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Considering the size of the proposed investment, it is expected to fall under the Mega Projects category under the EV Investment Policy of the Government of Telangana

Happy To Partner: Telangana Minister Invites Elon Musk To “Set Shop” In India

Siddharth S

Economy

KTR said on Twitter “Will be happy to partner Tesla in working through the challenges to set shop in India/Telangana “

MG Motor India, ACMA Forge Alliance To Promote Skill Development In EV Component Industry

ACMA will utilise ZS EV to educate and foster skill development in the EV component industry

Tata Power Installs Over 1,000 EV Charging Stations In India

Tata Power EZ Chargers ecosystem covers the entire value chain of public, captive, bus/ fleet and home chargers.

Semiconductor Shortage Temporary, Expected To Be Over By 2022: Bhargava

'The shortage of semiconductors is a temporary problem partly due to COVID-19. Our estimation is that this shortage problem will be over by 2022,' Bhargava said while responding to a query by a shareholder.

Electric Two-Wheelers May Account For 10 % Of Overall Sales In 2-3 Yrs: Ather Energy

The upfront cost of an electric two-wheeler and that of a petrol counterpart is almost similar at present, which along with the added advantage of lower running cost make it more attractive for customers.

EV Policy Needs To Be Rejigged To Make It More Effective: Hero Electric

Under the second phase of the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) scheme, 10 lakh registered electric two-wheelers with a maximum ex-factory price are eligible to avail incentive of Rs 20,000 each.

Online Multi-Brand EV Store Blive Raises USD 1 Million``

Companies & Markets Sector Reports

A major part of the investment will be utilised towards brand building and customer acquisition for electric vehicle (EV) marketplace, BLiveEV Store

Toyota Develops Fuel Cell System To Cut Carbon Footprint

The FCV segment remains a niche technology despite Japanese government backing, amid concerns about lack of fuelling stations, resale values and the risk of hydrogen explosions.

Samsung SDI To Invest $849 Million To Expand EV Battery Plant In Hungary

Samsung SDI, an affiliate of South Korean tech giant Samsung Electronics Co Ltd, began production at the Hungary plant in 2018, producing batteries for 50,000 EVs a year.

Manufacturer For Hire: China's Geely Sets Out To Become A Force In Electric Cars

A subsequent agreement to build mass-market electric vehicles for embattled Los Angeles-based startup Faraday Future would be handled by the venture with Foxconn.

Foxconn Taiwan Auto JV Aims To Roll Out EV Bus In October

Companies & Markets Sector Reports

Foxconn has ramped up its interest in EVs over the past year or so, announcing deals with Chinese EV maker Byton and Chinese automaker Zhejiang Geely Holding Group.

US Asks Tesla To Recall 158,000 Vehicles For Touchscreen Failures