electric vehicles: Page 8

Business News

Tesla Reports Record Deliveries for the First Quarter of 2023 Following Price Cuts

The electric vehicle manufacturer reported a nearly 36% increase in deliveries for the first quarter of 2023 as compared to Q1 2022.

News and Trends

How is India Inc Moving Towards Sustainability

Electric cars have risen again following the concept's dismissal. Cheap gasoline rates were at the centre of the dismissal of electric cars. However, Nikola Tesla had proposed that electric cars would be the future. Tesla's prediction has come a long way with electric cars slowly taking over the dominance of ICE-powered cars.

Business News

EV Trucks Are About to Hit the US Highways — But There's One Big Problem

More trucks mean more demand for energy. Are states ready for this?

News and Trends

Intangles Raises $10 Million In Series A Funding

The company will use the fund raised to serve a robust new customer pipeline, expand its global presence and accelerate hiring to strengthen its product engineering, sales and delivery teams

News and Trends

Ola Electric To Invest $920 Million In Tamil Nadu: Report

The reports stated that Ola will invest $920 million through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, drawn to the growing demand for EVs in India

Business News

Tesla's Charging Stations Will Be Available to All EVs by 2024

The agreement is part of the US Infrastructure law to combat climate change.

News and Trends

Why Recycling Lithium-ion Batteries Is Still the Need Of the Hour

About 58 per cent of the world's lithium reserves are in Chile and about 43 per cent of rare earth mineral reserves are in China

Business News

Ford Halts Production of F-150 Lightning Pickup Due To Battery Problems

Bad news for Ford, which was already struggling to scale up production of the truck.

Business News

The One Problem with Extra-Large EVs Nobody's Talking About

In terms of environmental impact, bigger is not necessarily better.

News and Trends

Commercial Electric Vehicles Platform Turno Raises $13.8 Million In Series A Funding

The fund raised will be used to build a proprietary battery tech platform to address issues around end-of-life battery value, amid global concerns around EV batteries and e-waste

News and Trends

Simple Energy Raises Over $20 Million Funding

The company aims at utilizing these funds in a phased manner to ramp up production of its much-awaited premium and affordable electric scooter, the Simple ONE

News and Trends

Omega Seiki Mobility to Invest $981 Million to Set Up EV Parts Plants in India

The company has formed a joint venture with iM3NY, a US-based battery technology company, to bring its cell technology to the Indian markets and manufacture it locally.

Business News

Honda Charges Up Its Electrification Strategy

The Japanese automaker says its vehicles will be fully carbon neutral by 2050.

New Products

Toyota Transforms Some Classic Cars to Run on Electricity and Hydrogen

Restomods of the Sprinter Trueno and Corolla Levin were showcased at the Tokyo Auto Salon 2023.

News and Trends

Discount Discussions Against Scrapped Vehicles With Finance Ministry In Works: Nitin Gadkari

The minister said during the scrapping process, the cost of raw materials for the automotive industry was reduced by 33%, while sales increased by 10%-12%