‘New EV manufacturing policy aims to attract global players and domestic value addition’
The new policy sets the stage for a vibrant future-mobility global manufacturing hub in India, Marwah added.
The new policy sets the stage for a vibrant future-mobility global manufacturing hub in India, Marwah added.
It aims at promoting India as a manufacturing hub.
In addition, “Fisker intends to reduce its workforce by approximately 15 per cent”.
Rechargeable battery exports continued to increase to $9.98 billion in 2022 after exceeding $5 billion in 2017.
The electric car company registered a record delivery of 1.8 million EVs in 2023.
Asurge in Chinese electric vehicles (EVs) is sending ripples of uncertainty through Western markets. Memories of the “China shock” in the late 1990s, which saw a million American manufacturing jobs lost to Chinese competition, still linger, fuelling fears of another disruptive economic earthquake.
In a notification sent to users, the EV startup said that we are introducing a new pricing structure for different times of the day.
The establishment of VinFast's integrated EV facility in Tamil Nadu is anticipated to generate approximately 3,000-3,500 employment opportunities locally.
Elon Musk-run electric vehicle (EV) company Tesla on Tuesday said it delivered 1.81 million cars in 2023, which is a 38 per cent growth (year-on-year).
Leading automaker GM has paused sales of its new Chevy Blazer EV after reports of software issues, and is working on to roll out a fix.