Global electrification, previously driven by strong electric vehicle sales, is now showing signs of growth moderation despite supply chain normalisation and price reductions by OEMs, as per a report by JM Financial Institutional Securities.
At least 12 people were killed while 39 other suffered injuries on Sunday in Indonesia after an explosion at a nickel-processing plant, media reports said.
Hero MotoCorp has acquired an additional 3 per cent stake in electric vehicle manufacturer Ather Energy for nearly Rs 140 crore.
Also gives nod to setting up of public EV charging stations
As electric vehicles are taking centre-stage the theme "Electric Mobility Innovate for India" this year's MG Developer Program will focus on expanding the innovation platform for startups, developers, and innovators.
“The department is looking for spaces under Kolkata Municipal Corporation for setting up the charging stations. In the next few months, the city and its adjoining areas will have enough charging stations"
During the deliberation on the EV charging stations in the city, different EV vehicle infrastructures adopted by other leading cities like Delhi, Mumbai, Ahmedabad and Jaipur were discussed.
“The NKDA area has eight charging stations and the same are to be mapped onto Google Map at the earliest. The NKDA is putting efforts to create an ecosystem alliance with private mobility players, aggregators, government entities to develop a ‘Centre of Excellence for EVs,”
Hyundai Motor boosted EV sales with its Kona EV, all-electric Ioniq 5 and Porter electric trucks earlier this year
The company has had strong demand in the US, which could explain the extraordinarily long delivery timeline
