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EV Sector Could Be Impacted By Falling Crude Oil Prices

Cheap oil could drive automakers to distraction. With crude futures near $26 a barrel, drivers might lose enthusiasm for electric vehicles, especially if governments put support on hold and let pump prices tank. But the push away from hydrocarbons is…

Proposed Ordinance To Advance Chicago In Preparing For EV Boom

A Chicago City Council committee approves an ordinance requiring certain new commercial and residential buildings to have at least 20% of parking spaces ready for EV equipment. Approved by the Committee on Zoning, Landmarks and Building Standards, the ordinance amends the city…

Hero Electric Announces New Dealerships, Further Strengthening Their Presence In Bengaluru

India’s Biggest electric vehicle brand, Hero Electric announced the opening of three new dealerships in the Bengaluru Area to further strengthen its presence in the city. The three new dealers – Jaideep Motors, Pulse Electrochem and VRS Motors – are…

India Heading Towards 100% Electrification Of Vehicles

According to a report by the International Council On Clean Transportation (ICCT), nearly 50 percent of the world’s electric vehicle sales are concentrated in 25 global cities touted as the EV capitals of the world. Startups in India are, however, spearheading a…

India’s Fastest Charging E-Scooter- 450X All Set To Electrify Pune & Seven Other Cities

Sachin Bansal & HeroCorp backed Ather Energy is all set to unleash their next-gen electric scooters, 450X in Pune, Delhi NCR, Mumbai, Ahmedabad, Kochi, Coimbatore, Kolkata, and Hyderabad, after a successful launch in Bengaluru and Chennai. Ravneet Phokela, Chief Business…

UK May Soon Legalise Electric Scooters On Roads

Electric scooters could soon be made legal on roads in the UK and start replacing petrol-fuelled mopeds as part of a £90m plan to revolutionise how the country moves and help meet its net-zero emissions target. Alok Sharma, secretary of state for Business, Energy and Industrial Strategy, who…

Ideanomics MEG Announces Order Of Approximately $575 Million USD From Beijing Silk Road Rainbow Car Rental

Ideanomics has announced a new vehicle order through its MEG subsidiary from rental and leasing services company Beijing Silk Road Rainbow Car Rental Group Co., Ltd., the leading bus operator in Northern China for several major metro markets, including Beijing. The order is…

ABB Acquires Majority Stake In Chinese EV Charging Provider- Chargedot

ABB has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology Co., Ltd. The deal was announced on October 28, 2019. The company supplies AC and DC charging stations, as well as the necessary software platform…

Magenta Power Launches ‘ChargeGrid Flare’, India’s First Street Lamp Integrated EV Charger

Magenta Power, a HPCL startup providing green energy solutions, has launched its first Street Lamp Integrated electric vehicle (EV) Charger called ‘ChargeGrid Flare’. The company has planned to roll-out its newly launched Street Lamp Integrated EV Charger into the market…

BMW To Discontinue Many Internal Combustion Engines 2021 Onward

In a press release that contains “profitability” and “EBIT” in its title, BMW included a bit of a bombshell in two paragraphs. First things first, up to 50 percent of “traditional drive train variants” will be eliminated from 2021 onwards. Hybridized and electric vehicles…