Chinese-Thai Battery Plant Opens in Rayong, boosting Thailand’s EV mission
The new plant, located at Siam Eastern Industrial Park II in Rayong, is a significant step in the country’s ambition to become a global hub for electric vehicle production, said the president of Thailand’s oil and gas giant. NV Gotion…
Bumps On IPO Road: Ola Electric’s Net Loss Surges
The Indian manufacturer of electric vehicles (EVs) Ola Electric, led by Bhavish Aggarwal, revealed a significant decline in its financial performance for FY23. The company’s net loss increased dramatically from Rs 784.1 crore in the previous fiscal year (FY22) to…
BPCL and Tata Passenger Electric Mobility Join to set up 7,000 Chargers Across India
Bharat Petroleum Corporation Limited (BPCL), a Fortune 500 and a fully integrated Maharatna energy company, and Tata Passenger Electric Mobility Ltd. (TPEM), known for pioneering India’s electric vehicle revolution, have signed an MOU to collaborate in establishing public charging stations…
Maruti Suzuki Announces Plans For Its First All-Electric SUV-eVX
One of the leading automobile manufacturers in India, Maruti Suzuki, is set to produce its inaugural all-electric vehicle, the eVX SUV. This announcement was made by a senior company official, marking a significant milestone as Suzuki Motor Corporation’s debut entry…
Tata Motors Opposes Tax Cut On EV Import Amid Tesla’s India Foray Plans
Tata Motors is reportedly urging Indian officials not to lower import taxes of 100% on electric vehicles (EVs) and to protect the domestic industry and investors, as the government evaluates Elon Musk-led US electric car maker Tesla’s plan to foray…
China EV Maker Nio to Spin off its Battery Production Unit
Chinese electric vehicle maker Nio plans to spin off its battery manufacturing unit, according to two people with knowledge of the matter, as part of the efforts by the company to turn profitable, reduce costs and improve efficiency. The nascent…
Hero MotoCorp, Ather Energy Partner to Accelerate EV Charging Network in India
Hero MotoCorp recently announced its partnership with Ather Energy for an interoperable EV fast-charging network in India. This partnership will facilitate EV users to seamlessly use both VIDA and Ather Grids across the country. The combined network will cover 100…
Kia India Introduces K-Charge Featuring Over 1000 Charging Stations of 5 Operator
Kia India, one of the country’s leading premium carmakers, unveiled K-Charge — an innovative initiative in the ‘MyKia’ app that allows users to discover over 1000 EV charging stations nationwide. In one of the industry-first moves, Kia is extending access…
Chinese EV Battery Giant CATL will Set up Research and Development Centre in Hong Kong
The world’s biggest maker of batteries for electric vehicles (EVs), Contemporary Amperex Technology (CATL), will set up a research and development centre in Hong Kong, the Post has learned. The establishment of the centre would mark another win for a…
ZEVO Unveil India’s First Electric Refrigerated Vehicle in Partnership With IIT Delhi
ZEVO, a leading tech-enabled EV mobility platform, is excited to announce its collaboration with Machphy Solutions, an innovative tech company from IIT Delhi. This partnership is set to deploy the brand’s innovation across 10 cities in its inaugural year and…
