Ford Invests Another $180M In Powertrain Plant To Supply 70% Of European EVs
Ford Motor Company announced plans to invest an additional $180 million in its Halewood EV powertrain facility in northern England. As the American automaker looks to go all-electric overseas by 2030, the fresh fund will help bolster the plants output…
Filing Trends Reveal How India Is Keeping Pace With The EV Revolution
The electric mobility market in developing countries such as India is rapidly catching up with global trends, despite continuing affordability challenges and fewer options in terms of models. However, this surge in electric vehicle (EV) adoption depends directly on charging…
Captured 50% Share Across EV And ICE 2Ws In Premium Scooter Segment, Says Ola Electric
Ola Electric, India’s largest electric vehicle manufacturer on Thursday said that it has gained revenue market share of 50% across EV and ICE 2Ws in the premium scooter segment (units costing Rs 1 lakh and above ex-showroom price). “Riding on…
Next Electric Car Sales Phase Could Expose European Neglect Of Affordable Vehicles
It’s was easy to sell electric cars to relatively wealthy early adopters in Western Europe who couldn’t wait to be seen in their new, fashionable wheels and were happy to overlook some of the disadvantages. But if the mass market…
Okinawa OKHI 100 – Electric Motorcycle Estimated Price, Specs, Launch & Highlights
Established in 2015, Okinawa Autotech Pvt Ltd is currently India’s second-largest electric two-wheeler manufacturer in terms of sales. Which makes Okinawa one of the fastest-growing electric two-wheeler company in India. And this has been possible because of their wide range…
The Next 10 Years To See The India Electric Vehicles Market Growing Exorbitantly At A CAGR Of 77%
In a new report published by Persistence Market Research titled “Electric Vehicle Market: India Industry Analysis (2012-2016) and Forecast (2017-2025),” it has been observed that the India electric vehicles market is expected to expand at a CAGR of 77% in…
Europe Won’t Allow Mercedes’ EV Performance Subscription Fee, For Now
Mercedes raised some worried eyebrows with its recent announcement to offer additional power for its EVs via subscription. For electric EQE and EQS models, Mercedes will bump their horsepower if customers pay an additional $1,200 per year. However, that’s going…
How EV Startups Can Help India Achieve Electric Mobility 2030 Target
The government has stated that it intends to grow electric vehicle (EV) sales in India to capture the markets of 30% of private cars, 70% of commercial vehicles and 80% of two and three-wheelers by 2030. The target may appear…
Citroen C3 Electric Car Will Cost Rs 10L Approx In India; January 2023 Launch
The French automaker Citroen, which is owned by Stellantis, is placing a significant wager on the Indian subcontinent and has recently demonstrated a great deal of interest in gaining a larger market share. The C3 hatchback, the company’s entry-level model,…
Western, Central UP To Be Developed As Hub For EVs, Ancillary Industries
With a view to make Uttar Pradesh a USD 1 trillion economy, Chief Minister Yogi Adityanath has decided to transform western and central regions of the state into a hub for auto and electric vehicle industries, an official release said….