India Secures Third Rank In Global EV Charging Affordability
According to a study conducted by Compare the Market Australia, India has been identified as the third most affordable country for electric vehicle (EV) charging. The study examined the costs of EV charging and fuel consumption across 50 countries, using…
Ford To Scale Back China Investments Amid EV Competition From Local Rivals
Ford plans to scale back future investments in China, as the US carmaker’s chief executive warned there was “no guarantee” western carmakers could win against local electric-vehicle rivals. The company will “put less capital at risk” by focusing on…
DC Edit | Make India EV-ready quickly
The buzz around is unmistakable — electric vehicles (EVs) are coming and taking over. In the next two years, there are over 40 new models of automobiles set to be launched that will be powered by electricity. A few others…
Richest Man In Vietnam Doubles Down On Risky $10.9 billion Wager On EVs
SINGAPORE – It is a familiar story: a business mogul parlaying much of his fortune into a massive bet on electric vehicles (EVs), only to fall on hard times. Billionaire Pham Nhat Vuong is among the latest to take after Mr…
Chinese Electric Vehicle Brands Expand To Global Markets
YOKOHAMA, Japan (AP) — Osamu Furukawa has driven lots of Japanese cars for his business converting classic gasoline-powered models to electric. But his favorite ride is an import: A battery-powered SUV from China’s BYD Auto. BYD Auto is part of…
China’s Hozon To Produce EVs In Thailand For Southeast Asian Market
BANGKOK – China’s Hozon New Energy Automobile will make electric vehicles in Thailand for the Southeast Asian market, a Thai official said on Saturday, as it follows others in building facilities in the region’s major auto production hub. Hozon signed…
India’s EV Sales Fall On Month In April
India’s full electric vehicle (EV) sales rose on the year in April, but fell on the month for the first time since December 2022, likely because the government suspended subsidies to two manufacturers. Indian EV manufacturers sold 111,155 vehicles in…
