Page 12 - Electric Vehicles

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

Tesla offers free EV charging near Ukraine for people fleeing country

When regions of the world are hit by natural disasters, Tesla has been known to offer free Supercharging in those regions to give one less thing for people to think about when moving away from danger

BMW drives in all-electric MINI Cooper SE at Rs 47.2 lakh

Only 30 units were allotted for India in the first batch

Hitachi Energy, Ashok Leyland, IIT-M working on 20-sec E-bus battery charge

Industry sources say players like NTPC, Olectra, JBM Auto and Green Cell Mobility too are keen on this technology. If it works, it will give a huge push to the planned EV expansion in urban India

Ford CEO says no plan to spin off EV business, but change coming

Shares of Ford, which is based in Dearborn, Michigan, fell 2% to $16.95 Wednesday. They have lost about one-third of their value since hitting a 2022 high on Jan. 14.

Pune-based Pinnacle Mobility to launch EKA brand e-buses in 2-3 months

Plans to invest Rs 2,000 crore over the next five years as it seeks to build a portfolio of EVs in the last-mile mobility segment

Tesla to pay $275,000 over Clean Air Act violations at Fremont plant

Elon Musk-run Tesla has agreed to pay a $275,000 penalty for violating the Clean Air Act at its electric vehicle (EV) manufacturing plant in Fremont, California.

Hero MotoCorp joins hands with BPCL to set up charging infra for 2W EVs

As part of the collaboration, the two entities will first establish a substantial charging infrastructure at the existing nationwide energy station network

Businesses need to adapt to new models, unconventional thinking: Munjal

Organisations need to adapt to new models and unconventional thinking going ahead, Hero MotoCorp Chairman and CEO Pawan Munjal said

Red lights on green mobility as govt picks EVs over charging networks

By focusing on EV production over charging networks, the government may have delayed the mass adoption of clean energy transport

Ashok Leyland mulls EV plant; lines up Rs 500 cr for alternative fuel tech

Bullish on the future of green mobility, the Hinduja Group flagship Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according to a top company official. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like CNG, hydrogen and electric for its commercial vehicles range. The company has already announced a USD 200 million (nearly Rs 1,500 crore) investment through its UK-based arm Switch Mobility for electric mobility. The commercial vehicle company aims to expand its electric vehicle portfolio as well as develop new engines keeping in mind the changing market requirements in the domestic as well as international markets. "In Spain, we are coming up with a manufacturing facility and R&D centre and there are plans to grow this over the next few years. In India, we will be optimising the facilities that are available with Ashok Leyland. "But I'm sure very soon we

EV charging stations expand 2.5 times in 9 cities including Delhi, Mumbai

Efforts by the government resulted in 2.5 times increase in charging stations in Surat, Pune, Ahmedabad, Bengaluru, Hyderabad, Delhi, Kolkata, Mumbai, and Chennai in the last four months

BPCL launches EV fast-charging corridor on Chennai-Trichy-Madurai highway

Bharat Petroleum Corporation Ltd (BPCL) has launched 10 EV fast-charging corridors on the 900-km long ChennaiTrichyMadurai highway.

Indian Oil installs more than 1,000 electric vehicle charging stations

IndianOil is gearing up to provide EV charging facilities at 10,000 fuel stations in the next three years, said Director, Marketing V. Satish Kumar

BPCL in talks with e-2w-makers to share outlets for charging stations

BPCL is planning to invest Rs 1,400 crore for four-wheeler EV facilities at 7,000 outlets

Settle Hero trademark row via arbitration: Delhi HC to Munjals

The Munjal brothers were entangled in a legal battle to claim ownership of the Hero brand

'Made me quite sad': Musk recalls billionaire who said Tesla would fail

Elon Musk has revealed that billionaire investor and Vice President of Berkshire Hathaway Charlie Munger once told him that Tesla would fail

Maha: 200 EV charging stations to be set up in Aurangabad by year-end

'The charging stations will come up at fuel pumps, malls, bus stands, railway stations, business complexes and other locations'

India wants Tesla to buy $500-mn local auto parts for tax break: Report

While it could start at a lower base, Tesla would need to agree to ramp up Indian parts purchases by around 10% to 15% a year until a satisfactory level was achieved, says a source

EVRE to set up EV charging facilities in collaboration with GoMechanic

Charging Infratech firm EVRE will set up charging facilities in collaboration with tech-enabled car servicing platform GoMechanic, according to a statement released on Wednesday.