Gujarat’s Newer Strides Towards EV Manufacturing Hub
Even though a late entrant in the race of becoming India’s soughtafter automobile hub, Gujarat is clearly taking newer strides when it comes to electric vehicle (EV) manufacturing. As the policy focus of both the state and the Centre is…
Road Tax Exemption For Electric Cars In Telangana Replaced With High Rates
The road tax exemption available for electric cars in Telangana has been replaced with a levy ranging from 11-15%, a move that could surprise many potential EV buyers. “Their policy has changed… till recently there was zero tax, now they…
China Evergrande EV Unit To Issue Fresh Shares In Restructuring Plan
Embattled property developer China Evergrande Group said on Monday (Aug 14) its listed electric-vehicle arm has agreed to issue new shares to certain subscribers to ease loan burden and improve liquidity as part of its restructuring proposal. Under the terms,…
Tata Motors EV Family Is Now 1 Lakh Strong
Tata Motors, India’s leading automobile manufacturer and the pioneer of the EV revolution in India, today announced the achievement of an outstanding milestone of 1 Lakh Tata EVs. This momentous journey underscores Tata Motors’ unwavering commitment to driving positive change…
Foxconn Considers India For EV Manufacturing Hub, Targets 5-7 Lakh EVs By 2025
Foxconn is also aiming to establish a compound semiconductor fabrication plant in India, focusing on gallium nitride and silicon carbide chips. Foxconn Technology Group, the world’s foremost contract electronics manufacturer, is actively considering India as its third worldwide hub for…
Global Electric Two-wheeler (E2W) OEMs Competitive Landscape Report 2023-2030
Increasing Connected Features Attract Commuter, Leisure, and Last-mile Delivery Consumers and Create New Opportunities This report focuses on the profiles of original equipment manufacturers (OEMs) active in the global Electric Two-Wheeler (E2W) market. Covering the period from 2018 to 2030,…
Tata Motors Leads Indian EV Market With A Market Share Of 72%
By selling 34,000 electric vehicles during the first half of 2023, Tata Motors captured a 72 per cent share in India’s electric vehicle (EV) market, data released by Canalys showed. The contributors to this included high sales numbers of Tiago,…
Faad Network Leads $500K Funding For BluWheelz, EV Fleet Startup
BluWheelz, an electric vehicle (EV) fleet-as-a-service startup, has successfully raised a substantial seed investment of $500,000. The funding round was led by Faad Network, a well-known early-stage fund in India. Notable participants in this round include LetsVenture, along with a…
Hyundai Bets Big On Domestic EV Market
Hyundai aims to gain market share in the country by strengthening its electric vehicle (EV) portfolio, with the company set to roll out five EV models by 2032 and increase charging infrastructure. It plans to increase its charging stations to…
China Takes a Commanding Lead in Worldwide EV Race
China has beaten the United States and taken the lead in the global race to electrification. The eastern Asian nation is home to several successful electric vehicle companies such as Wuling Motors and BYD that have captured a significant portion of the…
