Mahindra Logistics Plans To Deploy Electric Vehicles For Last-Mile Delivery
Mahindra Logistics, which is on an ambitious growth path with a target of achieving Rs 10,000-crore revenue by FY26 through inorganic and organic routes, is planning to deploy electric vehicles (EVs) for last-mile delivery shortly, a top company official has…
Apple Prepares To Launch Its Own Electric Vehicle
Consumer electronics giant, Apple, is preparing the launch of its own electric vehicle in 2024 with breakthrough self-developed battery technology. The new battery technology would incorporate so-called ‘mono cell’ design in order to free up space in the battery pack,…
ABB, AFC Energy To Develop High Power EV Charging Solution For Grid-Constrained Locations; Fuel Cells
ABB and AFC Energy are partnering to create the next generation of high power sustainable electric vehicle (EV) charging solutions for grid-constrained locations. Utilizing ABB’s energy storage solution and DC EV fast chargers along with AFC Energy’s zero-emission, high-efficiency hydrogen…
Toyota Launches C+Pod Ultra-Compact Battery Electric Vehicle In Japan
Toyota Motor Corporation announced a limited launch of the C+pod ultra-compact battery electric vehicle (BEV) to corporate users, local governments and other organizations that have been exploring new options to drive the popularization of BEVs. Toyota plans to further promote…
Hero Electric Targets 10-15% Growth In 20-21, Scouts For PE Investors
Hero Electric, country’s largest electric two-wheeler company, is planning to close the fiscal with 10-15 per cent growth despite the pandemic. The company is looking to increase its capacity by over 200 per cent and is also looking for investors….
BattRE, Europ Assistance Launch Roadside Assistance Service For EVs Across India
BattRE and Europ Assistance have announced the launch of nationwide road assistance for the entire range of BattRE electric vehicles. Europ Assistance, an insurance company, will make nationwide roadside assistance available to new owners of BattRE electric vehicles. This facility…
BYD’s EV Battery Recycling Goes Global With Itochu
Chinese electric vehicle maker BYD will transform old EV batteries into power storage for renewable energy and factories across the globe in a new partnership with a Chinese startup and Japanese trading house Itochu. The ship-container-sized power units will begin…
Battery Recycling Market Global Forecast To 2025
The battery recycling market is estimated to grow from USD 17.2 billion in 2020 to USD 23.2 billion by 2025, at a CAGR of 6.1% from 2020 to 2025. Reasons for growth of the battery recycling market include rising concerns…
GM Walks Away From Stake In Electric Vehicle Maker Nik Ola
General Motors will not be taking a stake in the electric vehicle company Nikola which announced that it would scuttle one of its marquee vehicles, an electric and hydrogen-powered pickup. Shares of Nikola plunged 26%. Nikola released updated terms between…
Joint Initiative With Industries To Promote Electric Vehicles In Delhi
The Delhi government is planning to create a joint awareness programme with the government departments and industries to promote electric vehicles (EVs) in the city. The first meeting of the ‘Delhi Electric Vehicle Forum’ was held on Friday with more…
