New Buick Electra E4 Unveiled As The Second Ultium EV For China
It has been well documented that China is a major market for EVs and Buicks, so it should not come as a surprise that the GM brand has already unveiled two brand-new all-electric crossovers in the market. The second, the…
Saudi Arabia signs $5.6bln deal with Chinese EV company
Saudi Arabia’s Ministry of Investment has signed a $5.6 billion deal with Chinese electric car maker Human Horizons to collaborate on the development, manufacture and sale of vehicles, the Saudi state news agency said in a statement. The agreement accounts…
Nio Said Not To Join China’s EV Price War. Now It’s Cutting $4K Across All Models
Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday. The news came as EV makers enter a price war in the world’s largest…
E-bike Penetration Jumps In India By Nearly 40%
India’s electric two-wheeler market is steadily growing. From 4.05% in 2022, the adoption rate of these vehicles rose by a third this year to touch 5.63% in May, government data showed. Goa, Kerala, Karnataka, and Maharashtra, along with six other states,…
GM’s Proxima EV Concept Revealed In China Sporting Buick Badge, Gullwing Doors
General Motors has revealed a new concept car dubbed Buick Proxima, which was created at its Shanghai-based design studio and provides a glimpse into the group’s future all-electric line-up. The Proxima is a zero-emissions sedan that features impressive gullwing doors…
Delta Electronics Expands India Manufacturing, Aims For 40% Market Share In EV Charging
Taiwan-based Delta Electronics aims to become a major provider of Electric Vehicle (EV) charging stations in India, targeting a market share of 40 per cent within the next 3-5 years, Managing Director Niranjan Nayak told ETEnergyworld in an exclusive interview. The $8 billion company offers a range of charging…
Tata Group Signs $1.6 Billion EV Battery Plant Deal in Gujarat
India’s Tata Group, a leading multinational conglomerate, has entered into an outline deal to construct a lithium-ion cell factory in Gujarat, India. With an investment of approximately 130 billion rupees ($1.58 billion), the plant aims to bolster the country’s electric vehicle (EV)…
China’s EV Battery Sector Is Preparing A New Breakthrough
One of China’s top battery-makers believes it has cracked a technology to provide even cheaper and more powerful packs for electric vehicles. Gotion High-Tech recently unveiled a lithium-manganese-iron-phosphate battery – LMFP for short – which it says will power an…
EVs Consumed 204.99 Million Units At Charging Stations In FY23
Electric vehicles which charged in charging stations across India consumed 204.99 million units of power in FY23. The data has been collected for the first time ever by Central Electricity Authority (CEA) from power distribution companies (discoms) across the country….
E-Sprinto Plans to Sell 10,000 Electric Two-Wheelers by End of 2023
E-Sprinto, India’s fastest-growing electric two-wheeler brand has announced its ambitious plans to sell 10,000 eco-friendly electric two-wheelers by the end of the fiscal year 2023. Sales of e-Sprinto Electric Scooter Thus far, the bootstrapped startup has successfully sold over 5500…
