China’s BYD Forecasts Higher Third-Quarter Profit on Record EV Sales
Chinese automaker BYD Co. expects third-quarter profit to rise at least 67% on the back of record electric-vehicle sales. The Warren Buffett-backed maker of electric vehicles and batteries estimated net profit for the quarter at between 9.55 billion yuan ($1.31…
Nissan’s Sales Woes In China Worsen As Slow EV Shift Proves Costly
Japan’s hesitancy toward EVs is taking its toll on automakers in China. Nissan’s sales are plummeting after failing to keep up with EV leaders like Tesla and BYD. Slow EV transition is costing Nissan in China Nissan is struggling to…
Tata Motors Sells 37,961 EVs In H1 FY2024, EV Share Of PVs Rises To 13.5 Percent
Tata Motors’ passenger vehicle (PV) sales may have seen a decline for two straight months in August (-3%) and September (-5%) but its electric vehicle (EV) sales are on a roll. In the first six months of FY2024, the company…
India Ripe Target For EV Companies But Domestic Take Up Slow
India is a ripe target for electric vehicle firms as the third-largest auto market in the world but due to slow domestic takeup, no Indian company is likely to have a meaningful global share of electric vehicles in the foreseeable…
Tesla Revs Up China Expansion As EV Rivals BYD, Geely Race Ahead
According to the Chinese Passenger Car Association, Tesla’s Shanghai Gigafactory delivered 75,842 vehicles in China in April, outpacing Mercedes-Benz, BMW, and Audi. Tesla’s Model Y was the bestseller with 49,059 units sold, followed by the Model 3 with 26,783 units sold. …
Tata Tiago EV Achieves 10k Unit Sales Milestone
Automobile firm Tata Motors has announced that it has achieved the 10,000-unit sales milestone for its Tiago EV since its deliveries commenced. The Mumbai-headquartered company said it also made it the fastest electric vehicle to achieve this milestone in less…
India’s EV Sales Fall On Month In April
India’s full electric vehicle (EV) sales rose on the year in April, but fell on the month for the first time since December 2022, likely because the government suspended subsidies to two manufacturers. Indian EV manufacturers sold 111,155 vehicles in…
NIT-Calicut launches M.Tech programmes in AI and EV
The National Institute of Technology-Calicut (NIT-C) will commence two new postgraduate programmes in Computer Science and Engineering with specialisation in Artificial Intelligence and Data Analytics and Electric Vehicle Engineering from July. The M.Tech programme in Computer Science and Engineering (Artificial…
Harley-Davidson’s LiveWire Electric Motorcycles Now Available In Europe
LiveWire, the electric motorcycle brand spun out of Harley-Davidson, has just announced that the company’s flagship LiveWire ONE electric motorcycle is now available in Europe. The LiveWire ONE is the successor of the Harley-Davidson LiveWire electric motorcycle. That bike was…
India Can Achieve Energy Independence By 2047
India can achieve energy independence by 2047, when it celebrates 100 years of independence, according to a study by the US Department of Energy’s Lawrence Berkeley National Laboratory. The study titled ”Pathways to Atmanirbhar Bharat” also notes India’s energy infrastructure…
