electric vehicles
- Automobile
Hyundai to suspend Ioniq 5, Kona Electric production amid slowing EV demand
Seoul: Hyundai Motor will temporarily suspend production of its Ioniq 5 and Kona Electric models, as weakening electric vehicle (EV) demand continues to impact sales, according to industry sources on Friday. According…
- Automobile
Hyundai’s US sales jump 15 pc YoY in January
Seoul: Hyundai Motor, South Korea’s top automaker, saw its sales in the United States climb 15 per cent from a year ago in January, marking its biggest sales for the month to…
- Automobile
Indian automotive sector may see 70 pc workforce expansion in H2 FY25
Bengaluru: The Indian automotive sector, which contributes approximately 7 per cent to the country’s GDP, is likely to see 70 percent workforce expansion in the second half of FY25, a report showed…
- Automobile
Honda aims to capture 40 pc of global bike market
New Delhi: Honda Motor Company has announced that for the current fiscal year ending March 31, its global motorcycle unit sales are expected to reach 20.2 million units, which is approximately a…
- Business
Plug-in hybrid electric vehicles to drive global EV growth in 2025
Seoul: The global market for electric vehicles (EVs) is expected to see significant growth this year driven by the plug-in hybrid electric vehicle (PHEV) segment, while the battery electric vehicle (BEV) segment…
- Business
16.15 lakh EVs incentivised under FAME-II scheme: Centre
New Delhi: A total of 16.15 lakh electric vehicles (EVs) have been incentivised under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India)-II scheme, the government said…
- Automobile
EV, ancillary industries in India can attract $40 billion worth investments
New Delhi: There is a potential $40 billion investment opportunity for the development of electric vehicles (EVs) and ancillary industries in India over the next 5-6 years, a report showed on Wednesday.…
- India
Electric vehicle makers no longer need to be subsidised by govt: Gadkari
New Delhi: Union minister Nitin Gadkari on Thursday said there is no need to provide subsidy to electric vehicle makers as consumers are now choosing EVs or CNG vehicles on their own.…
- Middle East
E-vehicles, flying cars made in China to arrive in UAE soon
The United Arab Emirates (UAE) is set to welcome electric vehicles (EVs) and flying cars manufactured in China, marking a significant milestone in the region’s transportation sector, Khaleej Times reported. These innovations…
- Technology
Demand for key minerals to soar with growth of EVs
Seoul: South Korea’s demand for key minerals is expected to see 19-fold jump from 2021 to 2040 due to expansion in the electric car and wind power industries, a report showed on…
- India
Bengal to use only electric vehicles in administrative functioning
Kolkata: As a measure to control rising pollution levels in the state because of automobile fuel emission, the West Bengal government has taken a decision to only use electric vehicles for all…
- Business
TVS Motor hikes prices of EV scooter by Rs 17,000 – Rs 22,000
Chennai: Two and three-wheeler maker TVS Motor Company Ltd has hiked the price of its electric two-wheeler between Rs 17,000 – Rs 22,000 depending on the variant. The price hike on its…
- India
Centre directs states to encourage electric vehicles in govt offices
Hyderabad: The Central Government has decided to boost the use of electric vehicles. In this context, letters have been sent to all the states directing them to use electric vehicles in government…
- Business
BMW Group India sold 19,263 vehicles in 2022
Chennai: High end cars and motorcycle maker BMW Group India closed 2022 selling 19,263 vehicles. According to a statement issued by BMW India, a total of 11,981 cars (BMW and MINI) and…
- Telangana
Demand for electric vehicles shoot up in Telangana
Hyderabad: The demand for electric vehicles is increasing across the Telangana state and a total of 46,937 electric vehicles are running in the state’s various districts including Hyderabad. According to the Telangana…
