JSW Group Sign a Rs 40,000 crore MoU for Integrated Electric Vehicle (EV) & EV Battery Manufacturing Project
The JSW Group, in collaboration with the Odisha government, has formally entered into a Memorandum of Understanding (MoU) to establish an extensive Integrated Electric Vehicle (EV) and EV Battery manufacturing project. This transformative initiative involves an investment of Rs 40,000…
IPO-bound Ola Electric Gets Certification for 2nd E-scooter Under Govt’s PLI Scheme
Bhavish Aggarwal-led Ola Electric has received certification for its S1 Pro (Gen-2) electric scooter under the government’s production-linked incentive (PLI) scheme for the automobile and auto component industry. Sources told IANS on Saturday that the IPO-bound company had applied for…
This $1b EV Nickel Plant Will be North America’s Largest
Canada Nickel Co. is looking to spend US $1 billion to build a nickel processing plant in Ontario, which would be North America’s largest once it is completed. The plant will have the capacity to produce more than 80,000 tons…
EV Two-wheeler Sales Breach FY23 Figures Despite Cut in FAME-II Subsidy
The Centre, on Friday, informed that the electric vehicle (EV) two-wheeler sales have increased in the current financial year 2023-2024 (FY24) at 734,760 units so far, despite reducing the subsidy to 15 per cent of the ex-factory price from the…
MG And BatX Energies Collab to Power India’s First off-grid Solar-EV Charging Station
MG Motor India has announced a cooperation with BatX Energies, a greenfield firm launched in 2020 to build India’s first off-grid solar-EV charging station using reused MG EV batteries. BatX Energies supported by Delhi Research Implementation and Innovation created a…
Saks Announces First-Ever Electric Vehicle Partnership With Lucid
Saks, the premier luxury ecommerce platform, and Lucid, the luxury electric vehicle company, have launched a multifaceted partnership across the Saks Fifth Avenue ecosystem. Through this unprecedented partnership, which marks Saks’ first-ever collaboration with an electric vehicle company, Saks will…
Lectrix Launches LXS 2.0 E2W With 2.3KW Battery At INR 79,999
Lectrix EV has captured the market’s attention with the launch of LXS 2.0, an electric two-wheeler (E2W) that boasts a 2.3KW battery and an impressive range of 98 kilometres. Breaking barriers in the industry, Lectrix EV introduces this product at…
Aponyx to Launch High-speed Electric Scooters, Bikes in India
The electric mobility revolution has given birth to many new auto OEMs in the country. Aponyx Electric Vehicles, one such EV brand, aspires to transform urban transportation by releasing high-speed electric two-wheelers. This innovative EV is built for efficiency, style,…
Ford’s Developing A Cheap EV Platform To Fend Off Tesla And Chinese EVs
A small team within Ford has spent the last two years developing a low-cost platform for smaller electric vehicles, CEO Jim Farley said on Tuesday. “We made a bet in silence two years ago,” Farley told investors during the company’s…
Ola Electric is Looking to Bid for Lithium Mining Rights
E-scooter maker Ola Electric is looking to bid for mining rights for lithium blocks, which are being auctioned by the Centre. Last year, the NDA government at the Centre launched the first part of its critical minerals auctions in a…
