Tata Motors Races Towards Record Electric Car And Suv Sales In Fy2024
Today, September 9, is World EV Day. Two days ago, on September 7, Tata Motors revealed the Nexon.ev, its next-gen iteration of the Nexon EV, the best-selling electric passenger vehicle (e-PV) in India which has also helped make the Nexon the…
BMW Expects Higher China Sales In 2023, Finance Chief Says
BMW expects to sell more cars in China this year despite a local price war in the electric vehicle (EV) segment, and muted demand overall, the luxury carmaker’s chief financial officer (CFO) said at the IAA car show in Munich. …
Chinese EV Maker Nio Forecasts Sales Boom In Third Quarter As Demand For Smart Battery-Powered Cars Recovers
Chinese EV start-up Nio predicts its third-quarter deliveries will soar by as much as 80 per cent as it becomes the latest major electric-car builder on the mainland to benefit from a release of pent-up demand. The Shanghai-based company said in a…
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…
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…
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…
China To Be centre Of Mercedes-Benz 2025 EV Sales Drive, Automobilwoche Says
Mercedes-Benz is making China, the world’s top auto market, central to its next electric vehicle (EV) campaign starting in 2025, its CEO told German magazine Automobilwoche. “To do this, we must master electric propulsion just as perfectly as digitalisation. That’s…
Overcapacity In China’s EV Battery Industry To Reach Four Times Demand By 2025
China’s electric vehicle (EV) battery industry will face severe overcapacity in the next two years, which could lead to the closure of many small players, according to analysts. Chinese battery manufacturers, which number close to 50, will be able to…
Tesla Offers New China Rebate As Price Cuts Rock EV Market
Tesla on Friday offered a new incentive to boost electric vehicle sales in China as it notified some workers making battery packs at its Shanghai complex of layoffs, according to a company announcement and a worker who had received the…
