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. …
Govt Cuts FAME-II Subsidy On Electric 2-Wheelers From June
The government has reduced the subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme applicable on electric two-wheelers registered on or after June 1, 2023. The Heavy Industries Ministry notified the changes. For electric two-wheelers,…
Jio Said To Be In Talks With Tesla To Set Up ‘Private Network’ At India EV Plant
Reliance Jio is reportedly engaged in discussions with Tesla as the electric vehicle company explores the possibility of establishing a manufacturing plant in India. As reported by the Financial Express, industry sources have said that Reliance Jio has offered to…
BMW To Make New EVs In Shenyang From 2026
BMW Group will make its Neue Klasse electric vehicles in Shenyang, Liaoning province from 2026, the German automaker said on Thursday. “I am pleased to announce the local production of the Neue Klasse vehicles,” said Milan Nedeljkovic, BMW AG board…
China’s Electric Car Emissions Reductions Increasing Rapidly Over Time
Chinese EVs achieve greater emissions reductions over time due to improved efficiency and a greener power grid, states a study. While over 10% of Chinese car sales are now electric, the entire life cycle of EVs still generates carbon emissions….
Hyundai Motor India Partners with Shell India to expand EV-charging Infrastructure in India
The collaboration with Shell India is a part of Hyundai’s EV charging infrastructure expansion plan for providing customer-centric solutions towards a cleaner and greener future through the adoption of environment-friendly Battery Electric Vehicles (BEV). Shell India will also consider installing DC…
India To Open Lithium Reserves For Auction Later This Year
The Indian government is expected to initiate auction of mining rights for lithium reserves later this year. The Indian government will offer mining rights for lithium reserves in Jammu & Kashmir later in 2023. The focus of the auction will…
Ford To Scale Back China Investments Amid EV Competition From Local Rivals
Ford plans to scale back future investments in China, as the US carmaker’s chief executive warned there was “no guarantee” western carmakers could win against local electric-vehicle rivals. The company will “put less capital at risk” by focusing on…
Feature: Lebanon Sees Surging Demand For Chinese EVs
Demand for Chinese electric vehicles (EVs) in the Lebanese market has surged over the past two years, according to car exhibitors at the 2nd edition of the E-MotorShow Middle East for Electric & Hybrid cars, who expected that Chinese cars…
