In its 10th Annual General Meeting, SMEV announced that the new verticals heads will be responsible for creating awareness of electric vehicles in their respective fields and also represent the body on various platforms related to electric mobility.
According to government, the number of private electric cars is far too less and hence it has decided to give cash subsidies to cab aggregators instead.
The Tesla Model 3 dual motor performance version is the high performance version of the electric car and is capable of doing 0-100kmph in just 3.5 seconds.
China has announced its decision to hike the import duties on electric cars and a list of other goods accounting for $34 billion, which come from the United States. China says it's merely responding in "equal scale" to Trump's tariff hike on Chinese goods.
Northvolt has cut the estimated cost of building Europe's largest battery factory, giving a boost to a project that faces a battle to attract investors worried about Asia's head-start in the industry. The Swedish company, set up by former Tesla executive Peter Carlsson, will spend "significantly less" than its previous guidance of 4 billion euros ($4.7 billion), chief operating officer Paolo Cerruti told Reuters, without giving a new figure.
Byton, a Silicon Valley based and Chinese backed automaker has finally started production of its first electric vehicle, the M-Byte SUV. The new SUV will be made in Byton's Nanjing plant in China in a brand new facility which will also serve as the brand's new headquarters. Byton is currently manufacturing the SUV for testing including those required to meet crash norms around the world. Byton will soon be showcasing this production ready version, which will hit the markets by next year.
