Mahindra Electric reveals new brand identity, aims to become a global supplier for EV solutions

Mahesh Babu, CEO, Mahindra Electric: “Today, with a decade’s worth of experience in electric vehicle technology, we are completely prepared to make India an EV hub and take our technologies global.” Mahindra Electric Mobility, a leading supplier and manufacturer of electric vehicle, components and software solutions, unveiled its new corporate brand identity, new logo and… Continue reading Mahindra Electric reveals new brand identity, aims to become a global supplier for EV solutions

EESL, BHEL partner to set up EV charging stations at highways and cities in India

Energy Efficiency Services (EESL), a joint venture under Ministry of Power has signed a Memorandum of Understanding (MoU) with Bharat Heavy Electricals (BHEL), one of the largest engineering and manufacturing enterprises in India to set up a network of public charging infrastructure for electric vehicles at various highways across India. The partners will jointly explore… Continue reading EESL, BHEL partner to set up EV charging stations at highways and cities in India

Sendy Raises $20M in Series B Funding

Sendy, a Nairobi, Kenya logistics startup providing a delivery solution for business, raised $20m in Series B funding. The round was led by Atlantica Ventures, with participation from Toyota Tsusho Corporation, Asia Africa Investment, Sunu Capital, Enza Capital, Vested World and Kepple Capital. The company intends to use the funds to continue to grow operations,… Continue reading Sendy Raises $20M in Series B Funding

Total-PSA JV targets batteries for 1 million EVs per year by 2030

FILE PHOTO: The logo of French oil giant Total is pictured at a petrol station in Laplume, France January 16, 2020. REUTERS/Regis Duvignau PARIS (Reuters) – A joint venture between French energy major Total (TOTF.PA) and automaker Peugeot (PEUP.PA) will aim to produce batteries for 1 million electric vehicles per year by 2030, Total Chief… Continue reading Total-PSA JV targets batteries for 1 million EVs per year by 2030

Renault chairman says alliance with Nissan strong, shares sense of urgency

FILE PHOTO: Renault Chairman Jean-Dominique Senard attends a Renault, Nissan and Mitsubishi chiefs’ joint news conference in Yokohama, Japan, March 12, 2019. REUTERS/Kim Kyung-Hoon/File Photo YOKOHAMA (Reuters) – The alliance between France’s Renault SA (RENA.PA) and Japan’s Nissan Motor Co (7201.T) remains strong, but its members share a sense of urgency, the alliance’s chairman said… Continue reading Renault chairman says alliance with Nissan strong, shares sense of urgency

Who buys Tesla in France?

Posted on Jan 30, 2020 at 12:00 p.m. Updated on Jan 30, 2020 at 12:36 p.m. Become in a few years the attraction of the world automotive scene, Tesla, which still thrilled the stock market on Thursday with its annual results , still has a relatively discreet presence in France. If sales remain far from… Continue reading Who buys Tesla in France?

UK electric van maker Arrival secures £340m order from UPS

Automotive industry US delivery company order the latest sign of the rapid growth of the manufacturer The first versions of Arrival’s van have been made at a factory in Banbury. Photograph: Arrival Electric van maker Arrival has secured a €400m (£339m) order for 10,000 vehicles from United Parcel Service (UPS), the US delivery company, in… Continue reading UK electric van maker Arrival secures £340m order from UPS

JLR parent Tata Motors posts third-quarter profit above estimates

FILE PHOTO: A Tata Tigor car is pictured at the assembly line inside the Tata Motors car plant in Sanand, on the outskirts of Ahmedabad, India, August 7, 2018. REUTERS/Amit Dave BENGALURU (Reuters) – India’s Tata Motors Ltd (TAMO.NS) on Thursday beat market expectation for quarterly profit, as sales for the maker of British luxury… Continue reading JLR parent Tata Motors posts third-quarter profit above estimates

JLR parent Tata Motors posts quarterly profit

FILE PHOTO: A Tata Tigor car is pictured at the assembly line inside the Tata Motors car plant in Sanand, on the outskirts of Ahmedabad, India, August 7, 2018. REUTERS/Amit Dave BENGALURU (Reuters) – India’s Tata Motors Ltd (TAMO.NS) reported a quarterly profit on Thursday, compared with a year-earlier loss, as the maker of British… Continue reading JLR parent Tata Motors posts quarterly profit