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evs

Kinetic Green Energy And Cholamandalam Sign Pact To Finance EVs

Pune based EV manufacturer Kinetic Green Energy on July 4 announced that the buyers can finance their EVs with Cholamandalam Investment and Finance Company, Chennai-based Murugappa Group’s financial services arm. Both the companies having entered into an agreement, under which the customers can avail themselves of getting the EVs financed by Chola. Kinetic manufactures both electric […]

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Under Pressure Honda Signs JV With Sony To Sell EVs By 2025

Japanese Consumer durable, Sony has signed an agreement with automobile major Honda Motor on June 16 to equally own a joint venture that will start selling electric cars in 2025. Both the companies will invest 5 billion yen ($37.52 million) each in the JV, first announced in March this year and named Sony Honda Mobility. […]

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Swedish Car-maker Polestar Delivering 65,000 EVs to Hertz

Swedish electric car manufacturer, Polestar has announced that it has begun delivering new Polestar 2 electric cars to car rental major Hertz as per the earlier signed agreement. The official statement held that Polestar will supply the global car rental giant with 65,000 cars over the next five years. The deal between Polestar and Hertz […]

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Omega Seiki Plans To Lease 5,000 EVs By 2023

Delhi-based end-to-end mobility solutions provider, Omega Seiki has formed a strategic partnership with Grip Invest for lease financing to retail investors. With this partnership, Both companies will try to make the electric vehicle’s delivery more smooth & easy in the last mile delivery segment. Commenting on the partnership, EV manufacturer OSM said that Gripp Invest […]

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One In Every Two EVs Sold Will Have Electric Powertrain By 2030

Electric vehicles are gaining share so fast in China that one in every two cars sold will have an electric powertrain by 2030. The EV sales in China are projected to cross six million units by the end of this year. India is aiming to have 30 per cent of its passenger vehicle sales as […]

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BMW EVs Will Shift From Prismatic To Cheaper Cylindrical Battery Cells

German Auto major BMW has sealed a deal with CATL, Chinese battery manufacturer, for its future electric cars. BMW will use the cylindrical lithium-ion battery cells for EVs starting in 2025. Its significance lies in the fact that BMW has so far used the prismatic cell format for its EVs. Although the prismatic cells are […]

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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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Why B2B Companies Are Opening Arms For EVs For Their Supply Chain

The logistics industry in India is witnessing a steady growth in the adoption of electric vehicles (EVs) to carry last-mile operations. The introduction of newer electric vehicle models and technological innovations in making electric vehicles are attracting businesses to adopt EVs ownership. The introduction of upgraded EVs and technological innovations in this sector are attracting […]

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