Page 8 - Ev Makers News Today

The Centre is considering a request from Elon Musk-run Tesla to lower tariffs for imported electric vehicles (EVs) as the company looks into setting up a plant in the country, a media report said on Monday.

EV Companies: According to a top official at the heavy industries ministry, a sum of ₹183.15 crore has been paid back to e2w buyers so far. "Customers need to continue approaching the e2w makers to seek a refund. Once the companies give back the money, they need to furnish a proof of the same to IFCI. After that proof is verified, the funds parked with IFCI will be released to the companies," the official told ET.

Toyota Hosts Facility Tours to Prove Its Not Lagging Behind Other EV Makers

China Lithum Battery Industry: Chinas investment in the lithium battery industry has led to an oversupply of batteries, causing smaller manufacturers to face closures. By 2025, Chinas battery manufacturers are expected to produce quadruple the demand from EV makers, resulting in an estimated production capacity twice the demand levels.

Chinas investment in the lithium battery industry has led to an oversupply of batteries, causing smaller manufacturers to face closures. By 2025, Chinas battery manufacturers are expected to produce quadruple the demand from EV makers, resulting in an estimated production capacity twice the demand levels.

Legacy automakers, such as General Motors and Ford, are struggling to catch up with Tesla in the electric vehicle (EV) market. Teslas dominance is evident as it accounts for 61% of fully electric cars sold in the US, and its price cuts have reset customer expectations across the industry. Ford and GM have faced setbacks, including delays in battery manufacturing and production targets. Chinas BYD has successfully transitioned to profitable EVs by focusing solely on electric vehicles, showing tha...

RELIANCE INDUSTRIES LIMITED: The batteries can be swapped at Reliances battery swap stations or re-charged by households using rooftop solar panels, which also it plans to sell, the executives added.

Industry executives said that companies are trying to attract and retain professionals skilled in battery management systems, fuel cells and core engineering with pay hikes, retention bonuses and counter-offers

With ingenuity, a 6.5bn-tonne problem may be dodged

A newly-discovered lithium deposit in the U.S. dwarfs those in Australia and Chile. Here's why it's a big deal.