Norway’s First Wireless EV Charging Road Paves Way for Sustainable Future
This groundbreaking infrastructure, featuring specialized copper coils beneath the road, is a unique solution that transfers the generated electromagnetic field to compatible vehicles as they drive over the charged road.
Chinese Solar Cell Giant Drinda to Build Massive Factory in Oman
Drinda’s wholly-owned subsidiary, JTPV, a prominent independent cell supplier listed on the Shenzhen Stock Exchange, will spearhead the factory’s construction.
JLR to Develop EV in China: Inks Pact with Chery
JLR will license its Freelander brand, a Land Rover vehicle successfully produced from 1997 to 2015, for use in a new line of mainstream EVs.
Tata Motors to Invest ₹18,000 Crore in EV Division till 2030
With this investment, the company plans to achieve a 20% market share in the Indian passenger vehicle market by FY30.
Indian EV Company Wardwizard bags $1.29 billion order from Philippines
The agreement, signed through a Memorandum of Understanding (MoU), will see WIML supply the Philippines with its existing electric two-wheeler and three-wheeler models.
Kia Unveils New EV3 Electric SUV with 600km Range
This compact SUV is scheduled for a South Korean launch next month, with European markets following by late 2024.
Tesla Seeks Investment Boost; Musk Courts Buffett
On social media, Musk responded to a suggestion that Berkshire Hathaway, Buffett’s investment firm, should shift its holdings from Apple to Tesla. Musk called it an “obvious” move for the value-oriented investor.
Hyundai Plans Hybrid SUVs Launch by 2027 in India
The decision comes as Hyundai, along with its subsidiary Kia, sees a growing demand for hybrid technology in India.
The World’s EV Fleet Continues to Grow Strongly, with 2024 Sales Set to Reach 17 Million: IEA
This represents a continuation of the robust growth witnessed in the first quarter, where sales jumped 25% compared to the same period in 2023. Notably, the number of electric cars sold in the first three months of 2024 is already roughly equivalent to all the electric car sales in 2020.
Hyundai and Kia Partner with Exide for Local EV Battery Production in India
Hyundai and Kia aim to localize their EV battery production in India, with a particular focus on Lithium-iron-phosphate (LFP) cells.