BYD, China’s Largest EV Manufacturer, Takes Aim At Southeast Asia Market
China’s largest electric vehicle manufacturer, has begun to penetrate the Southeast Asian market to challenge the stronghold held by Japanese automakers in the region. BYD has launched an offensive on Japanese EVs, which hold more than 80% of market share…
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,…
Electric Two-Wheelers Will Get More Expensive Now
The Faster Adoption and Manufacturing of (hybrid &) Electric vehicles Phase II (FAME II) scheme was implemented in April 2019 by the central government to incentivise buyers to purchase electric 2-wheelers by providing a substantial subsidy on their price. This…
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….
Tesla May Expand China Factory: More Powertrain Production, New Batteries
Tesla has reportedly filed paperwork with the intent to expand its EV factory in China, coined Giga Shanghai. The potential expansion would allow the US EV maker to produce more powertrains and up the number of vehicles it can manufacture….
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…
Citroen eC3 Aircross 7-Seater EV Launch In India Soon
The new Citroen C3 Aircross SUV is set to go on sale in India in the second half of 2023. Now, recent reports suggest that the French carmaker is also planning to introduce an electrified version of the SUV soon….
Joy e-bike In India Embarks On A Digital Journey With Excellon Software
NAGPUR, India , May 9, 2023 /PRNewswire/ — The EV Industry Specialist, Excellon Software, announces yet another Electric Vehicle manufacturer to the portfolio of its customers, the Joy e-bike from WardWizard Innovations and Mobility Limited. WardWizard is an innovation-driven company in the sunrise segment…
India’s Biggest Electric Vehicles and Battery Industry National Business Conference Series Now Comes To Gujarat
Gujarat’s electric vehicle policy targets to have 200,000 EVs on the road by 2025, including 110,000 electric two-wheelers, 70,000 electric three-wheelers, and 20,000 electric cars. Additionally, the Policy aims to offer a comprehensive solution to the issues hindering the spread…
Three Wheels United Inks Pact With Piaggio Vehicles To Procure 3,300 Electric Three-Wheelers
Tech-enabled EV financing firm Three Wheels United (TWU) has inked an initial pact with small commercial vehicle maker Piaggio Vehicles India to procure 3,300 electric three-wheelers, a release said on Monday. Under the partnership, the company will facilitate easy and…
