Page 11 - Electric Vehicles

Ford says it will ramp up electric vehicles in Europe

Ford says it will have three new electric passenger vehicles and four new electric commercial vehicles in Europe by 2024, part of the automaker's continued push to grow its presence in the EV market. Ford Motor Co. said Monday that it plans to sell more than 600,000 electric vehicles in the Europe by 2026. It anticipates producing 1.2 million electric vehicles in Cologne, Germany over six years. Ford will start production of an all-new electric passenger vehicle, a medium-sized crossover, in Cologne next year. A second electric vehicle will be added to the Cologne production line-up in 2024. An electric version of the Ford Puma will be made in Craiova, Romania beginning in 2024. For commercial vehicles, the Transit will include four new electric models the Transit Custom one-tonne van and Tourneo Custom multi-purpose vehicle in 2023, and the smaller, next generation Transit Courier van and Tourneo Courier multi-purpose vehicle in 2024. I am delighted to see the pace of change in .

EV financing digital platform Revfin raises Rs 100 crore in debt

The startup is currently present across 18 states with over 350 dealership locations and has partnerships with multiple original equipment manufacturers (OEMs)

WB govt presents Rs 3.21-trn FY23 budget; incentives for EVs, tea sector

Capital expenditure for the fiscal is estimated to be Rs 33,144 crore, and revenue expenditure is pegged at Rs 2,26,326 crore

Ather Energy ties up with Foxconn group arm for supply of key components

Electric two-wheeler maker Ather Energy on Wednesday said it has joined hands with Bharat FIH, a Foxconn Technology Group company, to develop and manufacture key components for the former's scooters.

MG Motor super charges electric vehicle biz, weighs funding options

MG outlined an investment of Rs2000 crore for FY22 and FY23 and is currently weighing various options to raise more funds as it seeks to charge up the EV business.

Tata Motors bags order for 65 electric vehicles from KSEB

Homegrown auto major Tata Motors on Monday said it has bagged a contract for 65 electric vehicles (EVs) from Kerala State Electricity Board (KSEB).

Hero Electric, SUN Mobility to deploy 10k e-bikes with swappable battery

Hero Electric on Monday said it has partnered with SUN Mobility to deploy 10,000 electric two-wheelers with swappable battery technology.

Skoda set to play part in India green mobility space, mulls EV launch

The automaker, which is witnessing a turnaround in its domestic business, however, has no plans to get into the CNG space in the immediate future

Tesla gets eco nod to produce EVs at Gigafactory Berlin, with riders

The environmental approval for the giant factory faced a lot of opposition with concerns ranging from deforestation to water supply and more

India looking for mass EV technology to build in India, says Gadkari

India is looking for a electricity-based technology for mass rapid transportation that is cost effective and such as can be made in the country, Union minister Nitin Gadkari has said. The ministry plans to undertake the development of ropeways as an alternate transport solution in the hill and congested, urban areas. Rope ways, cable car and particularly I'm very much clearly interested to work on the technology of light rail transport, Gadkari, the Union Minister for Road Transport & Highways, said addressing a US audience here on Friday. Some of the US companies have also approached him with the technology, he said in his address on Rebuilding Infrastructure for India 2.0', a part of Reimagining India 2.0 series'. The series of dialogues a part of Silicon Valley monthly Dialogue (SVD) -- has been launched by the Foundation for India and Indian Diaspora Studies (FIIDS) on the occasion of India-at-75 Azadi Ka Amrit Mahotsav'. We are in search of the technology, which can be ...

Sony, Honda Motor team up to develop and sell electric vehicles

Honda will be responsible for manufacturing the first model, while Sony will develop the mobility service platform

India's largest EV charging station for 4 wheelers opens in Gurugram

India's largest electric vehicle (EV) charging station with a capacity of 121 charging points for 4 wheelers, has been opened here in Sector 86

MG Motor announces new venture to build EV charging infrastructure

MG Motor India announced a new venture, MG Charge, to build charging infrastructure for electric vehicles with an aim to install 1,000 chargers in residential areas across India in 1,000 days

Battery-swapping policy for EVs may impact the spread of charging stations

The battery swapping policy could slow the market for zero-emission vehicles

Chinese automaker SAIC's MG Motor India to raise funds for EV push: Report

'MG Motor India has yet to finalise how much money it plans to raise, which will depend on the valuation of the Indian business and its growth plans'

Tesla to win approval for $5.5-bn Berlin gigafactory on Friday

State of Brandenburg to hold press conference on Friday; Tesla's Berlin gigafactory has faced several delays, factory key to Tesla's ambitions in Europe

Explained: Why $100 oil could hurt the energy transition more than it helps

When fossil fuel prices rise, consumers start to take electric vehicles and clean energy alternatives more seriously - not just for their environmental benefits but in hopes of eventually saving cash

Japan's Renesas, Tata Elxsi partner in EV design centre

The centre in Bangalore will be a new hub for the two companies to develop crucial EV systems, such as battery management systems and motor control units

Ford splits electric vehicle, internal combustion into separate units

Ford is splitting its electric vehicle and internal combustion divisions into separate businesses. The automaker said Wednesday that its plan includes two distinct, but strategically interdependent, auto businesses Ford Blue focusing on traditional combustion engines and Ford Model e, which will develop electric vehicles. Ford is already developing electric vehicles like the Ford GT, Mustang Mach-E SUV and F-150 Lightning pickup and it operates an EV division in China. Ford also has Ford Pro, which serves as a one-stop shop for commercial and government customers with a range of conventional and electric vehicles and a full suite of software, charging, financing, services and support on Ford and non-Ford products.

South Korea's Hyundai Motor plans to invest $16 bn in EV push

The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030