Tag Archives: EVs

Canada’s Largest Pension Bought Apple Stock and Sold Tesla, EVs

By | 05/29/2023

Text size Canada Pension Plan’s manager scooped up Apple stock in the first quarter. Punit Paranjpe/AFP via Getty Images Canada’s largest public pension was more upbeat on iPhones than electric vehicles in the first few months of 2023. Canada Pension Plan scooped up Apple stock (ticker: AAPL), and slashed positions in EV makers Tesla (TSLA),… Read More »

Nvidia Is the New Flagship Growth Stock. AI Tops EVs.

By | 05/25/2023

Text size Can Nvidia’s incredible stock performance take some eyeballs, and investment dollars, away from EV leader Tesla? William West/AFP/Getty Images Well, that was a surprise. Nvidia (ticker: NVDA) blew away current quarter sales guidance off the strength of its artificial intelligence-related business. The stock is on pace for a truly epic gain. For Tesla… Read More »

Ford no longer stuck in ‘valuation box,’ 2nd-gen EVs will unlock profitability, CEO says

By | 05/22/2023

Ford’s (F) transformation into three business units —focusing on gas-powered cars, electric vehicles, and commercial customers — is less than two quarters old. And investors still have a lot of questions for the 120-year-old automaker and how CEO Jim Farley intends to push profitability. “I think this is a chance for investors to go deep… Read More »

Bhopal Airport Receives First EVs, Will Replace Internal Combustion Vehicles by 2024: AAI Director

By | 05/20/2023

Bhopal Raja Bhoj airport (Photo: Wikipedia) The AAI asked the airport authorities to start replacing the vehicles with with EVs. In a move to contribute to a pollution-free environment, and make the campus a zero carbon emission zone, the Airport Authority of India (AAI) in Bhopal’s Raja Bhoj airport introduced two electric vehicles. It is… Read More »

Toyota Chief Scientist Says Forcing EVs Will Make People Hold On To Their ICE Cars

By | 05/19/2023

Many automakers have already announced when they’ll stop selling cars equipped with combustion engines, but Toyota is not on that long list. Instead, the Japanese automaker has been quite vocal about not rushing the demise of the ICE as it believes the world just isn’t ready to go fully electric. In fact, Chief Scientist Gill… Read More »

Not enough resources for EVs to be only cleaner car option, Toyota says

By | 05/18/2023

TOKYO (Reuters) – A lack of resources means battery electric vehicles (BEV) cannot be the auto sector’s only answer to climate change, Toyota Motor Corp’s top scientist said Thursday, warning that focusing on BEVs could lead some drivers to hold onto polluting vehicles. Some investors and environmental groups have long criticised Toyota for being slow… Read More »

With 3-time hike, incentives on buying EVs touch Rs 15cr in city | Chandigarh News – Times of India

By | 05/15/2023

CHANDIGARH: The UT administration has received Rs 15 crore for paying incentives to buyers of electric vehicles (EVs) for this fiscal year, raising the budget three times as compared to Rs 5 crore allotted last year from September when the new EV policy was launched.The amount – earmarked in the 2023-2024 budget of the administration… Read More »

Buffett on investing in EVs: ‘You won’t see anyone that owns the market’

By | 05/08/2023

It’s premature to declare any winners in the electric vehicle competition, Warren Buffett said on Saturday. There’s just too much uncertainty in the sector. “You will see a change in the vehicles, but you won’t see anyone that owns the market because they changed the vehicles,” Buffett said at Berkshire Hathaway’s (BRK-A, BRK-B) annual meeting.… Read More »

Major law changes which could affect petrol stations, MOTs and EVs

By | 05/04/2023

In recent months, the Government has launched a handful of new consultations to streamline the motoring industry and boost efficiency. As the cost of living crisis continues to hammer millions of Britons, it is hoped these consultations will lead to changes to save money for drivers. MOT test changes Proposals for new MOT test rules… Read More »

PM against ‘Chalta Hai’ Attitude, Govt Working on Standards for Drones And EVs: Piyush Goyal

By | 05/04/2023

Union Commerce and Industry Minister Piyush Goyal. (File pic: News18) The government is inviting the industry for suggestions on testing infrastructure and in case of a requirement for modern testing infrastructure, it would help to set it up Union Minister of Commerce & Industry Piyush Goyal said Prime Minister Narendra Modi is against “chalta hai”… Read More »

EV Is The Future, Indian Auto Component Makers Should Focus on​ This Sector: Piyush Goyal to News18

