Ford in March said it was boosting its spending on EVs to $50 billion through 2026, up from $30 billion previously. Ford Motor Co on Thursday said it will invest $3.7 billion in assembly plants in Michigan, Ohio and Missouri for production of both electric and gasoline-powered vehicles. Ford said $2.3 billion of the total […]
These delivery vehicles, which are to be deployed pan-India by this fiscal-end, are being leased/sourced by the company from various domestic original equipment makers (OEMs), Zyngo EV Mobility said in a statement. Tech-enabled third-party logistics service provider Zyngo on Tuesday said it will deploy over 18,000 electric vehicles for last-mile delivery in the country as […]
Research VP Peter Richardson said that increased EV adoption will not, by itself, contribute to the goal of reducing overall vehicular pollution. Led by China, one in two cars will have an electric powertrain by 2030, a new report showed on Monday. The electric powertrain includes main components that generate and deliver power to the […]
Tata Nexon EV Max and MG ZS EV might not be precise rivals as a result of each carry considerably completely different value tags. However with nonetheless restricted EV choices within the mass-market section, potential clients are doubtless to take a look at each. Nexon EV Max from Tata Motors is the most recent electrical […]
Mahindra & Mahindra is planning to launch the fully electric version of its XUV300 SUV in the Indian market by early 2023, reports PTI. Mahindra and Mahindra may soon join the electric vehicle market in India as the home-grown auto major plans to launch the fully electric version of its XUV300 SUV in the first […]
EV starup Simple Energy today announced the test ride schedule for its flagship electric scooter, Simple One. The test rides will be conducted in 13 cities across India. According to the schedule provided by the company, the first phase of test rides will begin on the 20th of July in Bengaluru, followed by Chennai, Hyderabad, […]
German luxury carmaker BMW aims to introduce multiple models to lead the charge in the electric vehicle segment in the country, said a top company official. President of BMW India Vikram Pawah told ET customer acceptance of electric vehicles has been better than expected and the company expects 10% of its demand to come from […]
The BMW i4 is launched in the country at a starting price of Rs 69.90 lakh (ex-showroom) and gets highest-in-India electric range of 590 km (WLTP) on a single charge. Of late, the Indian luxury car market has seen a host of EV launches drooling the electric car enthusiasts. Most of them have been from […]
Investors rushed to check off their ESG-friendly holdings, happily backing anything that seemed tech-y and green. They appeared to ignore the basic requirement of a manufacturing company: Can it actually make the product? It’s about time investors were hit with the reality about electric vehicle startups. But what do tanking shares mean for the much-hyped, […]
The government is mulling converting 10 percent of 60,000 vehicles that are plying on the road presently into electric-driven in the next five years. Agartala: In a bid to save fuel and curb pollution in the state, the Tripura government has inducted Tripura Electric Vehicle Policy 2020 to promote electric vehicles. As per a report […]