Delay in expansion plans as we want right partner for EV business: Ashok Leyland

Delay in expansion plans as we want right partner for EV business: Ashok Leyland

The city-headquartered company of the Hinduja Group is planning to raise around $200-250 million to support its electric vehicles (EV) arm — Switch Mobility The city-headquartered company of the Hinduja Group is planning to raise around $200-250 million to support its electric vehicles (EV) arm — Switch Mobility Hinduja Group flagship Ashok Leyland is in […]

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Mercedes-Benz to unveil 3 luxury EVs in 4 months

Mercedes-Benz to unveil 3 luxury EVs in 4 months

German luxury carmaker Mercedes-Benz has announced an “aggressive” roll-out plan for electric vehicles (EVs) In India to sharply grow its EV offerings. The company said it aims to have 25% of total sales in India from electric vehicles in five years. As part of this strategy, the company announced the introduction of three new EV models […]

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Hyundai unveils ‘IONIQ 6’ electric sedan in a bid to take on Tesla

Hyundai unveils ‘IONIQ 6’ electric sedan in a bid to take on Tesla

The automaker is eyeing a larger slice of the EV market with its new electric sedan, which offers an array of features and advanced technologies The automaker is eyeing a larger slice of the EV market with its new electric sedan, which offers an array of features and advanced technologies Hyundai Motor Co. unveiled its […]

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Global electric car shipments rise amid automotive supply chain issues, report says

Global electric car shipments rise amid automotive supply chain issues, report says

Worldwide EV shipments expanded 79% to 1.95 million units in Q1 2022, compared with the previous year Worldwide EV shipments expanded 79% to 1.95 million units in Q1 2022, compared with the previous year The global electric vehicle (EV) shipments grew in the first quarter of 2022 amid automotive supply chain issues, according to market […]

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Tesla plays ‘whack-a-mole’ with snags as deliveries fall for first time in two years

Tesla plays ‘whack-a-mole’ with snags as deliveries fall for first time in two years

Tesla said on Saturday it delivered 2,54,695 vehicles in the second quarter, down about 18% from the first quarter Tesla said on Saturday it delivered 2,54,695 vehicles in the second quarter, down about 18% from the first quarter Tesla Inc faces a series of hurdles ranging from production snags to rising inflation that may hit […]

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China’s CATL to produce next-generation EV battery in 2023

China’s CATL to produce next-generation EV battery in 2023

CATL’s new battery, called Qilin, will boost volume utilisation rate to 72%, the world’s highest, versus 50% for its first generation launched in 2019 CATL’s new battery, called Qilin, will boost volume utilisation rate to 72%, the world’s highest, versus 50% for its first generation launched in 2019 Chinese battery giant CATL will start mass […]

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Musk says Tesla’s new car factories ‘losing billions of dollars’

Musk says Tesla’s new car factories ‘losing billions of dollars’

He said its Berlin factory is in a “slightly better position” because it started with using the traditional 2170 batteries for cars built there He said its Berlin factory is in a “slightly better position” because it started with using the traditional 2170 batteries for cars built there Tesla Inc’s new car factories in Texas […]

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Tata Motors unveils Nexon EV Max with 437 kms range

Tata Motors unveils Nexon EV Max with 437 kms range

Tata Motors Limited on Wednesday introduced the new Nexon EV MAX, at a starting price of ₹17.74 lakh (ex-showroom all India). This new offering is for customers who are looking for longer intercity travel, the company said. Equipped with a 40.5 kWh Lithium-ion battery pack, the Nexon EV Max offers 33% higher battery capacity, delivering […]

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