Stellantis announces substantial investment in Hungary facility to scale up electric drive module production
Tag: EV
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French government halts subsidised electric vehicle lease program due to overwhelming demand, plans expansion amidst surge in interest
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INDUSTRY NEWSLatest News
China encourages new energy vehicle industry to navigate foreign trade restrictions
by Biplab Dasby Biplab DasThe ministry’s guidelines urge NEV manufacturers to actively address foreign trade restrictions by enhancing collaboration with overseas firms.
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INDUSTRY NEWSLatest News
UK urged to accelerate EV transition: House of Lords report
by Biplab Dasby Biplab DasThe House of Lords report advocates for targeted subsidies to make EVs more accessible, particularly for lower-income car owners.
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Latest NewsNEW LAUNCHES
Kinetic Green launches E-Luna at INR 500 pre-booking price
by Biplab Dasby Biplab DasWith bookings officially opening on January 26, 2024, the company aims to bring the charm of Luna back on the roads in an eco-friendly form.
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INDUSTRY NEWSLatest News
China labels EU’s electric vehicle subsidy probe as “unfair”
by Biplab Dasby Biplab DasThis development comes as tensions between China and the EU intensifies, partly influenced by Beijing’s closer ties with Moscow post-Russia’s invasion of Ukraine.
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Amid a shifting focus towards hybrid models, Ford cuts production of the F-150 Lightning pickup due to lower-than-expected demand for electric vehicles
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Aiming to expand its presence in the Southeast Asian market, China’s BYD launches three EV models in Indonesia
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India is yet to decide on reducing import taxes for electric vehicles, particularly for Tesla, amid concerns from domestic automakers
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Tesla adapts to shifting EV landscape by implementing price cuts on Model Y in Europe amidst market challenges and intensifying competition