Foxconn To Set Up A Massive Battery Plant In Tamil Nadu
India’s largest contract manufacturer company, Foxconn, is planning to establish the world’s second-largest Battery Energy Storage System (BESS) in Tamil Nadu. The Tamil Nadu government has offered 200 acres of land to the company for this massive project. The discussion for this project is in the final stage. Also, an official revealed that Tamil Nadu…
Yash Sharma
Ola Electronics Partner With EY To Streamline Business
Bhavish Agarwal has partnered with the consulting firm EY India for Service Transformation. This initiative was taken after the company faced much backlash from customers and challenges in addressing the issues. Ola Electronics is one of the leading two-wheeler companies that aims to build the ‘World’s Largest Electric Vehicle Ecosystem At One Site‘. Sadly, the…
ABHYUDAYA MITTAL
Ola Electronics Receives Regulatory Notice
The Central Consumer Protection Authority (CCPA) issued a notice to Bangalore-based electronic manufacturer Ola on October 3, considering a bundle of consumer complaints regarding service issues. The notice suggested that the electronic scooter company had breached multiple Consumer Protection Act 2019 provisions, including deficiencies, misleading advertisements, unfair trade practices, and consumer rights violations. The National…
Shipra Prajapati
Tata Punch Shines with 5-Star BNCAP Crash Test Rating
Tata Motors, India’s top car manufacturer, has earned a 5-star rating for its Punch.ev electric vehicle (EV) in the Bharat NCAP crash test results. This significant achievement not only makes Tata Motors the first company to be certified under the Indian New Car Assessment Program, known as BNCAP, but also underscores the safety benefits of…
Vipin
Elon Skips Gujarat Summit But Tesla Welcome To Invest
Gandhinagar, Gujarat is set to host the 10th annual Vibrant Gujarat Summit from 10 Jan 2024 to 12 Jan 2024. Delicacies from many countries are attending this summit. However, one of the biggest guests and the CEO of Tesla Automotive has confirmed that he will not be attending the summit, a senior government official disclosed….
Navigating The Future with Innovations in Electric Vehicles
We often see tech-minded people talking about future cities in which they emphasise electric and automatic vehicles. Electric vehicles are gradually taking over the automobile industry, and a concrete infrastructure is required due to the constant demand for innovation in the electric vehicle industry to match evolving customer needs. Seeing electric cars on the road…
India Records 1 Million EV Units Sales In FY 2023
The data released by the Society of Manufacturers of Electric Vehicles (SMEV) showed record-high sales for electric vehicles in India for the financial year 2023. The data showed that the EV industry had witnessed sales of 11,52,021 units, and this number increased by 58% compared to 7,26,861 units sold in the previous year. Out of…
abhinav singh
Tata Motors Asks For $600 Million To Expand EV Business
Back in the funding game, Tata Motors asks for $600 million in funding from global investors to set the electronic vehicle business in motion. Already marking its presence in the EV segment, it is not the first time that Tata has asked for funding. The auto giant has already raised $1 billion from TPG’s Rise…
Elon Musk Sold A Huge Chunk Of Shares In EV Business
Tesla CEO Elon Musk sold about 22 million shares of his electric vehicle business, which was worth around $3.6 billion, according to the financial filing out on Wednesday. The transaction took place between Monday and Wednesday, according to the filings with the Securities and Exchange Commission. Earlier this month, Elon stated that he had no…
Aman Goyal
Chinese Carmaker To Bring Electric SUV To Indian Market Soon
World’s largest electric vehicle company by volume ━ BYD ━ to step into the Indian mainstream electric vehicle market with an electric SUV. The electric car is expected to run on Indian roads in the upcoming festive season. According to the reports, Warren Buffet-backed, a Chinese electric vehicle manufacturer, which took over Tesla last year,…
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