The EV Market Doubles Down on Permanent Magnets Despite Material Costs, Says IDTechEx
Research firm IDTechEx in a statement said that with the continued global turmoil experienced over the past few years, the prices of almost everything are …
electric vehicle market
Fortum sells its e-mobility business for approximately EUR 75 million
Fortum has divested its e-mobility business Plugsurfing to Fleetcor Technologies, Inc., a leading global business payments company. The new owner will enable Plugsurfing to speed …
Audi is researching bidirectional charging technology for electric cars
Increasing network stability, lowering electricity costs, and contributing to climate protection – that is the vision that Audi and the Hager Group are pursuing. The …
EV market likely to be Rs 50,000 crore opportunity in India by 2025: Report
The electric vehicle (EV) market is likely to be a Rs 50,000-crore opportunity in India by 2025, with two- and three-wheelers expected to drive higher …
Covid-19 to impact electric vehicle market?
Electric vehicles market in India may experience a shift as consumers seek affordable products amid COVID-19, and it could make manufacturers resume production for conventional …
Ampere Electric Vehicles opens its first EV Dealership in Nepal
Ampere Electric Vehicles, a wholly-owned electric mobility subsidiary of Greaves Cotton, today announced its first dealership in Nepal. This marks the entry of Ampere Electric’s …
IRP Systems Raises $17M in Series B Funding to Bring EVs to the Mass Market
IRP Systems has announced that it has raised $17M in Series B funding. The round was led by Chinese VC Fosun RZ capital, with additional …
Mahindra Electric elevates Mahesh Babu as MD and CEO
Mahindra Electric has elevated its CEO Mahesh Babu to managing director and CEO of the company. The decision was taken by the board of directors …
Ampere Electric launches ‘Kal Ko Bachao’ campaign with Special Customer Schemes
Ampere Electric Vehicle has announced an eco-friendly campaign ‘Kal Ko Bachao’ – riding on 3 critical pillars – better health, higher saving & better environment, all to create a …
Impact of Covid-19 on EV industry
All the bets are off the table due to the COVID-19 pandemic…especially for the automotive sector and the fledgling EV sector in India fares no …