The Tamil Nadu government on Tuesday unveiled its electric vehicle (EV) policy 2023 which aims to garner investments to the tune of Rs. 50,000 crore and generate 1.50 lakh jobs, in a boost to the EV industry. Chief Minister M K Stalin formally released the new policy in the presence…
Suzuki Motor will invest JPY 4.5 trillion (roughly Rs. 2,85,614 crore) through fiscal 2030 in research, development and capital spending to make battery electric vehicles (EVs), it said on Thursday. The Japanese automaker known for making compact “kei” cars said it would invest JPY 2 trillion in electrification and autonomous driving…
Xiaomi announced in 2022 that it would foray into the electric vehicle segment with the introduction of its first such EV scheduled for some time in 2024. According to a new report, the electric vehicle codenamed ‘Modena’ has been spotted being tested in snow and ice weather conditions in China’s…
Citroen India on Friday announced a strategic partnership with Jio-Bp, a fuels and mobility joint venture between Reliance Industries (RIL) and bp, to build electric vehicle infrastructure and services across its network. “Jio-Bp will install DC fast-chargers across Citroen‘s key dealership network and workshops across the country in phases,” Jio-Bp…
Leading EV charging solutions provider Tata Power on Friday said it has started a nationwide plan of setting up 25,000 electric vehicle (EV) charging points across the country to support faster adoption of e-mobility over the next five years. The company is showcasing its range of hi-tech electric vehicle charging…
Renault is considering building a mass-market electric vehicle in India, two people with knowledge of the ongoing review told Reuters, as part of a renewed push into a market where EV adoption is expected to grow quickly from a small base. The study by Renault underscores how the French automaker…
Kia India is looking to bring in more EV6 units into the country in order to cater to the pending bookings, the automaker said on Thursday. The company said it has delivered 200 units of the EV6, which comes as a completely built unit (CBU), to customers till date. This…
Tesla is considering exporting made-in-China electric cars to the United States, two people with knowledge of the planning told Reuters, a reversal that would reflect the automaker’s deepening cost advantage at its Shanghai plant and slower demand from Chinese consumers. Tesla has been studying whether parts made by its China-based…
European Union and US officials expect to reach an agreement that would grant EU companies, including electric car makers, the same status as US ones in the US market, to avoid what the EU calls discrimination against its producers by the US Inflation Reduction Act. The EU says that while it allows government tax…
Jio-Bp, the fuel retailing joint venture between Reliance Industries and BP, will set up charging network for Mahindra’s upcoming e-SUV launches, the firm said Tuesday. “Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, and Jio-Bp are strengthening their existing partnership with Jio-Bp setting up robust charging network for Mahindra’s upcoming…
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