tackling the new No. 1 concern - charging difficulties - especially for a company that depends on drivers who typically lack access to home charging

Rare earth-free EV motor 3 years away, says Montra MD Jalaj Gupta

India's automobile industry is currently facing a rare earth magnet shortage after China -- which supplies over 80 per cent of India's magnet imports -- imposed stricter export controls in April 2025

Tesla to launch India showrooms in July with China-made Model Y EVs

Tesla will open its first showrooms in India in July, starting with Mumbai and New Delhi, bringing in China-made Model Y EVs as it seeks growth amid slower sales in Europe and China

TI Clean Mobility aims for $1 billion turnover by FY30 with EV push

Murugappa Group firm TI Clean Mobility is targeting a turnover of USD 1 billion in the next 4-5 years for which it will fast-track introduction of new electric vehicles, its Managing Director Jalaj Gupta said on Friday. The company, which sells a range of electric vehicles, including heavy and small commercial vehicles, tractor and passenger three-wheelers under the 'Montra Electric' brand on Friday announced its foray into three-wheeler cargo segment. "Our larger objective is to be a USD 1 billion turnover (firm) all put together... We are looking at a time frame of four to five years, FY29 or FY30, to achieve this," Gupta told PTI here. In FY25, he said the company clocked a consolidated turnover of Rs 650 crore. The company has completed raising of Rs 3,000 crore and currently investments are ongoing in various aspects, including new product development, he added. In the next 6 to 12 months, he said the company is looking at adding an electric tractor in the 40-50 horse power (

EV plans face 24-month delay as OEMs, suppliers hit R&D, execution limits

A study by Vector Consulting finds poor coordination, shared resources, and legacy systems are delaying electric vehicle launches and straining supplier networks across India

Tata Elxsi, Infineon partner to develop application-ready EV solutions

The partnership also plans to explore electric Vertical Take-Off and Landing (eVTOL), energy, and off-highway applications

BikeWo, Flipkart logistics arm partner on EV Push for last-mile delivery

BikeWo and Flipkart's Instakart launch over 1,300 EVs across seven states to boost sustainable last-mile logistics with AI-led route optimisation and real-time tracking

Trump turning US into electric vehicle laggard with rollback of policies

Trump ordered the elimination of subsidies and other measures boosting electric vehicles during his first day back in the White House in January

Ultraviolette revs up electric vehicle play with 2 launches in Paris

F77 MACH 2 and SuperStreet mark Ultraviolette's EU entry; India-based electric motorcycle maker eyes Germany, France, Italy and more in phase one

IT companies, BPOs set target of 100% electric vehicle cab fleet by 2030

The target is rather ambitious. It means converting 95 per cent of the existing fleet of over 900,000 cabs, which transports corporate employees from home to office and back

Rare earth magnet crisis may be too good to waste for India's EV ambitions

China's near monopoly on rare earths has rattled Indian automakers, triggering a diplomatic push and renewed urgency for local processing capacity

Rare earth materials on the table as India, China agree to discuss trade

India and China agree to hold functional dialogues on trade, rare earth supply, direct flights and visa facilitation during Vice Foreign Minister Sun's visit to Delhi

Oil's lost decade is about to be repeated amid rising clean energy bets

Even looking forward to 2026, crude output is likely to remain below the production peak the world hit in 2018

India may ease EV localisation rules amid China rare earth export curbs

Many have yet to qualify for PLI disbursements and now face the risk of losing business to Chinese suppliers, three of the people said

Inventories of rare earth magnets may run dry by mid-July, says Icra

ICRA warns that rare-earth magnet inventories for EV motors may run dry by mid-July as China tightens export rules, leaving Indian auto makers facing serious supply disruption

No disruption in operations due to rare earth supply crisis: Maruti

Automaker says situation is 'uncertain and evolving' amid report that it has made e-Vitara production cuts

Automakers gear up to roll out EVs without rare earth magnets by FY27

While companies remain tight-lipped about the development, most acknowledge that such a transition is essential to align with the rapid growth of the EV sector

Rare earth, tariffs and geopolitics: Centre walks tightrope on trade deal

Supply-chain disruptions related to rare earth magnets from China are another cause of geopolitical anxiety for the government at this point