Hyundai Proposes Electric Vehicle Battery Leasing Plan To Lower Cost Of EVs
South Korean automotive giant Hyundai is to create an electric vehicle (EV) battery leasing business with the aim of reducing the initial cost of buying an EV as well as providing services that enable eco-friendly re-use of the batteries beyond…
UK Eyes Second Electric Vehicle Battery Factory
Building on the region’s efforts to stand at the forefront of new technologies, the Coventry City Council in the United Kingdom will reportedly enter a joint venture partnership with Coventry Airport with the aim of building the country’s second battery…
Eaton’s Vehicle Group Launches Electric Vehicle E-Drive Gearing Design, Development, And Manufacturing
Power management company Eaton today announced its Vehicle Group is developing gearing solutions for electrified vehicles (EVs). Leveraging its expertise in producing transmissions and contract manufactured gear-sets for passenger and commercial vehicles, the Vehicle Group aims to be a leader…
Vogo Raises $11.5 Mn Series C Funding To Bolster Electric Two-Wheeler Fleet
Bengaluru-based two-wheeler rental startup Vogo has raised $11.5 Mn in its Series C funding round from existing investors, including Lightrock, Kalaari, Matrix Partners and Stellaris Venture Partners. With its latest funding, Vogo will ramp up its electric two-wheeler fleet, streamline…
Government, Hyundai, LG Join Hands To Reuse Dead Batteries
Amid a heightening blame game over the cause of Kona Electric Vehicle fires, South Korean Prime Minister Chung Sye-kyun, Hyundai Motor Group Chairman Chung Euisun and LG Energy Solution President Kim Jong-hyun on Thursday gathered at the automaker’s research and…
India’s First-Ever Lithium Refinery Promises To Strengthen Country’s Electric Vehicle, Battery Push
India’s discovery of local lithium deposits has stirred considerable interest in the new year. For its lithium battery needs, India was relying on imports from China, Hong Kong, and Vietnam over the years. Last year, India’s state-owned Khanij Bidesh India…
India eRickshaw Market 2020-2025
The market for eRickshaws to reach close to a million units by FY25 owing to a revival of public transportation and tourism, demand from tier 1 & 2 cities, growing replacement demand, and an increase in penetration of vehicle financing….
Ford To Build New Electric Car On Volkswagen Framework
Ford is vowing to convert its entire passenger vehicle lineup in Europe to electric power by 2030 in just the latest sign of the seismic technological changes sweeping the auto industry. Ford will spend $1 billion to revamp its factory…
Tesla Will Manufacture Electric Vehicles In India
Tesla is planning to expand its electric vehicle (EV) manufacturing capabilities to India, according to a report. The company is preparing to set up a factory in the southern state of Karnataka, according a government document. The text made only…
EV-Battery Startup QuantumScape Soars On Technical Breakthrough
QuantumScape Corp., an electric-vehicle-battery startup, soared as much as 12% in late trading after saying it cleared a key hurdle in the development of its technology. The company, which is attempting to pioneer solid-state lithium-metal batteries for electric vehicles, said…
