The move comes during a time when companies are trying to get their share of the EV market that is booming in China.
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INDUSTRY NEWSLatest News
Vinfast founder launches V-Green EV charging stations company
by Biplab Dasby Biplab DasV-Green, positioned as a global partner, is intended to build a global charging network that will serve VinFast’s EVs in the markets of potential customers.
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Skoda has taken the wraps off the new Epiq electric crossover concept, which is set to become the smallest model in Skoda’s electric lineup.
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The settlement is the fifth highest class-action compensation scheme in Australia.
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INDUSTRY NEWSLatest News
Marcello Gandini – father of the supercar passes away
by Biplab Dasby Biplab DasGandini’s portfolio includes legendary models like the Lamborghini Miura, Countach, and Diablo, each pushing the boundaries of automotive design and performance.
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INDUSTRY NEWSLatest News
Waymo to launch free driverless robotaxi services in Los Angeles
by Biplab Dasby Biplab DasThe move marks a significant step in Waymo’s efforts to expand its ride-hailing program, Waymo One, beyond its current locations.
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INDUSTRY NEWSLatest News
Ministry of Heavy Industries announces Electric Mobility Promotion Scheme 2024
by Biplab Dasby Biplab DasThis scheme, with a total outlay of INR 500 crore, is set to be implemented from 1st April to 31st July 2024.
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INDUSTRY NEWSLatest News
Fisker explores bankruptcy option amidst uncertain future
by Biplab Dasby Biplab DasFisker’s decision to consider bankruptcy follows recent disclosures of going-concern risks and operational adjustments.
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INDUSTRY NEWSLatest News
EV maker Nio completes 40 million battery swaps
by Biplab Dasby Biplab DasUnlike traditional EV charging methods, Nio employs battery swapping, wherein depleted batteries are swiftly replaced with fully charged packs.
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INDUSTRY NEWSLatest News
US Treasury Secretary addresses challenges to domestic EV industry
by Biplab Dasby Biplab DasAs China expands its exports of EVs globally, concerns have emerged in Washington regarding potential adverse effects on US automakers.