Will This EV Startup Succeed Where Others Failed?
The brand's EV lineup will consist of three models: a cargo van, panel van and step-in van, all aimed at logistics businesses ...
EV battery makers seek GST cuts and inclusive PLI scheme in Union Budget 2025
With a focus on enhancing local manufacturing, affordability, and accessibility, key industry players are urging the ...
Boost for EV battery manufacturing: 35 additional capital goods come under customs tax exemption
"To the list of exempted capital goods, I propose to add 35 additional capital goods for EV battery manufacturing, and 28 additional capital goods for mobile phone battery manufacturing. This will ...
How GM Topped Tesla To Become One Of The Fastest-Growing U.S. EV Makers
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed ...
Better EV Stock: Lucid vs. Rivian
Rivian should be gross profit positive in the fourth quarter and aims to expand its customer base. Rivian looks like a better ...
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Budget 2025 Corporate Reactions Live Updates: FM enhances credit to MSMEs, startups; industry leaders hail the move
Finance Minister Nirmala Sitharaman announced major changes related to credit guarantee, income tax, etc in Union Budget 2025. Leaders from the EV, automobile, manufacturing, energy, and tech industri ...
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EV Startup Canoo Announces Bankruptcy Filing
As more and more drivers around the world invest in electric vehicles, both existing automakers and startups have vied to get ...
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Honda wants to launch an EV for under $30,000 in the US as early as next year
According to Nikkei, Honda plans to launch a smaller EV priced under $30,000 in the US as early as 2026. It will be made ...
Budget 2025 Corporate Reactions Live Updates: FM to table budget today, will it fulfil industry stakeholders’ wishlist?
Finance Minister Nirmala Sitharaman will present the budget for the FY 2025-26. Leaders from the EV, automobile, ...
Rivian’s Volkswagen partnership could reshape the EV market
The joint venture with Volkswagen is drawing interest from other automakers eager to adopt Rivian's advanced tech, signaling ...
GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
2024 Jeep Wagoneer S EV: Tech, value, power make it a top luxury SUV, but no off-roader
LA JOLLA, California – The electrification of Jeep is off to a strong start. The plug-in hybrid Wrangler and Grand Cherokee ...