Sunil Bohra, ED-Group CFO, UNO Minda Sunil Bohra, ED-Group CFO, UNO Minda, says: “Our total order book from the EV segment per se, which includes the EV components and also the existing components which goes into the EV vehicle, the order book stands at roughly like I would say INR 3,000 odd crore which we…
Scania and digital road freight forwarder Sennder Technologies have formed JUNA, a joint venture company to lead the way for electric solutions in road freight logistics across Europe. The joint venture, that just recently launched in Germany, aims to advance electric truck adoption to drive the transition towards a sustainable logistics industry, in line with…
A statement from TNSTC Madurai stated that the passenger movement would peak in the coming days in view of Diwali celebrated on November 12. Tamil Nadu State Transport Corporation Madurai Limited will operate 565 special buses before Diwali and 485 special buses after Diwali for the benefit of people travelling to and fro their native…
The increasing demand for batteries, coupled with geopolitical tensions, is exerting upward pressure on the prices of lithium, a primary component of EV batteries. Chinese battery player CATL led the EV battery market, with BYD and LG Energy Solutions trailing by some distance. Chinese battery suppliers held nearly two-thirds of the EV battery market as…
Continental reported earnings in line with consensus for the third quarter on the back of higher prices. Germany’s Continental expects a strong fourth quarter for its automotive business and higher growth in the global auto market this year than previously forecast, but said its outlook for next year is slightly more conservative. The multinational auto…
KG Mobility (KGM), known as SsangYong until last year, has announced it has partnered withChina’s BYD to gain access to its next-generation battery technology. BYD is now the world’s largest EV maker, after overtaking Tesla, and currently sells the Atto 3,Dolphin and Seal. It also produces its Blade Battery that is said to beat all…
China’s dominance of the supply chain for battery materials is undisputed at the moment, but other countries are making efforts to break free from it. That’s one of the main goals of the Inflation Reduction Act introduced in the United States last year, and it looks like South Korea is also working actively in this…
More than 9.4 million plug-in electric cars were sold during the first nine months of 2023, accounting for about 16 percent of the total car sales globally. Today, we will take a look at the largest manufacturers (automotive groups) of rechargeable cars. According to EV-Volumes data, shared by researcher Jose Pontes, five OEMs continued to…
The Chrysler brand has been in a rough spot for… well, a while now. What was once a full lineup of cars, often with cutting-edge design and technology, has been reduced to the Pacifica minivan, its hybrid variant, and the 300 sedan, which dates back to the Bush Administration. (Seriously, you can look it up.)…
With more and more electric bicycles hitting the roads, safety is becoming more of a concern, both for e-bike riders and other road users alike. While e-bike tech is generally heading towards a safer direction, third party manufacturers are continuing to push the envelope, coming up with technology that elevates e-bike safety even further. A…
