India needs to set up 46,000 electric vehicle charging stations by 2030 to reach global benchmark, suggests a white paper released on Friday. EV charger ratio is 6 both for China and the Netherlands, 19 for the US while it stands 135 for India. That means there is one charger per 135 EVs in India… Continue reading India needs to set up 46,000 EV charging stations by 2030 to match global benchmark
Tag: Electric vehicles
Sundram Fasteners plans Rs 350 crore investment over five years
Sundram Fasteners plans to invest Rs 350 crore over a period of five years on manufacturing advanced automotive technology components such as powertrain sub-assemblies for electric vehicles (EVs) and select internal combustion engine (ICE) vehicles. The investments proposed to be made in this direction are expected to provide a major thrust to the company’s exports… Continue reading Sundram Fasteners plans Rs 350 crore investment over five years
DRIVING TO EUROPE: FOTON iBlue EV Truck Obtained EU WVTA Certificate
BEIJING, July 29, 2022 /PRNewswire/ — On July 26, FOTON iBlue EV truck was granted a European Whole Vehicle Type Approval certificate (WVTA) by Germany’s TÜV Rheinland, a leading independent third-party testing, inspection and certification organization, also one of the designated technical services for WVTA. It means that FOTON iBlue EV Truck fully meets the high… Continue reading DRIVING TO EUROPE: FOTON iBlue EV Truck Obtained EU WVTA Certificate
NaaS Technology Inc. Teams with Li Auto to Provide New Smart Charging Services
BEIJING, July 29 2022 /PRNewswire/ — NaaS Technology Inc. (NASDAQ: NAAS, “NaaS” or the “Company”), a leading electric vehicle (“EV”) charging service provider in China, and Li Auto Inc. (“Li Auto”), a leader in China’s new energy vehicle market, recently reached an agreement whereby both parties will utilize their respective capabilities to launch a new smart… Continue reading NaaS Technology Inc. Teams with Li Auto to Provide New Smart Charging Services
Sergey Brin and Elon Musk are Silicon Valley frenemies
I’m sorry for what I’m about to do here, but let’s talk about some divorced men. I think Sergey Brin is attempting to smear his ex-wife, and I think he’s using his history with Elon Musk to do it. Musk allegedly had an affair with Brin’s wife, leading to their divorce. (ALLEGEDLY.) Then, at a… Continue reading Sergey Brin and Elon Musk are Silicon Valley frenemies
Elon Musk sees inflation potentially trending down based on Tesla commodity prices
Elon Musk noted that he believes inflation might finally be trending down based on Tesla commodity prices. The CEO has previously said that he would be waiting for that to start reducing the prices of Tesla vehicles. Over the last few years, the inflation rate has been hitting record highs that we haven’t seen in… Continue reading Elon Musk sees inflation potentially trending down based on Tesla commodity prices
Indian ride-hailing major Ola to slash 1,000 jobs as it sharpens EV focus
SoftBank-backed ride-hailing major Ola is set to slash about 1,000 jobs as it looks to ramp up hiring for its electric mobility business, Ola Electric, The Economic Times reported on Friday. While the company had initially planned to lay off about 400-500 employees, the final figure could go up to 1,000. According to the report,… Continue reading Indian ride-hailing major Ola to slash 1,000 jobs as it sharpens EV focus
SK On secures KRW 2.6 trillion in European battery investment
Financial institutions from Korea and Germany will provide a guarantee and insuranceLoans will be received from overseas commercial banks starting next monthTerms of repayment in equal installments SK On secured KRW 2.62 trillion in funds to establish a large-scale battery plant in Europe. SK On announced on the 28th that it had secured $2 billion… Continue reading SK On secures KRW 2.6 trillion in European battery investment
German Handelsblatt: Automaker: Audi reports record profit – and surpasses Mercedes in return004901
Audi factory in Ingolstadt At Audi, slightly fewer vehicles roll off the assembly line – but the prices per unit are significantly higher. (Photo: Audi) Germany’s premium manufacturers are defying the falling car sales figures. After Mercedes, Audi can also present strong half-year figures on Friday. The Ingolstadt Volkswagen subsidiary has increased its operating result… Continue reading German Handelsblatt: Automaker: Audi reports record profit – and surpasses Mercedes in return004901
ATS Euromaster reveals the best places to camp this summer
LEEDS, England , July 29, 2022 /PRNewswire/ — Camping is booming, with 4.5m Brits going for the first time since the pandemic, according to Mintel*. And new research has now revealed the most popular types of camping as well as Britain’s best secret destinations. Instagram data revealed England is the most popular UK country for glamping, with… Continue reading ATS Euromaster reveals the best places to camp this summer