In a development that sets the groundwork for electric vehicles in India, one of the country’s biggest power generation and transmission company Tata Power said, it is exploring an arrangement with Tesla Inc to set up charging infrastructure in the country. Talks are in initial stages and agreements are yet to be signed, cautioned sources.…
In a statement Fisker Inc’s chairman and CEO Henrik Fisker said, the electric vehicle startup is weighing options to set up a battery cell manufacturing facility with a major supplier in either Europe or the United States. The move is aimed at securing components in its supply chain. Earlier Fisker had struggled with the recall…
In a statement Toyota Motor Corp said it will unveil two new electric vehicles which will go on sale in the United States midst growing push by the Biden administration to cut vehicle emissions. The announcement pushed up the Japanese automaker’s shares. Toyota also mentioned that it expects hybrid vehicles or electric vehicles to make…
According to a report from Bloomberg News, Tesla Inc’s rival electric-vehicle startup Rivian is likely to go public later this year at a valuation of around $50 billion or more. The startup has the backing of Ford Motor Co and Amazon.com Inc. While Rivian has been in talks with bankers about its plans, its timeline…
Mercedes-Benz has unveiled a new electric compact SUV, the EQA, as part of its plan to take on Tesla Inc; the move also sees the carmaker increase its lineup of emission-free vehicles as it races to meet targets in Europe and China. The EQA is the first of several electric models the company plans on…
On Wednesday, in a statement South Korea’s Hyundai Motor Group stated, early next year it will introduce an electric vehicle-only platform which will use its battery technology to cut production time and costs. The plan by Hyundai Motor Group, the world’s No.5 auto group, aims to become a major player in the global EV market,…
In a significant development, a group of major U.S. utilities which includes Uber and Tesla said they are launching a new lobby group which will lobby for national policies to boost the adoption of electric vehicles. The lobby group named Zero Emission Transportation Association, aims to boost the adoption of consumer electric vehicle and encourage…
BMW AG has unveiled an electric sport utility vehicle (SUV), the BMW iX, which will go on sale in the United States in early 2022. The BMW iX will compete with Tesla’s Inc’s electric vehicle offerings. The car will have a drive range of 300 miles (480 km), less than the estimated driving range of the…
In a statement, electric vehicle startup Rivian said, it will begin taking pre-orders for its electric SUVs and pickup truck with deliveries scheduled for both in next year. The launch editions of the electric R1S SUV and the R1T pickup truck has been priced at $77,500 and $75,000 respectively, with both vehicles having a 300…
In a significant development General Motors Co said, its first year of its GMC Hummer EV electric pickup truck has been sold out. GMC’s website shows a “reservations full” banner over the Hummer EV “Edition 1,” which is scheduled to commence production in the fall of 2021. Its next version, the Hummer EV 3X, which sets…
