Page 36 - Electric Vehicles

Samsung SDI, Stellantis to set up $2.5 billion EV battery plant in US

Samsung SDI will own a 51 per cent stake in the $2.5 billion joint venture company set up with the Chrysler parent, and its investment could increase to as much as $1.57 billion in the long term

When it comes to EVs, raising funds seems easier than building them

Stocks of EV upstarts, from New York-listed, Chinese firms such as Nio, Xpeng and Li Auto to their American peers Rivian Automotive and Lordstown Motors, have lost their sheen in recent weeks

Hindustan Motors plots a comeback; talks on for JV with European co for EVs

MoU signed, due diligence expected to start soon and conclude in 2-3 months; project will start two-wheelers and then add four-wheelers

Work on installing 100 EV charging stations in Delhi nearing end: Officials

The work on installing 100 public charging stations for electric vehicles in Delhi is nearing completion and all of them are likely to become operational by July, officials said on Monday.

Ather Energy to set up 8 more retail stores in Kerala to expand presence

The company said it has also been talking to prospective retail partners in these markets and has already begun locating spaces to set up its fast EV charging network -- Ather Grid

Ola Electric starts deliveries of units within 24 hours of their purchase

The company had opened the latest purchase window on May 21. It was the third purchase window opened by Ola Electric for customers since launching the electric scooters last year

Mahindra to explore partnership options for electric vehicle parts

Mahindra last week signed a partnership agreement with Volkswagen in which it will explore equipping its electric cars with motors, battery system components and cells made by the German automaker

PM meets Suzuki Motor Corp advisor, discusses EV investment opportunities

In March this year, Suzuki Motor Corporation announced that it would invest around 150 billion yen (about Rs 10,445 crore) by 2026, for local manufacturing of Battery Electric Vehicles

Top Headlines: Fuel rate cut to ease inflation, report on EV fire, and more

The recent EV scooter fires were caused by defects in their batteries, including in the designs of the battery packs and modules, a DRDO report said. Read more in our top headlines.

Hyundai Motor Group to invest more than $10 billion in US up to 2025

Hyundai Motor Group on Friday announced plans to invest $5.5 billion in Georgia to build EV and battery facilities.

Musk's troubled tryst with India: Tesla, Starlink in limbo for over a year

Musk clearly needs to take a relook at his overall India plan

LML Electric plans 3 products next yr, to invest Rs 350 cr for expansion

LML Electric, which has announced its plans to roll out three products next year, is looking to invest Rs 350-crore in the business, including in setting up a new manufacturing plant

Hyundai announces $5.5 billion for electric vehicle plant in Georgia

Hyundai Motor Group confirmed the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands

Sona BLW expects two-third of revenues from EV components in coming years

With carmakers investing billions of dollars to build EVs, auto part suppliers are also diversifying their business towards new and clean technologies and moving away from gasoline-reliant supply chai

Volkswagen, Mahindra & Mahindra sign agreement to collaborate on EVs

The Volkswagen, Mahindra & Mahindra agreement comes in less than 6 months after Mahindra brought the curtains down on all kinds of collaborations with Ford Motor Co on December 31, 2021.

Electric vehicle maker Omega Seiki Mobility appoints Nida Khanam as CHRO

The company employs around 350 employees with 20 people in the leadership role, Omega Seiki Mobility (OSM) said, adding that it plans to scale up its workforce by 2,000 people by the next fiscal year

Stellantis bets big on India market; to launch first EV next year

The global automotive major Stellantis is planning to launch its first electric vehicle in India under the Citroen brand next year.

Retrofitted EVs: Indian jugaad that's cheap, clean, battery-powered

Rather than throwing heavy subsidies at new vehicles, the government should pluck the low-hanging fruit presented by a vibrant retrofitting industry

TVS Motor launches electric scooter with three variants under iQube brand

Vehicles will have a higher range of 140 km on a single charge and intelligent features such as 7-inch TFT touchscreen and clean UI, Alexa skill set, among others

Hyundai ties up with Tata Power to set up fast charging EV infrastructure

Hyundai Motor India on Tuesday said it has joined hands with Tata Power to set up fast charging electric vehicle infrastructure across its select dealerships in the country. Under the collaboration, 60 kW DC charging stations will be installed at the company's 34 EV dealerships in 29 cities to cater to all kinds of electric vehicles through Hyundai and Tata Power EZ Charge Mobile App. "The company is glad to announce its partnership with Tata Power to facilitate and strengthen India's robust EV ecosystem and enhance the general outlook on sustainable transportation, reaffirming Hyundai's vision to integrate social responsibility with economic prosperity and community wellness," Hyundai Motor India Ltd (HMIL) MD & CEO Unsoo Kim said in a statement. Such strategic partnerships are fundamental in accelerating the adoption of EVs by customers to achieve the national goal of carbon neutrality, he added. "This partnership will power-up the nation's electric mobility mission by offering .