As per reports, the electric vehicle (EV) maker finished 2023 with more than 140,000 employees, meaning the job cut could impact over 14,000 workers. Source link
India’s flagship electric vehicle incentive program, Faster Adoption and Manufacturing of Electric Vehicles (FAME), is set to enter its third phase with an estimated outlay of Rs 10,000 crore. The Economic Times reports that FAME-III is expected to be launched within the first 100 days of the new government taking charge in June. Incentives for […]
Mercedes-Benz India is gearing up to expand its electric vehicle lineup with the launch of the EQA SUV on July 8, 2024. This addition will bring the total number of Mercedes EVs in India to four including the EQB seven-seat SUV, EQE SUV, and EQS sedan. Read here to know all about this upcoming EV. […]
Hyundai Motor India Ltd plans to launch four electric vehicle models in future, including Creta EV, in the last quarter of the current fiscal, according to the company’s preliminary IPO papers filed with Sebi.
The company is looking to maximise the price competitiveness of its electric vehicle (EV) models and intends to focus on securing […]
The Bureau of Indian Standards (BIS), operating under the Ministry of Consumer Affairs, Food & Public Distribution, has unveiled two new safety standards for electric vehicles (EVs). These standards, IS 18590: 2024 and IS 18606: 2024, aim to enhance the safety of EVs by ensuring their critical components, particularly the powertrain, adhere to stringent safety […]
Mumbai: The Indian Electric Vehicle (EV) market is expected to grow in the range of 35-40 per cent CAGR till the year 2027, according to a report on Wednesday. The report by Niveshaay, which manages the Green Energy smallcase (a portfolio of stocks, which will benefit from the renewable energy sector development), showed that EV […]
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