Volkswagen had said in 2021 that it wanted to build up to 240 gigawatt hours of battery capacity by 2030, of which 200 gigawatt hours would be built by its battery subsidiary PowerCo
Outlines comprehensive plan to transition India's trucking sector to zero-emission vehicles
We're more focused on our growth than profitability at this point, said Lam, a trained engineer and former Credit Suisse banker who orchestrated some of Xiaomi's biggest bets
Mexico's federal government, under pressure from the US, is keeping Chinese automakers at arm's length
Facing competition from automakers with lower costs, Ford Motor Co is shifting its electric vehicle strategy and now will focus on making two new electric pickup trucks and a new commercial van. The company says all will cost less, have longer range and be profitable within a year of reaching showrooms. Ford, which is losing millions on its current EVs, gave few details about the new products. But it said production of its next generation full-size electric pickup truck in Tennessee will be delayed 18 months, until 2027. The company also says it won't build fully electric three-row SUVs due to high battery costs, but instead will focus on making those vehicles as gas-electric hybrids. The other new pickup will be mid-sized, based on new underpinnings developed by a small team in California. It also will go on sale in 2027. Production of the unspecified van will start at an assembly plant west of Cleveland in 2026. The changes will force Ford to write down USD 400 million of its ...
Tata Motor's partnership aims to expand the availability of EV charging stations on high-traffic routes in India, especially in the commercial sector
Tata Motors on Wednesday said it has tied up with Delta Electronics India and Thunderplus Solutions to set up charging infrastructure for its range of electric commercial vehicles (CVs). As part of the MoU inked between the parties, 250 new fast-charging stations for electric commercial vehicles would be set up across the country. Strategically located in and around over 50 cities, including Delhi, Mumbai, Chennai, Bengaluru, Pune, and Kochi, among others, these new charging stations will significantly increase the existing network of 540 commercial vehicle charging points, Tata Motors said in a statement. Basis its understanding of the commercial EV movement, the commercial vehicle major will recommend optimal locations and nearest dealerships for setting up the fast-charging stations, the company said. While Delta Electronics will supply the necessary hardware, Thunderplus Solutions will install and operate them, it added. E-commerce companies, parcel and courier service provide
European Commission published draft findings of its high-profile investigation into alleged subsidies for imports of Chinese-made EVs, which included some revisions to proposed punitive tariffs
Fallon's exit comes at a time for Rivian, which is expanding its only facility in Normal, Illinois to produce the smaller and less expensive R2 SUV that many analysts see as critical to its success
Government sources credit the turnaround to the onboarding of new players and the addition of more models by existing companies, which has driven increased disbursement
Tesla had requested a recalculation of its rate to be based on the specific subsidies the company had received, according to the Commission
Ola is offering its mobikes at a price more attractive than its scooters by taking advantage of the lower bill of materials cost for mobikes, which have fewer panels than scooters
Aggarwal said that people should already know how he is going to price the products and expressed confusion over why people are surprised
Currently, 88% of Ikea's deliveries in India are made using electric vehicles
As part of its sustainability strategy, Swedish furniture giant Ikea has committed to entering all new markets, including the Delhi-NCR region, with an EV-first approach
Ola Electric share price target: Since its listing on August 9, Ola Electric stock has surged 92 per cent (till August 19) over its issue price of Rs 76
The Ministry of Road Transport and Highways (MoRTH) has proposed new stricter safety standards for electric powertrain construction equipment vehicles including dumpers and excavators from October 1, 2024. The ministry in a draft notification has proposed an amendment to the Central Motor Vehicles Rules, 1989 with an aim to push electric vehicles (EV) across various sectors. "On and after (1st October 2024), construction equipment vehicles fitted with electric power train shall meet requirements as specified in AIS-174, till the corresponding BIS specifications are notified under the Bureau of Indian Standard Act, 2016," the draft rule said. Electric and hybrid powertrain are being used in construction equipment vehicles. According to the notification, the objections or suggestions which may be received from any person in respect of the said draft rules before the expiry of the aforesaid period will be considered by the central government.
The e-motorcycle launch is set to intensify competition in the world's second-largest two-wheeler market
The draft notification, published on August 14, proposes an amendment to the Central Motor Vehicles Rules, 1989
Mahindra & Mahindra on Thursday came out strongly in support of electric mobility terming it a right step in the right direction for the country. The Mumbai-based auto major noted that supporting electric mobility is in the best interest of the nation. "The right direction for the country is EV focus and we believe that is what the government should support," Mahindra & Mahindra (M&M) Executive Director and CEO for auto and farm director Rajesh Jejurikar told reporters here. He was responding to a query regarding the company's stand on the Uttar Pradesh government announcing registration waivers for hybrid vehicles. The Uttar Pradesh government has come out with a full road tax waiver on the purchase of a hybrid car in the state. The move has been opposed by various automakers investing in electric mobility fearing other states could also follow the suit. "We are at a stage where we believe that the EV roadmap can be very strong with the right product and that's in the ...