Electric cars

Car maker Volvo announced it to only sell electric vehicles, starting in 2025. Notably, the giant company announced that it would go electric globally, from 2023, whereas the sale of electric cars would begin in 2025. In electric vehicles, the company currently sells the Volvo CX40 Recharge in India and confirmed that the compact SUV will be joined by its coupe-sibling called the Volvo C40 Recharge soon.

Tata Motors anticipates a better second half of the current fiscal year, with the carmaker aiming to sell 50,000 electric vehicles (EVs) in the fiscal year ending March 31. With double EV sales in 2023/24, the firm also looks for a significantly better supply condition and commodity price stability. On July 4, Tata Motors Chairman N Chandrasekaran stated the company will be one of the global leaders in green mobility.  

Bharat petroleum Corporation Limited (BPCL) has planned to offer Electronic Vehicle charging (EV) stations at around seven thousand petrol pumps over the coming years, throughout the country. EV charging infrastructure is one of the five focused working sectors of the BPCL, showed reports. The EV charging infrastructure will provide the company new business opportunities as well as hedge against the risk of displacement of fuels, said Arun… read-more

Daimler, Mercedes-Benz's parent company, has decided to enter the all-electric cars market by the end of 2030 by investing more than $47 billion by 2022. The company on July 22, said that along with its partner, it will build eight battery plants, ramping the EV production. The German luxury carmaker proposed an electric future by making all new vehicle platforms electric by 2025.

Jaguar Land Rover (JLR), owned by the Tata Group, is aiming to launch 10 new products in 2022. The new products will include both, new generation cars and SUVs, and the upgraded version of existing models. Rohit Suri, president and director, JLR, stated that the models will have new facelifts, body designs, and power trains. Notably, the luxury British automaker aims to be an all-electric car brand from 2025.