Shares of China’s Xiaomi Jump on News of its First EV Launch
Shares of Xiaomi jumped 12% on Tuesday after the company said it would start deliveries of its first electric vehicle (EV) this month. The tech giant, which is China’s fifth largest maker of smartphones, is venturing into the world’s top…
India’s Electric Mobility Promotion Scheme 2024 Sees a Four-month, ₹500 Crore Boost for EVs
The Indian government has launched a new initiative named the Electric Mobility Promotion Scheme 2024, as revealed by Mahendra Nath Pandey, the Minister of Heavy Industries in India, in an exclusive interview with CNBC-TV18. This update comes as the electric…
Robust Charging Infrastructure Needed To Achieve EV 30@30 Target
In recent years, Electric Vehicles (EVs) have proven to be a key solution to address pollution and carbon footprint issues in the country with its burgeoning population and rapid urbanisation. However, a total of 21.7 lakh electric vehicle have been…
Rivian Unveils New R2 Electric SUV
Rivian has unveiled its new midsize global electric SUV as it looks to expand its portfolio beyond its flagship R1S and R1T. Badged the R2, the newest SUV looks the part of a shrunken R1S, replete with upright proportions, lightbars…
Biliti Electric Breaks Ground For E3W And Battery Pack Plant In Hyderabad
Biliti Electric, a California-based electric three-wheeler start-up held a groundbreaking ceremony for its manufacturing facility in Velimela, Hyderabad. This facility will be spread around 13 acres and will manufacture electric three-wheelers and lithium-ion battery packs, catering to the growing demand…
EV Motor And Controller Startup Attron Automotive gets Rs 4.75 Crore in Seed Funding
Venture Catalysts, India’s first integrated incubator and largest early-stage investment firm has announced its strategic investment in Attron Automotive, a precision-engineered motor and controller solutions start-up based in Pune. The company has raised Rs 4.75 crore in in Attron’s Seed…
Karnataka Scraps Electric Bike Taxi Scheme
Scheme 2021, noting that private two-wheelers (white-board registration) were being used as electric bike taxis. It also cited issues related to women’s safety, law and order, and the impact on government bus operations for scrapping the scheme. The Transport Department…
Sooorya EV Eyes Indian Ride-Sharing Market, Set To Launch 8-Seater In 2025
A Singapore-based electric vehicle start-up, Sooorya EV, has joined the race to tap on one of the biggest markets in the world with other foreign EV companies. However, unlike other companies, Sooorya EV aims to focus on the shared mobility…
Single-Motor Volvo XC40 Recharge EV More Affordable Now
Volvo has unveiled a new variant of the XC40 Recharge, significantly reducing the cost of its electric vehicle (EV) with a starting price of Rs 54.95 lakh, excluding showroom fees, in India. This means the new single motor version brings…
VAUXHALL’S ELECTRIC RANGE CONTINUES TO TOP THE RANKINGS IN LATEST SMMT SALES FIGURES
Vauxhall’s electric range continued its strong UK sales performance in February, topping the charts according to the latest new car and van registration figures published today by the Society of Motor Manufacturers and Traders (SMMT). The Corsa Electric was the…
