ETN Roundtable: Addressing the financial gap in India’s EV transition

India has made a strong commitment to e-mobility. The country's EV transition is gaining traction due to demand creation, State EV policies, and domestic manufacturing. Concurrentl...

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Triton EV set to manufacture H2-powered e-2Ws and e-3Ws in India

Triton Electric Vehicle has announced that it is set to enter hydrogen-run two-wheeler and three-wheeler segments. It will manufacture hydrogen-run two-wheeler and three-wheeler EV...

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e-2w startup iVOOMi to set up mfg. facility worth Rs. 200 crore in Pune

Maharashtra-based electric two-wheeler manufacturing start-up iVOOMi Energy has announced its plans to invest Rs 200 crore towards setting up a new manufacturing facility in Pune a...

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Renault, Vitesco partner to co-develop power electronics for electric, hybrid powertrain

European automotive manufacturer Renault Group and German tier 1 supplier Vitesco Technologies have signed a strategic partnership for joint development and production of power ele...

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British Int’l Investment to invest $250 million in M&M's new passenger e-car venture

British International Investment (BII), the UK's development finance institution and impact investor, has announced that it will invest $250 million in a new passenger electric veh...

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Hero Electric rolls out e-scooters from Mahindra’s Pithampur plant

Indian E2W brand Hero Electric announced the rollout of its first batch of electric scooters from Mahindra Group's Pithampur plant in Madhya Pradesh. Early this year, the company h...

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Volvo Cars announces new electric car manufacturing plant in Slovakia

With an investment of around € 1.2 billion, Swedish car maker Volvo Cars will be establishing its third manufacturing plant in Europe at Kosice, in the eastern part of Slovakia. Th...

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EV startup Mecwin India to set up mfg. plant worth Rs. 50 crore in Bengaluru

Electric vehicle startup Mecwin India has announced its plan to invest Rs 50 crore for setting up a manufacturing plant here for EV motors and controllers. The facility will cater ...

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OSM commissions new EV integrated manufacturing facility in Pune

E-mobility solutions provider Omega Seiki Mobility (OSM) has announced the opening of a new integrated manufacturing facility at Chakan, Pune. The firm, in an official announcement...

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Ford chooses Spain to make EVs based on next-gen architecture for Europe

Ford in Europe has announced its plant in Valencia, Spain as the preferred site to assemble vehicles based on a next-generation electric vehicle architecture. The plant is expected...

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Sony, Honda to form JV for selling e-cars by 2025

Sony and Honda Motor have announced that they have agreed to an equally owned joint venture that will begin selling electric cars in 2025. Honda, like bigger rival Toyota Motor, ha...

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Jupiter Wagons forays into EV segment, launches ‘Jupiter Electric Mobility’

Kolkata-based Jupiter Wagons Ltd. (JWL), a prominent manufacturer of railway wagons, high-speed brake systems and engineering equipment, has announced its entry into electric ...

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Tesla revives pre-lockdown output levels to 70 percent at Giga Shanghai

Amid the ongoing COVID-19 lockdown throughout the Chinese city of Shanghai, it is reported that Tesla has restored the weekly output of its giga plant to nearly 70 percent of the p...

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Ford aims vertical integration of EV battery materials supply chain

American auto major Ford Motors is making strident push towards electrification in recent times, and is investing about $50 billion to diversify its EV portfolio in global markets....

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Triton EV sets up its largest R&D facility in Ahmedabad, Gujarat

Triton EV has announced that it has established its comprehensive Research and Development (R&D) Center facility in Kheda, Anand District near Ahmedabad, Gujarat. The facility ...

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Kia setting up a facility to make Electric Purpose-Built Vehicles in Korea

Kia Corporation has announced that it will establish an all-new, high-tech smart manufacturing facility dedicated to producing electric Purpose-Built Vehicles (PBVs) within its exi...

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Toyota Group invests ₹ 4,800 Crore to make EV components in India

Recently, Toyota Group of Companies inked an MoU with the Government of Karnataka to invest ₹ 4,800 crores on manufacturing activities in the state. The company plans to produce ke...

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Honda reveals its electrification, battery procurement strategy; to invest $40 billion

Honda Motor Co., Ltd. has revealed a comprehensive strategy for electrification and business transformation for the future, touching upon a variety of aspects including investment ...

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Bounce Infinity E1 production begins; deliveries to start from April 18

EV startup Bounce Infinity has announced that the production of its much-awaited 'E1' electric scooter has begun at its state-of-the-art manufacturing facility in Bhiwadi, Raj...

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Triton EV, Guj govt. ink MoU worth Rs. 10,800 crore for setting up EV plant in Gujarat

US-based Triton Electric Vehicle LLC has announced that it has signed an agreement with the Gujarat government to set up a commercial electric vehicle manufacturing plant at Bhuj i...

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Tesla opens its €5 billion Berlin Gigafactory, first in Europe

US-based EV and clean energy firm Tesla, Inc has put open its much-awaited sixth 'gigafactory' near Berlin in Germany, after a delay of over eight months. This is the first-ever gi...

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ArcelorMittal to invest €300 million to make electrical steels for EVs in France

Steel and mining giant ArcelorMittal has recently announced an investment of more than €300 million to create a new production unit for electrical steels at its Mardyck site in the...

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Volta Trucks raises €230 million of Series C funding

New generation electric commercial vehicle manufacturer Volta Trucks has confirmed successful and oversubscribed Series C funding round with a total investment of €230 million...

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Switch Mobility to establish advanced manufacturing and tech centre in Spain

British EV maker Switch Mobility has confirmed that its new manufacturing and technology centre will come up in the Soto de Medinilla area of Valladolid in Spain. The 28-acre site ...

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GM stepping-up EV manufacturing with $6.6 billion investment in Michigan

American automaker General Motors Co. is targeting more than 1 million units of EV production capacity in North America by the end of 2025. The company is strategizing its vehicle ...

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