Electric Vehicle
Reliance, Ola Electric win incentives in India’s $2.4 bn battery scheme
Reliance Industries (RIL) and Softbank Group-backed Ola Electric will receive incentives under India’s $2.4 billion program to boost local battery cell production after winning a tender, Reuters...
Electric Vehicle
Ford Motor to boost spending on electric vehicles to $50 bn
Ford Motor said it will boost spending on electric vehicles to $50 billion, up from the previous $30 billion, through 2026 and run its...
Electric Vehicle
Mercedes-Benz to double EV sales in 2022
Mercedes-Benz aims to double its electric vehicle sales in 2022 and expand its electrified car footprint in relevant markets worldwide, Chief Executive Ola Kaellenius said...
Electric Vehicle
IndianOil installs 1,000 EV charging stations
IndianOil has installed more than 1,000 electric vehicle charging stations (EVCS) across the country.
“With the successful deployment of over 1,000 EV charging points, we...
Electric Vehicle
Okinawa starts new manufacturing unit with three lakh EV capacity
Electric two-wheeler manufacturer Okinawa Autotech has started operations at its second manufacturing unit in Bhiwadi, Rajasthan.
The EV vehicle maker aims to manufacture close to...
Electric Vehicle
Tesla leads global EV market vs Volkswagen in 2021: Canalys
The number of electric vehicles (EVs) sold worldwide reached 6.5 million in 2021, Canalys estimates on the global electric vehicle market.
EVs include fully electric and...
Electric Vehicle
U.S. unveils $5 bn plan to fund EV charging network
The Joe Biden administration has unveiled its plan to award nearly $5 billion over five years to build electric vehicle (EV) charging stations.
Congress approved...
Electric Vehicle
Ford to make new investment of up to $20 billion in EV push
Ford Motor is planning additional investment of up to $20 billion in building its electric vehicles (EV), Bloomberg News reported.
Ford Motor’s investment of $10...