Rubio Says No Tax Credits For Electric Vehicles With Chinese Parts
For at least the next six years, electric vehicles made with battery components manufactured or assembled in China would be eligible for a $7,500 tax credit under the Democrats’ $749 billion climate and tax bill. To prevent U.S. taxpayer dollars…
China’s BYD Expands EV Deliveries To Germany And Sweden
One of China’s largest auto manufacturers, BYD (Build Your Dreams), recently announced plans to continue its rapid global expansion of electric vehicle deliveries. BYD Auto is considered by many to be one of Tesla’s biggest rivals, and the company isn’t…
TVS Motor Company Sales Grows By 13 Percent In July 2022
TVS Motor Company registered a growth of 13 percent in July 2022 with sales of 314,639 units as against 278,855 units in the month of July 2021. Two-Wheeler Total two-wheelers registered a growth of 14 percent in July 2022 with…
Centre Vigilant About EV Safety Standards; 3 Manufacturers Recall Electric Vehicles
An expert committee was constituted with independent experts from DRDO, Indian Institute of Science (IISC) Bengaluru and Naval Science & Technological Laboratory (NSTL) Visakhapatnam to tackle the safety related recent issues of electric vehicles. As per information received from Ministry…
Electric Car Subscription Service Onto Raises $60M USD To Launch European Expansion
All-inclusive electric car subscription service Onto, has raised $60M USD in equity in a Series C funding round led by Legal & General. The round will enable the business to consolidate leadership in the UK and expand into Europe, starting…
Bengaluru Marriott Hotel Whitefield Has Unveiled Its First EV Charging Station
Bengaluru Marriott Hotel Whitefield, a unit of Chalet Hotels Limited has been committed to sustainable initiatives since its inception. Guided by Marriott’s 2025 sustainability and social impact goals and Chalet Hotels Limited’s RE100, EP100, and EV100 initiatives linked to renewable…
Meet the V.MO – Volkswagen Group China Unveils State-Of-The-Art Passenger Drone Prototype
Volkswagen Group China today unveiled its first electric Vertical Take-Off and Landing (eVTOL) passenger drone prototype, as part of its strategy to explore and break new ground in fully electric and sustainable individual mobility concepts. In 2020, Volkswagen Group China…
BP Opens its First Electric Truck Charging Facilities To Support The Decarbonization Of Transport
bp has opened its first ultra-fast-charging facilities aimed at medium and heavy-duty electric trucks to support the decarbonisation of the sector – where, according to the IEAi, tailpipe CO2 emissions have increased on average 2.2% annually since 2000. Operated by…
Electric Two-Wheeler Sales To Increase By 78 Percent Before 2030: Charging Infrastructure To Play Major Role
Electric two-wheeler sales are expected to grow by 78 percent before 2030. A recent study by Redseer claims that the Indian electric two-wheeler segment will witness unforeseen growth if everything goes well and the required infrastructure falls into place. The…
Silk-FAW Confirms Plan To Build Electric Sports Cars In Italy
Silk-FAW, a start-up of U.S. automotive engineering and design firm Silk EV and Chinese automaker FAW (000800.SZ), said on Monday it would press ahead with a plan, worth over one billion euros ($1.02 billion), to build electrified cars in Italy….
