China’s CMOC Seeks Opportunities To Beef Up Battery Metals Business
Fresh from closing a $518 million acquisition, metals firm China Molybdenum Co (CMOC) remains open to deals that would boost business in the booming electric vehicle (EV) battery sector, the company’s chief executive said on Friday. Cobalt, copper, nickel and…
Anand Mahindra – Investments In Manufacturing, R&D Can Make India A Global Electric Vehicle Hub
The time is right to shift to electric vehicles in India, said Anand Mahindra, chairman, Mahindra & Mahindra Ltd (M&M), in his address to shareholders at M&M’s 73rd annual general meeting. He also noted that there is a tectonic shift…
Markets and Markets Estimates The India Electric Two-Wheeler Market To Reach 3 Million-Unit Sales By 2027
An electrical two-wheeler is a form of transport with a new mobility approach, especially in countries with large populations which concerned about the impact of GHG emissions on the environment. One of the most important factors driving the electric scooter…
Mahindra Warns Of Job Losses In Auto Sector, Seeks Govt Help
Indian automaker Mahindra and Mahindra Ltd (M&M) said on Wednesday it saw a “huge danger” of job losses in the ailing domestic auto sector, as it sought government intervention, including tax reductions to revive demand. A lending crisis among the country’s shadow banks, which fund…
VW To Test Robotic Chargers For Self-Driving Electric Cars
Electrify America, a subsidiary of Volkswagen Group of America, has announced a pilot project to test the viability of robotic fast-charging systems for self-driving electric vehicles (EVs), CNBC reported on Monday (Aug. 5). VW is partnering with Bay Area startup Stable Auto, a…
Suzuki Posts 46% Drop In First-Quarter Profit On Slowing India Demand
Suzuki Motor Corp on Monday reported a 46.2% fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, and falling demand in India, its biggest market. Japan’s fourth-largest automaker posted an operating profit…
Volvo Is Using Blockchain to Source Conflict-Free Cobalt For Its Electric Cars
Automaker Volvo Cars, owned by Chinese automotive group Geely, has produced electric cars with cobalt mapped on a blockchain, Reuters reports on Aug. 2. Blockchain used to combat child labor Per the report, Volvo also joined a project to monitor cobalt from…
India- USD 21.3 Bn Electric Scooters And Motorcycles Market Is Set To Register 13% CAGR, Driven By Advancement In Battery Technology And Emergence Of New Distribution Channel, Says Bekryl
According to recently released industry report by Bekryl, Global Electric Scooters and Motorcycles Market size is expected to register 3.4X increase in its revenue by 2028. The industry will be driven by advancement in battery technology and value added features….
An Electric Vehicle Charging Station Is Now Open At The Walmart Store Off Possum Run Road In Mansfield
The charging stations are open 24 hours a day and are designed to allow customers to charge their electric vehicles while shopping, the company announced in a news release. Charging speeds range from 150 to 350 kilowatt hours. “The Electrify America charging…
Volkswagen Group Company Acquires Minority Stake In Charging Station Software Company Elli
The partnership has been formed with the intention of expanding the charging network in Europe in anticipation of the growing market. Has·to·be already provides software for some of the Volkswagen Group’s stations. “Simple and convenient charging is essential for the…
