Eaton’s Vehicle Group Launches Electric Vehicle E-Drive Gearing Design, Development, And Manufacturing
Power management company Eaton today announced its Vehicle Group is developing gearing solutions for electrified vehicles (EVs). Leveraging its expertise in producing transmissions and contract manufactured gear-sets for passenger and commercial vehicles, the Vehicle Group aims to be a leader…
Ford To Build New Electric Car On Volkswagen Framework
Ford is vowing to convert its entire passenger vehicle lineup in Europe to electric power by 2030 in just the latest sign of the seismic technological changes sweeping the auto industry. Ford will spend $1 billion to revamp its factory…
Tesla Will Manufacture Electric Vehicles In India
Tesla is planning to expand its electric vehicle (EV) manufacturing capabilities to India, according to a report. The company is preparing to set up a factory in the southern state of Karnataka, according a government document. The text made only…
Ola, Siemens To Build ‘India’s Most Advanced EV Manufacturing Hub’ In Tamil Nadu For ₹2,400 Cr
Ola announced that it has joined hands with Siemens to build India’s most advanced electric vehicle manufacturing facility in Tamil Nadu. Last month, the popular ride-hailing platform signed a 2,400-crore-deal with the Tamil Nadu government to set up its first…
Geely And Foxconn Form Partnership To Build Cars For Other Automakers
Taiwan’s Foxconn and Chinese automaker Zhejiang Geely Holding Group said on Wednesday they will join hands to provide contract manufacturing for automakers. They will each hold 50% of a venture that will also provide consulting services on electric vehicle (EV)…
Nissan, Dealer Partners To Hire 1,500 Workers To Enhance Production
Japanese auto major Nissan said it along with its dealer partners will hire 1,500 people in India to enhance production and reinforce sales force on the back of robust response to its newly launched compact SUV Magnite. The company plans…
Foxconn Seals Manufacturing Deal With Chinese EV Startup Byton
Apple Inc. supplier Foxconn Technology Group signed a strategic cooperation deal with embattled Chinese electric-vehicle startup Byton Ltd. in a transaction that could mark a large bet by the iPhone assembler on the car-making business. The companies, aided by the…
Fiat Chrysler Will Build Jeep, Alfa Romeo EVs In Poland
Fiat Chrysler Automobiles will modernize its Polish plant to build hybrid and electric Jeeps, Fiats and Alfa Romeos. The company plans to start production of the first of three new models at its factory in Tychy in the second half…
Ola To Hire 2,000 To Fuel Electric Venture
Ride-hailing firm Ola aims to double the current headcount of around 2,000 people at its electric vehicle (EV) business in the next six months, said two people aware of the developments, which will potentially make it the largest vertical in…
Volcon ePowersports Invites EV-Sector Investors To Join First All-Electric, Off-Road Vehicle Manufacturer In Public Funding Round
Investors of all kinds will now have the opportunity to join the growing electric-powersports sector with the announcement of Volcon’s new funding round on crowdsourcing-investment platform WeFunder – the largest funding portal by number of investments, investment volume and investor…
