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Ola Electric on Tuesday launched its new entry-level electric scooter S1X with an initial price of Rs 79,999, accelerating its challenge to its conventional engine counterparts. The company also showcased four electric motorcycles that will be launched by the end of 2024. The new S1X electric scooters come in three variants: S1X (with 2KWh battery),…
In a bid to enhance green mobility, the Union Cabinet on Wednesday approved the ‘PM-eBus Sewa’ scheme, which will provide 10,000 electric buses to 169 cities in a public-private partnership (PPP) mode. The estimated cost of the scheme is Rs. 57,613 Crores out of which Rs. Union Minister Anurag Thakur told a press conference that…
Gogoro, an electric vehicle battery replacement solution provider, on Thursday announced a partnership with Swiggy to promote its electric Smartscooters to last-mile delivery partners of the on-demand convenient delivery platform across India. Gogoro founder and CEO Horace Luke said Gogoro and Swiggy will provide passengers with a seamless path to adopt sustainable electric transportation and…
Luxury carmaker Mercedes-Benz is betting big on India’s growing electric vehicle market and expects its electric vehicle portfolio (now and in the future) to account for 25% of its total car sales in the next three years, growing from the current level of 3% to 4%. Mercedes-Benz on Thursday launched its new petrol/diesel SUV GLC…
The U.S. Federal Trade Commission (FTC) is expected to launch an in-depth investigation into Qualcomm’s acquisition of Israeli automotive chipmaker Autotalks on Wednesday, Politico reported on Tuesday, citing people familiar with the matter. In May this year, Qualcomm said it would acquire Israel’s Autotalks, a manufacturer of automotive anti-collision technology chips, but did not disclose…
Xiaomi has received approval from China’s national planning authorities to produce electric vehicles (EVs), two people familiar with the matter said, marking a major step for the smartphone maker towards its goal of producing the cars early next year. The National Development and Reform Commission (NDRC), which oversees new investment and production capacity in China’s…
TVS Motor Company has launched its premium electric crossover two-wheeler, TVS X, targeting the Millennials and Generation Z in India and abroad. The launch price is Rs. The electric two-wheeler, worth Rs 2.5 lakh, is equipped with a high-performance battery pack with an installed capacity of 4.44kWh, an acceleration time of 0-40km/h in 2.6 seconds,…
The acting head of the U.S. National Highway Traffic Safety Administration (NHTSA) told Reuters the agency will conclude a two-year investigation into Tesla’s Autopilot and may make an announcement soon. “We will reach a resolution on (the Tesla investigation),” Ann Carlson, acting director of the National Highway Traffic Safety Administration, told Reuters in an interview…
India is working on a new electric vehicle policy that would slash import taxes for automakers working on some local manufacturing, people familiar with the matter said, following a proposal by Tesla. Tesla is considering entering the domestic market. Two sources, including a senior Indian government official, said the policy under consideration could allow automakers…
Chinese smartphone maker Xiaomi reported a 4% drop in second-quarter revenue as China’s mobile phone market shrank, but said its push into electric vehicles was ahead of schedule. Sales fell to 67.4 billion yuan (nearly 764.5 billion rupees) from 70.17 billion yuan (nearly 806.5 billion rupees) in the same period last year, but were higher…