Igarashi Motors India Limited has reported robust financial results for the first quarter ended June 30, 2024, sending its shares up 11%. The company saw significant growth across key metrics,…
electrification
The Society of Indian Automobile Manufacturers (SIAM) conducted a workshop to address the skill gap, and empower an EV-ready workforce in the automotive sector. Addressing the audience at the forum,…
BluSmart has announced the successful completion of Pre-Series B funding round securing $24 million (INR 200 Crores) in investment. The fundraise saw participation from new investors comprising notable names, including…
Highlighting the need to create a new overarching strategy for road transport that can boost transition to Electric Vehicles (EV), G20 Sherpa and former NITI Aayog CEO, Amitabh Kant said…
According to Tata Motors Executive Director Girish Wagh, electrification gives access to numerous markets where restrictions previously served as barriers to entry. According to the company’s senior executive, Tata Motors’…
Extending the date of implementation of a new kilowatt-hour (kW/hr) fee on electric vehicle (EV) charging stations, Georgia Governor Kemp has signed HB 516 into law. With this delay, the…
In Dangjin, Chungcheongnam-do, Webasto has announced that it has enlarged its state-of-the-art manufacturing for electric car battery packs and had a completion ceremony. Webasto is increasing its operations in Korea…
A non-binding Memorandum of Understanding was signed by Tata Passenger Electric Mobility Ltd. (TPEM), a division of Tata Motors Ltd., and Vertelo, an integrated fleet electrification platform managed by Macquarie,…
Vertelo, a new platform for end-to-end fleet electrification in India, was introduced by Macquarie Asset Management, a division of Macquarie Group, along with an announcement of a $1.5 billion investment…
Hyundai Motor Group has entered into a 174-megawatt power purchase agreement (PPA) with a solar energy project headed by Matrix Renewables of Spain. Currently under construction in Georgia, Hyundai Motor…