Punjab to set up now dedicated EV fund to help finance purchase of EVs
INDIA, 26 June 2023: The Punjab government has announced an INR 300 crore incentive scheme to promote the adoption of electric vehicles (EV) in the state. The scheme will cover….
Tag: #EV
Universal EV Chargers’ NACS integration makes charging simple for EV owners of all brands
TEXAS, 26 June 2023: Universal EV Chargers LLC has announced the successful integration of NACS (North American Charging Standard) charging ports into its extensive charging network. This strategic move comes….
India electric vehicle market to soar to USD 113.99bn by 2029
PUNE, 26 June 2023: The India electric vehicle market is expected to grow at a CAGR of 66.52% from 2022 to 2029. The market is being driven by the rising….
Miami-Dade County commits to zero-emission buses with order of 100 New Flyer Xcelsior CHARGE NGs
USA, 25 June 2023: Miami-Dade Transit (MDT) has awarded NFI Group Inc (NFI) a contract for 100 zero-emission, high-capacity New Flyer buses and the necessary charging infrastructure. This marks the….
Nauticus secures contract to unlock autonomous subsea robot with Petrobras
HOUSTON, 24 June 2023: Nauticus Robotics Inc, a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, has been awarded a contract….
The rise of axial flux, in-wheel motors: What you need to know
BOSTON, 23 June 2023: The electric vehicle (EV) market is growing rapidly, and with it, the demand for electric motors. Traditional radial flux motors are still the dominant form of….
Abu Dhabi-backed fund invests USD 738.5m in NIO to boost global EV growth
CHINA, 22 June 2023: NIO Inc, a leading Chinese electric vehicle (EV) maker, announced that it has entered into a share subscription agreement with CYVN Holdings LLC, an investment vehicle….
OLA’s Gigafactory to make India a global EV manufacturing hub
INDIA, 22 June 2023: Ola has commenced construction of its 100GWh gigafactory in Tamil Nadu, India. The factory, which is spread across 115 acres, is expected to commence operations by….
Panasonic Energy, Mazda to make EVs more affordable & sustainable
JAPAN, 22 June 2023: Panasonic Energy Co Ltd and Mazda Motor Corporation have agreed to enter into discussions on establishing a medium to long-term partnership to meet demand for battery….
SIDBI launches mission EVOLVE to make EVs more affordable
INDIA, 21 June 2023: The Small Industries Development Bank of India (SIDBI) has launched Mission EVOLVE (Electric Vehicle Operations and Lending for Vibrant Ecosystem) to promote affordable commercial EV financing in….