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Electric Mobility
Reuters
Oct 29, 2022, 10:14 AM
The maker of industrial drives and electric ship motors said on Thursday its core operating profit margin increased by 1.5 percentage points to 16.6%, the highest since the Swiss company was founded in 1988.
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Reuters | Oct 29, 2022India's Euler Motors Raises $60 Million In GIC Singapore-Led Funding RoundEuler Motors did not disclose the valuation at which it raised the money in the Series C round, although it said its other investors included Blume Ventures, Athera Venture Partners, QRG Holdings, ADB Ventures and Moglix.1 min read
Reuters | Oct 29, 2022As EV Sales Grow, Battle Over U.S. Road Weight Limits Heats UpEven before a recent spike in EV sales, U.S. roads have been carrying heavier loads, as cars and trucks climbed from an average of 3,200 pounds (1,451 kilos) to 4,200 pounds over the last four decades, according to the Environmental Protection Agency.4 mins read
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Reuters | Oct 28, 2022Tesla Recalls 24,000 U.S. Vehicles Over Seat Belt IssueThe Austin-based electric vehicle company said the second-row left seat belt buckle and second-row center seat belt anchor may have been incorrectly reassembled during vehicle service.0 mins read
Sameer Contractor | Oct 28, 2022Mahindra Partners With Charge+Zone To Set-up EV Charging Infrastructure For Upcoming Electric SUV RangeCharge+Zone will establish a network of over 2,500 charging points across 25 cities and 10,000 km of highways by the end of the current financial year (March 2023).2 mins read
Reuters | Oct 28, 2022U.S., EU Launch Formal Group To Discuss Conflict Over EV SubsidiesThe talks come as auto manufacturers from Stuttgart to Seoul have been angered by Biden's $430 billion "Inflation Reduction Act", enacted in August and aimed at rolling back climate change and making Washington a world leader in the EV market.1 min read
Sameer Contractor | Oct 28, 2022Pravaig's Upcoming Electric SUV To Pack 402 bhp, Unveil On November 25Pravaig's upcoming electric SUV will pack about 402 bhp and seems to be inspired by the Range Rover with a sharp and futuristic design language.4 mins read
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