India, Australia Will Gain From Expanded Trade Of Lithium Resources: High Commissioner Barry O’Farrell
Australia and India both gain from the promise of expanding trade in lithium resources, said the Australian High Commissioner, Barry O’Farrell. While speaking at a session of the Indo-Australian Chamber of Commerce on ‘Lithium: Powering a New Australia-India Partnership’, he…
Chinese Driverless Car Start-Up WeRide Raises $310 Million In Funding As Competition Heats Up
Chinese driverless car start-up WeRide has raised $310 million in a new round of funding as it pushes to commercialize its technology. Yutong Group, a Chinese company that manufactures commercial vehicles including electric buses, lead the funding round. A number…
Alibaba Launches Electric Car In Tie-Up With SAIC
Chinese e-commerce group Alibaba Group Holding has stepped up its involvement in China’s electric vehicle sector, launching a sedan with wireless charging under a new brand formed together with SAIC Motor, the country’s largest car company. In another sign of…
Transport Department Tenders For Operation Of 575 Electric Buses In Delhi
Transport Department of Delhi has issued three request for qualification and proposals (RFQP) for the operation of 575 electric buses (E-buses) in the capital. Three tenders have been issued by the Government of National Capital Territory of Delhi (GNCTD) for…
French Utility EDF Sees Opportunity In Hydrogen Fuel, Battery Storage Space In India
French utility major EDF Energy is exploring business opportunities in the Indian market for electric vehicle (EV) charging infrastructure, hydrogen fuel and battery storage technologies, in line with its plans for the post-Covid-19 economy. Technologies such as hydrogen fuel and…
GM To Invest C$1 Billion In Canada Plant To Manufacture Electric Vans
General Motors Co and labor union Unifor said they have reached a tentative deal for the automaker to invest nearly C$1 billion ($785.42 million) in its CAMI Assembly Plant in Ingersoll, Ontario, to manufacture commercial electric vans. Under the tentative…
China’s EV Funding War
US electric carmaker Tesla and its smaller Chinese rivals NIO and Xpeng Motors have been on a US$12 billion capital-raising drive over the past year as their share prices have soared, competing fiercely to attract investors to help fund the…
Tesla May Kickstart India Ops With Sales And R&D To Follow
Tesla is looking to open its first sales outlet in India, possibly in Bengaluru, even as it continues talks with the Karnataka government on setting up a research and development (R&D) centre in the state, two people aware of the…
Geely And Foxconn Form Partnership To Build Cars For Other Automakers
Taiwan’s Foxconn and Chinese automaker Zhejiang Geely Holding Group said on Wednesday they will join hands to provide contract manufacturing for automakers. They will each hold 50% of a venture that will also provide consulting services on electric vehicle (EV)…
GM Working With ‘All The Best Startups’ On Next-Gen EV Battery Tech -Exec
General Motors Co, as part of a $27 billion initiative to match or surpass Tesla Inc in the electric vehicle sector, is working with “all the best startups” on next-generation EV battery technology while planning a big boost in production…
