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Toyota – Panasonic JV To Manufacture Electric Vehicle Batteries in 2020

Toyota is to hold a 51 percent majority stake with Panasonic owning the rest. Japanese firms, Toyota Motor and Panasonic plan to set up a joint venture in 2020 to manufacture batteries for electric vehicles, joining forces to compete more effectively on cost and scale with rising Chinese players in a key area for the future of […]

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Audi to Begin Production of its All-Electric PB18 e-tron Supercar

Bram Schot, CEO of Audi, confirmed the news that the company will make about 50 units of the Audi PB18 e-tron. German Luxury automobile manufacturer, Audi has confirmed that it will bring out its new PB18 e-tron all-electric supercar to low-volume production. The company has already launched less expensive models. But in an attempt to dominate the high-performance EV segment, the […]

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$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report

Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […]

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‘Rapid E’ to be First Aston Martin Electric Vehicle

The British car maker, Aston Martin has decided to manufacture 155 units in the first edition of Aston Martin’s electric vehicles. Aston Martin has revealed plan to manufacture its first all-electric vehicle ‘Rapid E’ that is its hybrid version of earlier model Rapid. The British car maker has decided to manufacture 155 units in the […]

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UK Commits $208 mn for Electric, Hybrid Vehicles

The fund is to be used for the research and development of electric and hydrogen fuel cell vehicles as well as battery technology in UK. Speaking at the Zero Emission Vehicle (ZEV) Summit in Birmingham, PM Theresa May has granted a package of USD 208 million for the research and development of electric and hydrogen fuel […]

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EVs and Self-driving Cars Soon to Ply on Dubai Streets

The strategy involves both short-term plans and ‘urgent steps’ to be taken over the next 12 months, as well as long-term plans that look forward up to the year 2040. Dubai’s Roads and Transport Authority (RTA) has approved new testing standards for electric, hybrid and self-driving vehicles in order to contribute in the development of […]

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Hanergy Allies with Bluecar to Study Scope of Solar Electric Vehicles

The companies involved in the strategic agreement would involve in the designing, manufacturing and producing solar electric vehicles in the future. A subsidiary of Beijing based leading solar manufacturer, Hanergy Holding Group has partnered with Bluecar, a subsidiary of France’s Bollore Group to discuss the scopes of design, manufacture and production in the field of solar electric […]

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Essel invests Rs 1750 Cr for Electric Vehicle Charging Stations in UP

Inaugurated by PM Modi, the stations and the swapping technology are the part of Essel Group’s Essel Green Mobility Limited program. The initiative comes along an investment of Rs. 1750 crore. To foster the use of Electric Vehicles in the country, the ESSEL Group’s Essel Infraprojects (EIL) has launched its electric vehicles charging stations and […]

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