Electric Vehicles

Hyundai developing mass-market electric vehicles for Indian roads

HMIL MD and CEO SS Kim said the auto industry would not be impacted much even with vehicle prices going up due to adoption of new regulatory mechanisms. NEW DELHI : Hyundai Motor India Ltd (HMIL) expects new product launches to help the company sustain sales momentum next fiscal even as it sees short-term challenge […]

Electric Vehicles

Tata Nexon EV test drive: The SUV brings affordable state-of-the-art electric mobility to India

January 22, 2020 Anand Gupta

Tata Nexon EV Design Tata has given the regular Nexon a facelift to time with the move to cleaner BS6-compliant engines. This Nexon EV is a slightly modified version of that. While the overall silhouette is the same, the front looks quite sophisticated, with a more squarish look. The grille is adorned by a piano […]

Electric Vehicles

Maruti’s concept electric SUV to be premiered at Auto Expo

January 22, 2020 Anand Gupta

While the car is a concept and showcases MSI’s way forward on developing electric cars, the carmaker said that with Futuro-e, it is going away from the conventional design language and it is experimenting to bring a complete new offering for customers. As automakers are steadily lining up their products in the electric vehicle category, […]

Electric Vehicles

Tesla crosses $100 billion stock market valuation in extended trading

January 22, 2020 Anand Gupta

Tesla Inc became the first $100 billion publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall Street’s confidence in an all-electric future. The milestone comes less than a month after Tesla’s stock crossed $420, the infamous price at which Chief Executive Officer Elon Musk had tweeted he would take the […]

Electric Vehicles

Budget 2020: Powering up electric vehicles by extending subsidy benefits of FAME-II to e-Bikes

January 21, 2020 Anand Gupta

Union Budget 2020 India: In its annual review, the IMF said that declining consumption and investment accompanied by falling tax revenue have arrested India’s once surging GDP growth. Union Budget 2020 India: The 2019 Union Budget was a landmark one for electric mobility. Not only was GST on electric vehicles (EVs) slashed to 5%, the […]

Electric Vehicles

Tata Motors is confident EVs will sell; here’s why

January 21, 2020 Anand Gupta

Tata Motors believes the stricter BS VI emission norms that come into effect from April 1 will act as an additional enabler towards EVs The new decade is young but with electric vehicle launches flying in thick and fast, India’s largest auto manufacturer Tata Motors believes EVs can corner up to 12 per cent of […]

Electric Vehicles

German Solar Car Startup Sono to Stay in Business After Crowdfunding Success

January 20, 2020 Anand Gupta

Sono Motors GmbH, the embattled German startup working to serially produce a solar-charged electric car, said it’s achieved a crowdfunding goal that will let the company stay in business. The sum passed its 50 million euro ($55 million) goal Saturday, the Munich-based company announced in a tweet. It had hoped to raise the amount by […]

Electric Vehicles

A new electric pickup truck will beat Tesla’s Cybertruck to market

January 18, 2020 Anand Gupta

A new electric pickup truck will beat Tesla’s Cybertruck to market. Here’s why Lordstown Motor’s Endurance could be a major threat Lordstown Motors has revealed its all-electric pickup truck, the Endurance. The automaker isn’t the only company attempting to enter the electric pickup truck market: Tesla, Ford, Bollinger Motors, and Rivian have all announced their […]

Inside BYD Co.’s Vehicle Assembly Plant and Headquarters

Electric Vehicles

N.J. Governor Signs Bill Giving $5,000 Rebates for Electric Cars

January 18, 2020 Anand Gupta

New Jersey Governor Phil Murphy has signed a bill that represents the state’s most ambitious strategy to promote electric vehicles. New Jersey, where transportation accounts for about half of greenhouse gas emissions, joins about a dozen other states that have targets for electric-vehicle adoption. The bill calls for 2 million plug-in electric vehicles by 2035, […]

Electric Vehicles

EPF Act: Contractual Employees Engaged By A Company Entitled To Provident Fund Benefit: SC

January 18, 2020 Anand Gupta

EPF Act: Contractual Employees Engaged By A Company Entitled To Provident Fund Benefit: SC [Read Judgment] The Supreme Court has observed that contractual employees engaged by a Company, who draw their wages/salary directly or indirectly from the Company, are entitled to the benet of provident fund under the Employees’ Provident Funds and Miscellaneous Provisions Act, […]

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