Tencent Backed Electric Car Startup-NIO Says It Might Not Survive Covid-19
Cash-strapped Chinese electric vehicle maker NIO said it had substantial doubt about its ability to remain operational in the next 12 months while awaiting new funding to shake off difficulties heightened by the novel coronavirus pandemic. “Based on the management’s assessment,…
Electric Vehicles Are Transforming The Automobile Industry And The Way People Perceive Public And Private Transport
The total worth of the global electric motorcycle and scooter market is expected to exceed US$ 14.29 Bn by the end of 2027. Besides, it is estimated that the global electric motorcycle and scooter market would expand at a formidable CAGR of 7.10%…
Battery Researchers Turn To Artificial Intelligence For Fast EV Charging Solutions
Today’s EV fast-charging technology remains slow by gas-station standards. Faster testing processes for new charging techniques would help. The battery sector is turning to artificial intelligence for clues on how to improve recharging rates without increasing the degradation of lithium-ion…
EV Sector Could Be Impacted By Falling Crude Oil Prices
Cheap oil could drive automakers to distraction. With crude futures near $26 a barrel, drivers might lose enthusiasm for electric vehicles, especially if governments put support on hold and let pump prices tank. But the push away from hydrocarbons is…
Proposed Ordinance To Advance Chicago In Preparing For EV Boom
A Chicago City Council committee approves an ordinance requiring certain new commercial and residential buildings to have at least 20% of parking spaces ready for EV equipment. Approved by the Committee on Zoning, Landmarks and Building Standards, the ordinance amends the city…
Hero Electric Announces New Dealerships, Further Strengthening Their Presence In Bengaluru
India’s Biggest electric vehicle brand, Hero Electric announced the opening of three new dealerships in the Bengaluru Area to further strengthen its presence in the city. The three new dealers – Jaideep Motors, Pulse Electrochem and VRS Motors – are…
India Heading Towards 100% Electrification Of Vehicles
According to a report by the International Council On Clean Transportation (ICCT), nearly 50 percent of the world’s electric vehicle sales are concentrated in 25 global cities touted as the EV capitals of the world. Startups in India are, however, spearheading a…
India’s Fastest Charging E-Scooter- 450X All Set To Electrify Pune & Seven Other Cities
Sachin Bansal & HeroCorp backed Ather Energy is all set to unleash their next-gen electric scooters, 450X in Pune, Delhi NCR, Mumbai, Ahmedabad, Kochi, Coimbatore, Kolkata, and Hyderabad, after a successful launch in Bengaluru and Chennai. Ravneet Phokela, Chief Business…
UK May Soon Legalise Electric Scooters On Roads
Electric scooters could soon be made legal on roads in the UK and start replacing petrol-fuelled mopeds as part of a £90m plan to revolutionise how the country moves and help meet its net-zero emissions target. Alok Sharma, secretary of state for Business, Energy and Industrial Strategy, who…
Ideanomics MEG Announces Order Of Approximately $575 Million USD From Beijing Silk Road Rainbow Car Rental
Ideanomics has announced a new vehicle order through its MEG subsidiary from rental and leasing services company Beijing Silk Road Rainbow Car Rental Group Co., Ltd., the leading bus operator in Northern China for several major metro markets, including Beijing. The order is…
