EV

EV Sales Touch New World Record But Raw Materials Could Be Spoiler

The sale of electric vehicles (EV) across the world more than doubled this year against 6.6 million last year, accounting for one in 10 new cars sold, according to the International Energy Agency‘s annual report published on May 23. However, the report mentioned that the grey areas like price and supply of critical minerals could […]

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Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia

Leading EV seller Tesla is close to inking a pact that will allow the US-based company to set up an electric vehicle factory in Indonesia. The facility may come up in Central Java’s Industrial complex and it may also host manufacturing of EV batteries. As per reports, the construction could start by the end of […]

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Mahindra Will Seek Partnerships To Source EV Components

Anish Shah, Chief Executive Officer of Mahindra and Mahindra, has said that the company has planned to source components from other players in order to give fillip to its electric vehicle portfolio. A week ago, Mahindra and Mahindra had announced its strategic collaboration with Volkswagen where the latter was to equip the EVs of the […]

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Magenta And Ather Energy Join Hands To Install EV Charging Stations

EV charging firm Magenta ChargeGrid and Ather Energy, leading electric two-wheeler maker, have joined hands to install charging stations, investing the former with the responsibility to manage the charging stations under the Chargegrid platform. The companies have inked a Memorandum of Understanding (MOU), according to a press release. Magenta ChargeGrid is currently expanding its charging […]

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Skoda Auto Begins Production of MEB Battery Systems

Skoda Auto has announced that it has begun the manufacturing of battery systems for all electric vehicles based on the Modular Electrification Toolkit (MEB) in Mlada Boleslav. This is the only production facility of Skoda for MEB battery systems in Europe outside Germany. As per the official announcement, around 250 employees will soon be assembling […]

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Hyundai Motor Partners Tata Power to Expand EV Charging Infrastructure

Hyundai Motor said that it has signed a strategic partnership with Tata to develop electric vehicle charging stations’ network and amplify EV adoption in India. The official statement says that 60 kW DC charging stations will be installed at 34 EV dealerships of Hyundai in 29 cities. The objective is to serve all kinds of […]

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PMI Electro’s upcoming plant to produce 2500 commercial EVs annually

PMI Electro Mobility Solutions Pvt Ltd – maker of electric buses in India – has said that it will set up company’s new electric commercial vehicle (CV) manufacturing plant in Pune, Maharashtra. The new plant will be PMI’s largest manufacturing facility in India and will be based at MIDC, Chakan. PMI says that the new […]

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Badve Engineering, Israeli firm to make motors for electric vehicles

Badve Engineering Ltd – manufacturer of automotive components – has announced that the company is forging a strategic commercial alliance with Israeli startup EVR Motors to manufacture Trapezoidal Stator – RFPM electric motors within India for electric vehicles. The electric motor technology belongs to the Israeli firm and the manufacturing will be done collaboratively. Badve […]

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Lithium Price Surge Leaves Car Makers Comparing LFP with NCM batteries

Steep rises in battery raw materials prices since the start of 2021 have favoured a faster shift to LFP batteries for electric vehicles, over NMC batteries. Cobalt and Lithium for example have become dearer by 70% and 700% respectively. The lowest-cost pack has always been lithium-iron-phosphate, or LFP, the preferred choice of Tesla, Volkswagon and […]

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