Boosted by strong electric vehicle sales, Chinese car makers will be in the spotlight at the Bangkok International Motor Show this week, underscoring the growing challenge to Japanese auto giants that have long dominated Thailand’s vehicle market. Chinese automakers such as Geely’s Zeekr and state-owned Xpeng Motors are slated to unveil their latest EVs to … Read more
HYDERABAD: California-based Biliti Electric is investing Rs 400 crore in setting up the first phase of a manufacturing facility for electric three-wheelers (E3W) as well as well as Lithium-ion (Li-Ion) battery packs at Velimela on the outskirts of Hyderabad.The new facility, which is spread over nearly 13 acres, will have a phase-1 capacity to produce … Read more
South Korean automaker Kia is looking to expand production, sales network and its product range in India next year as part of an “aggressive business” plan to counter enhanced competition in the market, a top company official said on Thursday. The automaker, which on Thursday globally premiered the latest version of its compact SUV Sonet, … Read more
India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, according to people familiar with the Indian government’s thinking. An announcement could come at the Vibrant Gujarat Global Summit in … Read more
Mercedes-Benz CEO Ola Kaellenius told Reuters the automaker’s newest electric vehicle architecture, launching with the CLA compact electric sedan late next year, will target 30% to 35% more driving range for each kilowatt-hour of energy stored in the battery than the brand’s current EVs. Mercedes will also offer a lithium-iron-phosphate, or LFP, battery in the … Read more