The company will begin by deploying a fleet of 100 robotaxis. Photo via Marianna/Flickr. Autonomous vehicle company AutoX signed a partnership with the City of Shanghai at the the World Artificial Intelligence Conference, to jointly launch the first commercial robotaxi fleet in China. The company will begin by deploying a fleet of 100 robotaxis. In June,… Continue reading AutoX Launches Robotaxi Fleet in Shanghai
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Etrio launches first certified retrofitted electric LCV at Rs 775,000
eTrio’s eLCV, which is powered with a lithium-ion battery of 20 kWH on a 96 V system, has a certified range of 120km. Telengana-based electric vehicle start-up eTrio today launched India’s first certified retrofitted electric light commercial vehicle (eLCV). eTrio’s eLCV, which is powered with a lithium-ion battery of 20 kWH on a 96 V system, has a certified… Continue reading Etrio launches first certified retrofitted electric LCV at Rs 775,000
Etrio launches first certified retrofitted electric LCV
Telengana based, electric vehicle start-up, eTrio launched the country’s first certified retrofitted electric light commercial vehicle (eLCV). With a production capacity of 5000 vehicles annually, the company’s 30,000 square feet manufacturing facility is based out of Hyderabad. eTrio’s eLCV is powered with a lithium-ion battery of 20 KWH on a 96 V system and has… Continue reading Etrio launches first certified retrofitted electric LCV
Dealers discount new cars by 7.7% ahead of plate-change
The average discount on new car prices in August was 7.68% or £3,066, according to new data from What Car? This percentage cut is in line with the performance in August 2019 which saw cash discounts of 7.6% or £2,595. August is traditionally a poor sales month in the lead up to the September plate-change,… Continue reading Dealers discount new cars by 7.7% ahead of plate-change
India: CarDekho plans to invest $20m in used car business in FY21
The Girnar Software Pvt Ltd-owned venture, also a leading vehicle search platform, plans to open 250 franchise stores this year and ramp up this network to over 1,000 retail locations by 2022. The franchise outlets would be branded CarDekho Trustmark stores. Used cars are seeing a surge in demand as buyers are increasingly opting for… Continue reading India: CarDekho plans to invest $20m in used car business in FY21
Car firms turning to new tech for ethical sourcing of vital EV mineral
Demand for battery-electric vehicles is set to grow rapidly in the coming years due to the need to cut emissions, driven by both government legislation and changing consumer expectations. But the move from combustion engine to electric power isn’t problem-free, given the huge amount of cobalt used in lithium ion batteries. Cobalt is a key… Continue reading Car firms turning to new tech for ethical sourcing of vital EV mineral
EVage claims it will manufacture ‘Exoskeleton Structures’ for EVs
The team came together five years back with the aim of easing the pain of manufacturing electric vehicles and bringing them within the reach of the common man in India. New Delhi: In line with Prime Minister Narendra Modi’s vision Atma Nirbhar Bharat, mobility tech start up firm EVage introduces India‘s first home-built ‘Exoskeleton Structure‘… Continue reading EVage claims it will manufacture ‘Exoskeleton Structures’ for EVs
Geely slashes sales target as profits plunge
Ambitious Chinese owner of Volvo Cars hit by slow pace of pandemic recovery in home market Go to Source
Lordstown Endurance EV Pickup Aims to Beat Tesla’s Cybertruck to Market
Tesla set a high bar for electric pickups when it debuted the Cybertruck last year. Now, the startup company that took over an old General Motors plant in Lordstown, Ohio, aims to give Tesla a run for its money. The Lordstown Endurance debuted today, and if all goes as planned, it will be the first… Continue reading Lordstown Endurance EV Pickup Aims to Beat Tesla’s Cybertruck to Market
Japanese officials sought a Nissan Honda merger
Japanese officials sought a Nissan Honda merger Read M&A insights you won’t find elsewhere Exclusive scoops Smart data to help spot risk and opportunity Analysis of broader trends in M&A Lex, our agenda-setting business commentary (Premium only) Due Diligence, an exclusive M&A newsletter (Premium only) Choose your subscription Trial Try full digital access and see… Continue reading Japanese officials sought a Nissan Honda merger