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Electric vehicles

EV manufacturers’ association demands customers to reimburse rebate following subsidy revocation on electric 2-wheeler acquisitions

by Adesola Mojo
EV manufacturers’ association demands customers to reimburse rebate following subsidy revocation on electric 2-wheeler acquisitions

New Delhi, Facing heat over alleged misuse of subsidies, a grouping of seven electric two-wheeler makers on Friday urged the government to look at the possibility of asking customers to …

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Categories Automobile

Ford delays electric vehicle goal, cautions of increased losses

by Adrian Jhonsan
Ford delays electric vehicle goal, cautions of increased losses

Ford CEO Jim Farley poses for a photo at the launch of the all-new electric Ford F-150 Lightning pickup truck at the Ford Rouge Electric Vehicle Center on April 26, …

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Categories World

Collaboration Amongst Seven Automakers to Enhance Electric Vehicle Charging in North America

by Adesola Mojo
Collaboration Amongst Seven Automakers to Enhance Electric Vehicle Charging in North America

If seven automakers decide to join forces on something, you’d figure it’s got to be for a good reason. Today, it’s the need for a functional, accessible electric vehicle charging …

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Categories Automobile

Analyst advises against rushing to purchase despite drop in prices of new and used EVs

by Adesola Mojo
Analyst advises against rushing to purchase despite drop in prices of new and used EVs

Sean Gallup | Getty Images News | Getty Images Prices for both used and new electric vehicles have dropped substantially from a year ago. But don’t rush to buy: Costs are …

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Categories Automobile

Volkswagen and Xpeng Partner to Manufacture Two New Electric Vehicles for China

by Adesola Mojo
Volkswagen and Xpeng Partner to Manufacture Two New Electric Vehicles for China

Volkswagen and Xpeng will jointly develop two new VW-brand EVs for China based on Xpeng’s electric G9. Chen Dongqiu | Visual China Group | Getty Images Volkswagen said Wednesday that …

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Categories Automobile

Renault EV Unit Receives $663 Million Investment from Nissan as Alliance Revamped

by Craig Fedirighi
Renault EV Unit Receives 3 Million Investment from Nissan as Alliance Revamped

Nissan Motor has finalized plans to invest in Renault’s electric-vehicle venture Ampere, capping months of negotiations to rebalance the troubled automotive alliance. Nissan will invest as much as €600 million …

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Categories Business

Indonesia Embraces Electric Vehicle Surge, Boosting Domestic IPO Market

by Craig Fedirighi
Indonesia Embraces Electric Vehicle Surge, Boosting Domestic IPO Market

Indonesia is experiencing a surge in initial public offerings as it strives to become an electric vehicle center by leveraging its abundant minerals needed for EV batteries. As a result, …

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Categories Business

Report asserts wind, solar, and EVs as Japan’s most cost-effective net zero climate solution

by Craig Fedirighi
Report asserts wind, solar, and EVs as Japan’s most cost-effective net zero climate solution

The cheapest way for Japan to meet its 2030 emissions reduction and mid-century net zero goals is to deploy mature, clean technologies like wind and solar generation, as well as …

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Categories Business

Supplier blamed for slow production of GM EV; Chevy Bolt to continue production

by Adesola Mojo
Supplier blamed for slow production of GM EV; Chevy Bolt to continue production

GM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Center in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — General Motors …

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Categories Automobile

Government to Demand Rs 469 crore from Seven Electric Two-Wheeler Manufacturers for Failing to Comply with FAME II

by Adesola Mojo
Government to Demand Rs 469 crore from Seven Electric Two-Wheeler Manufacturers for Failing to Comply with FAME II

The Centre has requested Rs 469 crore from seven electric two-wheeler manufacturers, including Hero Electric and Okinawa, for receiving incentives while not adhering to the norms of the Faster Adoption …

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Categories Automobile
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