Moto Business Service To Handle Electrical Autos Of FullFily
Moto Business Service India, a leasing agency of Yamaha Motors, on Monday introduced a partnership with Chennai-based FullFily, marking its foray into electrical two and three-wheelers asset administration companies. Under the partnership, Moto Business Service India (MBSI) will handle electrical…
Electric Two-Wheeler Adoption Gaining Traction In Semi-Urban, Rural Markets: Shriram City MD & CEO
Even as the overall sales of two-wheelers have not returned to pre-COVID levels and that people are also postponing their purchases due to higher running costs with petrol becoming costlier, a lot of demand is coming from rural and semi-urban…
XIAOMI Is All Set To Unveil The Prototype Of Its First EV Car In China By End Of August
Xiaomi launched its first electric vehicle, an electric scooter in 2016. The scooter looked like one of those push-scooters that most of us played with as children, and was called the Xiaomi M365 or Mi Electric Scooter. Now, after almost…
Okinawa Overtakes Hero, OLA To Become India’s No. 1 Electric Two Wheeler Brand
The sale of electric two wheelers in India has increased by 9.89 percent in terms of Month on Month (MoM). The country’s 8 top electric vehicle manufacturers sold a total of 38,693 units. These figures are for June 2022. At…
ICE Vehicle Phaseouts Approaching In Europe, Boosting Demand For Hybrid & Electric Vehicles
A new Freedonia Group analysis finds that expanding regulatory support for the adoption of EVs by governments worldwide will boost sales of these units through 2026. In particular, European nations have been global leaders in adopting target dates for the…
Bajaj Auto Looks To Expand Electric Vehicle Portfolio
Bajaj Auto is all set to expand its electric vehicle portfolio. After the Chetak electric scooter, the company will now roll out electric three-wheelers in September. Executive director Rakesh Sharma said the electric three-wheeler would be manufactured at the Waluj…
Alayyan Group Is The Exclusive Distributor Of Wallbox Smart Chargers
The group has obtained exclusive commercial rights to represent the Wallbox brand in the Jordanian market, becoming the authorized distributor of its smart chargers in the Kingdom where it will be providing them to customers through a dedicated digital showroom….
EV Fast-Charging Infrastructure Market To Touch $18,909.8 Million Value By 2030, Says P&S Intelligence
According to the market research report published by P&S Intelligence, the revenue of the electric vehicle fast-charging infrastructure market was $3,240.7 million in the year 2021, and it is likely to touch $18,909.8 million by 2030, at a mammoth compound…
UAE Based META4 To Invest INR 250 cr For EV 2 Wheeler Plant In India
The United Arab Emirates-based company META4 on Monday announced to invest Rs 250 crore to set up an electric two-wheeler manufacturing plant in Telangana. The plant will help create nearly 500 direct and 2, 000 indirect jobs in the state….
AUTOS Nio Reports Wider First-Quarter Loss As Covid Shutdowns In China Hamper Deliveries
Chinese electric-vehicle maker Nio lost $281.2 million in the first quarter, wider than the $68.8 million it lost a year ago, as it scrambled to keep pace with intense demand amid China’s recent Covid-related shutdowns. Here are other key numbers…
