White House Softens EV Mileage Rule in a Win for Futomakers
The Biden administration on Tuesday handed Detroit automakers a major win by easing proposed rules that would have forced them to scale back production of gas-guzzling vehicles or face billions of dollars in fines. The Department of Energy decision, first…
MG Comet EV Gets Two New Fast Charging Enabled Variants
MG has given the Comet a much-needed upgrade in the form of fast charging options. These are spread across the variant range and have been dubbed Excite FC and Exclusive FC. In fact, MG has dropped the previous nomenclature of…
Electric 3-wheeler Sales to Surpass 600,000 Units in FY2024
The charge of the electric vehicle industry in India, which has already clocked 1.46 million units in the April 2023-February 2024 period, is led by the two- and three-wheeler sub-segments. In tandem with e-two-wheeler retail sales, which have exceeded 800,000…
SUV Demand Powers Best-ever February Dispatches, India PV Inc Set For 4.25 Million Sales in FY2024
Sales in the leap-month of February 2024 have leaped to an all-time high – estimated at over 370,000 units and an 11% year-on-year growth (February 2023: 334,790 units). The high level of wholesales / dispatches to dealer showrooms across India…
Joy E-Bike Sets up a New Assembly Line Facility in Deoghar, Jharkhand
Wardwizard Innovations & Mobility Limited (WIML), one of the leading manufacturers of electric two-wheelers under the brand ‘Joy e-bike’ and threewheelers under the brand ‘Joy e-rik’ in India, today inaugurated its new assembly line facility for electric two-wheelers in Deoghar,…
MG Motor India Reports Sales of 4532 Units in Feb— Comet, Astor, Hector, ZS EV
MG Motor India announced its retail sales numbers for February 2024, totalling 4532 units. The company registered a growth of 18% over the previous month, January 2024, with 3,825 units sold during the same period last year. In December 2023,…
TelioEV Ventures Abroad by Introducing EV Charging Solutions in Five Countries
TelioEV, India’s leading provider of EV charging management solutions, has expanded its reach into five new countries: Sri Lanka, Nepal, Malaysia, Saudi Arabia, and Oman. This expansion marks a significant milestone for TelioEV, achieved within just 18 months since its…
Tamil Nadu CM Lays Foundation Stone for VinFast’s EV Plant in Tuticorin
Tamil Nadu Chief Minister M K Stalin on Sunday laid the foundation stone for the electric vehicle car and battery manufacturing facility of VinFast Auto Ltd which has earmarked investments to the tune of ₹16,000 crore in the state. The…
Vietnam EV Maker VinFast Reports $2 Billion Net Loss In 2023
Vietnamese electric vehicle maker VinFast on Thursday reported a net loss of more than $2 billion in 2023 after missing its sales target, despite a 90 percent increase in revenue. The communist state’s first homegrown car manufacturer is trying to…
Ford CEO Open to Working With Rivals to Compete With China
Ford Chief Executive Jim Farley said on Thursday the automaker is reworking its electric vehicle strategy to compete with Chinese rivals, and opened the door to collaboration with other automakers to cut EV battery costs. BYD and other low-cost Chinese…
