Tesla’s Car Registrations In China Fell 35% M-o-M in February
U.S. electric vehicle maker Tesla Inc’s China car registrations fell 35% in February, month on month, data from auto consultancy LMC Automotive showed. Overall auto sales in China plunged 79.1% in February, marking their biggest ever monthly decline, as a…
UK To Co-Chair India-led Global Climate Initiative
The UK was confirmed as the first co-chair of the Governing Council on the India-led global Coalition for Disaster Resilient Infrastructure. The Coalition was established by Indian Prime Minister Narendra Modi and is a voluntary international grouping, linking governments, UN…
COVID-19 To Hit Hard The Auto & EV Industry
According to S&P Global, the coronavirus outbreak, which is wreaking havoc all over the globe and pretty much in any segment of the economy you can think of, has pushed the world’s economy into a global recession. Initial figures suggest that…
Arcimoto Temporarily Suspends Electric Vehicle Production In Effort To Boost Containment Of Coronavirus
Arcimoto Inc announced today that it will temporarily suspend all production of the Fun Utility Vehicle through April 17, 2020, at its U.S. factory located in Eugene, Oregon in response to the rapidly evolving coronavirus pandemic. “We face truly unprecedented times, here…
Bajaj Auto Board Re-Appoints Rajiv Bajaj as MD and CEO
Rajiv Bajaj will once again be managing director and CEO of Bajaj Auto for the next five years, the two-wheeler maker said in a regulatory filing. Bajaj Auto board approved the re-appointment on Tuesday for a period of five years with effect…
Mercedes-Benz To Launch 10 EVs In India In The Next Two Years- CEO
Mercedes-Benz plans to launch more than 10 products in the current calendar year in India with a strong push towards SUVs substantially renewing its portfolio, a senior company official said on Tuesday. They would cater to all segments – from…
Tencent Backed Electric Car Startup-NIO Says It Might Not Survive Covid-19
Cash-strapped Chinese electric vehicle maker NIO said it had substantial doubt about its ability to remain operational in the next 12 months while awaiting new funding to shake off difficulties heightened by the novel coronavirus pandemic. “Based on the management’s assessment,…
Electric Vehicles Are Transforming The Automobile Industry And The Way People Perceive Public And Private Transport
The total worth of the global electric motorcycle and scooter market is expected to exceed US$ 14.29 Bn by the end of 2027. Besides, it is estimated that the global electric motorcycle and scooter market would expand at a formidable CAGR of 7.10%…
Battery Researchers Turn To Artificial Intelligence For Fast EV Charging Solutions
Today’s EV fast-charging technology remains slow by gas-station standards. Faster testing processes for new charging techniques would help. The battery sector is turning to artificial intelligence for clues on how to improve recharging rates without increasing the degradation of lithium-ion…
EV Sector Could Be Impacted By Falling Crude Oil Prices
Cheap oil could drive automakers to distraction. With crude futures near $26 a barrel, drivers might lose enthusiasm for electric vehicles, especially if governments put support on hold and let pump prices tank. But the push away from hydrocarbons is…
