Nissan has added four new battery-electric cars to its Ambition 2030 strategy in response to rising sales of EVs worldwide. The firm will now launch 19 EVs by 2030, in turn taking the total number of scheduled electrified (hybrid, plug-in hybrid and electric) models up to 27. It had previously planned to launch 15 BEVs and… Continue reading Nissan expands EV strategy as demand rises
Category: US Motoring Press
Australian battery firm buys Britishvolt for undisclosed fee
Australian battery start-up Recharge Industries has purchased Britishvolt for an undisclosed fee, planning to revive the failed gigafactory project in Blyth, Northumberland. Britishvolt will now use Recharge’s preferred battery technology – licensed from American firm Charge CCCV (C4V) – rather than that which was in development under the previous ownership. It aims to begin manufacturing cells… Continue reading Australian battery firm buys Britishvolt for undisclosed fee
EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues
EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues Yulu, India’s largest shared electric mobility player plans to invest $500 million in the next three years as it aims to have a fleet of one million electric two wheelers in operation by 2025. With the production… Continue reading EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues
EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues
EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues Yulu, India’s largest shared electric mobility player plans to invest $500 million in the next three years as it aims to have a fleet of one million electric two wheelers in operation by 2025. With the production… Continue reading EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues
BMW rolls out iX5 Hydrogen pilot fleet
After four years of development work, the BMW iX5 Hydrogen vehicle and development project has entered its critical next phase. The BMW Group is providing international media representatives with the first vehicles in a pilot fleet that will go into service this year, paving the way for potential series production. The German carmaker began production… Continue reading BMW rolls out iX5 Hydrogen pilot fleet
BMW rolls out iX5 Hydrogen pilot fleet
After four years of development work, the BMW iX5 Hydrogen vehicle and development project has entered its critical next phase. The BMW Group is providing international media representatives with the first vehicles in a pilot fleet that will go into service this year, paving the way for potential series production. The German carmaker began production… Continue reading BMW rolls out iX5 Hydrogen pilot fleet
McLaren F1 LM and Solus GT in new Speed Champions Lego set
McLaren is kicking off 2023 with an altogether more affordable offering than its usual mid-engined supercars. The company turns sixty years old this year, and to commemorate the occasion, it has licenced a new Lego set containing two of its landmark hypercars from past and present. The new Speed Champions kit costs £39.99 and lets… Continue reading McLaren F1 LM and Solus GT in new Speed Champions Lego set
‘EV industry needs an organisation within the government that can induce bankability of contracts’: Mahua Acharya
‘EV industry needs an organisation within the government that can induce bankability of contracts’: Mahua Acharya In its vision to go ‘net-zero’ carbon emissions target by 2070, the Government of India’s Convergence Energy Services has led from the front since inception in 2020. With a long-term ambition of electrifying 50,000 buses in major cities of… Continue reading ‘EV industry needs an organisation within the government that can induce bankability of contracts’: Mahua Acharya
‘India can be the next claimant in the global tyre market’: Satish Sharma
The Indian tyre industry which presently registers about 20 percent of its overall revenues from its export business, is likely to see this share grow to 30 percent by 2030. “We are fortunate to be in the right place at the right time. We see India growing rapidly in the decade ahead, and the tyre… Continue reading ‘India can be the next claimant in the global tyre market’: Satish Sharma
Gadkari to engage with stakeholders to resolve financing challenges for Bus EVs
To avoid the potential derailment of India’s ambitious electrification plan of 50000 buses, Nitin Gadkari – the Minister for Road Transport and Highways is planning to engage with all the stakeholders– the power ministry officials, bus makers, financers and state transport undertaking and help in resolving the challenges around financing. Gadkari who was speaking at the ABP… Continue reading Gadkari to engage with stakeholders to resolve financing challenges for Bus EVs