Factbox-EV Makers Plug Into Tesla’s Charging Network
More electric-vehicle makers signed up to access Tesla’s charging infrastructure across the United States, potentially making the Elon Musk-led company’s superchargers the industry standard. Tesla’s North American Charging Standard (NACS) is more widely available and reliable than rival charging network…
China’s Luxury EV Automaker Zeekr Opens Orders For Customers In Sweden
Global electric mobility technology brand Zeekr is taking orders from customers in Sweden and the Netherlands for two new EVs, the Zeekr 001 luxury Shooting Brake and Zeekr X urban compact luxury SUV. Already an immediate success story in their…
Volkswagen Shares Recover After EV Production Cut Reports
Shares in Volkswagen inched higher on Wednesday, recovering slightly from a selloff the day before when the automaker played down reports it will cut EV output in Germany over the next two weeks because of lower than expected demand. Volkswagen “expects the…
Tesla China On Track To Hit Record Q2 Sales Even As Market Share Shrinks Amid Heated Rivalry
TSLA is gearing up to report its global second-quarter deliveries this weekend. Pointers are toward a record performance, with the electric vehicle maker’s key China market likely seeing marked strength. What Happened: Tesla’s second-quarter China sales may have increased 13% quarter-over-quarter to 155,000 units,…
Electric Vehicle Infrastructure Company RACEnergy Opens 10,000 Sqft Battery Facility In Telangana
Electric vehicle infrastructure company RACEnergy, specialising in battery swapping, inaugurated its new battery production facility spanning over 10,000 square feet, on Wednesday. The facility is equipped with a 50 Mwh battery production plant, enabling the manufacturing of 30,000 batteries annually….
Nio Energy And CNOOC Sign Agreement Improving Electric Vehicle Charging
Nio Energy and China National Offshore Oil Refining Company (CNOOC Refining) have signed a strategic cooperation framework agreement on Tuesday in Anhui province, eyeing to jointly build the electric vehicle charging and battery swapping infrastructure in the country. The initiative…
Kejriwal Opens 42 EV Charging Stations In Delhi
Delhi CM Arvind Kejriwal inaugurated 42 new electric vehicle charging stations, bringing the total in the city to 2,500. The new stations include 140 charging points and 48 battery swapping centres. Kejriwal said that since the introduction of the electric…
Electric Two-Wheeler Sales Set To Crash By Over 60 Percent In June 2023
The Ministry of Heavy Industries’ recent reduction of the FAME-II subsidy is severely impacting India’s electric two-wheeler growth. The number is likely to plummet back to the modest sales numbers of June 2022 – 40,000 to 45,000 units – according to industry analysts…
BYD India partners Bajaj Fin For Dealer Finance
Chinese electric vehicle maker BYD’s subsidiary BYD India has signed an initial pact with Bajaj Finance for access to finance to its dealers and customers in the country, the company said on Wednesday. The strategic partnership aims to provide comprehensive…
China EV Sales Defy Subsidy Cuts, Maintain Strong Growth in Q1 2023
China’s passenger electric vehicle* (EV) sales grew 29% YoY in Q1 2023, according to the latest research from Counterpoint’s China Passenger Electric Vehicle Model Sales Tracker. Battery EVs (BEVs) made up nearly 70% of the sales. There was a remarkable 88% YoY surge in plug-in hybrid EV (PHEV) sales…
