Electric Mobility
car&bike Team
Oct 14, 2021, 3:36 PM
Senior sources at German auto giant Volkswagen on Wednesday dismissed reports that up to 30,000 jobs could be at risk if it could not cut costs in its transition to electric models.
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car&bike Team | Oct 14, 2021Volkswagen CEO Warns Shift To Electric Vehicles Could Cost 30,000 JobsVolkswagen's CEO Herbert Diess told a supervisory board meeting in September that the company could lose 30,000 jobs if it transitioned too slowly to electric vehicles (EVs), two sources with knowledge of the matter told Reuters on Wednesday.1 min read
Shubham Parashar | Oct 13, 2021Earth Energy EV Receives Annual Demand For Over 37,000 Units From DistributorsEarth Energy EV is also planning expanding its distributor network in a phased manner in the next five years.1 min read
Sahil Gupta | Oct 13, 2021Tesla Shows Off New Crash Safety TechTesla claims this is a world first and said the test was a success based on the crash test with dummies.1 min read
car&bike Team | Oct 13, 2021Greaves Finance Announces EV Dreamfest For Faster Adoption Of EVsGreaves Finance was set up last month to facilitate financing of electric two-wheelers and electric three-wheelers.1 min read
car&bike Team | Oct 13, 2021Tata Motors' Shares Surge Nearly 20 Per Cent After TPG Fundraise And EV Plan AnnouncementShares of India's Tata Motors rose nearly 20% on Wednesday, a day after the Jaguar and Land Rover owner raised funds from private equity firm TPG and said it would invest over $2 billion in its electric vehicle (EV) business over the next five years.1 min read
car&bike Team | Oct 13, 2021Tata Motors To Invest $2 Billion In EVs After Fundraise From TPGTata Motors will invest over $2 billion in its electric vehicle (EV) business over the next five years, a company executive said on Tuesday, after the Indian automaker announced it had raised funds from private equity firm TPG.1 min read
Seshan Vijayraghvan | Oct 13, 2021TPG Rise Climate, ADQ To Invest Rs. 7,500 Crore In Tata Motors New EV UnitTata had entered into a binding agreement with TPG Rise Climate, under which the latter along with its co-investor ADQ, will invest $1 billion or Rs. 7,500 crore, in Tata Motors' new electric vehicle (EV) business unit.1 min read
car&bike Team | Oct 12, 2021Anglian Omega Group Launches Financing Arm For EVsNew smart financing arm, Anglian Finvest, will offer finance for Omega Seiki Mobility customers across India.1 min read
