Page 10 - Electric Cars

Will tweak strategy to maintain electric, autonomous push: Volkswagen CEO

Volkswagen will tweak its strategy to maintain investment momentum for developing electric and autonomous cars as it tries to make up for lost revenues caused by the coronavirus pandemic, CEO said

Tesla's Elon Musk promises dramatic cuts in electric car costs in 3 years

Tesla expects to eventually be able to build as many as 20 million electric vehicles a year

Cheaper electric cars may help oil firms to green their businesses faster

Batteries are expected to only make up only 15% of a vehicle's total costs by 2030, compared with 30% today.

Buyers in Europe rejoice as policymakers offer electric-car subsidies

Chancellor Angela Merkel and President Emmanuel Macron have sought to soften the coronavirus pandemic's blow to the badly hit car sector.

Tesla's new long-life batteries may bring EVs cost in line with petrol cars

For months, Tesla Chief Executive Elon Musk has been teasing investors, and rivals, with promises to reveal significant advances in battery technology during a "Battery Day" in late May.

Tesla posts third quarterly profit in a row, but Elon Musk is not happy

Tesla produces a fraction of the cars of its rivals but has a much larger stock market value on expectations of tremendous growth

GM to tout its electric vehicles to investors swooning over Musk's Tesla

GM is by far the larger manufacturer by volume, and generates more cash and profits. But in the electric vehicle market, Tesla is the leader

SoftBank in talks to pick up minority stake in Mahindra Electric Mobility

For SoftBank, EVs are a key area of focus. It has already invested over $250 million in Ola Electric Mobility where it is a key investor

MG Motor India will lead race to build EVs priced below Rs 10 lakh: Chaba

'Direction from the government is very clear that EV is the future', said MG Motor India President

India will make up 15% of our turnover in 5 years: Tonino Lamborghini CEO

No longer associated with the iconic car, Ferrucio Lamborghini and family are focussing on lifestyle products instead. But he still has one foot in auto and has set up a JV to make electric golf carts

Start-ups driving Smart Mobility 2.0 swear by electric vehicles

EVs will become a more than $300-bn market by 2030. Charging of these vehicles is still a constraint and, therefore, all the players in this segment have created their own captive charging stations

MPs ride bicycles, e-vehicles to Parliament on first day of Winter Session

Union Environment Minister Prakash Javadekar arrived in an electric car

Tesla challenger China Evergrande Group vows to debut electric car in 2020

The car, to be sold under the 'Hengchi' brand, will debut in the first half of next year, with mass production starting in 2021, the company said in a statement

Dyson pulls plug on electric cars, but the project was doomed to fail

Dyson would also have needed a faster return on its investment than the established carmakers to keep the project going

India has 150 million drivers and only 8,000 want electric cars: Report

Barely more than 8,000 EVs were sold locally during the past six years, China sells more than that in two days

Electric cars and the coming revolution

Just as it happened in the digital arena, electric and driverless cars are going to be disruptive for companies that resist change

Will launch EV in India by 2022 but govt must build ecosystem: Renault

Stating that India is still not equipped with the ecosytstem for EVs, Renault India CEO and MD Venkatram Mamillapalle said launching EVs now and "having the cars in the garages makes no sense"

Electric mobility start-ups promise cheaper rides, but can they scale up?

Evolution of successful business models in electric mobility, as electric vehicles gain ground and BS VI norms for internal combustion vehicles come into place, will separate men from boys in sector

Audi India betting on petrol, plug-in hybrids, EVs; moving away from diesel

The company is gearing up to launch its full electric SUV e-tron in the early part of next year in sync with the government's push for electric mobility

Ford, VW extend multibillion-dollar alliance on electric, automated cars

VW will invest $2.6 billion in Argo AI, Ford's self-driving cars venture