Electric Car

Battery electric vehicle production is projected to hit 377K units in 2025, says S&P Global Mobility

Electric car sales have slumped. Misinformation is one of the reasons

Improvements in the Belgian, Dutch and French electric-vehicle (EV) markets failed to offset a drop of almost 37 per cent in sales

Newly-listed Ola Electric has laid out a roadmap to profitability banking on higher volume, vertical integration of supply chain and in-house produced cells, while it has shelved plans to make electric car, according to company founder and CMD Bhavish Aggarwal. The company, which forayed into the electric motorcycle segment last week, will build products that Indians need, which are by a vast majority two-wheelers and three-wheelers, he said in an interaction with PTI editors at the agency's headquarters here. In the first quarter of this fiscal, Ola Electric's automotive segment EBITDA was almost break-even but for a one-time reversal of about Rs 30 crore it had to pay for a change in standard operating procedure in the government for PLI rules, he said, adding the cell segment is at a different stage of evolution. Ola Electric's net loss widened in the first quarter to Rs 347 crore, from Rs 267 crore in the corresponding period a year ago. In FY24, the company's net loss was at Rs

Spending on research and development has surged, tripling in the past decade and moving China into second place after the United States

In 2022, GM filed a petition with the National Highway Traffic Safety Administration seeking permission to deploy up to 2,500 self-driving Origin vehicles annually without human controls

The company sold 1,154,700 vehicles globally compared to 1,133,478 units last year, with almost three-quarters of that volume going to Europe

Vietnam's government said last year BYD had decided to build a factory to manufacture electric cars in the north of the country but those plans have slowed

The scheme provides a window of 120 days or more from the date of its notification to receive applications

Turkey's President Recep Tayyip Erdogan is expected to announce the deal on Monday during a ceremony in Manisa province

Elon Musk's team hasn't made any further inquiries with officials in New Delhi after the billionaire postponed a visit to India in late April

To improve the safety of electric vehicles, BIS has introduced new safety standards in the L, M, and N categories. Here's all you need to know

EVs accounted for 16 per cent of all light-duty vehicle sales in the U.S. in 2023

Xiaomi's strong entry into China's crowded EV market is set to further upend the world's largest auto market, where companies have been locked in a fierce price war amid weakening demand

The US EV firm had demanded tariff cuts, concessions as a prerequisite for investment

Electric vehicle maker EKA Mobility on Wednesday said it has entered into a partnership with Japan's Mitsui & Co., Ltd and VDL Groep of the Netherlands with a proposed joint investment of over USD 100 million (around Rs 850 crore) in phases. Under the cooperation, EKA Mobility will receive significant and strategic investments from Mitsui and technological support and an equity partnership from VDL Groep, a leading Dutch technology firm, the company said in a statement. It, however, did not elaborate on the financial details of the partnership. "With a joint investment of over USD 100 million in phases, the cooperation will position India as the global manufacturing and sourcing hub for electric vehicles," the statement said. EKA Mobility Founder & Chairman Sudhir Mehta said, this partnership represents a significant step toward making India a global hub for electric vehicle manufacturing. Mitsui & Co India GM Mobility Business Division, Nobuyoshi Umezawa said, "Through ..

China's best-selling car brand came within a whisker of toppling Tesla last quarter after factory downtime led to the US automaker's first delivery decline in more than a year

They have applications in several fields, including wearable medical devices and biomedical sensors

EV financing platform Revfin Services on Friday said it has secured USD 5 million funding from the United States International Development Finance Corporation (DFC). The investment is part of DFC's portfolio for impact and innovation and seeks to promote inclusive financing for EV adoption in India, Revfin said in a release. The freshly infused capital will be deployed for new products and in expanding company's footprint, it stated. Revfin said it plans to finance two million electric vehicles in the next five years. According to the company, it has already invested in over 21,800 electric three-wheelers and funds from DFC will further bolster its growth plans, which include new products by diversifying into two-wheelers for last-mile deliveries, four-wheelers for mid-mile cargo delivery, and ride-share taxis. "The EV industry in India has tremendous potential and also provides good employment prospects. The growth of the industry is restricted due to the limited financing option

Despite a massive initial public offering in November 2021, the price of Rivian's shares has dropped by about 90 per cent as of Tuesday's closure