Cake Electric Motorcycles To Be Served In Chinese Market In 2024
Swedish e-mobility specialist Cake has a wide selection of electric two-wheelers that encompass different disciplines of riding. On the one hand, it has a fun-loving electric off-roader called the Kalk, and on the other hand, it has utility-focused machines such…
Ola Electric Raises ₹3,200cr for Expansion
Ola Electric has raised Rs 3,200 crore from Temasek-led investors and SBI, the e-scooter maker said on Thursday. The funding – a mix of equity and debt – will be used towards the expansion of Ola’sEV business and setting up…
Stellantis Plans To Invest 1.5 Billion Euros in Chinese EV Manufacturer Leapmotor
Stellantis plans to invest about 1.5 billion euros, or about $1.6 billion, in Leapmotor, a Chinese electric vehicle manufacturer, the companies said late Wednesday. The European-based maker of Jeep and Ram and Leapmotor said in a joint statement that they…
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…
Indian Company That Makes EV Battery Materials To Build Its First US Plant In North Carolina
An Indian company that produces a key ingredient for long-range batteries in electric vehicles said Thursday it would build its first U.S. plant in southeastern North Carolina, creating hundreds of jobs. Executives at Epsilon Advanced Materials Inc. and Gov. Roy…
China Curbs on Graphite Could roil EV Supply Chain in the U.S.
A move by China that could curtail exports of graphite may throw a wrench into the supply chains of electric vehicle and battery makers that rely on highly processed versions of the mineral to help power their fleets of plug-in…
E-Bike Market Projected to Reach $77.2 Billion by 2028
The global E-Bike market is projected to reach USD 77.2 billion by 2028 from USD 51.5 billion in 2023, at a CAGR of 8.4% from 2023 to 2028. The growth in the E-Bike industry is expected mainly because E-Bikes offer…
New Electric Scooter By Liger Mobility: Liger X+ Offers An Impressive 125 Km Range
As the demand for electric scooters continues to surge in the Indian two-wheeler market, Mumbai-based Liger Mobility is gearing up to introduce its EV scooter. The company is set to launch two variants, the Liger X and Liger X+, with…
China Says It Will Restrict Key Material In EV Batteries: Tesla Moves Lower
China’s Ministry of Commerce and General Administration of Customs announced Friday that it will begin restricting exports of graphite, a key component of electric vehicle batteries. What Happened: Many EV companies, including Tesla, traded lower Friday, potentially on the news…
AP Govt to Set Up 400 EV Sharging Stations
Aligning with India’s net-zero emissions goal by 2070 Offering State govt employees 1 lakh EVs on EMI with incentives Establishment of 400 EV charging stations across the state Vijayawada: Andhra Pradesh has adopted a multi-pronged strategy to usher in electric…
