Exclusive: Ola Electric Future Factory project head quits; 7th senior-level exit in 6 months

Nagi Reddy Sattigari New Delhi: The man behind the setting up of Ola Electric’s future factory and head of construction Nagi Reddy Sattigari has quit the company, sources aware of the matter told ETAuto. Reddy who quit on Friday is likely to join as Chief Operating Officer of a construction and facade fabrication company, Alufit… Continue reading Exclusive: Ola Electric Future Factory project head quits; 7th senior-level exit in 6 months

Biden plans to attend Detroit auto show

By David Shepardson WASHINGTON: President Joe Biden said on Friday he plans to attend the Detroit auto show later this month as his administration touts a rising number of investments in electric vehicles and battery manufacturing. “I’ll be there. I’m a car guy – as you kind of noticed,” Biden said at an event. The… Continue reading Biden plans to attend Detroit auto show

Country aims at self-reliant capacity, export of batteries for EVs: Minister

Mahendra Nath Pandey, Union Minster Pune: Union minister of heavy industries, Mahendranath Pandey, on Friday said that the Centre was trying to increase India’s capacity of manufacturing lithium-ion batteries and promoting the use of e-vehicles (EVs). “Our target is to fulfil the need of batteries for our auto industries by indigenous manufacturing. After self-reliance on… Continue reading Country aims at self-reliant capacity, export of batteries for EVs: Minister

Bollinger Motors announces all-electric B4 commercial fleet truck – New Atlas

So far, Bollinger Motors has been best known for its electric pickup trucks. Now, however, the Detroit-based manufacturer has revealed its first Class 4 electric commercial fleet truck, called the Bollinger B4. Announced this Thursday, the B4 features a cab-forward design. According to Bollinger, this configuration maximizes cargo space behind the cab, increases downward visibility… Continue reading Bollinger Motors announces all-electric B4 commercial fleet truck – New Atlas

Used EV Prices Rise Much Faster Than for ICE Vehicles

Electric car prices saw an increase of 54.3% from the same month last year while gas-powered cars were up just 10.1%, according to a recent iseecars.com study. Source: iseecars.com If you’re selling a used electric vehicle, the price likely will exceed that of a used gasoline-powered car by large amounts. The demand for EVs amid… Continue reading Used EV Prices Rise Much Faster Than for ICE Vehicles

India plans to become green hydrogen giant to cut energy imports

Green hydrogen is widely expected to play a major role in decarbonizing heavy industries, including oil refineries, steel mills and fertilizer plants. India’s current output of the fuel is very low and comes from a handful of pilot projects. India is planning a massive expansion of green hydrogen production to curb its dependence on energy… Continue reading India plans to become green hydrogen giant to cut energy imports

Self-driving tech firm Aurora mulls sale to Apple or Microsoft

Aurora Innovation Inc Chief Executive Chris Urmson recently outlined several options for the self-driving tech firm to combat challenging market conditions, including a possible sale to Apple Inc or Microsoft Corp, Bloomberg News reported on Friday. Many electric-vehicle and self-driving startups that had raised cash easily through IPOs and mergers with blank-check firms during the… Continue reading Self-driving tech firm Aurora mulls sale to Apple or Microsoft