Tesla will set up an electric-car manufacturing unit in the southern Indian state of Karnataka. Tesla is exploring an arrangement with Indian conglomerate Tata Sons’ power generation unit, Tata Power, to set up charging infrastructure for electric vehicles in the country, CNBC-TV18 reported on Friday, citing sources. Shares of Tata Power rose 5.5 percent to […]
High battery costs result in expensive insurance premiums for electric vehicles
The costliest component to be insured in an electric car is the battery, which accounts for 40-60 percent of the vehicle’s price. Twenty-one new electric car models are going to be rolled out in 2021. In 2020, 3,400 electric cars and 1.52 lakh electric two-wheelers were sold in India, as per data from the Society […]
How Europe became world’s biggest electric-car market and why it might not last
European consumers are buying electric cars at a faster pace than ever, encouraged by government subsidies and the availability for the first time of models built by their favorite brands. The boom is so strong that Europe passed China as the world’s largest electric-vehicle market last year. Its share of new electric-car sales nearly doubled […]
Upcoming Maruti Rs 7 Lakh Electric Car
Maruti for a long time has been planning to introduce its EV line-up with the WagonR. But recently, many platforms made claims of Maruti scrapping the plan and not introducing the WagonR EV. On the contrary, we are sceptical that Maruti would scrap an important plan just like this because Maruti has said in the […]
UK needs to install electric car chargers five times faster to hit goals
EV charger installations in UK need to increase to 35,000 points a year, from 7,000 now, according to a report by the Policy Exchange think tank. Getting the charging infrastructure ready quickly enough is a challenge around the world. Britain will need to install electric-vehicle charging points five times faster during this decade to prepare […]
BMW to Use World’s First Solar-Made Aluminum
BMW AG and Emirates Global Aluminium PJSC have struck a deal for the first aluminum produced using solar power, a milestone for both their energy-intensive industries. The Middle East’s biggest aluminum maker will supply 43,000 metric tons per year of solar aluminum to the German carmaker in a deal worth at least 100 million euros […]
GM teams up with Microsoft as electric car market revs
Ives and others think Apple is poised to begin putting its technology to work in self-driving, electric cars although the iPhone maker has remained mum on the subject San Francisco : General Motors announced an alliance Tuesday with Microsoft on its Cruise autonomous driving venture, combining forces to challenge Tesla and others in an electric […]
Tata Nexon EV Was The Most Sold Electric Car In India In 2020
The Tata Nexon EV has no direct rival in the Indian market as of now, which is also one of the reasons for its sheer dominance in the EV space The ongoing and rising global transition from ICE vehicles to EVs has resulted in a range of electric cars being launched in the Indian market […]
Volkswagen triples electric car sales ahead of climate rules
Including hybrids, which combine an internal combustion engine and an electric motor, sales of electrified cars reached 212,000, up from 82,000 in 2019 FRANKFURT, Germany: Europe’s push into electric cars is gathering speed – despite the pandemic. Automaker Volkswagen tripled sales of battery-only cars in 2020 as its new electric compact ID.3 came on the […]
LG and Magna announce billion dollar joint venture in electric car gear
The joint venture, tentatively called LG Magna e-Powertrain and valued at $1 billion, will manufacture e-motors, inverters and onboard chargers, according to LG Electronics TORONTO/SEOUL : South Korea-based LG Electronics Inc and automotive supplier Magna International Inc are launching a joint venture that will make key components for electric cars, the companies announced on Wednesday.The […]