Global News for You – Top News – Current News
A file photo of an electric vehicle charging centre at Cubbon Park in Bengaluru. India’s EV charging market is at an inflection point, with more than $450 million (₹30,000 crores approximately) already invested in start-ups operating charging networks and battery-swapping models. Yet, with only one public charger per 135 EVs — far below the global…
Battleground Mobile India (popularly known as BGMI) on Thursday introduced the first electric vehicle (EV) to feature in the game — the Mahindra BE 6. Test drives of the recently unveiled eSUV from Mahindra began in six cities earlier this week, and gamers can also take it for a spin while playing the popular battle…
Tata Motors on Monday said it will supply 25,000 XPRES–T electric vehicle units to Uber in one of the largest deals in the green mobility space till date. As per a memorandum of understanding inked between the two entities, Uber will utilise the electric sedans in its premium category service, the companies said in a…
Indian automaker Mahindra and Mahindra Ltd is in advanced talks with global investors to raise between $1 billion (roughly Rs. 82,659 crores) and 1.3 billion to accelerate the expansion of its electric vehicle unit, Mint reported on Wednesday. The company plans to raise capital by selling shares in its unit, currently valued at over $9.1…
Bharat Petroleum Corporation Limited (BPCL) has announced that it has launched 19 EV fast-charging corridors along 15 highways in Karnataka, Kerala, and Tamil Nadu. At approximately every 100 km on the corridors, one can find an EV fast-charging station, a top BPCL official said at an event here on Friday. “The fast-charging stations have been…
Huawei Technologies is partnering with more legacy automakers to produce Aito-branded electric cars, the company’s senior executive said on Saturday, in a move to expand its presence in the auto industry. Huawei will team up with Chery Automobile, BAIC Motor and Anhui Jianghuai Automobile Group in jointly developing and manufacturing Aito-branded vehicles, Richard Yu, Huawei’s Smart Car…
Paris will ban electric scooters from September 1, the French capital’s mayor said, after the public voted to remove them from the streets, however e-scooter operators said on Monday they hoped to stop the plan. The e-scooter ban won 89 percent of the votes according to the city hall Twitter account in what was billed as…
Electric passenger vehicle market share doubled in March 2023. According to the Federation of Automobile Dealers Association (FADA), the year-on-year (YoY) market share of electric passenger vehicles has doubled to 2.6 percent in March, against 1.3 percent in March 2022. FADA is the apex national body of the automobile retail industry in India engaged in the…
Used electric vehicle sales in the United States rose 32 percent in the first three months of 2023 as prices fell, data provider Cox Automotive said on Friday. The group said the average retail listing prices for used EVs was around $43,400 (nearly Rs. 35 lakh), down 4 percent from the same quarter last year and…
Volkswagen plans to bring its first electric vehicle in India next year with the launch of premium electric SUV ID.4 to tap the opportunity in the fast-growing electric mobility space in the country, a senior company official said on Tuesday. By 2030, Volkswagen expects 25-30 percent of its total sales in India to come from…
