The Japanese automaker plans to keep refining its petrol engines and the hybrid technology it pioneered two decades ago while also developing battery operated cars as tightening global emissions rules drive a race for longer-range affordable EVs.
Luxury car maker Porsche, part of the Volkswagen group, will launch an electric vehicle (EV) in India in the beginning of 2020, a company official said. Porsche, which started operations on India in 2012, has so far been selling fully imported cars here as the company does have any manufacturing or assembly units outside its home country Germany. "We will launch a fully electric car in India in the beginning of 2020," director of Porsche India Pavan Shetty told PTI.
German auto giant BMW said Friday it plans to build an electric version of its compact Mini in China, in a possible joint venture with local partner Great Wall.
With an asking price upwards of $4 million when it does go to sale, the Aspark Owl for sure will be an ultra-elite car for the ultra-elites of the world.
Mahindra's additional investment of Rs. 500 crores will be utilized towards product development and capacity enhancement for electric vehicles and related components.
NITI Aayog CEO has said that there is no need for a policy for electric vehicles (EVs) as an action plan has been prepared. However, the final call on EV policy will be taken by the government.
