The Ola Electric vehicle will be available in 2024 and will have a range of 500 kilometers. On India's 75th Independence Day, it also unveiled the S1 scooter and a new battery. During the occasion, Ola CEO and co-founder Bhavish Aggarwal spoke about launching an EV revolution in India. The only information Ola provided was that the automobile will go from 0 to… read-more
Courtesy: Indian Express
The Ola S1 debuted in India on August 15 as the company's second electric scooter. The Ola S1 has a 3KWh battery and a peak speed of 95kmph. It has an ARAI range of 131km and a normal range of 101km. The electric scooter also has software capabilities such as music, navigation, a companion app, and a reverse mode, and will enable upgrades into Move OS 3 and beyond.
Courtesy: Gadgets 360
Delhi-based sources claim the government is eager to modernize Prime Minister Narendra Modi's vehicle shortly and that PM is to switch to electric. PM will probably take this action in an effort to "lead by example," since the Centre is encouraging individuals to adopt EVs in order to lessen our carbon footprint. According to sources, several world leaders are also considering switching to electric vehicles.
Maruti Suzuki India intends to have robust hybrid technology across its model range in the next 5-7 years, as part of a drive to have environment-friendly technological aspects in each of its vehicles, enabling higher fuel efficiency and a lower carbon footprint. The company's future mid-size SUV will have a powerful hybrid powertrain. Hybrid automobiles combine the benefits of fuel engines and electric motors.
Courtesy: DNA INDIA
BMW India will unveil its first all-electric Gran Coupé, the BMW i4 on May 26. It is the five-door variant with fifth-generation BMW eDrive technology for sporty performance statistics. It has a range of up to 590 kilometers and five comfortable full-sized seats, making it the ideal companion for any travel. The new automobile emits no local emissions on the road and makes every journey stress-free.
Courtesy: Zee Business
With a glimpse of the electric car debuting in 2025, the Mercedes-Benz Vision AMG Concept will propel the sports brand into the future. The Mercedes-Benz Vision AMG Concept is built on Mercedes-specialized Benz's AMG. The architecture and driveline components for the EA are built from the ground up. Axial flux motors from Mercedes subsidiary YASA provide the energy. It also borrows certain styling elements from the Mercedes Formula One… read-more
The new Avinya concept EV has unveiled by TATA Motors. The vehicle comes with a completely different look and features a new GEN3 architecture with a range of 500 km in under 30 minutes of charging. TPEM claimed Avinya is a machine that engineered to be smart, specious, sustainable yet techy. The design is a mixture of a hatchback, an MPV and a SUV.
Gothenburg-based Volvo Car said on October 29 that their Initial Public Offering (IPO) was oversubscribed, ''as it attracted strong interests from the institutional investors'' in Sweden's Stockholm. Reportedly, the IPO was priced at 6.22 dollars per share, and the company wishes to distribute nearly 380 million new shares. Once shares are sold, the company will also use the money for its electric-only model line-up.
Tesla Inc's market value exceeded $1 trillion on October 25 after receiving its largest-ever order from rental vehicle business Hertz, a purchase that reaffirmed the electric car leader's intentions to outsell the whole auto industry over the next decade. Tesla's stock soared 14.9 percent to $1,045.02, making it the most valuable manufacturer. Tesla is the first automobile manufacturer to join Apple, Amazon, and Microsoft in exclusive club of… read-more
In the biggest development, Lei Jun, Chief Executive of Xiaomi on October 19 said it will start producing its own cars in 2024. This was posted on the verified Weibo account of a director in Xiaomi’s international marketing department. Reportedly, the company will also be investing $10 billion in the electric car section, in the upcoming 10 years. Besides, the company’s shares also increased by 5.4%.