Tata Motors Total Sales Decline YoY, Electric Cars Give Firm A Boost
Tata Motors sold 74,973 vehicles in May 2023, down 2 per cent year-on-year (YoY) as the automaker made gains in the electric cars (EV) market. The company’s total private vehicle sales went up by 6 per cent YoY at…
Servotech Leads The Way In EV Charging Technology
Servotech Power Systems Limited, the EV charger manufacturer in India, showcased its extensive range of EV DC fast chargers at the Electric Vehicle Innovation Summit in Abu Dhabi. The 3-day summit, in collaboration with their Middle East distribution and marketing…
New Energy Electric Vehicles In Gangbei District Of Guigang City Enters The ASEAN “Blue Ocean” Market
Recently, Guangxi Guigang Fushuai Electric Vehicle Co., Ltd. and PT. DFU INTERNATIONAL INDONESIA signed the first batch of directional purchase contracts for 20,000 new energy electric vehicles in Jakarta, Indonesia. Crystal Huang, CEO of PT. DFU INTERNATIONAL INDONESIA, said that driven…
Ford CEO Says Biggest Rival Is China
Ford CEO Jim Farley says China is its biggest competitor in the electric vehicle market as it looks to compete with the likes of BYD, Geely, SAIC Motor, and Great Wall Motor. At the recent Morgan Stanley Sustainable Finance Summit conference,…
Tesla Model Y Becomes First Electric Vehicle With ‘World’s Best-Selling Car’ Title
Tesla Model Y has become the first all-electric vehicle to be billed as the world`s bestselling car, a report has shown. Tesla Model Y surpassed Toyota`s RAV4 and Corolla models to top global sales rankings in the first quarter of…
Delhi To Have More EV Charging Stations, NDMC Gives Nod
The New Delhi Municipal Council (NDMC) has recently approved a project to open more EV charging stations and another to revamp electricity transmission and distribution through Revamped Distribution Sector Scheme (RDSS). The projects were approved on Wednesday at the NDMC…
Ola Electric Gears Up For India’s Largest Automotive IPO By Early 2024
Just a few days after it secured $300 million in fresh funding led by a sovereign fund, Ola Electric, India’s largest electric vehicle company, is said to be in talks with financial and legal institutions to go for the much-awaited…
China Electric Farm Tractors Market Trends
China’s electric farm tractor market is still in its early stages of development, but there are signs of growth and potential for future expansion. The electric farm tractor market in China is forecasted to grow at a CAGR of 11%…
Automaker Change The Way They One-up Each Other In The Cutthroat Pickup Market
Car companies will need to reexamine their pickup truck playbook as more of these models go electric. The industry’s cutthroat truck wars are bleeding over into the electric-vehicle market, with press releases touting an extra few miles of range here…
Warren Buffett-Backed Chinese EV Maker Said To Be Mulling Factory In Europe
The EV giant, backed by Warren Buffett‘s Berkshire Hathaway, wants to build a plant in Europe and is considering locations including France, Spain and Germany, French media platform Les Echos reported. Discussions are ongoing with BYD, the report quoted a French Minister as saying. …