Tag: Electric vehicles

Magenta Power develops EV charging solution for residential societies

You heard it first on Autocar Professional at the EV Forum in February and it is official now – Magenta Power has developed another unique EV charging solution under their ‘ChargeGrid’ brand for large residential complexes under their product range – ChargeGrid Prisma. This solution is developed specifically for EV charging at residential societies where… Continue reading Magenta Power develops EV charging solution for residential societies

Oye Rickshaw raises Rs 24 cr from Alteria Capital to expand EV energy infra

Oye Rickshaw has earlier raised around Rs 60 crore from investors such as Chiratae Ventures, Matrix Partners, Xiaomi, and Pawan Munjal group. NEW DELHI: Electric vehicle energy solutions firm Oye Rickshaw on Monday said it has raised Rs 24 crore from Alteria Capital to expand smart lithium-ion batteries swapping stations across India. The startup has… Continue reading Oye Rickshaw raises Rs 24 cr from Alteria Capital to expand EV energy infra

Mahindra’s new CEO seeks to revive growth at $19 billion group

Shah is also looking beyond automobiles for growth, with plans to venture into digital startups that have potential to grow into unicorns. Mahindra & Mahindra Ltd., the Indian sports utility vehicle maker better known for its tractors and farm equipment, is betting on electric cars and digital services to revive its fortunes under new chief… Continue reading Mahindra’s new CEO seeks to revive growth at $19 billion group

Europe will need 60 million public and private charging points by 2030

April 5, 2021 Posted by: Jorge Platero Category: Faconauto News The Automobile Builders Association estimates that all of these recharging points will be necessary to meet the environmental targets set. The European Union aims to reduce its C02 emissions by 55%. The goal is to have at least 30 million zero-emission cars on their roads… Continue reading Europe will need 60 million public and private charging points by 2030

German Handelsblatt: Electromobility: “Bidirectional charging”: This is how Volkswagen wants to earn money from storing electricity001807

Electric cars are supposed to be used for storage A VW Passat charging: In the future, the electric cars from Wolfsburg will also be able to deliver their electricity again – and will become a huge storage facility. (Photo: dpa) Düsseldorf Germany is wasteful of its green electricity on many days. Often the wind on… Continue reading German Handelsblatt: Electromobility: “Bidirectional charging”: This is how Volkswagen wants to earn money from storing electricity001807

Tesla (TSLA) surges on Wall Street digesting delivery results, and new bull run is in sight

Tesla (TSLA) is surging on the first trading after it released its delivery results, which the market had three days to digest. A new bull run is in sight. Last Friday, Tesla released its delivery and production results – confirming that it delivered a record of over 184,000 vehicles. It was significantly higher than most… Continue reading Tesla (TSLA) surges on Wall Street digesting delivery results, and new bull run is in sight

NASA deploys Mars helicopter before its pioneering first flight

NASA’s Ingenuity helicopter is on the cusp of its historic first flight. The agency has confirmed that its Perseverance rover deployed the UAV on Mars after a final four-inch drop to the Red Planet’s soil on April 3rd. The only challenge now is to make it to the flight itself, which could take place as… Continue reading NASA deploys Mars helicopter before its pioneering first flight

German Handelsblatt: Foreign production: BMW in Hungary – the fight for cheap labor intensifies001803

Victor Orbán The Hungarian Prime Minister also has political interests in BMW setting up in poor eastern Hungary. (Photo: ddp / abaca press) Vienna Where the best farmland once stretched near the east Hungarian city of Debrecen, it now looks like on the moon. Construction machinery has leveled an area of ​​500 hectares so that… Continue reading German Handelsblatt: Foreign production: BMW in Hungary – the fight for cheap labor intensifies001803