Chinese EV Company CH-AUTO To Go Public Via $1.7 bn SPAC Deal
Chinese electric vehicle company CH-AUTO Technology Corp. Ltd. said on Monday it had agreed to go public with a US blank-check firm in a deal valued at nearly $1.7 billion, including debt, according to Reuters. The deal with Mountain Crest…
Triton EV Acquired AMW Motors Manufacturing Facility of 3.7 Million Square Feet in Bhuj, Gujarat
Triton EV is moving ahead on top gear to enter Indian roads. Today, the company is proud to announce that it has acquired the AMW’s Manufacturing Plant in Bhuj, Gujarat. This 3.7 Million Sq foot manufacturing plant infrastructure will become…
Private Operator Gets Nod To Run Electric Buses On Bhopal-Indore Route
The Madhya Pradesh transport authority has granted permission to a private operator to run air-conditioned electric buses between Bhopal and Indore. The move is expected to cut carbon emissions by reducing the number of vehicles using conventional fuel on the…
GM Continues To Book Profit Amid Headwinds, Looks To Execute EV Strategy
General Motors Co. CEO Mary Barra says the company is in “execution mode” for its electric vehicles and again touted its plans while reporting a first-quarter profit Tuesday — the same day crosstown rival Ford Motor Co. celebrated the launch…
Tata Bags e-Bus Tender For 5450 Electric Buses
In the biggest largest electric bus tender in India, the country’s homegrown automotive manufacturer Tata Motors has emerged as the lowest bidder for the 5,450 electric bus tender valued at Rs. 5,000 crore. Convergence Energy Services Ltd. (CESL) issued the…
NIO Inc. Provides April 2022 Delivery Update
NIO Inc., a pioneer and a leading company in the premium smart electric vehicle market, today announced its April 2022 delivery results. NIO delivered 5,074 vehicles in April 2022. The deliveries consisted of 4,381 premium smart electric SUVs, including 1,251…
XPeng Announces Vehicle Delivery Results for April 2022
XPeng Inc., a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for April 2022. XPeng delivered 9,002 Smart EVs in April 2022, representing a 75% increase year-over-year. The April deliveries consisted of 3,714 P7…
Each Incident Of Electric Vehicles Catching Fire Will Be Probed; Indian EV Industry Bound To Grow Beyond Our Imagination: Transport Secretary
Amid multiple cases of electric two-wheelers catching fire, Road Transport and Highways Secretary Giridhar Aramane on Sunday said every incident will be probed and asserted that the Indian EV industry is bound to prosper and grow beyond ‘our imagination’. Aramane…
