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Foxconn In Tie-up With PTT Thailand For Electric Vehicle Push

Foxconn Trading Group, popularly known simply as Foxconn, is a contract electronics manufacturing giant that is best known for being the largest vendor for Apple for its Iphones and more. The Taiwanese firm has plants in China, as well as a presence in India now. With aggressive plans to get into electric vehicle manufacturing, the […]

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Visaka’s ATUM Enters Into EV Charging Segment

Hyderabad-based Visaka Industries Limited which has multiple product portfolios, ranging from corrugated cement sheets and fiber cement boards to hybrid solar roofs and human-made fiber yarn has announced its entry into three new business segments. One of them includes the electric vehicle (EV) segment too. Visaka led the manufacturer of an integrated solar roofing system […]

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How The Pandemic Hastened Move To Last-Mile Delivery Through EV In India

Introduction The sudden and rapid increase in the demand for e-commerce in recent years has been a catalyst for the surge in last-mile services countrywide. The surge in COVID-19 cases all across the world and growth in the numbers of online shopping has pushed the importance of last-mile to the forefront of the overall supply […]

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MG Motor India Joins Attero to Recycle EV Batteries

The Indian subsidiary of Chinese automotive manufacturer SAIC Motor, MG Motor India has today announced joining up with the Noida-based Attero to recycle electric vehicle (EV) batteries. Attero provides a range of recycling, refurbishing, retail, and reverse logistics solutions to help organizations minimize their electronic waste. Lithium-ion batteries used in MG Motor’s ZS EV units […]

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Uttar Pradesh-based Lithium Urban Acquires SmartCommute

UP-headquartered Lithium Urban Technologies, a leading corporate sustainable mobility solutions provider, announced today its 100% acquisition of SmartCommute, an end-to-end Employee Transport Services SaaS platform. With this move, the company now looks forward to evolving into a full-stack transportation solutions provider across form factors, providing the required mettle to lead India’s progress in the smart […]

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Ford and SK Innovation Form JV for EV Batteries in USA

Auto major, Ford Motor Company, and South Korean group SK Group’s SK Innovations have announced signing a memorandum of unity (MoU) to form a joint venture for producing electric vehicle (EV)battery cells and array modules, in the USA.  The EV battery joint venture would be entitled BlueOvalSK (Ford’s Blue Oval emblem and SK in SK Innovation’s name), […]

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Hyundai Upgrades its Hydrogen Fuel Cell Truck For Global Expansion

Continuing its quest to be a smart mobility solution provider, Hyundai Motor Company today announced the up-gradation in design and performance of its hydrogen-powered XCIENT fuel cell heavy-duty truck. The company released the image of the newly advanced truck and says, with these updates, Hyundai’s zero-emission heavy-duty vehicle will become even more attractive to corporate […]

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EV Maker Nexzu Mobility launches Roadlark Cargo for Last-mile Delivery

An Indian electric vehicle maker, Nexzu Mobility has announced the launch of its electric cargo version called Roadlark, specially designed for meeting the bulk last-mile delivery needs of e-commerce businesses across India. Globally, electric mobility has taken center stage and is being implemented in several forms. Chief among them is the focus on transforming hyperlocal […]

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Magenta Closes Series A Round With new Commitments Worth $15 Mn

EV charging solutions firm Magenta EV Solutions has confirmed commitment in excess of USD 15 million in Series A funding. Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a  commitment in excess of USD 15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and […]

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