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Month: January 2021

Ola, Siemens To Build ‘India’s Most Advanced EV Manufacturing Hub’ In Tamil Nadu For ₹2,400 Cr

Ola announced that it has joined hands with Siemens to build India’s most advanced electric vehicle manufacturing facility in Tamil Nadu. Last month, the popular ride-hailing platform signed a 2,400-crore-deal with the Tamil Nadu government to set up its first…

Vertical Integration, Digitization Needed For EV Battery Supply Train Traceability

The electric vehicle battery business needs vertical integration and digitization to improve supply chain transparency and for the industry to have the full backing of the environmental, social and governance-investor community, according to market participants, speaking in an interview. As…

Audi To Make Electric Cars With China’s Oldest Carmaker FAW

FAW is China’s third largest carmaker, and counts Hongqi – or Red Flag – limousines for China’s communist party leaders among its products. It has been trying to gain ground in the world’s largest electric car market against domestic competitors…

Microsoft (MSFT) Invests In Self-Driving Electric Car Venture

Microsoft Corporation (MSFT) has “entered a long-term strategic relationship” with General Motors Company (GM) and Cruise LLC, a company developing self-driving electric vehicles that is majority-owned by GM. Cruise CEO Dan Ammann stated: “Microsoft, as the gold standard in the…

EVs Get First Battery That Can Charge In 5 Minutes

Israeli company StoreDot has manufactured the first battery for electric vehicles that can be charged in just five minutes, a step toward making refueling as fast as cars at a gasoline station. The lithium ion samples were produced by StoreDot’s…

Indian Oil And Israel’s Phinergy Test Aluminium-Air Battery On Mahindra Treo

Even as fossil fuel prices touch new highs in India – petrol at Rs 92.32 a litre in Mumbai – purveyors of eco-friendly motoring in the form of electric vehicles are putting their shoulder to the wheel of green mobility….

India, Australia Will Gain From Expanded Trade Of Lithium Resources: High Commissioner Barry O’Farrell

Australia and India both gain from the promise of expanding trade in lithium resources, said the Australian High Commissioner, Barry O’Farrell. While speaking at a session of the Indo-Australian Chamber of Commerce on ‘Lithium: Powering a New Australia-India Partnership’, he…

Chinese Driverless Car Start-Up WeRide Raises $310 Million In Funding As Competition Heats Up

Chinese driverless car start-up WeRide has raised $310 million in a new round of funding as it pushes to commercialize its technology. Yutong Group, a Chinese company that manufactures commercial vehicles including electric buses, lead the funding round. A number…

Alibaba Launches Electric Car In Tie-Up With SAIC

Chinese e-commerce group Alibaba Group Holding has stepped up its involvement in China’s electric vehicle sector, launching a sedan with wireless charging under a new brand formed together with SAIC Motor, the country’s largest car company. In another sign of…

Transport Department Tenders For Operation Of 575 Electric Buses In Delhi

Transport Department of Delhi has issued three request for qualification and proposals (RFQP) for the operation of 575 electric buses (E-buses) in the capital. Three tenders have been issued by the Government of National Capital Territory of Delhi (GNCTD) for…