Electric Vehicle

Electric Vehicles set to reach 85 mn by 2025 despite hurdles

A new forecast by Gartner projects a significant rise in the number of electric vehicles (EVs) on the road by the end of 2025,...

Ola faces multiple troubles amid regulatory scrutiny and customer complaints

Ola Electric’s shares experienced a nearly 3 percent drop on Monday, marking the third consecutive session of losses, following scrutiny from the Automotive Research...

Ola Electric receives notice over growing consumer complaints

The Central Consumer Protection Authority (CCPA) has issued a show-cause notice to Ola Electric, the electric vehicle (EV) company led by Bhavish Aggarwal, amid...

Electric two-wheeler market sees significant growth in India

CarDekho Group’s New Auto segment has released a report highlighting the remarkable growth in India’s electric two-wheeler (E2W) market. According to the report, E2W retail...

U.S. offers EVgo $1.05 bn loan guarantee to expand EV charging infrastructure

The United States on Thursday offered EVgo a conditional loan guarantee of up to $1.05 billion for bolstering its electric vehicle (EV) infrastructure. The loan,...

Toyota hikes investment in Joby Aviation by $500 mn for electric air taxi

Toyota Motor has announced an additional $500 million investment in Joby Aviation, a company developing electric air taxis for commercial passenger service. This new...

Li-ion battery market to exceed $400 bn amid falling costs and rising demand

The size of the lithium-ion battery market will become more than $400 billion by 2035, according to a recent report from IDTechEx. Alex Holland, Research...

Ford offers free home chargers and installation to boost EV sales

Ford is offering free home chargers and installation to new buyers and lessees of its electric vehicles (EVs) in a bid to overcome a...