Jaguar Land Rover (JLR) will invest GBP 15 billion (roughly Rs. 1,23,200 crore) over the next five years in electric vehicles (EVs) and promised on Wednesday to deliver a new electric Jaguar in 2025 as the British luxury carmaker plays catch-up with rivals. JLR, which is owned by India’s Tata Motors, said in early 2021 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
Swedish luxury carmaker Volvo Cars could go fully electric in India by around 2025, much ahead of its global target of becoming a full electric car company by 2030, a senior company official said on Tuesday. The company, which will launch the electric version of its SUV C40 in the fourth quarter of 2023, will … Read more