Electric Avenue

“This vision covers all aspects, including design, research, talent development, packaging and fabrication. In just over a year, we have made tremendous progress in all these areas,” he said. US chipmaker Micron broke ground for its USD 2.75-billion (INR22,854 crore) chip packaging plant at Sanand in Gujarat on Saturday, marking a significant milestone in India’s…

The 2024 Chevrolet Equinox EV will not start around $30,000 as GM promised in January 2022 when it first announced the electric crossover. The automaker is opening order books for the 2024 Chevrolet Equinox EV this week, revealing that prices range from $34,995 to $52,395, with the more expensive variants launching first. The new prices were…

Volvo Cars announced today that the all-new, all-electric Volvo EX30 model will be produced at its Ghent plant in Belgium starting in 2025. The decision to add a second manufacturing site after Zhangjiakou, China, where production started earlier this autumn, was made after receiving “strong demand” for the next-generation small electric crossover/SUV, the company explains….

Tesla has applied for a permit to build a cafeteria at its Texas Gigafactory complex to support its growing workforce, documents filed with the Texas Department of Licensing and Regulation reveal, as seen by Teslarati. According to the permit application form, Tesla listed the project under the “Cyber Cafeteria” name, hinting at yet another Cybertruck-inspired…

Even as the price of new electric cars continues to drop, $50,000 – which is roughly the average transaction price of a new electric car in the United States – is still a lot of money to spend on a car for a lot of people. So many people are turning to the used EV…

General Motors is returning to Europe with its sights set on the battery electric vehicle (BEV) segment, and the first car from its renewed portfolio to be sold on the Old Continent is the Cadillac Lyriq luxury crossover, which can now be ordered in Switzerland. Deliveries of the Lyriq are set to begin in the…

PAT stood at INR 5.2crore for Q1 FY24 compared to INR 5.8 crore in Q1 FY23, a decrease of 10.5%. Rane Brake Lining Limited,a leading manufacturer of Brake Linings, Disc Pads and Clutch Facings, Monday today announced financial performance for the first quarter (Q1FY24) ended June 30, 2023. Total revenue for Q1 FY24 increased by…