Page 16 - Ev Makers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Legacy automakers, such as General Motors and Ford, are struggling to catch up with Tesla in the electric vehicle (EV) market. Tesla's 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. China's BYD has successfully transitioned to profitable EVs by focusing solely on electric vehicles, showing that traditional automakers may need to make significant changes to succeed in the EV market.

RELIANCE INDUSTRIES LIMITED: The batteries can be swapped at Reliance's 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.