Lotus Technology Announces Delivery Updates of First Eleven Months of 2024
Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first eleven months of 2024. The Company delivered 9,871 vehicles1 in the first eleven months of 2024….
Electric Vehicle Sales Down 12% in November After Festival-driven rush
Electric vehicle (EV) sales in India fell 12 per cent in November 2024 to 191,554 units, down from 219,021 units recorded in October, as the festival-driven surge subsided. However, on a year-on-year (Y-o-Y) basis, sales surged 31 per cent, compared…
Hyundai Motor Group forms Strategic Partnership with IITs to Boost EV Research in India
South Korea’s Hyundai Motor Group has announced a strategic partnership with three premier Indian Institutes of Technology (IITs)—IIT Delhi, IIT Bombay, and IIT Madras—to establish a robust research framework in battery technology and electrification. The initiative aims to develop innovations…
GRSE Adds Electric Vehicles to Fleet, Targets Lower Carbon Emissions
Garden Reach Shipbuilders and Engineers Ltd. (GRSE), a Defence PSU specializing in warship production, has added five electric vehicles (EVs) to its fleet, bringing the total to 19. The move aligns with its efforts to adopt sustainable practices and also…
MotoHaus Opens Flagship Store In Bengaluru For Brixton & VLF
Just days after officially announcing its arrival to India with two international brands – Brixton and VLF — Kolhapur-based MotoHaus has opened its first flagship store in Bengaluru. Spread over 1,100 sq.ft with an additional 800 sq.ft space for a…
Electric 2-wheeler Sales see 29 pc Growth in India in Nov
India saw 29 per cent growth (year-on-year) in electric two-wheeler (e2W) sales in the month of November at 118,924 units, which took cumulative 11-month sales of e2Ws to 1.07 million units. It was the third best month for the electric…
Renault Goes on China Hiring Spree to Bolster EV Push at Home
Renault SA is trying to strengthen its electric-vehicle (EV) business at a time of flagging demand by building up its footprint in a country where it does not even sell cars – China. The French carmaker is turning to one…
India to Expand EV Manufacturing Incentives After Tesla Disappointment
India plans to expand electric vehicle incentives to automakers building models at existing factories in the country, instead of limiting the benefits to automakers willing to build new plants, a person with direct knowledge of the matter said. India’s EV…
Revolt Motors Enters Sri Lanka’s EV Market with its Electric Motorcycle Portfolio
Revolt Motors has made its debut in Sri Lanka with the launch of its flagship models, the RV400 and RV400 BRZ. Hosted at the prestigious Water’s Edge, the event marked a significant milestone in Sri Lanka’s journey toward greener and…
EV Charging Equipment Market Global Outlook & Forecast 2024-2029
The global EV charging equipment market is highly fragmented, with numerous players ranging from specialized startups to established multinational corporations. This fragmentation stems from the rapid growth in EV adoption, leading to a diverse range of solutions tailored to various…
