HAMBURG : Volkswagen Chief Executive Oliver Blume is reviewing whether to stick to a plan to build a new plant to assemble its Trinity electric vehicles (EV) or to use its existing Wolfsburg factory, a source told Reuters on Thursday. Volkswagen, the world’s second-biggest carmaker, had planned to start building the 2-billion-euro ($2.06 billion) factory […]
Switch Mobility to invest Rs 1,000 crore in electric vehicle plant – EQ Mag Pro
Switch Mobility, the electric vehicle arm of Ashok Leyland, will likely be investing ₹1,000 crore in a devoted EV plant in South India and the folks in the know stated it was seemingly to be in the state of Tamil Nadu, on the outskirts of Chennai. The plan is to arrange 30,000 models of E-LCV […]
Indian company to set up electric vehicle plant in Bangladesh
An Indian company Omega Seiki will set up an electric vehicle plant in Bangladesh. The manufacturing unit will be set up near Dhaka with an investment of Rs. 100 crore. It is the first project of any Indian company producing Electrical vehicles in the international market. The project will be a modern greenfield facility and […]