Electric Cars
car&bike Team
May 14, 2021, 5:13 PM
South Korea's Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions.
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car&bike Team | May 14, 2021Fisker Finalises Deal With Foxconn To Make EVs In U.S. Starting In 2023Electric car maker Fisker Inc has finalized its vehicle-assembly deal with Foxconn Technology Co Ltd, including plans to open a U.S. plant in 2023.1 min read
Ameya Naik | May 13, 2021Government Approves Rs. 18,100 Crore Towards Production Linked Incentive To Promote ACC Battery ManufacturingThe government has approved the Production Linked Incentive (PLI) scheme for manufacturing advanced chemistry cell (ACC) battery at an estimated outlay of Rs 18,100 crore. The objective not only promotes the Make in India initiative but also is an attempt to bring down the price of the battery pack which is used in cars, thereby helping carmakers make electric vehicles more localised and therefore affordable.1 min read
car&bike Team | May 13, 2021Tesla To Roll Out Improved Self-Driving Technology In Coming WeeksTesla Inc's top boss Elon Musk said in a series of tweets on Wednesday that the company expects to release a significantly improved version of its full self-driving technology within the next two to three weeks.1 min read
car&bike Team | May 13, 2021Indian Government Working On Low-Cost AC Charging InfrastructureThe Department of Science and Technology, the Office of Principal Scientific Advisor to the government of India and Niti-Aayog worked in fast-track mode to develop specifications, prototype products, and undertake testing and validation of the proposed low-cost AC charging points.1 min read
Seshan Vijayraghvan | May 12, 2021Ford F-150 Lightning All-Electric Pickup Truck To Be Unveiled On May 19Ford Motor Company will be unveiling the long-anticipated electric version of the F-150 pickup truck on May 19, 2021. Christened Ford F-150 Lightning, the new electric vehicle is set to go on sale in the Spring of 2022 and will be the first electric pickup truck from the company.1 min read
car&bike Team | May 12, 2021Tesla Puts Brake On Shanghai Land Buy As U.S.-China Tensions Weigh: ReportU.S. electric car maker Tesla Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by U.S.-China tensions.1 min read
Ameya Naik | May 12, 2021Subaru Solterra Is The Company’s New All-Electric SUVThe Solterra SUV will be built on the battery electric vehicle (BEV) dedicated e-Subaru Global Platform1 min read
Reuters | May 11, 2021Nio Lidar Supplier Innovusion Raises $64 Million In FundingThe funding includes new investments from Singapore state investor Temasek and venture capital firm Joy Capital.1 min read
