Auto Giants Launch wave of Affordable EVs, Challenging China’s Dominance
At this week’s Paris Motor Show, a number of Europe’s largest automakers debuted affordable electric vehicles (EVs) in an attempt to boost a decline in demand and reclaim some of the market share currently occupied by Chinese companies. The biennial…
Single-Motor Volvo XC40 Recharge EV More Affordable Now
Volvo has unveiled a new variant of the XC40 Recharge, significantly reducing the cost of its electric vehicle (EV) with a starting price of Rs 54.95 lakh, excluding showroom fees, in India. This means the new single motor version brings…
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…
Skoda To Launch Affordable Ev In India
Czech automaker SKODA is gearing up to launch an affordable electric vehicle (EV) in India, with a price tag between Rs. 12.5 lakh and Rs. 16.6 lakh (ex-showroom).The company aims to ride the wave of EV popularity in the country and compete with existing…
Tesla And BYD Both Seeking To Make Affordable EVs In India
India is the world’s third-largest new-car market, after China and the U.S., and the two leading EV makers are looking to tap it with affordable models. Tesla is discussing an investment deal with the Indian government that would see the…
Exponent Energy And Alt Mobility To Finance 1000 Altigreen neEV Tez Electric 3-Wheelers
Bengaluru based energy-tech startup Exponent Energy has joined hands with Alt Mobility, a commercial fleet leasing and lifecycle management platform, to lease 1000 Altigreen neEV Tez electric 3-wheelers, powered by Exponent. As per the agreement, Alt Mobility is offering 5-year…
