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VW EV: Derived from the so-called modular electric drive matrix (MEB), Volkswagen's existing electric-only platform in use since 2019, it will primarily use Chinese suppliers and should be ready for market in 2026, a third faster than previous platform development times, he added.
Mahindra & Mahindra is planning to launch the fully electric version of its XUV300 SUV in the Indian market by early 2023, reports PTI.
Shares of Hyundai Motor Corporation and its affiliate Kia fell 15% and 6% in Asian Hyundai added it was receiving "requests from multiple companies for cooperation in joint development of autonomous, electric vehicles but nothing has been decided since it's in early stage." According to a report from Bloomberg, Apple paused discussions with Hyundai and Kia weeks ago about building an electric vehicle. Advertisement As prospects for a partnership with the two South Korean carmakers dim, many investors remain confident Apple should partner with an established auto company to enter the electr...