Tag: Electric Vehicle (EV)

BMW Group India Attains Highest-Ever Half-Yearly Car Sales

BMW Group India experienced a +21% increase in car sales (BMW + MINI) in the first half of the year, fuelled by high demand for its sports activity vehicles, luxury class and electric cars.

July 3, 2024

After US and EU, Canada considering imposing tariffs on Chinese-made EVs

Last month, US President Joe Biden unveiled a bundle of steep tariff increases on an array of Chinese imports, including electric vehicles.

June 25, 2024

EV sales up by 40 pc to 1.75 million units in FY2024 in India

EV two-wheelers sales were up 29 per cent on YoY basis to 10,09,356 units.

June 12, 2024

Musk invites billionaire investor Warren Buffett to invest in Tesla

Musk had even invited Buffett to invest in Tesla early on, when the company was worth 0.1 per cent, or less than $7 billion, from what it is today.

May 6, 2024

Eco-friendly cars’ sales cross 100,000 in South Korea in Q1

Sales of electric vehicles, meanwhile, plunged 51.4 per cent on-year to 15,237 units in the first quarter.

May 5, 2024

It is time to reorganise Tesla, says Musk as company logs slow growth

Tesla laid off over 10 per cent of its workforce this month and Musk said the move was necessary for the company’s “next phase of growth”.

April 24, 2024

Hyundai Motor signs 174-MW renewable energy deal for EV plant in US

According to Hyundai, the deal marks the biggest PPA signed by a South Korean company for the use of renewable energy at its US facilities. Financial terms weren't disclosed.

April 22, 2024

JNPA to change 6,500+ trucks with EVs for ‘Zero Emission Trucking’

At present, a majority of the trucks operating within the sprawling JNPA run on diesel, contributing to massive emissions and pollution.

April 20, 2024

Tesla electric vehicles entry into India will be “natural progression”, says Elon Musk

The billionaire CEO said in the future "all vehicles will go electric and it is just a matter of time."

April 9, 2024

S. Korea’s hydrogen charging infra deteriorates in past 3 years: Report

The number of hydrogen car registrations jumped to 34,872 units from 12,439 during the cited period, while that of hydrogen stations rose to 172 from 69.

April 7, 2024