Electric Mobility News

Investors are uncertain how the move to buy Twitter could affect Tesla's performance if Musk's attention is further divided by the social media platform aside from SpaceX, Neuralink and the Boring Company.

VEMO, the new energy transport operator in Mexico, purchased 1000 units of D1 electric MPV from BYD Mexico, out of which 200 units have already been added to its fleet, and are operational.

The company has installed its chargers in cities like Ahmedabad, Chandigarh, Patna, Lucknow, Gorakhpur, Kanpur and Varanasi among others.

Rental car firm Hertz Global Holdings will buy up to 65,000 electric vehicles over five years from Swedish EV maker Polestar

Battery startup Soelect and Korean supplier Lotte Chemical intend to invest more than $200 million in a joint venture to make advanced battery components for electric vehicles

Crayon Motors has partnered with Global Assure, a provider of health, wellness, and travel service, to offer its RSA services, which will be offered to all EVs that were dispatched from its plant from March 10 onwards. Other Crayon users can purchase this RSA at a nominal cost.

Lucid Group Inc on Tuesday said it has signed an agreement with the government of Saudi Arabia under which the latter will purchase 50,000 vehicles, with an option to buy an additional 50,000 vehicles during the ten-year time frame.

Musk called Twitter the world's "digital town square" and talked about protecting free speech. But, the move has raised concerns about the depth of executive talent at Tesla Inc, in case his attention is further divided by the social media platform.