PwC Analysis Shows German Electric Vehicles Gaining Momentum in China
According to an analysis by consulting firm PwC, German car manufacturers have made up ground on the world’s electric car markets. In China, their largest sales market, they sold 49% more e-cars last year than in the previous year, growing…
Ather Energy Selects Siemens Xcelerator Portfolio to Speed Development of Electric Mobility Solutions
Siemens Digital Industries Software announced today that Ather Energy, one of India’s foremost electric motorcycle brands, has expanded its adoption of the Siemens Xcelerator portfolio of industry software to help the company reduce its design and engineering cycle time, improve…
Servotech Power, BPCL to Set up 1,800 EV Charging Stations Pan India
Servotech Power Systems Ltd (SPSL) on Tuesday said it has secured an order worth Rs 120 crore from Bharat Petroleum Corporation Limited (BPCL) to install 1,800 fast EV charging stations across various locations in India. The project involves two charger…
China’s BYD and US EV Rival Tesla Gain Favour with Norway’s US$1.5 Trillion Wealth Fund
Norway’s US$1.5 trillion wealth fund boosted its holdings in Tesla and Chinese electric vehicle leader BYD in 2023 as the companies scaled up production of plug-in cars. Tesla moved up to the fund’s 11th biggest holding at the end of…
India’s Uber-rival BluSmart Pumps up EV Charging with $25M Investment
BluSmart, an Indian ride-hailing startup that competes with Uber and homegrown rival Ola with its all-electric fleet, is looking to boost its battery charging infrastructure as the South Asian nation currently has limited charging stations but aims to expand its…
ZERO21 Launches EV Exchange Program for Three-Wheeler
ZERO21 Renewable Energy Solutions has launched ‘Project Gagan’, an EV exchange program for the rapid adoption of three-wheelers. The scheme allows owners of fossil fuel auto-rickshaws to convert their cars to electric ones or swap them for new electric three-wheelers….
Anglo American to Partner with GEM on Electric Vehicle Battery Technologies
Anglo American announces the launch of a research and development project in collaboration with GEM, one of China’s largest battery and battery material recyclers, to explore new and more efficient technologies for the use of existing and alternative raw materials…
OLA TO DEPLOY 10,000 2-WHEELER EVS IN 2 MONTHS, SCALE UP SERVICE ACROSS INDIA BY DEC
Ride-hailing company Ola Mobility plans to deploy 10,000 electric two-wheelers across three cities in the next two months and gradually scale up its service across the country by the end of year. “In line with the company’s vision and growth…
Over 3.4 Million EVs on Indian Roads, Maharashtra Leads in 2Ws, PVs and buses, UP in 3Ws
India’s electric vehicle (EV) industry wrapped up CY2023 on a strong note with total retails surpassing 1.53 million units, an increase of 49% over CY2022’s 1.02 million units. The past two years have been particularly good for the sector as…
TOYOTA SLAMS ELECTRIC CARS, SAYS THEY’LL NEVER CATCH ON
Trickle Charge With the sales of electric cars starting to slow down towards the end of 2023, carmakers have been dialing back their once-optimistic projections. General Motors and Honda, for instance, scrapped plans to work on affordable EVs together back…
