Electric Vehicle News

Himadri Speciality Chemicals Ltd. has received approval from its board to step into Lithium-ion Battery (LiB) components manufacturing. The company plans to establish a state-of-the-art manufacturing facility with an annual production capacity of 2,00,000 metric tonnes, either directly or through its ...

Servotech Power Systems Ltd (SPSL) has posted over three-fold jump in its net profit at Rs 3.12 crore during the quarter ended September 2023, aided by higher revenues. It had clocked a net profit of Rs 78 lakh during the July-September ...

Vadodara-based electric vehicle (EV) maker Wardwizard Innovations & Mobility on Thursday signed an initial pact with the Gujarat government to invest Rs 2,000 crore to develop an EV ancillary cluster by 2024. The proposed investment will be on research and development ...

Indian-Origin Vaibhav Tanejahas been selected as Tesla Inc.'s new Chief Financial Officer (CF), succeeding Zachary Kirkhorn, who stepped down on August 4 following a 13-year term with the business. He will continue to serve Tesla until the end of the year ...

Union minister Nitin Gadkari on Tuesday launched Japanese car maker Toyota's first-of-its-kind pilot project on flex fuel-strong hybrid electric vehicle (FFV-SHEV) that can run on 100 per cent ethanol. During the launch, the Toyota Corolla Altis FFV-SHEV, which has been imported ...

A new U.S. tax credit aimed at encouraging Americans to buy electric vehicles may backfire and limit choices for consumers because of concerns it's weighed against European Union manufacturers, the EU trade chief said Thursday. Valdis Dombrovskis held a virtual meeting ...

Consumer protection regulator CCPA on Tuesday said it has issued notices to 4-5 Electric Vehicle (EV) manufacturers, taking suo moto cognizance of consumer complaints regarding series of battery explosions in EVs. Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare said ...