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…
Tesla Suspends Production At Shanghai Plant
Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people with knowledge of the matter, bringing ahead a previous plan to pause most work at the plant in the last week of December….
Stellantis Looks To India For Affordable EVs For Europe Amid Competition From China
Fiat parent Stellantis has concluded it can’t currently make affordable electric vehicles in Europe and is looking at lower-cost manufacturing in markets such as India, its chief executive told reporters. If India, with its low-cost supplier base, is able to…
Ford Moves Forward Plans To Convert German Plant
Ford is apparently planning to accelerate the switch to electric vehicles in Europe. According to reports in German and UK media, production of the internal combustion Fiesta small car in Cologne will end at the end of June 2023, a…
Lords Automotive Partners With Kerala Govt To Build An EV Production Facility
Lord’s Mark Industries has set up a joint venture with the Kerala government undertaking Kerala Automobile Ltd (KAL) for electric vehicle manufacturing. The joint venture’s first production facility will come up in Kannur via an investment worth ₹20 to ₹30…
One Moto India Plans To Invest Rs 250 Crore In Telangana To Establish A Manufacturing Unit
The first-ever British brand of premium EVs in India, One Moto has entered into an MoU with the Telangana government to set up its manufacturing unit in the state. The new facility will come up in the outskirts of Hyderabad,…
Godawari E-mobility Plans To Invest Rs 150 Crore By 2023 To Build An EV Manufacturing Facility In Raipur.
Godawari E-mobility Pvt Ltd, a part of the Chhattisgarh-based Hira Group, plans to invest up to Rs 150 crore by 2023 for setting up an electric vehicle (EV) manufacturing unit at Raipur and launch new products as it looks to…
EV Maker WardWizard Plans To Double Its Annual Production Capacity To 2 Lakh Units
Electric two-wheeler maker WardWizard Innovations and Mobility Ltd said it will double its annual production capacity to 2 lakh units with the setting up of an assembly line at Vadodara plant. The company, which sells electric two-wheelers under the ‘Joy…
Automakers Commit To Increasing Electric Car Sales In The US
Declaring the U.S. must “move fast” to win the carmaking future, President Joe Biden on touted a commitment from the auto industry to make electric vehicles up to half of U.S. sales by the end of the decade. Biden wants…
Prevail Electric Mobility To Set Up Additional Manufacturing Unit In Haryana For Electric 2-Wheelers
Prevail Electric Mobility, an arm of French lubricants major FRVelion, will set up an additional manufacturing unit in India for electric 2-wheelers to meet demand in the country besides catering to Nepal and Sri Lankan markets, according to a top…
