Electric Vehicle
- Technology
Ola Electric raises Rs 3,200 cr to boost EV biz, build cell manufacturing factory
Bengaluru: Ola Electric on Thursday announced it has closed Rs 3,200 crore in funding as part of its equity and debt round from Temasek-led investors and project debt from the State Bank…
- Technology
Toyota, Lexus adopt Tesla’s EV charging standard
San Francisco: Japanese automotive giant Toyota has reached an agreement with Elon Musk-run Tesla to adopt the North American Charging Standard (NACS) on its battery electric vehicles (BEVs) beginning in 2025. Several…
- Middle East
EV readiness: UAE ranks 1st in MENA, 7th in the world
Abu Dhabi: The United Arab Emirates (UAE) has been ranked first in the MENA region and 7th globally in the electric vehicle (EV) readiness index. This came in a report, “Global Electric…
- News
25 TSRTC electric metro luxury AC buses launched in Hyderabad
Hyderabad: The Telangana State Road Transport Corporation (TSRTC) has introduced 25 electric ‘Green Metro Luxury’ AC buses in the city, as a part of a total of 50 green Metro Luxury AC…
- Business
Tesla aims to source automobile parts worth up to $1.9 bn from India this year, says Goyal
New Delhi: Electric vehicle major Tesla Inc plans to source automobile parts worth up to $1.9 billion this year from India, Commerce Minister Piyush Goyal said on Wednesday. The imports will be…
- Telangana
Telangana to establish 3,000 EV charging stations by 2030
Hyderabad: The number of electric vehicle charging stations in Telangana is set to increase to 3,000 by 2030 as part of the state’s efforts to promote electric vehicles. The government has already…
- Business
Govt rejects Chinese BYD Motors’ plan to build $1 bn EV plant: Report
New Delhi: As the government gears up to welcome Elon Musk’s Tesla to set up a supply chain ecosystem in the country in the foreseeable future, the Centre has reportedly rejected Chinese…
- Technology
Indian auto sector sees 92% decline in deal activity amid EV boom
New Delhi: India Inc saw just 16 deals amounting to $98 million in the second quarter (Q2) this year in the auto sector, registering a substantial decline in overall deal activity, with…
- Business
All new Model 3 cars qualify for $7,500 EV tax credit in US: Tesla
San Francisco: Electric car-maker Tesla has announced that every new Model 3 vehicle now qualifies for $7,500 EV tax credit in the US. With this, the starting price of a Tesla Model…
- Business
All-electric Uber Green service arrives in India as firm inks EV partnerships
New Delhi: Ride-hailing major Uber on Wednesday announced the launch of its global flagship service Uber Green in India from June, starting with Delhi, Mumbai, and Bengaluru. Uber Green is the most…
- Hyderabad
Hyderabad students transform decade-old abandoned car into solar-powered vehicle
Hyderabad: Five exceptional students have exhibited outstanding innovative abilities by transforming a decade-old abandoned car into solar-powered vehicle. Among these talented youth, four hail from the old city, while one comes from…
- Hyderabad
RACEnergy, Hala Mobility join hands to deploy battery swapping solution
Hyderabad: Battery-swapping technology company, RACEnergy has entered into a partnership with Hala Mobility, a multi-modal ride-sharing platform to deploy a fleet of 2000 electric two-wheelers. This fleet which will be utilised for…
- Technology
Global EV battery market to grow fivefold to $616 bn in 2035
Seoul: The global electric vehicle (EV) battery market is forecast to post rapid growth to $616 billion in 2035, a market tracker said on Wednesday, with the China-based production likely to sharply…
- Technology
Tesla remains EV market leader in US with over 50% share
San Francisco: Elon Musk-run Tesla remains the market leader in the electric vehicle (EV) market in the US with more than 50 per cent share, selling more cars than the other 17…
- India
EV charging stations susceptible to cyber attacks: Gadkari
New Delhi: Electric vehicle charging stations are also susceptible to cyber attacks and cyber security incidents like any other technological application, Parliament was informed on Thursday. In a written reply to Lok…