India Weighs Five-year Tax Cuts on EV Imports to woo Tesla
India is considering tax cuts on the imports of completely-built units of electric vehicles, for a period of up to five years, as it tries to entice the likes of Tesla Inc. to sell and eventually make its cars in…
Valeo to Supply Electric Powertrain for Mahindra’s new BEVs
Valeo will localize and provide the electric motor, its inverter, the gearbox as well as the integrated 3-in-1 bi-directional combo power electronics that integrates the onboard charger, DC-DC converter and the Power Distribution Unit for some of Mahindra’s upcoming battery…
SAIC-GM EVs Will Gain Access To Tesla Superchargers In China
The SAIC-GM joint venture between SAIC and General Motors has announced an agreement with Tesla to secure access to the Tesla Supercharging network in China. It’s a first-of-its-kind deal between an automaker and Tesla related to the opening of the…
India Considers Slashing EV Tariffs to Lure Tesla
India is considering a request from Tesla to lower tariffs for imported electric vehicles, according to Indian government officials, as Elon Musk’s company explores setting up a plant in the country. Tesla has asked New Delhi for an initial tariff…
Maruti eVX Electric SUV Testing Commences in India
Maruti Suzuki is making significant strides in the electric vehicle (EV) segment, with the Maruti EVX Electric SUV currently undergoing testing in India. Expected to compete directly with the Hyundai Creta EV, this electric SUV is slated for a launch…
Tesla China Opens Superchargers for SAIC General Motors
Tesla China is opening select Superchargers in the country for electric vehicles manufactured by SAIC General Motors. This was the company’s first such collaboration in China with the local manufacturer. SAIC General Motors announced Friday that it is entering into…
Made-in-India Ultraviolette F77 Electric Bike to be Exported to Europe
Bengaluru-based start-up Ultraviolette recently showcased the Ultraviolette F77 at the 2023 EICMA. Along with that the company also announced the launch of its F77 electric bike in the European market. The Ultraviolette F77 will be manufactured in India and will…
Festive October Powers Strong Double-digit Growth for PV, Two- and Three-wheeler Wholesales
As per the monthly numbers released by apex industry body SIAM, for three vehicle categories (passenger vehicles, two- and three-wheelers), cumulative sales at 2.36 million units are a strong 20% year-on-year growth (October 2022: 19,68,938 units). Importantly, all three segments…
Startup Li Auto is beating Tesla China’s EV sales
Chinese startup Li Auto sold more cars than Tesla’s China business did in October, according to the China Passenger Car Association. The startup sold a record 40,422 cars in October, far more than Tesla did at 28,626, association data showed…
Ashok Leyland to Invest Rs 1.2K Crore in its EV arm
Leading commercial vehicle maker Ashok Leyland (AL) will be making an investment of Rs 1,200 crore in its electric vehicle (EV) arm Switch Mobility- through its holding company Optare PLC UK. The decision to infuse own funds come after the…
