Stellantis Leapmotor Deal Wins Mixed Reviews As It Seeks EV Traction
Stellantis’s deal with Leapmotor of China was welcomed by some analysts as vital in its bid to survive, or even thrive, as the electric car revolution gains pace. Some though considered it a bit risky. Stellantis, with its huge collection…
Rail-Served EV Battery Plant Coming to North Carolina
A subsidiary of Mumbai, India-based Epsilon Carbon Private Limited, EAM is slated to invest $649.9 million in the plant, which will be built at the Mid-Atlantic Rail Industrial Park in Brunswick County. It is expected to create 500 jobs with…
Ola Electric Reacts to Pune Scooter Fire Incident
Ola Electric is once again in the news because of similar reasons. Another incident of an Ola electric catching fire took place, this time in Pimpri-Chinchwad area of Pune. Several videos of the incident have been posted on the social…
Honeywell Creates Li-ion Battery Safety Sensors and Suite of PPE for EV Workers
As the adoption of electric vehicles (EVs) continues to grow, Honeywell has created innovative solutions to address safety concerns across the spectrum of EV manufacturing and use. The company’s lithium-ion (li-ion) battery safety sensors help play a crucial role in…
Harman Plans to Supply Digital Clusters to Electric Two-wheeler OEMs in India
The company, which has been collaboratively working with passenger vehicle majors, including Tata Motors, Mahindra & Mahindra, and Maruti Suzuki India, in India and offers a host of cockpit and digital solutions, including infotainment, telematics, audio, and digital clusters, intends…
Ola Electric Raises ₹3,200cr for Expansion
Ola Electric has raised Rs 3,200 crore from Temasek-led investors and SBI, the e-scooter maker said on Thursday. The funding – a mix of equity and debt – will be used towards the expansion of Ola’sEV business and setting up…
Honda, GM Scrap ‘Affordable’ EV Tie-up
Japanese automaker Honda and US carmaking giant General Motors said Thursday they were scrapping a tie-up that was aimed at producing “affordable” electric vehicles from 2027. “After extensive studies and analysis, we have come to a mutual decision to discontinue…
Indian Company That Makes EV Battery Materials To Build Its First US Plant In North Carolina
An Indian company that produces a key ingredient for long-range batteries in electric vehicles said Thursday it would build its first U.S. plant in southeastern North Carolina, creating hundreds of jobs. Executives at Epsilon Advanced Materials Inc. and Gov. Roy…
E-Bike Market Projected to Reach $77.2 Billion by 2028
The global E-Bike market is projected to reach USD 77.2 billion by 2028 from USD 51.5 billion in 2023, at a CAGR of 8.4% from 2023 to 2028. The growth in the E-Bike industry is expected mainly because E-Bikes offer…
New Electric Scooter By Liger Mobility: Liger X+ Offers An Impressive 125 Km Range
As the demand for electric scooters continues to surge in the Indian two-wheeler market, Mumbai-based Liger Mobility is gearing up to introduce its EV scooter. The company is set to launch two variants, the Liger X and Liger X+, with…
