Mahindra to Invest in Zoomcar Investment in keeping with Mahindra’s thrust on Shared Mobility Business To invest up to Rs 176 crore February 15, 2018 Mumbai: Mahindra & Mahindra Ltd., part of the USD 19 billion Mahindra Group, today announced that it would be investing in Zoomcar India Private Limited and in Zoomcar Inc., its… Continue reading Mahindra to Invest in Zoomcar
Tag: Electric vehicles
Dyson will produce not one, not two, but three electric cars
James Dyson has said that the company has invested “heavily” in solid-state battery technology Electric cars are all the rage now, with manufacturers from Ford and Citroen to BMW and Tesla getting in on the action. What we didn’t expect was a vacuum vendor to make their mark. British firm Dyson, best known for its… Continue reading Dyson will produce not one, not two, but three electric cars
Cummins acquires Johnson Matthey’s automotive battery systems business
Cummins Inc has announced the acquisition of Johnson Matthey’s UK automotive battery systems business, a subsidiary of Johnson Matthey that specialises in high-voltage automotive grade battery systems for electric and hybrid vehicles. As part of the acquisition, Cummins and Johnson Matthey also agreed to collaborate on the development of high energy battery materials for commercial… Continue reading Cummins acquires Johnson Matthey’s automotive battery systems business
Faraday Future: Money & Partners
The startup Faraday Future has found new money and partners for the further development of the FF91. Faraday Future wants to push with an autonomous luxury e-car on the market and thus especially against Tesla compete. That failed in the meantime at the high costs. Now you have obviously found money and cooperation partners. Screenshot… Continue reading Faraday Future: Money & Partners
Mahindra & Mahindra to take 16 percent stake in Zoomcar
In November 2017, Mahindra Electric and Zoomcar launched 20 Mahindra e20 PLus EVs for hire by residents and visitors in Mysore. Mahindra & Mahindra (M&M) has announced that it is to invest in Zoomcar India and in Zoomcar Inc, its US incorporated holding parent company, in line with the automaker’s thrust on the shared mobility… Continue reading Mahindra & Mahindra to take 16 percent stake in Zoomcar
Ford overhauls China operations: ‘Bear with us’
Peter Fleet, then the Vice President, Marketing, Sales and Service, Asia Pacific, Ford Motor Company, announces in April 2017 that the Ford Ranger midsize pickup will be available to Chinese customers in 2018. (Photo: Ford Motor Company) Ford Motor Co. is resetting its China operations, moving some workers back to the U.S. and hiring Chinese… Continue reading Ford overhauls China operations: ‘Bear with us’
All-electric Vauxhall Corsa will arrive in 2020
Vauxhall has confirmed that the next-generation Corsa – due next year – will feature a fully electrified variant, which will roll off production lines at the brand’s plant in Zaragoza, Spain, in 2020. PSA, which also owns Peugeot, Citroen and DS, took over Vauxhall and its German sister marque Opel in 2017. Late last year, the… Continue reading All-electric Vauxhall Corsa will arrive in 2020
Faraday gets new cash, California vs EPA could be “war,” electric car charging soars: Today’s Car News
Follow John Today, we’ve got half a billion dollars reportedly backing Faraday Future, a possible ‘war” between California and Trump’s EPA over loosening emission rules, and much more electric-car charging last year. All this and more on Green Car Reports. Struggling electric-car startup Faraday Future reportedly has $1.5 billion of new backing, and plans to… Continue reading Faraday gets new cash, California vs EPA could be “war,” electric car charging soars: Today’s Car News
Toyota design chief sees future without mass-market cars
NAGOYA: As sharing services change car use and ownership, Toyota Motor Corp’s new design chief believes that vehicles will shift towards either generic boxes on wheels for everyday use or ultra-luxury cars, wiping out the need for mass-market models. Simon Humphries, responsible for design at the automaker’s Toyota and Lexus brands, said that fleets of… Continue reading Toyota design chief sees future without mass-market cars
EVgo, Chargepoint annual reports show growth in electric-car charging
Follow John 2017 Chevrolet Bolt EV electric car at EVgo fast-charging station, Newport Centre, Jersey City, NJ Enlarge Photo Seven years and almost 800,000 cars after the first modern electric cars went on sale, there’s still a lot wrong with the national charging infrastructure in the U.S. There’s little central planning, little standardized signage or… Continue reading EVgo, Chargepoint annual reports show growth in electric-car charging