LG, Hyundai To Build $1.1 Billion Electric Vehicle Battery Plant In Indonesia To Tap Nickel Supply
South Korean conglomerates Hyundai and LG will jointly build a $1.1 billion electric vehicle battery plant in Indonesia to take advantage of the Southeast Asian country’s potentially vast consumer market and rich natural supply of nickel. The 50-50 joint venture,…
Nissan, AESC To Build $460 Million Car-Battery Plant In Japan
Nissan Motor Co. is unveiling plans for a second car battery factory, betting that demand for electric vehicles will justify the investment in additional capacity. Envision AESC and Nissan will jointly operate the plant, to be built in Ibaraki prefecture…
ABB India Partners With Audi India To Provide Charging Solutions For E-Tron Range
ABB India has announced a partnership with Audi India to provide charging solutions for the e-tron range. The former said in a press release that in order to ensure a premium charging customer experience, the Audi e–tron and Audi e-tron…
VerdeMobility Launches The First Ever Hybrid AC EV Chargers In India For Multi-Protocol Charging.
EV charging infrastructure solutions provider VerdeMobility is all set to launch its range of smart and well-networked Hybrid AC EV chargers. The company had been catering to global needs through its only manufacturing facility, located in India (Anand, Gujarat) Recently,…
Prevail Electric Mobility To Set Up Additional Manufacturing Unit In Haryana For Electric 2-Wheelers
Prevail Electric Mobility, an arm of French lubricants major FRVelion, will set up an additional manufacturing unit in India for electric 2-wheelers to meet demand in the country besides catering to Nepal and Sri Lankan markets, according to a top…
Helbiz Partners With Lightning eMotors To Deploy Electric Vehicles For Fleet Management
Helbiz, a global leader in micro-mobility that is the business combination target of GreenVision Acquisition Corp., today announced that they are exploring the electrification of their fleet with Lightning eMotors, a leading manufacturer of commercial electric vehicles for enterprise fleets….
Anand Group, Mando Corporation Form JV To Develop Electric Vehicle Components
Anand Group and Mando Corporation have tied up to supply motor and controllers for the emerging 2/3-wheeler electric vehicle market. The joint venture partners collaborated for the first time in 1997, with the set-up of Mando Automotive India Private Ltd…
Dana To Invest USD 18 Million In Switch Mobility For 1% Stake
Switch Mobility Ltd, the electrified commercial vehicles company and subsidiary of Ashok Leyland Ltd, Indian flagship of the Hinduja Group, announced a strategic agreement with Dana Incorporated (Dana), the global leader in drivetrain and e-propulsion systems, to make a minority…
Hero Electric Raises ₹2.2 Billion In Series B Funding
Electric scooter manufacturer Hero Electric has announced that it has raised ₹2.2 billion as the first part of its Series B funding. Gulf Islamic Investments (GII) and Hero Electric’s existing investor OAKS Asset Management (OAKS) led the funding round. The…
Ola Electric Scooter Receives A Record 1 Lakh Bookings In 24 Hours.
Ola Electric CEO Bhavish Aggarwal announced that the much-anticipated Ola e-scooter has garnered 1 lakh bookings in just 24 hours of opening of pre-launch bookings, making it the ‘most pre-booked scooter’ in the world. Ola Electric had announced the opening…
