Musk Says After Meeting Modi, Tesla Coming To India
After hearing Prime Minister Narendra Modi`s “Make in India” pitch, Tesla CEO Elon Musk has announced a change of plans, saying that his electric vehicle and battery company will now come to India “as soon as it is humanly possible”….
The Challenge Of Dealing With Old Electric Vehicle Batteries
Nam Juny spent three decades exporting used Korean vehicles and car parts all around the world before spotting an opportunity in the nascent global battery market. In 2018, the 57-year-old scrapyard owner, a veteran of defunct conglomerate Daewoo’s trading division,…
Polestar (PSNY) Forms Software Alliance To Develop Its Own In-Car OS For China
Polestar’s (and Volvo’s) parent company Geely bought a majority stake (79.9%) in Meizu, a Chinese electronics company, last year as the company looked to expand its digital platform offerings. Meizu was once one of China’s most popular smartphone makers and known as…
Trading Enterprises Volvo Cars Introduces ‘Volvo at The Galleria’
Al-Futtaim’s Trading Enterprises, the official representative of Volvo Cars in the UAE, is launching a unique automotive retail concept at The Galleria Al Maryah Island, Abu Dhabi, Volvo at The Galleria. Volvo at The Galleria will offer existing and prospective…
Copper And Silver Components In Electric Vehicle Demand Is Projected To Increase At A 15.1% CAGR Between 2023 And 2031
The global copper and silver components in electric vehicles is likely to reach $9.3 billion by 2031. By 2031, market projections suggest the global market will grow by 15.1% CAGR. More than 20 million electric vehicle charging points are expected to…
Uber Pilots Electric Cab Offering In India
Uber has started offering electric vehicles to customers in certain parts of the Delhi-NCR region and says it will be expanding its efforts over the coming months. The electric cabs are currently only available for pre-scheduled trips. “As the leading…
Ford Chairman Says US Can’t Yet Compete Against China With EVs
Ford Motor Co Executive Chairman Bill Ford Jr said the US is “not quite yet ready” to compete with China in the production of electric vehicles and said his company is taking an “all hands on deck” approach to prepare. …
Tata’s Agratas To Supply Battery Packs For Jaguar Land Rover Electric Cars
Jaguar Land Rover (JLR) has recently revealed its battery sourcing strategy for its next-gen electric cars that target a driving range of about 724 kms (450 miles) in single charge. The automaker has reportedly told its investors that it is…
M&M Opts Out Of Below Rs 10 Lakh Electric Segment
The passenger EV market has seen two sub Rs 10 lakh launches by as many companies in six months. With prices in the same band as compact sedans and premium hatchbacks, Tata Motors’ Tiago EV and MG Motor’s Comet are…
In Race Against Fuel Challenges, Schneider Electric Canvasses Adoption Of EVs
As the demand for sustainable transportation solutions rises, Schneider Electric has emphasised the need for the adoption of Electric Vehicle solutions to alleviate future fuel challenges. Ajibola Akindele, country president of Schneider Electric highlighted the firm’s commitment towards providing a reliable and…
