India’s cheapest electric car launched at just Rs 4.79 lakh! PMV Eas-E first 2-seat EV in the country

The Eas-E EV is a micro-car that has a seating capacity of two passengers, it has an overall size of 36 sq ft and PMV claims that such solutions can help curb traffic in urban cities with dense populations. Mumbai-based PMV Electric today launched India’s first micro EV in a bid to promote sustainable and… Continue reading India’s cheapest electric car launched at just Rs 4.79 lakh! PMV Eas-E first 2-seat EV in the country

How do electric vehicle batteries work?

The individual cells in most rechargeable EV batteries today have the same basic components: Electrodes, electrolyte and separator. The positive electrode is called the cathode; the negative electrode is the anode. The cathode is the single most expensive element, accounting for up to a third of the cost of a battery cell. Most lithium ion… Continue reading How do electric vehicle batteries work?

Studies find automatic braking can cut crashes over 40%

DETROIT – Two new U.S. studies show that automatic emergency braking can cut the number of rear-end automobile crashes in half, and reduce pickup truck crashes by more than 40%. The studies released Tuesday, one by a government-auto industry partnership and the other by the insurance industry, each used crash data to make the calculations.… Continue reading Studies find automatic braking can cut crashes over 40%

Audio Interview: Turn Disruption into Opportunity in the Global Automotive Supply Chain

In this Audio Interview, Ron Hesse speaks with David Shillingford, who is the Chief Strategy Officer of Everstream Analytics, a leading supply chain risk analytics company that enables end-to-end predictive visibility to supply chain risk for many of the world’s best-known companies. David has led the development of several industry-wide data and analytics platforms both… Continue reading Audio Interview: Turn Disruption into Opportunity in the Global Automotive Supply Chain

NHAI can never fall into a debt trap, none of its projects are loss-making: Nitin Gadkari

The National Highways Authority of India (NHAI) will not fall into a debt trap as its road projects are revenue accretive, said Nitin Gadkari, minister of road transport and highways. In an interview with ET, he said the government is giving priority to building green highways and logistic parks, and giving a push to alternative… Continue reading NHAI can never fall into a debt trap, none of its projects are loss-making: Nitin Gadkari

ReadyAssist Raises USD 5 million in Pre-series A funding to expand service network

ReadyAssist has been predominantly working with large B2B partners. New Delhi: Roadside assistance startup ReadyAssist has raised USD 5 million as part of its ongoing Pre-Series A round led by Howen International Fund, SPC. The funding is linearly aligned with the company’s growth plans and vision to provide a 24/7, worry-free driving experience to vehicle… Continue reading ReadyAssist Raises USD 5 million in Pre-series A funding to expand service network

Indian shares may edge higher as inflation eases

India’s annual retail inflation eased to 6.77% last month, helped by a slower rise in food prices. Indian shares are expected to open slightly higher on Tuesday, as data showing annual retail inflation eased to a three-month low in October strengthened bets of smaller interest rate hikes from the country’s central bank. India’s NSE stock… Continue reading Indian shares may edge higher as inflation eases

EV startup Faraday Future signs deal to raise up to $350 mln

Faraday Future settled a governance dispute in September and raised $100 million. Faraday Future Intelligent Electric said on Monday it had signed a deal to raise up to $350 million as the electric-vehicle startup looks to roll out its FF 91 luxury car. The company said that financing from an affiliate of Yorkville Advisors Global… Continue reading EV startup Faraday Future signs deal to raise up to $350 mln

India has the potential to become a world leader in production of electric vehicles: Berkeley Research

The transition will also help India reduce its reliance on imported oil, improve the air quality, and meet the goal of net zero greenhouse gas emissions by 2070. India has the potential to become the world leader in electric vehicles production, a research by Berkeley National Laboratory and UCLA said, underlining that making the transition… Continue reading India has the potential to become a world leader in production of electric vehicles: Berkeley Research

EV battery makers race to develop cheaper cell materials, skirting China

By Nick Carey and Paul Lienert U.S. and European startups are racing to develop new batteries using two abundant, cheap materials – sodium and sulfur that could reduce China’s battery dominance, ease looming supply bottlenecks and lead to mass-market electric vehicles (EVs). Today’s EVs run on lithium ion batteries – mostly made with lithium, cobalt,… Continue reading EV battery makers race to develop cheaper cell materials, skirting China