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Germany’s EV Adoption Increases By 11% In 2023: FMTA Report

A recent report by the Federal Motor Transport Authority (FMTA), a government agency in Germany released new data on the electric vehicles registered in December 2023. The latest report talks about the increased penetration of electric vehicles in the European country.  The report said, “2,41,883 passenger cars were newly registered in the last month of […]

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Kia, Uber To Offer Ride Hailing PBVs Services On Uber Platform

Kia Corporation and Uber have signed a Memorandum of Understanding (MoU) at Consumer Electronics Show (CES) in Las Vegas, committing the two companies to collaborate on Kia’s planned development and deployment of Platform Beyond Vehicle’ strategy (PBVs). The Memorandum of Understanding (MoU) formalizes collaboration between Kia and Uber, as Kia plans to develop and offer […]

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India – Japan Collaborate To Establish EV Manufacturing Capacity In Karnataka

Cabinet Minister of Large & Medium Industries and Infrastructure Development, Government of Karnataka MB Patel recently, in his social media post on X, announced collaboration between Karnataka and Japan to manufacture Electric Vehicles (electric vehicles (EVs) in the state. In a recent announcement on social media platform X, he shared details of the upcoming collaboration. […]

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Raptee Showcases World’s First High-Voltage E-Motorcycle Technology

Raptee Energy, an EV startup made its presence felt at the Global Investors Meet (GIM) in Tamil Nadu on the 7th & 8th of Jan ’24, where it showcased the first transparent look of its electric motorcycle.  The Global Investors meet was inaugurated by the Tamil Nadu Chief Minister, M K Stalin. The electric motorcycle is […]

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EVIFY Raises $1.3 Million From Piper Serica Angel Fund

EVIFY, a Surat-based Electric Vehicle (EV) logistics startup, has announced that it raised $1.3 million in funding in a ‘Pre-Series A’ round led by venture capital firms GVFL and Piper Serica Angel Fund. Existing investors, ‘We Founder Circle’ and ‘IVY Growth’, along with a few angel investors, also participated in the round.  The startup, EVIFY […]

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BYD Set To Build New 30 GWH Sodium-Ion Battery Facility In China

Chinese automotive company BYD has announced building a new sodium-ion battery facility in Xuzhou. With an investment of nearly USD 1.4 billion, the new facility is projected to generate an annual capacity of 30 GWh. BYD which stands for ‘Build Your Dream’ it’s a Chinese multinational conglomerate specializing in various industries, including electric vehicles, researchable […]

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Green Energy, EVs To Drive India’s GDP Growth, Estimates EY Report

Ernest and Young (EY), in its latest report, said that the green energy industries and electric vehicles could prove to be triggering factors, driving India’s total GDP growth by 2047-48. The report states that this can also pave the way for India’s transition to a developed economy with a rise in the per capita income.  The […]

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VinFast Will Invest $2 Billion For Tamil Nadu Integrated EV Plant

VinFast, the prominent electric vehicle (EV) manufacturer in Vietnam, has unveiled plans to establish an electric vehicle plant in the coastal town of Thoothukudi in southern Tamil Nadu, with a substantial investment totaling $2 billion. This announcement coincides with the ongoing Tamil Nadu Global Investors Meet in Chennai. In an official statement, VinFast declared its […]

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Altris, Clarios Announce Collaboration To Boost Sodium-Ion Battery Technology

Low-voltage battery solutions company Clarios and sodium-ion technology firm Altris announced the creation of an innovative partnership to develop low-voltage sodium-ion batteries for the automotive industry. Every vehicle, including hybrid and electric vehicles, requires a low-voltage energy source to power critical systems and functions. As hybrid and electric vehicles continue to evolve, a joint statement […]

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