By Colleen Howe BEIJING, Dec 22 (Reuters) – A revamp of China’s electricity market is boosting the economics of storing power just as international demand surges, sparking a boom for the Chinese energy storage manufacturers that already dominate globally. Chinese firms are on track for a 75% jump this year in global shipments of lithium-ion… Continue reading Analysis-China’s power reforms, global data centre buildout usher in battery boom
Tag: Electric vehicles
German Handelsblatt: Car trade: Volkswagen ends direct sales of electric cars throughout Europe012107
First a pioneer, now a U-turn: VW is once again leaving the e-car business in Europe entirely to its dealers. The manufacturer is thus ending an ongoing dispute. Go to Source
China’s probes on EU products following EV tariffs
Highlighting the user-friendly nature of electric vehicles, the Union Minister said EVs offer significant ease of driving compared to conventional vehicles, with reduced physical effort and simplified operations. The Chinese commerce ministry has imposed anti-dumping measures on imports from the European Union, exacerbating trade tensions that spiked when the bloc imposed tariffs on China-made electric… Continue reading China’s probes on EU products following EV tariffs
Blinq Mobility Secures Pre-Seed Funding to Develop Battery-Swappable EVs
Blinq Mobility, an early-stage electric vehicle startup, has successfully raised ₹4.3 crore in a pre-seed funding round. The capital will support the company’s mission to develop battery-swapping electric cars specifically designed for urban mobility applications. The Gurugram-based startup, founded by alumni from the Indian Institute of Technology Delhi, is working on purpose-built electric vehicles engineered… Continue reading Blinq Mobility Secures Pre-Seed Funding to Develop Battery-Swappable EVs
Motherson Acquires Nexans AutoElectric Wiring Harness Business
Samvardhana Motherson International Limited has entered into exclusive negotiations to acquire the entire wiring harness business of Nexans AutoElectric GmbH through its subsidiary Motherson Global Investments B.V. The transaction, valued at €207 million on a cash and debt-free basis, remains subject to employee consultation and regulatory approvals. AutoElectric, a manufacturer with approximately 60 years of… Continue reading Motherson Acquires Nexans AutoElectric Wiring Harness Business
Lexus India Reports 40% Rise in LM 350h Sales in November
Lexus India reported continued growth for its flagship luxury MPV, the LM 350h, with sales rising 40 percent in November 2025 and registering a cumulative growth of 15 percent between January and November compared to the same period last year. The LM 350h operates in the ultra-luxury mobility segment and is positioned as a chauffeur-driven… Continue reading Lexus India Reports 40% Rise in LM 350h Sales in November
EV Insurance Purchases Rise 2.5x as Motor Insurance Patterns Shift in FY26
India’s motor insurance market underwent a significant transition in FY26, driven by the rapid expansion of electric vehicles (EVs), changing consumer preferences, and the emergence of usage-based insurance models. These findings are outlined in a FY26 motor insurance trends report released by Policybazaar, which analyses customer behaviour and policy data across vehicle segments. EVs Drive… Continue reading EV Insurance Purchases Rise 2.5x as Motor Insurance Patterns Shift in FY26
Ather Energy Announces Price Increase of Up to ₹3,000 on Electric Scooters
Ather Energy announced on Sunday that it will increase prices of its electric scooters by up to ₹3,000 across all models, effective from January 1, 2026. The company attributed the price revision to rising costs of raw materials, foreign exchange fluctuations, and increased prices of key electronics components in global markets. Customers looking to purchase… Continue reading Ather Energy Announces Price Increase of Up to ₹3,000 on Electric Scooters
Ather Energy Announces Price Increase of Up to ₹3,000 on Electric Scooters
Ather Energy announced on Sunday that it will increase prices of its electric scooters by up to ₹3,000 across all models, effective from January 1, 2026. The company attributed the price revision to rising costs of raw materials, foreign exchange fluctuations, and increased prices of key electronics components in global markets. Customers looking to purchase… Continue reading Ather Energy Announces Price Increase of Up to ₹3,000 on Electric Scooters
YOUDHA Launches Trevo L5 Electric Cargo Three-Wheeler for Last-Mile Logistics
YOUDHA launched the Trevo L5 electric cargo three-wheeler on Sunday in New Delhi, designed for last-mile delivery and intra-city logistics operations. The vehicle is priced between ₹4.35 lakh and ₹4.75 lakh and targets businesses transitioning from ICE-powered cargo three-wheelers to electric mobility. The Trevo is powered by a 10-kW electric motor with a top speed… Continue reading YOUDHA Launches Trevo L5 Electric Cargo Three-Wheeler for Last-Mile Logistics