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Tag: Electric Vehicles
Based on the Most Recent Data, Karnataka Has Surpassed Delhi and Maharashtra to Become the Nation’s Leader With 5,059 Public Charging Stations-thumnail

Based on the Most Recent Data, Karnataka Has Surpassed Delhi and Maharashtra to Become the Nation’s Leader With 5,059 Public Charging Stations

Karnataka was the first state in India to introduce electric vehicle (EV) legislation in 2017, and it now has the highest number of public charging stations, according to statistics from

Business

Feb 15, 2024

FADA: India’s Auto Retails Grow 15% in January on Record PV Sales; CVs Face a Tough Q4-thumnail

FADA: India’s Auto Retails Grow 15% in January on Record PV Sales; CVs Face a Tough Q4

Based on yearly growth, the total retail vehicle market grew by 15% in January, according to FADA figures released on Tuesday. Commercial vehicles showed a 0.1% growth, and the auto

Business

Feb 13, 2024

Gujarat Aims to Become a USD 500 Billion Economy by 2026-27: CM Patel-thumnail

Gujarat Aims to Become a USD 500 Billion Economy by 2026-27: CM Patel

According to Gujarat Chief Minister Bhupendra Patel, his government has set a goal to grow the economy to USD 500 billion by 2026–2027 and contribute 10% of India’s GDP. In

Business

Jan 9, 2024

Over the Next Five Years, South Korea Will Provide $29 Billion to Support the Battery Industry-thumnail

Over the Next Five Years, South Korea Will Provide $29 Billion to Support the Battery Industry

As the global race to secure battery supply chains continues, South Korea will contribute 38 trillion won ($29 billion) in finance to enhance its battery industry over the next five

Business

Dec 13, 2023

India Proposes Import Tax Reduction on UK Electric Vehicles to Advance Free Trade Deal-thumnail

India Proposes Import Tax Reduction on UK Electric Vehicles to Advance Free Trade Deal

Introduction India is co͏nsidering a re͏duction in import taxes on certain electric vehicles (EVs) imported from the UK as par͏t of efforts to finalize a free-trade agreement between the two

Business

Nov 8, 2023

India to consider Tax cut if EV makers agree to manufacture in India-thumnail

India to consider Tax cut if EV makers agree to manufacture in India

India is currently in the process of formulating a fresh EV or electric vehicle policy, with a specific focus on reducing import taxes for automakers willing to engage in local manufacturing.

Automotive

Aug 25, 2023

BYD tells India partner it wants to drop $1 billion EV investment plan according to sources-thumnail

BYD tells India partner it wants to drop $1 billion EV investment plan according to sources

Following scrutiny from New Delhi over its investment proposal, China’s BYD informed its India joint venture partner that it would abandon plans for a new $1 billion investment to produce electric automobiles.

Automotive

Jul 28, 2023

Automakers launch US EV charging network to compete with Tesla-thumnail

Automakers launch US EV charging network to compete with Tesla

In an effort to compete with Tesla (TSLA.O) and to benefit from Biden administration subsidies, seven major automakers announced on Wednesday that they were establishing a new company to provide electric vehicle charging in the United States.

Automotive

Jul 27, 2023

EVCS seeks to raise $125 million for network expansion-thumnail

EVCS seeks to raise $125 million for network expansion

In order to expand its network of fast chargers eightfold by 2025 and take advantage of the U.S. government’s desire to increase EV adoption, electric vehicle charger operator EVCS is reportedly aiming to fund $125 million.

Business

Jul 25, 2023

Tesla CEO Elon Musk Plans Further Price Cuts Amidst Challenging Times-thumnail

Tesla CEO Elon Musk Plans Further Price Cuts Amidst Challenging Times

Tesla CEO Elon Musk recently announced plans for additional price cuts on electric vehicles as the company faces turbulent economic conditions, even as the price war on competitors begins to

Industry

Jul 20, 2023

The construction of VinFast’s US factory will begin next week-thumnail

The construction of VinFast’s US factory will begin next week

VinFast, a Vietnamese manufacturer, announced on Wednesday that it would begin building a $4 billion electric vehicle factory in North Carolina the next week as part of its effort to increase its presence in the American market.

Automotive

Jul 19, 2023

Tesla is in talks to establish a factory in India to produce electric vehicles starting at Rs 20 lakh, according to a report-thumnail

Tesla is in talks to establish a factory in India to produce electric vehicles starting at Rs 20 lakh, according to a report

Tesla has been meeting with industry executives in India in addition to interacting with the government. According to the Economic Times, Tesla is actively exploring the prospective creation of its

Automotive

Jul 13, 2023


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