Kaixin Auto Holdings Announces Order Of 10,000 Electric Trucks
Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it has signed a sales order for 10,000 electric trucks with Beijing Shencheng Biotechnology Group Limited (“Shencheng”). Shencheng will be ordering 10,000 electric trucks with a total value…
EV Fire Incidents Rare But Can Happen In Future: Ola’s Bhavish Aggarwal
There may be more fires in electric scooters in the future but such incidents are very rare, the chief executive of India’s Ola Electric said at a private company event, after safety concerns were heightened by a fire in one…
GM Continues To Book Profit Amid Headwinds, Looks To Execute EV Strategy
General Motors Co. CEO Mary Barra says the company is in “execution mode” for its electric vehicles and again touted its plans while reporting a first-quarter profit Tuesday — the same day crosstown rival Ford Motor Co. celebrated the launch…
Phishing Scams Targeting Indian Electric Vehicle Industry Is On The Rise
CloudSEK today released Unearthing the Million Dollar Scams Targeting the Indian Electric Vehicle Industry, highlighting a large-scale phishing campaign targeting Electric Vehicle (EV) consumers and businesses. It is notable that the scams increased considerably after the production-linked incentive (PLI) scheme,…
Delhi Govt To Launch Guidebook For EV Charging At Shopping Malls
The Delhi government has announced that it is launching a guidebook to simplify and enable the adoption of Electric Vehicle (EV) charging in parking lots of shopping malls in the city, a move aimed at promoting clean energy. The document,…
OEMs in North America And Europe Target To Transition To a Zero-Emission Portfolio Entirely As Early As 2040
OEMs in North America and Europe target to transition to a zero-emission portfolio entirely as early as 2040. Shifting to electric powertrain calls for significant vehicle architecture and design changes to accommodate critical power components such as the battery, fuel cells, and hydrogen storage….
Xiaomi’s Open Car Plant In Beijing To Produce 3 Lakh Electric Vehicles Every Year
iaomi’s open car plant in China will have the capacity to produce 300,000 electric vehicles every year, authorities in the capital said on Saturday. The new car plant will be constructed in Beijing in two phases. The smartphone maker will…
BMW Seeks Temporary Import Duty Relief For Electric Vehicles In India, To Launch Three EVs In Six Months
While it may be late to the party, BMW will soon join the likes of Mercedes-Benz, Jaguar and Audi to launch a luxury electric vehicle (EV) in India, as the Germany carmaker readies to introduce the BMW iX SUV next…
Indian Passenger Vehicle Market Outlook 2020
Domestic sales in the Indian Passenger Vehicle (PV) market declined by 9.1% to reach 3 million units in FY 2020. The study estimates the market size of the Indian PV market, as well as segment forecasts up to 2024, with…
