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Delhi’s EV Policy Phase-2 To Focus On Charging Infra, Subsidies

India needs better charging infrastructure, continued subsidies and cheaper electric cars for the EV revolution to take off, participants at the Mint India Public Policy Summit said.  The Delhi government is focused on expanding charging and giving subsidies in the second phase…

Tesla Proposes To Set Up EV Plant In India

Tesla has proposed setting up a factory in India to build electric cars for domestic sales and exports, which as senior executives discussed the plan for local sourcing of parts with government officials on 17 May, 2023, during their visit…

Electric Car Subscription Service Onto Raises $60M USD To Launch European Expansion

All-inclusive electric car subscription service Onto, has raised $60M USD in equity in a Series C funding round led by Legal & General. The round will enable the business to consolidate leadership in the UK and expand into Europe, starting…

Tesla Delivers Highest First Quarter Electric Car Sales Despite Covid-19

Tesla stock soared 17% in after hours trading on Friday following the release of recorder first quarter deliveries for Q1 2020 on Thursday. Tesla said more than 88,000 electric vehicles in total were delivered in the first quarter, 76,200 of…

Ford Mustang Mach-E Orders To Open In Mid-May

Orders for the upcoming Ford Mach-E – the fully electric Mustang – may open as soon as mid-May, new images of the ordering interface that were shared with an online Mach-E forum suggest. The mockup up form also shows a…