Tata Electric Vehicle Unit Gears Up for $1-2 Billion IPO
This follows TPEML’s successful securing of $1 billion in funding from TPG in January 2023 as part of its ambitious $2 billion investment plan for the EV segment by 2026.
Indians Prefer Hybrid Cars Over EVs, Says Deloitte Study
Despite EV’s appeal for lower fuel costs and emissions, concerns about charging time, range, and infrastructure remain significant hurdles.
“Tesla Killer” BYD to Launch Seal EV; Tata Motors Reduces EV Prices
The Seal EV joins BYD’s existing electric vehicle lineup in India, which includes the Atto 3 electric SUV and e6 MPV
Sajjan Jindal’s JSW to Invest Rs 40,000 cr in Odisha to Set Up EV Plant
This endeavor includes the establishment of a 50 GWH EV battery plant, EV manufacturing facilities, a lithium refinery, a copper smelter, and ancillary component production units.
JUNA, a JV by Scania and Sennder to drive large-scale electric truck adoption in Europe
– JUNA combines Sennder’s technology with Scania’s premium electric trucks to create a pay-per-use model.
– This model offers transport companies access to electric truck solutions and guaranteed capacity and load through Sennder’s digital platform.
– It eliminates upfront costs and concerns about the resale value of electric trucks.
India’s Green Mobility Push With 10,000 E-Buses
Under the ‘PM-eBus Sewa’ initiative, the Union Cabinet has approved introduction of 10,000 E-buses in 169 cities
Hybrid Cargo Vessels To Drive The Electric Ship Industry
The future of the electric ship industry lies with hybrid cargo vessels, says a report.
Cutting-edge Batteries to change the EV market
Batteries to support over 1000 km in a single charge are becoming a reality.
Rising Reliance on Lithium Could Lead to Supply Chain Bottlenecks
The growing dependence on lithium-based technologies might create supply-chain bottlenecks for lithium in the near future due to the soaring demand for electric vehicle (EV) batteries
Mercedes-Benz Launches E-Trucks In Hongkong
Mercedes-Benz has launched two new e-trucks in Hongkong to support the country’s carbon-neutral commercial transportation initiative.