THIRUVANANTHAPURAM: Electric vehicle (e-vehicle) manufacturing programme of Kerala Automobiles Limited (KAL) has got a fillip with the state government approving KAL’s draft e-vehicle policy last month. As part of the policy, the public sector company will roll out e-vehicle with freezer for fish vendors, e-vehicle pantry set for street food vendors and e-ambulance. State government… Continue reading KAL to launch e-vehicles for commercial purposes
Author: Economic Times of India Online News
Elon Musk files trademark for a Tesla-branded tequila, Teslaquila
SAN FRANCISCO: An April Fool’s Day prank may soon see the light of day as billionaire entrepreneur Elon Musk has confirmed that a Tesla-branded tequila, called “Teslaquila“, is “coming soon”. Teslaquila first featured in an April Fool’s joke in which Musk, the CEO of Tesla, said on Twitter that he had been found “passed out… Continue reading Elon Musk files trademark for a Tesla-branded tequila, Teslaquila
Delphi Technologies names Hari Nair as interim CEO
Prior to this, Nair has also worked Tenneco Inc and General Motors Co. New Delhi: Vehicle propulsion systems supplier Delphi Technologies on Friday said that the company has appointed Hari N. Nair as interim Chief Executive Officer, effective immediately. As per company release, Nair succeeds Liam Butterworth who is stepping down from his role as… Continue reading Delphi Technologies names Hari Nair as interim CEO
Droom raises $30mn funding; to buy back ESOPs worth Rs 50 cr
The company also aims to expand its operations in 100 more Indian cities. New Delhi: Online automobile marketplace Droom Thursday said it has raised USD 30 million (over Rs 200 crore) led by the family office of Japan-based investor, Joe Hirao. The company, which has raised USD 125 million in funding till date, is also… Continue reading Droom raises $30mn funding; to buy back ESOPs worth Rs 50 cr
Chinese lithium giant agrees three-year pact to supply Tesla
Tesla may need as much as 28,000 tons of lithium hydroxide a year from late next year. NEW DELHI: China’s top producer of lithium, a metal used in electric-vehicle batteries, said it’s agreed a deal with Tesla Inc. to supply a fifth of its production to the vehicle maker, highlighting the push for supply pacts.… Continue reading Chinese lithium giant agrees three-year pact to supply Tesla
Peugeot urges France to revive incentives for hybrids
By Laurence Frost and Gilles Guillaume SOCHAUX: PSA Group is pressing the French government to revive sales incentives on rechargeable hybrid vehicles as it rolls out plug-in versions of its larger models to meet tightening European emissions rules, the carmaker said on Thursday. Automakers are rushing to deploy electric cars and hybrids, which combine battery… Continue reading Peugeot urges France to revive incentives for hybrids
Tata Motors cranks out two-platform strategy to rejuvenate product lineup
CHENNAI: As part of its new product strategy, Tata Motors is planning an entire pipeline of models based on a two brand new architecture that will give the company “12-14 new nameplates” by 2022. According to senior company officials, the strategy involves restricting future new products to two platforms – the Alfa architecture and the… Continue reading Tata Motors cranks out two-platform strategy to rejuvenate product lineup
Musk ditches two car paint options to simplify Tesla production
NEW DELHI: Elon Musk’s efforts to streamline production at Tesla Inc. have gotten down to the paintwork. The electric-car maker will ditch two of seven colors offered to buyers on Wednesday to simplify manufacturing, Musk, Tesla’s chief executive officer, said in a tweet. The only forecast Tesla had given previously for the third quarter was… Continue reading Musk ditches two car paint options to simplify Tesla production
ABB ties up with Niti Aayog, OEMs to develop EV charging models
New Delhi: Robotics and automation technology company ABB has joined hands with Niti Aayog and several OEMs to develop electric vehicle charging models. The company showcased its Terra HP fast-charging system which can power up a car for 200 kilometers in a single charge of eight minutes at the MOVE Global Mobility Summit 2018.At present,… Continue reading ABB ties up with Niti Aayog, OEMs to develop EV charging models
Nissan India to double sales points in 3 years; hire 1,500 people
New Delhi: Japanese auto maker Nissan is looking to double its sales and service touchpoints in the next three years, while also building a strong line up for Datsun brand in India, as part of its efforts to control the declining sales and share. The company, which currently has 270 touchpoints, also plans to hire… Continue reading Nissan India to double sales points in 3 years; hire 1,500 people