Electric Vehicle
Panasonic to produce new EV batteries for Tesla
Panasonic is planning to produce new lithium-ion batteries as early as 2023 for Tesla that could increase the range of electric vehicles by up...
Electric Vehicle
Top firms submit bids under India’s $2.4 bn EV battery scheme
Reliance Industries (RIL), Hyundai Motor and Mahindra & Mahindra, are among companies that have submitted bids under India’s $2.4 billion battery scheme, Reuters reported.
India last year finalised an...
Electric Vehicle
China announces 30% cut in new energy vehicle subsidy
China will cut its subsidies on new energy vehicles (NEV), such as electric cars, by 30 percent next year, the Finance Ministry said on...
Electric Vehicle
Bajaj Auto plans Rs 300 crore EV manufacturing unit at Akurdi
Two-and-three wheeler manufacturer Bajaj Auto is planning to make an investment of Rs 300 crore for a new unit at Akurdi for manufacturing EVs.
The...
Electric Vehicle
Ola Electric targets 4,000 EV charging points in 2022
Ola Electric is planning to install more than 4,000 charging points for its electric scooters across cities in next year.
In a tweet, Bhavish Aggarwal,...
Electric Vehicle
Rivian to set up $5 bn electric vehicle plant in Georgia
Rivian Automotive, an Amazon-backed electric vehicle startup, announced it is planning to set up a $5 billion plant in Georgia.
This will be Rivian Automotive’s...
Electric Vehicle
TVS Motor in pact with BMW’s Motorrad for EV business
India’s TVS Motor Company said it will develop electric vehicles (EV) with BMW’s motorcycle brand in India.
Start-ups like Ola Electric and Ather are ramping up...
Electric Vehicle
Carmakers to spend $515 bn on EV and battery business
Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis.
Less than three...