The battery push comes as India is looking to increase adoption of less polluting transport. India is planning to invite bids for an 80 billion rupees (USD 960 million) incentive program for production of electric vehicle batteries, according to people familiar with the matter. The program will require winning bidders to set up advanced chemistry…
Continental will provide a full strategy update at its capital markets day on Dec. 4, the statement said. German car parts manufacturer Continental said on Monday it would cut thousands of jobs in its automotive division worldwide as part of a plan to save 400 million euros (USD 428 million) a year from 2025. The…
EG Group, a British operator of fuel stations, announced today that it will acquire Tesla’s electric vehicle ultra-fast chargers for its evpoint business. According to the company, its rapidly growing charging network currently consists of more than 600 chargers across 189 sites, while the goal is to deploy more than 20,000 chargers across about 3,600…
Canoo this week unveiled a civilian spinoff of the electric pickup truck it delivered to the U.S. Army last year for evaluation. Dubbed the American Bulldog, the pickup is based on the Canoo Light Tactical Vehicle which, when first shown nearly a year ago, featured dual-motor all-wheel drive and 600 hp, plus Kevlar armor, a…
Fisker, the California-based startup behind the Ocean all-electric SUV, has more models in the pipeline and it’s looking at legacy automakers to help build them, according to Reuters. As per the news agency, who spoke with founder and CEO Henrik Fisker, the American marque needs some heavyweight partners to scale production of its upcoming EVs…
Electric cargo bikes are celebrated for their practicality and versatility. In fact, some people find them so useful that they’re using electric bikes instead of their cars when it comes to daily commuting in and around the city. While e-bikes in general are picking up steam at an unprecedented rate, electric cargo bikes are a…
Ford, LG Energy Solution (LGES), and Koc Holding’s joint venture EV battery cell factory near Ankara, Turkey will not materialize due to market uncertainty. Ford‘s long-term partner, Turkey’s Koc Holding, announced that it has revoked an earlier agreement to build the battery plant for commercial electric vehicles, which are produced locally. Let’s recall that the…
Everybody knows that electric vehicles are generally quieter than combustion cars, thanks to not having millions of explosions going on under the hood. But Volvo, with its all-new EM90 electric minivan, wants to take quietness to the next level, or at least that’s what we’re getting from the official press material. Unveiled in all its…
The big bet for new growth is on the obvious growing electrification megatrend. Seen as a “gold mine”, Kinetic Engineering has developed a rigid axle, or a transaxle solution for some EVs. New Delhi: Last week, component maker Kinetic Engineering announced a net profit INR 1.7 crore for April – September 2023, which the company’s…
eVTOLs are generally able to carry two to five people, including a pilot. InterGlobe Enterprises (IGE), the promoter of India’s largest airline IndiGo, has tied up with a California-based electric vertical take-off and landing (eVTOL) vehicle startup Archer Aviation to launch an electric air taxi service in India by 2026. What’s the plan and what…
