Page 73 - Electric Vehicles
Automaker Skoda unlikely to drive in electric vehicle in India anytime soon
Skoda is not likely to drive in its electric car in India anytime soon as it thinks the market is not ready for such vehicles due to high acquisition cost as compared with internal combustion cars
 "Automaker Skoda unlikely to drive in electric vehicle in India anytime soon")
Tesla's Chinese rival Nio suspends production on chip shortage
Top automakers such as Ford, Honda, GM and Volkswagen were caught off guard by the shortage even as auto demand picked up during the Covid-19 pandemic
 "Tesla's Chinese rival Nio suspends production on chip shortage")
China smartphone maker Xiaomi to make EVs using Great Wall's plant: Report
China's Xiaomi plans to make electric vehicles using Great Wall Motor's factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race
 "China smartphone maker Xiaomi to make EVs using Great Wall's plant: Report")
Mahindra merges EV business with itself for simplifying business structure
Company says consolidation would categorize EV operations in two verticals, help in unlocking shareholder value.
 "Mahindra merges EV business with itself for simplifying business structure")
Xiaomi looks at a possible entry into the electric scooter, cycle market
Known for its phones and emerging from nowhere in the segment, it might take on the scooter Goliaths
 "Xiaomi looks at a possible entry into the electric scooter, cycle market")
Foxconn in talks with Vietnam's Vinfast on electric car partnership: Report
Taiwan's Foxconn is in early stage talks with Vietnamese carmaker VinFast about partnering in electric vehicles, two sources familiar with the matter said
 "Foxconn in talks with Vietnam's Vinfast on electric car partnership: Report")
US looks to Canada for minerals to build electric vehicles, documents show
The US government is working to help American miners and battery makers expand into Canada, part of a strategy to boost regional production of minerals used to make EVs and counter Chinese competitors
 "US looks to Canada for minerals to build electric vehicles, documents show")
Targeting Tesla, China's Geely to launch new premium EV brand: Report
China's Geely plans to roll out EVs under a new marque with different branding and sales strategies, sources said, as the Volvo owner looks to take on its main EV rival Tesla with higher-end vehicles
 "Targeting Tesla, China's Geely to launch new premium EV brand: Report")
Ola Electric's high-stakes ride: Can Aggarwal disrupt India's EV market?
By setting up massive capacities in a limited market against entrenched competition, founder Bhavish Aggarwal has his work cut out proving the sceptics wrong
 "Ola Electric's high-stakes ride: Can Aggarwal disrupt India's EV market?")
Volkswagen brand expects its 2021 electric car deliveries to double
The brand will deliver more than 450,000 electric cars this year, the company said on Wednesday. Volkswagen is targeting 1 million electric vehicle deliveries for the wider group
 "Volkswagen brand expects its 2021 electric car deliveries to double")
IOC, Israeli firm form JV to to manufacture metal-air batteries for EVs
Indian Oil Corporation and Israeli battery developer Phinergy on Wednesday formalised a joint venture to manufacture ultra-lightweight metal-air batteries for electric vehicles (EVs)
 "IOC, Israeli firm form JV to to manufacture metal-air batteries for EVs")
BMW says every other vehicle it sells to be fully electric by 2030
The carmaker said its MINI brand would be fully electric by the early 2030s and electric models would account for at least 50% of group deliveries by 2030
 "BMW says every other vehicle it sells to be fully electric by 2030")
Ola to set up cell manufacturing plant for powering Lithium-ion battery
Ola will initially source the cells for the Li-ion battery used in its soon-to-be-launched e-scooters from South Korea
 "Ola to set up cell manufacturing plant for powering Lithium-ion battery")
Bharat Forge to undertake electric vehicle biz through wholly-owned unit
As an initial step, the company has decided to acquire newly formed group firm Kalyani Powertrain Pvt Ltd (KPPL), Bharat Forge said in a regulatory filing
 "Bharat Forge to undertake electric vehicle biz through wholly-owned unit")
Volkswagen looks to electric vehicles, cost cuts for profit recovery
Preferred shares in the company rose as much as 5% to their highest level since July 16, 2015
Charging point at every 3 km will pave way to make Delhi EV capital: Gahlot
The government has already floated a tender to build 100 public charging stations with 500 charging points at prominent locations
 "Charging point at every 3 km will pave way to make Delhi EV capital: Gahlot")
Explained: What attracts electric vehicle makers to Tamil Nadu
Over the past 6 months, several auto majors and component suppliers have chosen Tamil Nadu to set up electric vehicle manufacturing facilities to produce about 4.5 million EV two-wheelers cumulatively
 "Explained: What attracts electric vehicle makers to Tamil Nadu")
Volkswagen hikes battery cell demand in aggressive EV expansion
The fresh target comes as Volkswagen accelerates its push into electric mobility to close a gap with Tesla
Ola Electric's scooter could lead to market share loss for existing players
Ola Electric's scooter: Pricing would be critical as cost is the biggest deterrent at present
 "Ola Electric's scooter could lead to market share loss for existing players")
Explained: How Tamil Nadu leads the global electric vehicle rally
It is becoming a hub of electric two-wheeler investment by a slew of manufacturers and component suppliers
 "Explained: How Tamil Nadu leads the global electric vehicle rally")