Electric Cars News

Electric car and industrial batteries sold in Europe will soon face legally binding environmental standards, the European Commission said on Thursday, as it seeks to give local producers an edge in a rapidly growing global market.

Toyota is working on a new full electric SUV and the company will take the wraps off the new SUV next year. It will be manufactured at Toyota's ZEV factory in Japan and it will be based on the e-TNGA platform.

Renowned car designer and the Chairman and CEO of Fisker Inc., Henrik Fisker, has recently tweeted announcing that he has started designing his next vehicle, staying that his new creation will be "Radical!" He has posted a photo of what appears to be a headlamp cluster featuring twin LED units, while the body panel around it gets a nice sculpted look with sharp lines.

Tata Motors has silently reduced the monthly subscription price for the Nexon EV to Rs. 29,500 per month.

Indians are placing bigger-than-ever bets on U.S. stocks this year as the American stock market has recovered faster than markets in India and other emerging nations following a crash sparked by the coronavirus pandemic.

Tesla Inc unveiled a $5 billion capital raise on Tuesday, its second such move in three months as the electric-car maker cashes in on a meteoric rally in its shares this year.

Tesla, based in Palo Alto, California, said it planned to increase representation of all under-represented groups next year and would be recruiting at historically Black colleges and universities.

BMI estimates that between 2014 and 2017 the price of battery cells fell 16.5% per annum, but between 2017 and 2020 the drop was only 5.8% per annum.