Tag: Electric Vehicle (EV)

‘New EV manufacturing policy aims to attract global players and domestic value addition’

A maximum of 40,000 EVs at the rate of not more than 8,000 per year would be permissible if the investment is $800 million or more.

March 16, 2024

New govt scheme key to incentivise adoption of electric mobility: EV players

The policy fixes a minimum investment of Rs 4,150 crore for foreign companies who want to set up electric vehicle manufacturing facilities in the country.

March 15, 2024

Hyundai Motor’s sales up 6 pc in US due to hybrids, EVs

It sold a total of 60,341 units in the world's largest auto market last month, compared with sales of 57,044 units a year earlier.

March 2, 2024

EV maker Rivian to lay off 10% of staff to cut costs

The company announced the latest job cuts in its 2023 fourth-quarter (Q4) earnings call.

February 22, 2024

Tesla recalls more than 2 mn vehicles in US over warning lights issue

Tesla has started releasing an over-the-air software update free of charge to fix the issue.

February 3, 2024

EV sales growth may be ‘notably lower’ in 2024: Tesla

The electric car company registered a record delivery of 1.8 million EVs in 2023.

January 25, 2024

Time for India to move into top gear with an eye on 2030 EV public infra goal

India’s top nine cities, with a population of over 40 lakh each, would require 18,000 public EV charging stations by 2030, according to the recent government data.

January 7, 2024

How Tesla can be able to produce a Rs 20 lakh EV for Indian masses

The announcement by Musk to manufacture in India is likely to be made in the presence of Prime Minister Narendra Modi at the flagship event, although the government or Musk are yet to make this mega news official.

December 30, 2023

GM stops selling Chevy Blazer EV after ‘software quality issues’

The company said, “It is aware that a limited number of Blazer EV owners have experienced some software quality issues."

December 24, 2023

India may see 1 cr EV sales per year by 2030, says govt

As per the Vahan database, 34.54 lakh EVs are already registered in the country, said the minister during the 19th EV EXPO 2023.

December 23, 2023