Warren Buffett-Backed Chinese Electric Car Company Outsells Its Start-Up Rivals
Chinese automaker BYD is selling far more luxury electric sedans a month than the leading start-ups in the country, even though sales of electric passenger cars fell 11% last year. BYD, backed by American billionaire Warren Buffett, disclosed that sales…
Xpeng Partners With Livox For Lidar In 2021 Vehicles
The Guangzhou-based automaker will be the first to deploy lidar tech in a production electric vehicle. Xpeng Motors has selected Livox, a leading manufacturer of lidar equipment, to deploy its automotive-grade lidar technology in Xpeng’s 2021 production vehicles. We recently…
PURE EV Develops System To Repair Lithium-Ion Batteries Of Electric Vehicles
IIT Hyderabad-incubated start-up, PURE EV, has developed Artificial Intelligence-driven hardware that automates identification and repair of defects in Lithium-ion batteries of electric vehicles. This next-generation technology completely does away with the requirement for customers to visit service centres to address…
Global Software Simulation Provider Ansys Join Hands With Indian Startup Skill Lync To Provide EV Online Courses To Indian Students
In a bid to provide in-depth learning on Electric Vehicles to undergraduate engineering students in India, Chennai headquartered global startup Skill-Lync partners with global leader in design & simulation software provider Ansys to launch ‘basic courses in Electric Vehicle (EV)…
Singapore Issues Tender To Set Up 600 Electric Vehicle Charging Stations
Singapore’s Urban Redevelopment Authority (URA) and Land Transport Authority have issued a pilot tender to set up charging stations for electric vehicles (EV) at public car parks in the city-state. The last date for the submission of bids is March…
EESL Plans To Install 500 More EV Charging Stations In FY21
The joint venture of PSUs under the Ministry of Power, the Energy Efficiency Services Limited (EESL) has proclaimed to install at least 500 more electric vehicle (EV) charging stations in the country during fiscal 2020-21. Talking to a local press…
Nissan, Dealer Partners To Hire 1,500 Workers To Enhance Production
Japanese auto major Nissan said it along with its dealer partners will hire 1,500 people in India to enhance production and reinforce sales force on the back of robust response to its newly launched compact SUV Magnite. The company plans…
China’s GEM Seeks To Double Stake, Take Control Of Indonesia Nickel Project
Chinese electric vehicle battery firm GEM Co Ltd said on Monday it aims to double its stake in an Indonesian nickel project, becoming the majority investor to strengthen “strategic control” of the resources amid a nickel shortage. Under a framework…
Foxconn Seals Manufacturing Deal With Chinese EV Startup Byton
Apple Inc. supplier Foxconn Technology Group signed a strategic cooperation deal with embattled Chinese electric-vehicle startup Byton Ltd. in a transaction that could mark a large bet by the iPhone assembler on the car-making business. The companies, aided by the…
Telangana Government To Use EVs On Monthly-Hire, Calls For Fleet Operators To Empanel
The Telangana State Renewable Energy Development Corporation (TSREDCO) has invited bids for the empanelment of travel firms, agencies, and fleet operators to supply electric cars on a monthly hire basis (2,500 km/month) for official use across Telangana by state government…