By | 05/03/2023

Union Commerce and Industry Minister Piyush Goyal. (File pic: News18) Regarding imports from other countries, the Union Minister told News18 that the government has no intention of restricting the process since it is a free market, but the Indian component industry should start making good quality components with competitive prices Union Minister of Commerce & Industry,… Read More »

Zypp Electric Deploys 2K EVs in Bengaluru, Plans to Add Many More Soon

By | 05/03/2023

Published By: Paras Yadav Last Updated: May 03, 2023, 11:18 IST Zypp Electric (Photo: IANS) Zypp further plans to install 100+ Gogoro battery swapping stations at its Bengaluru hubs in the next 12-18 months EV-as-a-service platform Zypp Electric on Tuesday announced the deployment of 2,000 electric scooters in Bengaluru and aims to deploy 8,000 more… Read More »

This week in EVs: Tesla’s sky-high costs; Rivian slapped with lawsuit | Pro Recap

By | 04/30/2023

Investing.com — Here is your weekly Pro Recap of the past week’s biggest headlines in the electric vehicle space: Tesla’s lofty capex and labor law violations; the end of the Chevy Bolt at GM; a muddy lawsuit for Rivian; layoffs at Stellantis; and Mullen’s probe into “improper trading” in its shares. Get news like this… Read More »

Maruti Suzuki to launch Toyota-based 7-seat hybrid SUV soon: Six EVs by 2030 – Times of India

By | 04/27/2023

Maruti Suzuki India Ltd. (MSIL) has revealed that it is all set to launch a brand-new 7-seat hybrid SUV in the Indian market in the next two months. It has also been confirmed that the premium SUV will make use of Toyota’s strong-hybrid system. While details about the upcoming vehicle are scarce for now, we… Read More »

Designing EVs for India, from India: Interview with Gaurav Kumar, Head of Supply Chain & Manufacturing, Euler Motors

By | 04/26/2023

Euler Motors, founded nearly half a decade back in 2018, is an emerging electric commercial vehicle manufacturer, headquartered in New Delhi. The brand recently launched its first product in the form of the HiLoad EV in the Indian market. Recently, we had the opportunity to speak with Gaurav Kumar, Head of Supply Chain & Manufacturing,… Read More »

Fisker Gets Green Light to Deliver Its EVs. The Stock Is Soaring.

By | 04/26/2023

Electric-vehicle start-up Fisker can start delivering cars to customers. Investors are happy. Fisker (ticker: FSR) on Wednesday announced its Ocean SUV has been certified for sale by European regulators. Deliveries will start May 5.

Wale Tinubu’s Oando trails GIG Logistics, introduces EVs to Lagos transport sector

By | 04/26/2023

Oando Clean Energy Limited (OCEL) has made an inroad into the transportation business in Lagos State, acquiring and taking delivery of undisclosed number of electric vehicles from Chinese carmaker, Yutong Bus. OCEL is the clean energy arm of Oando Plc, largely owned by Wale Tinubu. His company signed a Memorandum of Understanding (MoU) with the… Read More »

Mercedes Says EVs “Technically Superior” To E-Fuel Combustion Cars

By | 04/26/2023

The new Mercedes-Benz E-Class debuted yesterday with carryover engines from its predecessor but generally speaking, this isn’t a path the automaker will continue to follow in the coming years. Instead, Mercedes will focus on electric vehicles as it finds them “technically superior” to combustion engines, even if they work on e-fuels. The company’s CEO, Ola… Read More »

Skoda Teases Six EVs Coming By 2026, Including Octavia-Like Wagon

By | 04/26/2023

Skoda held a press conference today to announce plans for a veritable EV onslaught with no fewer than six models coming by 2026 to cover various segments of the market. Leading the way will be a “Compact” model scheduled to go on sale next year as the Elroq. It’s being developed as an electric successor… Read More »

Elon Musk urges entrepreneurs ‘please refine lithium’ as EVs face choke point

By | 04/23/2023

Tesla (TSLA) CEO Elon Musk this past week reminded investors of a growing challenge in the US when it comes to the electric vehicle industry — securing refined lithium for EV batteries. “The choke point is much more on refining capacity than it is on mining. Lithium is actually is very common throughout the world,… Read More »

Rise of EVs Drives Mining Deals to Decade High

By | 04/23/2023

Rise of EVs Drives Mining Deals to Decade High

MG Motor India Expects 30 Percent of Sales from EVs in 2023 Ahead of Comet Launch

By | 04/23/2023

Bullish on electric mobility MG Motor India expects 30 percent of its sales to accrue from the electric vehicle segment this year as it gears up to introduce its second offering in the vertical next month, according to the company’s President and Managing Director Rajeev Chaba. The company, which currently sells ZS EV in the… Read More »