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October 23, 2023
The fund will target Artificial Intelligence and Electric Vehicles related startups, that are incubated in India, and are specially focused to serve Indian consumers and businesses.
October 19, 2023
Karnataka has registered around two lakh EVs in the State, making it the third highest in the country, Large and Medium Industries Minister M B Patil said. | Bengaluru News
October 18, 2023
Volta Trucks Bankruptcy: Volta, which is headquartered in Sweden and has operations in the United Kingdom, said the bankruptcy in August of electric vehicle parts supplier Proterra and uncertainty over its battery supplier had cut the number of trucks it was able to produce and made it hard to raise sufficient capital.
October 16, 2023
WM Motor China Restructure: Founded in 2015 by renowned auto veteran Freeman Shen, WM Motor was seen to be among rising Chinese EV startups Nio , Li Auto and XPeng. Its backers included Chinese tech giant Baidu and Shanghais state-owned asset regulator.
October 8, 2023
Industry executives view the lukewarm response to Ola and Ather's fundraising as a warning sign despite the startups' rapid growth.
September 22, 2023
As sustainability takes center stage, EV companies attract talents and investment for growth
September 18, 2023
EV Truck China EV Market: A viable cold storage electric vehicle could be a lucrative niche for Singauto inside the Chinese EV market, the worlds largest. The cold-chain logistics market is dominated by internal combustion vehicles, partly because refrigerating the cargo consumes so much of the power from the battery that the range of electric versions could be limited.
September 2, 2023
The surge in sales happened despite a 25 percent cut in subsidies in May, which resulted in a massive decline in volumes in June. However, the August numbers are lower than the figures prior to the cut in subsidies
August 4, 2023
Teslas Price War: Even market leader Tesla has warned of "turbulent times" and traditional automakers with deeper pockets including Ford Motor are losing money on EVs. The squeeze has already claimed its first casualty in electric truck maker Lordstown Motors, which filed for bankruptcy in June.
August 3, 2023
Even market leader Tesla has warned of "turbulent times" and traditional automakers with deeper pockets including Ford Motor are losing money on EVs. The squeeze has already claimed its first casualty in electric truck maker Lordstown Motors, which filed for bankruptcy in June.