“I wanted to do my best to promote this technology and show that sustainability is a viable way of transport,” Wakker said on completing the longest ever journey in an electric vehicle in New Zealand. WELLINGTON: A Dutch sustainability advocate completed the longest ever journey in an electric vehicle in New Zealand on Friday after… Continue reading 1,01,000 kilometre in 3 years: Longest e-road trip ends in New Zealand
Author: Economic Times of India Online News
Volkswagen to ramp up localisation to 92%, says official
The company has chalked out six strategic priorities in the domestic market to focus on. CHENNAI: German automobile-maker Volkswagen would take steps to ramp up its localisation-level to 92 per cent over the next two-three years under the India 2.0 initiative, a top official said Friday. The company announced India 2.0 project last year, along… Continue reading Volkswagen to ramp up localisation to 92%, says official
Indonesia aims to start electric vehicle production in 2022
The government is offering tax holidays for companies producing EV batteries in Indonesia. JAKARTA – Indonesia is aiming to start producing electric vehicles (EVs) in 2022, a senior official at the Industry Ministry told Reuters on Thursday, after a number of companies disclosed plans to invest in the country. Indonesia is pushing for the development… Continue reading Indonesia aims to start electric vehicle production in 2022
Continental launches powertrain plant in Wuhu
This production plant is expected to create 600 new jobs. New Delhi: Continental AG has launched its new powertrain plant in Wuhu in China, built over an area of 24,000 square meters. This new facility will further boost the production capacity for low-emission combustion technologies and new energy vehicles, claims the company. Also, this facility… Continue reading Continental launches powertrain plant in Wuhu
China now home to 1 million EV charging posts
By the end of June public charging posts in China totaled 412,000, while the number of private charging posts stood at 591,000. New Delhi: The robust electric vehicle industry of China, which dispatched close to 1.2 million units last month, is now a home to over 1 million charging posts, according to latest data of… Continue reading China now home to 1 million EV charging posts
GM, Fiat Chrysler warn workers auto industry facing tough future
GM is attempting to sell the plant to a startup company proposing to build electric trucks. Detroit -With plant closures hanging over the start of contract negotiations, General Motors chief Mary Barra on Tuesday warned the United Auto Workers union that the industry is facing a difficult road ahead. Barra opened talks with labor at… Continue reading GM, Fiat Chrysler warn workers auto industry facing tough future
Rivigo lays off 70-100 employees, rolls back on-campus offers
Surface transport company Rivigo has laid off 70-100 employees over the last few months, mainly in its freight marketplace team, multiple people aware of the matter said. The Gurugram-based company, backed by Warburg Pincus and SAIF Partners, also withdrew around 50 offers from 10 premier campuses, including National Institute of Industrial Engineering, Indian School of… Continue reading Rivigo lays off 70-100 employees, rolls back on-campus offers
Amazon to venture into automotive industry
Alexa-enabled offerings are expected to grow in the coming months and years New Delhi: Technology giant Amazon plans to venture into the automotive industry with its Alexa voice assistant, as per a media report. Alexa-enabled offerings are expected to grow in the coming months and years, including a significant expansion into the embedded software systems… Continue reading Amazon to venture into automotive industry
Musk now most tenured CEO in global auto industry
Under Musk, Tesla is breaking all records. The electric car-maker achieved a record production of 87,048 vehicles and record deliveries of approximately 95,200 vehicles in the second quarter of 2019. San Francisco: For many of us, Tesla is a new entrant in the global auto industry but Elon Musk has actually become the longest serving… Continue reading Musk now most tenured CEO in global auto industry
Hyderabad-based PURE EV raises VC funding of $35 mn
PURE EV had recently launched four two-wheeler models. It aims to deploy over 10,000 electric vehicles on the roads during 2019-20. Hyderabad: The Indian Institute of Technology Hyderabad on Wednesday said a start-up called PURE EV which was incubated by the institute has raised venture capital funding of $35 million (nearly Rs 240 crore). The… Continue reading Hyderabad-based PURE EV raises VC funding of $35 mn