Electric Mobility
Jaiveer Mehra
Jul 28, 2022, 8:49 PM
All-electric SUV’s design doesn’t stray far from the eXUV300 concept from the 2020 Auto Expo.
1 Min
Reuters | Jul 28, 2022Germany To Reduce Electric Car Subsidies In 2023The incentives, or premiums, paid to buyers of electric cars will expire completely once an allocated sum of 3.4 billion euros ($3.44 billion) from the next two years' budget is spent, according to government sources.2 mins read
Reuters | Jul 28, 2022S.Korea's LGES Plans New EV Battery Plant In EuropeTesla supplier LG Energy Solution Ltd (LGES) said it was looking at sites in Europe for a new battery plant and would ramp up production in Asia outside of China, where COVID lockdowns and rising costs were weighing on profits.3 mins read
Reuters | Jul 28, 2022Indian EV Ride-Hailing Firm BluSmart Close To Raising $250 Million - CEOBluSmart, which runs an all-electric vehicle (EV) fleet, was expecting to finalise deals with impact funds and private equity investors within the next two months, Anmol Jaggi said.2 mins read
Reuters | Jul 28, 2022Panasonic Picks Kansas For Tesla EV Battery Plant, State Puts Investment At $4 billionJapan's Panasonic Energy Co, a major Tesla Inc supplier, said on Wednesday it had selected Kansas as the site for a new battery plant that state officials said would create up to 4,000 jobs with investment of up to $4 billion.3 mins read
Reuters | Jul 28, 2022Mahindra Open To Investing In EV Battery Cell Maker To Secure Supplies - CEOIndia's Mahindra & Mahindra could consider investing in a battery-cell company to meet future electrification needs, its CEO said, after the company raised funds for its new electric vehicle (EV) unit at a $9.1 billion valuation.2 mins read
Reuters | Jul 31, 2022China's BYD To Start Selling Electric Vehicles In Japan Next YearBYD held a brand conference in Tokyo and announced plans to start selling a small all-electric battery car called the ATTO 3 at the start of next year, followed by two additional EV models later in 2023.1 min read
Reuters | Jul 28, 2022Redwood Materials Plans To Spend $3.5 Billion On Making EV Battery EssentialsThe auto industry has been ramping up production of electric vehicles (EV) to meet a demand surge, driving up orders for batteries and raw materials such as lithium, cobalt, etc.1 min read
Reuters | Jul 28, 2022Germany To Reduce Electric Car Subsidies In 2023Under the plan, premiums for fully electric-powered vehicles priced below 40,000 euros will fall to 4,500 euros at the beginning of next year from 6,000 euros currently, and fall to 3,000 euros in the following year.2 mins read
