BYD Plans $1 bln India EV Investment
Reuters sources say the world’s biggest maker of EVs and hybrids has submitted a $1 billion investment proposal to regulators. They say it wants to build electric cars and batteries there. That would be in conjunction with local firm Megha…
1C Charging Joins The EV Rush With Charging Solutions
India, as the world’s furth largest auto market, is fast emerging as one of the fastest-growing Electric Vehicle (EV) markets in the world too. The size of the industry is projected to grow from USD 3.21 billion in 2022 to…
Nio Leads the Way in Solid-State Batteries For Electric Vehicles
Chinese automaker Nio has become the first electric vehicle (EV) manufacturer to bring solid-state batteries to the mass market, announcing that its new ES6 SUV will be equipped with this advanced battery technology. The Rise of Solid-State Batteries Solid-state batteries…
Tesla Is Set To Conquer Untapped Electric Vehicle Car Market In India
Elon Musk-owned Tesla‘s long-awaited plan for India’s debut appears to be gaining momentum after a considerable delay. The company is reportedly planning to establish a massive factory in India, capable of producing 500,000 electric vehicle (EV) units annually. According to media…
Glida to Outlay INR 100 Crores For Installing EV Charging Stations Across India
Glida is available in 15 states, 6 highways with over 450 charging points spanned throughout various charging options comprising CCS, DC001 and Type 2. Fortum Charge & Drive India has transformed into a brand identity known as ‘Glida’. This was…
MG Motor Launches India’s First Pure-Electric Internet SUV – ZS EV Now With Autonomous Level-2 (ADAS)
MG Motor India, the British automobile brand with a 99-year-old legacy, today launched the enhanced variant of its ZS EV with Autonomous Level-2, (ADAS) at a price of Rs 27.89 Lakh valid for a limited time. The Autonomous Level-2, (ADAS)…
Audi In Talks To Buy Chinese Automaker SAIC’s EV Platform
Germany’s Audi is in talks with SAIC Motor Corp to buy an electric vehicle platform from the Chinese state-owned automaker, two people familiar with the matter said, an unprecedented effort to shore up market share. The move, coming as sales…
Fortum Rebrands EV Charging India Biz, Aims To Cater To One-Third EVs On Roads By 2030
Finland-based energy solutions company Fortum, which forayed into India’s EV charging infrastructure space in 2017, has rebranded its ‘Fortum Charge & Drive’ EV charging business. The company is switching to a new brand identity – Glida – and is in…
The SNB Capital EV Batteries Fund Succssfully Acquired A Stake In “SK ON” Amounted At USD 100mln
SNB Capital announces its successful acquisition of a stake in the Korean batteries manufacturer “SK ON” worth USD 100 million through its “SNB Capital EV Batteries” fund; a closed-end sharia compliant fund. SK ON is considered one of the largest…
Ampere Electric Scooter Crosses 2 Lakh Customers Milestone
Greaves Electric Mobility Private Limited (GEMPL), the E-mobility division of Greaves Cotton Limited, has achieved more than 200,000 secondary sales of its “Ampere” brand electric 2-wheelers as of the first quarter of fiscal year 2024. This achievement highlights Ampere’s commitment…
