Electric Vehicles

Xiaomi To Sell EVs In India

This earlier week marked a key acquire for the worldwide electric vehicles sector. PepsiCo, a model typically linked with beverages and snacks, lately grew to become an exemplary champion of the EV lead to, when it created the major public pre-order of Tesla Semis till date. Supplied that major-responsibility vehicles associated in freight transportation currently…

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Xiaomi Plans To Enter The Indian Electric Vehicles And Payments Space

Beijing-based smartphone manufacturer Xiaomi is setting up to grow into quite a few booming Indian industries at at the time. Reportedly, the company is hunting to grow into electric autos as well as payments place in the state. The announcement arrived in just a couple times soon after CEO Lei Jun uncovered the company’s intentions…

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TVS Buys 15% Stake In Electric Vehicle Startup Ultraviolette Automotive

Two wheeler maker TVS announced that it has acquired a 14.78% stake in Bengaluru-primarily based electrical car startup Ultraviolette Automotive Pvt. Ltd, which mainly works on electrical two wheelers and vitality infrastructure. In accordance to a inventory trade submitting, the investment decision is to the tune of $700K (INR 5 Cr). In accordance to a…

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TVS Acquires 15% Stake In Ultraviolette Automotive

Two wheeler maker TVS announced that it has purchased a 14.78% stake in Bengaluru-based electric car startup Ultraviolette Automotive Pvt. Ltd, which generally works on electric two wheelers and power infrastructure. According to a inventory trade submitting, the financial investment is to the tune of $700K (INR 5 Cr). According to a media report, an…

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Tata Rolls Out Tigor EV And More

The auto marketplace is one particular of the key sectors driving India’s economic progress. More than 25 Mn cars which includes passenger cars, commercial cars, 3 wheelers and two-wheelers have been produced in FY17, reporting a leap of 5.41% from the earlier fiscal. However, the marketplace is also one particular of the most significant contributors…

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Electric Vehicles This Week: Tata Nano EV To Be Launched As Jayem Neo; Mahindra Partners With Uber And More

A modern study by world-wide money expert services company UBS predicts that one out of just about every 6 automobiles marketed any where in the world will be electric by 2025. “The shift to electric automobiles will arrive quicker and in a a lot more pronounced way, fueled by the diesel demise in Europe, battery…

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Gujarat Clocks Highest Electric Vehicle Sales, Followed By WB: Report

Gujarat, WB, UP, Rajasthan and Maharashtra have emerged as the frontrunners of the burgeoning electrical motor vehicle race. According to a report by the Modern society of Companies of Electrical Motor vehicles (SMEV), these 5 states clocked the highest selection of EV product sales in the course of FY2016-17. As for each the findings of…

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Government Permits Digital Payments For Charging Of Electric Vehicles

In a bid to make sure rapidly and sleek adoption of electric autos, the Federal government of India has declared that buyers will be permitted to pay out for the charging of EVs as a result of electronic payments solutions as BHIM app and Bharat QR Code. As for each sources, the final decision has…

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Mahindra To Launch Two New Models Of Electric Vehicles By 2019

Mahindra Electric powered, the EV arm of the Mumbai-headquartered automotive huge, has declared designs to start two new styles of electrical cars in India before long. As for every studies, the firm offered a whole of 600 electrical cars and trucks in the to start with 7 months of this yr. In accordance to sources,…

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