New Delhi: Elon Musk is coming to India for the first time to spend at least 48 hours in the country later this month. As all eyes are on what the billionaire would announce during his meeting with Prime Minister Narendra Modi and industry leaders, Tesla lovers have only one question: When will they finally … Read more
Bengaluru: Global EV company Ultraviolette Automotive on Tuesday announced an industry-leading battery and drivetrain warranty structure for its flagship electric motorcycle called F77 that offers coverage spanning up to 800,000 kms. The new warranty initiative includes three packages — UV Care, UV Care+ and UV Care Max. While the km coverage on UV Care and … Read more
New Delhi: The rise in EV battery manufacturing, alongside the ‘Make in India’ initiative, will lower manufacturing costs and boost EV sales in the country, according to industry experts. According to Liz Lee, Associate Director at Counterpoint Research, India’s EV landscape is on the cusp of significant growth. “Government initiatives such as the PLI scheme … Read more
New Delhi: After the Prime Minister Narendra Modi-led government approved a new electric vehicle (EV) policy to attract investments in the EV space by global manufacturers, Tesla is reportedly sending a team this month to search for locations in the country for a $2-3 billion plant. According to a report in The Financial Times on … Read more
Mumbai: Tata Power on Wednesday said it has achieved over 1,000 of its EV charging points in Mumbai which are powered by green energy. Tata Power said that it has outlined a plan to expand its green energy footprint to an additional 4,000 charging points across Maharashtra, in a phased manner. Currently, Mumbai is equipped … Read more
Seoul: South Korea’s top automaker Hyundai Motor said on Saturday that it recorded a 6 percent increase in its sales in the United States last month. It sold a total of 60,341 units in the world’s largest auto market last month, compared with sales of 57,044 units a year earlier. The gain was led by … Read more
New Delhi: Global technology brand Xiaomi on Thursday announced its entry into the automotive industry by unveiling its long-awaited first electric vehicle. The company launched two EVs — XiaomiSU7 and XiaomiSU7Max. “#XiaomiSU7 makes a significant Stride as Xiaomi expands from the smartphone industry to the automotive sector, completing the Human x Car x Home smart … Read more
New Delhi: The country may see 1 crore electric vehicle (EV) sales annually by 2030, generating nearly 5 crore jobs, Minister of Road Transport and Highways, Nitin Gadkari, has said. As per the Vahan database, 34.54 lakh EVs are already registered in the country, said the minister during the 19th EV EXPO 2023. The country … Read more
New Delhi: The global passenger battery electric vehicle (BEV) unit sales increased by 29 per cent (year-on-year) in the third quarter this year, a report showed on Monday, adding that annual BEV sales are expected to reach almost 10 million in 2023. Although China maintained its position as the top global market for BEVs, the … Read more
