Altigreen launches ultra-fast-charging L5 e3W, delivers 200 units to Magenta Mobility 

Bengaluru-based e-mobility solutions provider Altigreen has introduced its ultra-fast-charging L5 electric three-wheeler – Neev Tez – with the capability to charge from zero to 100 percent state-of-charge within 15 minutes. The company also delivered 200 units of this cargo-carrying electric three-wheeler to Magenta Mobility – a fully-integrated electric vehicle fleet operator – catering to the… Continue reading Altigreen launches ultra-fast-charging L5 e3W, delivers 200 units to Magenta Mobility 

Wardwizard signs Rs 2000 crore MoU with Gujarat government

Wardwizard Innovations & Mobility, a manufacturer of electric vehicles under the ‘Joy e-bike’ brand in India, signed an Memorandum of Understanding (MoU) with the Government of Gujarat to invest Rs 2,000 crore for developing an EV Ancillary Cluster by 2024. This MoU was a part of the Vibrant Gujarat Global Suchmmit 2024 in Gandhinagar. This pivotal… Continue reading Wardwizard signs Rs 2000 crore MoU with Gujarat government

Totoya previews FT-3e concept electric SUV

Toyota has previewed its second electric SUV, the FT-3e concept, which was unveiled alongside the FT-Se sports car concept at the Tokyo motor show. The FT-3e previews a sharply styled five-seat 4×4 with a design language that builds on the Toyota bZ4x. Toyota FT-3e SUV design Toyota says its eye-catching design has been created with the help of AI to make… Continue reading Totoya previews FT-3e concept electric SUV

Totoya previews FT-3e concept electric SUV

Toyota has previewed its second electric SUV, the FT-3e concept, which was unveiled alongside the FT-Se sports car concept at the Tokyo motor show. The FT-3e previews a sharply styled five-seat 4×4 with a design language that builds on the Toyota bZ4x. Toyota FT-3e SUV design Toyota says its eye-catching design has been created with the help of AI to make… Continue reading Totoya previews FT-3e concept electric SUV

Crisil forecasts balanced global semiconductor demand supply by FY 2026

The global semiconductor shortage, which severely impacted automobile production and sales in India in fiscal years FY2021, FY2022, and a large part of FY2023, is showing signs of improvement. Supply-chain issues are being addressed, and the implementation of improved predictive demand forecasting is enabling more efficient production schedules. According to rating agency Crisil, the demand-supply… Continue reading Crisil forecasts balanced global semiconductor demand supply by FY 2026

Zen Mobility begins deliveries of its micro pod

Zen Mobility, a Gurgaon-based eelctric vehicle OEM, today commenced the deliveries of its Micro Pod, a cargo 3-wheeler Light Electric Vehicle (LEV). Pre orders have been received for more than 5000 units. The rollout will follow a phased, city-wise approach, beginning with Delhi and the National Capital Region (NCR), followed by Bengaluru, Pune, and Chennai.… Continue reading Zen Mobility begins deliveries of its micro pod

Forsee Power appoints Joel Theut as Chief Technical and Operations Officer

French EV battery firm Forsee Power has appointed Joel Theut as its Chief technical and operations officer.  Theut who joins with more than 30 years of experience in product development, management, operations and business development in the automotive and battery sectors, will lead all operations, innovation, R&D and supply chain activities at Forsee Power.  Prior to this, he was… Continue reading Forsee Power appoints Joel Theut as Chief Technical and Operations Officer

Forsee Power appoints Joel Theut as Chief Technical and Operations Officer

French EV battery firm Forsee Power has appointed Joel Theut as its Chief technical and operations officer.  Theut who joins with more than 30 years of experience in product development, management, operations and business development in the automotive and battery sectors, will lead all operations, innovation, R&D and supply chain activities at Forsee Power.  Prior to this, he was… Continue reading Forsee Power appoints Joel Theut as Chief Technical and Operations Officer

Stellantis to acquire 20% stake in Chinese OEM Leapmotor, plans JV to sell EVs outside China

Stellantis and Leapmotor have today announced that Stellantis plans to invest around 1.5 billion euros to acquire approximately 20% of Leapmotor, making Stellantis a significant shareholder. The deal also outlines the formation of Leapmotor International, a 51/49 Stellantis-led joint venture that has exclusive rights for the export and sale, as well as manufacturing, of Leapmotor… Continue reading Stellantis to acquire 20% stake in Chinese OEM Leapmotor, plans JV to sell EVs outside China

Stellantis to acquire 20% stake in Chinese OEM Leapmotor, plans JV to sell EVs outside China

Stellantis and Leapmotor have today announced that Stellantis plans to invest around 1.5 billion euros to acquire approximately 20% of Leapmotor, making Stellantis a significant shareholder. The deal also outlines the formation of Leapmotor International, a 51/49 Stellantis-led joint venture that has exclusive rights for the export and sale, as well as manufacturing, of Leapmotor… Continue reading Stellantis to acquire 20% stake in Chinese OEM Leapmotor, plans JV to sell EVs outside China