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Govt. Plans To Invest INR 100 Billion ($1.4 Billion) To Incentivize Electric Vehicle Manufacturing In India

Owing to the fact that India includes some of the world’s most polluted cities, the government is focused toward ensuring reduced greenhouse gas emissions from the automotive sector. Thus, the government has planned to invest INR 100 billion ($1.4 billion)…

KSL Cleantech And China’s Huaihai To Launch 10 EVs In India

The electric mobility segment in India is still at a very nascent stage, allowing companies from all over the world to tap one of the biggest two-wheeler markets in the world. And KSL Cleantech Limited is the latest company to…

GST Council Meeting: Rates On Electric Vehicles, Chargers Slashed To 5%

n a welcome move for e-vehicles manufacturing industry in India, a decision was taken during the 36th GST Council meeting to reduce Goods and Services Tax (GST) rates on electrical vehicles (EV) from 12 per cent to 5 per cent…

Hyundai KONA Electric Car Caught Fire, Exploded, Claims Man; Company Reacts

Weeks after Hyundai’s much-awaited EV KONA electric car was launched in India, a news of alleged fire and explosion incident in the electric car is going viral on the internet and social media. Reportedly, the alleged fire and explosion in…

Toyota Bets Big On Chinese EV Market With BYD Partnership

Toyota is partnering with BYD, a Chinese electric automaker, to build electric vehicles (EV)—and EV batteries—for the Chinese market. In a joint statement, the companies said that they would develop sedans and sport utility vehicles to be sold in China…

Didi Chuxing And Oil Giant BP Team Up To Build Electric Vehicle Charging Infrastructure In China

Ride-sharing and transportation platform Didi Chuxing announced today that it has formed a joint venture with BP, the British gas, oil and energy supermajor. to build electric vehicle charging infrastructure in China. The charging stations will be available to Didi and…

Polestar 2 Electric Car Begins North American Tour Ahead Of Australia Release

Due to arrive in Australia next year, electric vehicle newcomer Polestar has unveiled the Polestar 2 in Seattle over the weekend, the company’s first fully electric vehicle, and which will now embark on a two-month tour of major cities across…

Kia Motors Begin The Trial Production At India Plant

South Korean automotive major Kia Motors on Tuesday commenced trial production at its India plant in Anantapur district of Andhra Pradesh with plans to commercially launch its first vehicle in the second half of 2019. The company has invested $1…

Magna & BAIC To Cooperate On EV Production

Magna and BAIC have officially signed a framework agreement with the Government of Zhenjiang (Chinese city) for the production of electric vehicles. The joint venture, led by BJEV, BAIC’s electric car subsidiary, is Magna’s first investment in a complete vehicle…

Magenta Power Ropes In HPCL As A Strategic Investor

Eyes 500 EV charging points in FY20 Solar power systems provider Magenta Power has roped in state-owned Hindustan Petroleum Corporation Ltd (HPCL) as a strategic investor as it bids to accelerate deployment of electric vehicle (EV) chargers across India, according to…