Ashok Leyland to Deliver 180 Electric Vehicles to Billion Electric Mobility
The delivery includes BOSS trucks and AVTR 55T tractors with advanced features like dual-gun charging and Advanced Driver Assist Systems.
China Leads Global Cleantech Boom with $100B in Overseas Investments: Report
Chinese firms have invested over $100 billion across 130 cleantech companies globally, reported German research firm Climate Energy Finance.
India’s EV Ambitions Take Flight as Ultraviolette Exports F77 to EU
The exports of the made-in-India electric motorcycle will strengthen the country’s position in the global EV industry, the company said.
Govt Approves $1.29B PM Electric Drive Scheme To Push Clean Transportation
The new scheme will incentivize electric vehicle buyers, facilitate public transportation and install EV charging stations across selected cities.
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.
Trade War: US To Introduce New Tariffs On Chinese EVs
The official announcement is scheduled for Tuesday. The specifics remain undisclosed and the White House declined to comment.
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.
The Price War on Batteries to Reduce the Cost of EVs
China’s CATL, the world’s largest manufacturer of batteries for electric cars, plans to halve its battery costs this year, igniting a price war with Chinese Car maker BYD’s subsidiary FinDreams.