US To Install Over Half Million Charging Stations To Push Electric Vehicles
The Biden administration plans to build more than half a million EV charging stations as part of its move to push electric vehicles on the road in a big way, the White House said. National Climate Advisor Gina McCarthy alongside…
RIL Acquires Majority Stake In US-Based SkyTran For $26.76 Million
Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), announced on Sunday that it has acquired majority stake in its investee company skyTran Inc for a consideration of $26.76 million. With this transaction, RSBVL has…
RIL To Venture Into EV Battery Space Ahead Of A Boom In Electric Vehicles
The possibility of a stake sale to Saudi Arabia’s Aramco is only one part of the story behind Reliance Industries hiving off its oil-to-chemicals business. This is also part of a strategic shift by Ambani to renewable energy. “RIL will…
Honda, KTM, Piaggio, And Yamaha To Form Consortium For Swappable Batteries
With the growing environmental concerns around the world fast pushing the need to switch to electric mobility, automakers are seen coming together to collaborate and accelerate this transition. In the latest development, leading global two-wheeler manufacturers including Japan’s Honda Motor…
Delhi Govt Suspends Subsidy On Tata Nexon EV
The Delhi government has delisted the electric version of the Tata Nexon car from its subsidy scheme for electric vehicles following complaints that the model failed to meet the specified range on a single charge, officials said. Delhi Transport minister…
