China is shaping up to be the first real test of Big Tech’s ambitions in the world of carmaking, with giants from Huawei Technologies Co. to Baidu Inc. plowing almost $19 billion into electric and self-driving vehicle ventures widely seen as the future of transport. While Apple Inc. has long had plans for its own […]
Tesla Puts Brake on Shanghai Land Buy as U.S.-China Tensions Weigh: Sources
US electric car maker Tesla Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by US-China tensions. With 25% tariffs on imported Chinese electric vehicles imposed on top of existing levies under former President Donald […]
Ola Electric Car In The Works: Could Introduce EVs For Fleet & Private Buyers
Ola Electric is looking to enter the electric passenger vehicle segment in Indian and international markets as well. It has been confirmed about the brand’s entry into the electric two-wheeler space. Now, we have information that the brand is also looking to enter the electric four-wheeler space. The company is looking to enter the segment, […]
Electric car charging woes spark call for Highland Council to install more stations in capital
MORE electric vehicle charge points could be installed in and around the Highland capital, the local authority has said after eco-conscious motorists complained about a lack of public chargers. One Highland motorist, David Body, contacted the paper to complain that people with no easy way to charge their cars at home were being poorly served […]
Volkswagen ID.4 GTX EV announced: VW’s most exciting Electric car to date
The ID.4 GTX comes with two electric motors that produce more power and control through an all-wheel drive system. The company aims to increase EV sales by 70 per cent in Europe by 2030. Volkswagen has announced their first product that will come with the GTX badge, the ID.4 GTX. It will be the German […]
ABB may list electric car charging business, profit rises by a third
The maker of industrial robots and drives this month pre-announced an 11% rise in first-quarter revenues and improvement in its profit margin. ZURICH: ABB unveiled plans to possibly float its electric vehicle charging business on Tuesday as the Swiss engineering company returned to pre-pandemic levels of profit. The maker of industrial motors and drives reported […]
Huge global disparities in electric car ownership – study
Europe sold more new electrified vehicles than China for the first time in 2020 and between them the two markets are home to more than 70 per cent of the 9.9 million electrified cars sold so far, the study shows. LONDON: Europe and China dominate the world market for electric cars, but there are still […]
Electric Car: Mercedes takes fight to Tesla
“We set the bar very high,” with this car, Daimler Chief Executive Ola Källenius told reporters. “Customers in this segment expect a blend of hi-tech innovation and modern luxury and that’s what we’re trying to achieve with the EQS.” Daimler AG on Thursday unveiled the electric “sibling” of its flagship Mercedes-Benz S-Class luxury sedan, taking […]
Mercedes rolls out luxury electric car in duel with Tesla
The EQS is the first Mercedes-Benz vehicle to be built on a framework designed from the start as an electric car, rather than using components from an internal-combustion vehicle. FRANKFURT, Germany : Daimler AG on Thursday unveiled a battery-powered counterpart to its top Mercedes-Benz luxury sedan as German carmakers ramp up their challenge to electric […]
Race for electric vehicles: India plans to ramp up incentives
The Indian government is planning to ramp up incentives to spur electric car manufacturing investments in the country, reports say The year is 2023. A Singapore resident decides to buy a car. Not just any car but the latest electric vehicle (EV) produced by the new gleaming high-tech Hyundai factory in Jurong, an industrial town […]