Global Auto Market to Grow Modestly as China Leads EV Adoption
The global automotive market is projected to grow modestly this year, with a 1.6 percent increase to 84.12 million units signaling a tempered post-pandemic recovery, as global carmakers are looking to adopt strategies from Chinese carmakers to spur mass adoption…
BYD’s First Chartered Vessel Sets Sail with 5,000 EVs for Europe
BYD’s first chartered vehicle vessel has set sail from China’s southern city of Shenzhen, carrying more than 5,000 electric vehicles to Europe, state media Xinhua reported on Tuesday. Chinese automakers including BYD, Chery Automobile and SAIC Motor have been placing…
Uber Partners with Tesla in Campaigning for EV Use
Uber has reportedly announced it aims to push forward with its emission-free mission by working with Tesla to promote the use of electric vehicles (EVs) in the United States, Reuters reports. According to Reuters, Uber’s senior vice president of mobility…
International Battery Company Powers up with $35M Funding to Bridge EV Gap in India
International Battery Company, a startup developing lithium-ion battery cells for electric vehicles, has raised $35 million as it plans to bridge the demand-supply gap in the growing EV market in India. Led by RTP Global, the pre-Series A round saw…
Proud to Announce: VerdeMobility Chargers are ARAI-certified
VerdeMobility, a renowned “Make-in-India” manufacturer of EV chargers, is excited to announce that their full range chargers has successfully passed stringent testing of ARAI & received certification from the Automotive Research Association of India (ARAI). This certification confirms that their…
CATL Moves to Improve its Battery Tech in Chinese EVs
Contemporary Amperex Technology Co. Limited (CATL) aims to improve battery technology in Chinese vehicles and increase cell production in China. Recently, the Chinese battery supplier announced plans for its first plant in Beijing to supply Li Auto and Xiaomi’s electric…
River Opens First Showroom in Bengaluru
Electric two-wheeler startup River inaugurated its first dealership in Bengaluru’s JP Nagar. The showroom has the Indie electric scooter on display, along with its range of accessories and company merchandise. It also has an adjoining service centre. The Bengaluru-based company…
Arenq Joins with DE Power to Distribute EV Chargers and Swapping Stations in India
Arenq, a manufacturer of energy storage batteries, has partnered with DE Power, an Asian company specializing in EV charging solutions, to distribute DE Power’s EV chargers and swapping stations across India. The partnership agreement was signed by V G Anil,…
Chinese Auto Exports up 64% with Strong Push by EVs
China’s auto exports surged 63.7 per cent in 2023, while domestic sales, boosted by year-end incentives, rose 4.2 per cent, an industry association has said. The surge in exports, to 4.1 million according to the China Association of Automobile Manufacturers,…
Rolls-Royce Spectre EV to Debut in India on Jan 19, 2024
Rolls-Royce is set to make a groundbreaking entry into the Indian electric vehicle market with the official launch of its first electric vehicle, the Spectre, scheduled for January 19, 2024. This move follows the delivery of the first Spectre unit…
