EV Sales Continues To Rise Despite Mishaps
Despite incidents of e-bike fire mishaps and battery explosions that resulted in vehicles burning down to ashes, the adoption of electric vehicles (EVs) is on a significant rise across the State, with the number of EVs set to touch the…
Tesla’s China deliveries fell To a 2023 Low in July
Tesla (NASDAQ:TSLA) is on watch Thursday after data from the China Passenger Car Association indicated the electric vehicle maker sold 64,285 China-made electric vehicles during the month of July. While the EV tally was up 128% from a year ago…
NIO’s New ES6 Electric SUV Breaks EV Maker’s Monthly Delivery Record
NIO released the second-generation ES6 in May. Despite being compact in size, NIO is seeing big results from the new electric SUV. The EV maker announced in a press release on Tuesday that it delivered a record 20,462 vehicles in July, up 103.6% YOY…
TVS iQube Electric Scooter Crosses 1.5 Lakh Units Sales Milestone
TVS Motor Company has achieved a significant milestone by selling over 1.50 lakh units of its electric scooter, the TVS iQube. This accomplishment was reached in just 43 months since the iQube’s launch in January 2020. The iQube has gained popularity among…
Hyundai Motor Expects Reflective Benefits As India Rejects Chinese EV Investment
India has blocked Chinese automakers from investing in India. This is expected to give Hyundai Motor Group of Korea reflective benefits as the Korean automaker is expanding its investments in India. According to foreign media outlets including the Economic Times…
China’s Expertise Sparks Growth Potential For Pakistan’s EV Industry
“Over the past two decades, China has successfully established a complete and efficient supply chain for Electric Vehicles, with strengths in technology, design & development, and manufacturing. According to Dr. Li Xiangping, Former Director of Dongfeng Motor Co., Ltd. and…
European Automakers Forge Power-Packed Partnerships In China To Conquer Booming EV Market
In a bid to seize a bigger slice of the world’s largest auto market, European automakers are shifting gears and teaming up with Chinese counterparts to drive innovation and electric vehicle (EV) dominance. Volkswagen’s latest move comes as it grapples…
VW-Xpeng Deal Is Evidence of China’s Growing EV Dominance
German auto giant Volkswagen AG’s $700 million investment in Xpeng Inc. is a vote of confidence in the electric-vehicle upstart and the latest sign of how rapidly China is starting to dominate the global transition to clean vehicles. The deal…
Subsidy Cut Hits Electric Two-Wheeler Sales
The sale of electric two-wheelers has hit a speed bump after the subsidy under Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) scheme was slashed from 40% to 15% with effect from June 1. The sales dropped…
Volvo XC40 Recharge Captures 25% Share of Luxury EV Market In H1 2023
Volvo Car India’s luxury EV the XC 40 Recharge captured 25% of the market share in the luxury EV segment. According to data available on the Government of India’s Vahan portal, the XC40 Recharge sold 241 units in the period…
