ELECTRIC
Europe is slapping tariffs on Chinese electric vehicles - for now. Here's what to know EU raises customs duties on Chinese electric vehicles due to unfair subsidies. Tariffs aim to address market imbalance. Negotiations ongoing between EU and China. Concerns about impact on European jobs and green technology production. Uncertainty lo...
04 Jul, 2024, 09.30 PM ISTGreaves Finance appoints P. B. Sunil Kumar as CEO to accelerate EV financing Greaves Finance, a Greaves Cotton subsidiary, appointed PB Sunil Kumar as Executive Director and CEO effective July 3, 2024. He will advance financing for electric two-wheelers via the evfin platform. With 25 years' experience, including positions a...
04 Jul, 2024, 07.13 PM ISTEU slaps Chinese electric cars with tariffs of up to 38% The European Union imposed provisional duties of up to 38 per cent on Chinese electric car imports due to alleged unfair state subsidies, sparking concerns of a trade war. The move was criticised by China as "politically motivated" and "protectionis...
04 Jul, 2024, 06.16 PM IST- ADVERTISEMENT
Tesla Vs Tesla: HC orders mediation in trademark dispute between Musk's firm & Gurugram-based company The Delhi High Court has directed Tesla Inc. and Gurugram-based Tesla Power India to mediate their trademark dispute. Tesla Inc. alleges that Tesla Power India's use of the "Tesla" trademark infringes on its rights, causing consumer confusion and ha...
04 Jul, 2024, 06.06 PM ISTIndia's EV plans to get a policy boost as govt may fast-track 3 big-ticket schemes The Indian government plans to fast-track three major electric vehicle schemes in its first hundred days, including incentives for local battery production and electric bus procurement under FAME 3. Aimed at boosting clean mobility, these initiative...
04 Jul, 2024, 03.27 PM ISTIndia's solar output grows at slowest pace in six years in first half of 2024 Solar power generation in the third-largest producer of electricity from the sun rose to 63.6 billion kilowatt-hours (kWh) in the first half of 2024, the data showed, up 14.7% compared with the same period last year and 18.5% in the calendar year 20...
04 Jul, 2024, 08.12 AM ISTVolvo to launch only EVs in India, plans one new car every year Swedish luxury carmaker Volvo Cars plans to exclusively launch electric vehicles in India after 2030. Volvo aims to introduce one new electric vehicle annually, starting with the EC30 in 2025. The market for electric cars in India, though currently ...
03 Jul, 2024, 10.17 PM ISTMahindra & Mahindra selects ABB technology for new EV paint facility M&M partners with ABB using PixelPaint tech to offer precise finish application without disrupting production line for personalization options on new EVs, marking a significant advancement in the automotive industry.
03 Jul, 2024, 08.29 PM ISTMatter Group raises USD 35 mn from US-based Helena, others Matter Group secures a significant USD 35 million Series B funding led by Helena, with plans to deliver advanced AERA electric motorbikes in India to address global climate challenges.
03 Jul, 2024, 03.54 PM ISTWhat's draining the juice out of electric two-wheeler makers' battery Sales of e2Ws plummet due to policy inconsistencies, supply chain issues with Chinese suppliers, and expectations for FAME III rollout, impacting top manufacturers like Hero Electric, Okinawa, and Ampere.
03 Jul, 2024, 02.25 PM ISTEU governments waver over Chinese EV tariffs as trade spat escalates EU countries debate supporting tariffs on Chinese electric vehicles in Brussels amid concerns over Beijing's possible retaliation affecting EU exports like cognac and pork.
03 Jul, 2024, 12.01 PM ISTEV companies seek stability in incentives ahead of FAME-III rollout The comparison between FAME-II and EMPS subsidies is crucial, as highlighted by a report from the Federation of Automobile Dealers Associations, emphasizing the importance of stable subsidy regimes for the EV industry's growth.
03 Jul, 2024, 12.13 AM ISTRenewables produce almost 60% of Spain's electricity Spain significantly increased its renewable energy generation in the first half of 2024, with renewables contributing 60 per cent of its electricity, up from 51 per cent a year earlier, driven by new solar capacity and increased output from hydropow...
02 Jul, 2024, 07.40 PM ISTFaster nod for power connection to EV charging stations proposed The Indian government has proposed new guidelines to reduce the approval time for electricity connections for electric vehicle (EV) charging stations. The approval time in metropolitan areas will be cut from seven days to three days, and in municipa...
01 Jul, 2024, 11.57 PM ISTSkoda eyeing local equity partnership amid electric shift Skoda Auto Volkswagen India is making progress in equity partnership talks with an Indian company to share costs and risks. While open to continuing solo, Skoda sees value in local collaboration amid government EV pushes and stricter emissions regul...
01 Jul, 2024, 12.16 AM ISTOla Electric to invest $100 mn in first phase of Gigafactory, says Bhavish Aggarwal Ola Electric, the electric vehicle manufacturer, plans to invest $100 million in the first phase of building its Gigafactory for producing lithium-ion battery cells. The investment will be used for 'phase 1A' of the Gigafactory, which will set up 1....
30 Jun, 2024, 11.56 AM ISTGT Force Texa electric motorcycle launched at Rs 1.2 lakh. Check specification and other details GT Force's GT Texa, priced at Rs 1.20 lakh, offers a 130 km range with a 3.5 kWh battery. The electric motorcycle features alloy wheels, E-ABS controller, and telescopic dual suspension systems for a comfortable ride. Available in multiple states, i...
27 Jun, 2024, 05.02 PM ISTBudget 2024: Tata Motors expects policy continuity in electric mobility Tata Motors expects policy continuity in the upcoming Union Budget and calls for more players in the charging infrastructure space for faster adoption of electric mobility in India. The new NDA government is expected to present the Union Budget next...
26 Jun, 2024, 10.36 PM ISTUber Green electric cabs launched in Kolkata Uber becomes the second ride-hailing service provider to offer electric vehicles in the city of Kolkata, following Snap E, another brand operating with an all-EV fleet.
20 Jun, 2024, 02.24 PM ISTOben Electric offering electric motorcycle in Delhi with huge Rs 40,000 discount. Check Details Oben Electric opens its first showroom in Delhi, introducing the Oben Rorr electric motorcycle. The EV maker, as an introductory offer, is also offering almost Rs 40,000 discount on its electric motorcyles for buyers in the national capital.
20 Jun, 2024, 10.56 AM IST