Suzuki To Invest INR 10,445 crore For Local Manufacturing Of EVs, Batteries In Gujarat
Japanese automaker Suzuki Motor Corporation said it will invest around 150 billion yen (about Rs 10,445 crore) by 2026, for local manufacturing of Battery Electric Vehicles (BEV) and BEV batteries in Gujarat. The company has signed a Memorandum of Understanding…
Hero Eddy Electric Scooter Launched At Rs.72,000 In India; Gets Reverse Mode, E-Lock and More
Hero Electric has introduced an all-new electric two-wheeler in India called the Hero Eddy. The Eddy boasts features like Find My Bike, e-lock, large boot space, follow me headlamps, and reverse mode for a smoother, cleaner, and greener ride. The…
15% Electric Vehicles In 3 Years, HP Govt. Has Set a Target
In order to make a pollution free environment in the state, the Himachal Pradesh government has decided to replace fifteen percent old vehicles with electric vehicles as per the Electric vehicle policy announced in 2021. HP Transport Minister Bikram Singh…
Audi-FAW’s New Venture To Lift EV Production In China
The Chinese authorities have finally approved the US$3.3bn joint venture (JV) between the state-owned FAW Group and Europe’s Audi to manufacture electric vehicles (EVs) in China. The new venture, which will commence its production from 2024, will expand Audi’s existing…
MG Motor Announces New Venture To Build EV Charging Infrastructure
MG Motor India on Thursday announced a new venture, MG Charge, to build charging infrastructure for electric vehicles with an aim to install 1,000 chargers in residential areas across India in 1,000 days. As part of the initiative, the company…
Phishing Scams Targeting Indian Electric Vehicle Industry Is On The Rise
CloudSEK today released Unearthing the Million Dollar Scams Targeting the Indian Electric Vehicle Industry, highlighting a large-scale phishing campaign targeting Electric Vehicle (EV) consumers and businesses. It is notable that the scams increased considerably after the production-linked incentive (PLI) scheme,…
