Upon completion, Ola says the factory will create nearly 10,000 jobs and initially have an annual capacity of 2 million units. Aiming to make India a manufacturing hub for electric vehicles, the mobility platform Ola on Monday signed an MoU (Memorandum of Understanding) with the government of Tamil Nadu for …
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The Softbank backed Wave it now competes with legacy Indian business houses such as Hero Moto, TVS Motor and Bajaj Auto, as well as startups such as Ather Energy and Okinawa Scooters. Ola says he will establish the largest electric scooter manufacturing plant in the Indian state of Tamil Nadu. …
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Tesla Inc surpassed $ 500 billion in market value on Tuesday as investors took its shares in the run-up to its S&P 500 debut, extending a meteoric rally that has seen it rise more than 500% this year. Shares of the California electric car maker rose nearly 5%, putting its …
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Even before dethroning Donald Trump from the White House, US President-elect Joe Biden has talked a lot about change in the auto industry to support his broader climate plan. After being officially sworn in, Biden is ready to implement his policies to increase production of electric vehicles, offer incentives for …
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Image for representation. (Image source: Reuters) As air quality deteriorates in Delhi-NCR, it is heavily focused on vehicular pollution, which is a major source of poor air quality and one way to reduce fuel consumption is to embrace electric mobility. News18.com Last update: October 12, 2020 12:33 PM IST FOLLOW …
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At a time when several automakers are launching electric vehicles in overseas markets but still hesitant to bring them to Indian shores, Mercedes-Benz has brought the EQC luxury electric SUV here in an attempt to attract and surprise potential buyers. . TO ₹99.30 lakh (ex showroom, first 50 units), it …
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Mercedes EQC has been officially launched in India in ₹99.30 lakh (ex showroom, India, only for the first 50 units), available in six cities in phase 1: Delhi, Bengaluru, Mumbai, Pune, Chennai and Hyderabad. The EQC is a declaration of intent from Mercedes-Benz and becomes the first electric vehicle on …
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All interested agencies of the Center and the Delhi government will identify locations under their jurisdictions to establish charging stations for electric vehicles in the next two weeks, according to a statement from the Delhi government. This decision was made at the first meeting of the Delhi government’s charging infrastructure …
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“I think it’s important that we tap on what we have,” said Mahesh Babu, MD and CEO of Mahindra Electric. New Delhi: Mahesh Babu, MD and CEO of Mahindra Electric Mobility Limited, said that ‘we do not make sail’ has become a passion for Indian automotive companies. Speaking as one …
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