Tesla to launch affordable EV by early 2025
Elon Musk says the production of affordable cars will happen on existing production lines and is not contingent on any new factory.
electric cars
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EVs to be cheaper than ICE models by 2027: Gartner
Gartner predicts that 15% of EV companies founded since the last decade will be acquired or bankrupt by 2027.
$1.8 trillion global investment in clean energy tech in 2019-2023: IEA
China accounts for the majority of growth in both solar and wind power.
India needs entry-level electric cars to drive EV penetration: Bain
EVs cost roughly 50% more, have 50%-60% lower range, and around 30% less engine power as compared to comparable ICE models, says Bain & Company
Aston Martin partners with Lucid to build electric cars
U.S.-based Lucid will supply Aston Martin with electric vehicle technologies
Electric not a threat but an opportunity: Mercedes-AMG
Chief Technology Officer of Mercedes-AMG, Jochen Hermann says new platform will have 7 new AMG Cars
Govt incentives to increase EV penetration in India: Moody's
India has the fourth-largest car market globally, but EV penetration is currently only around 1%, says Moody's.
Govt should incentivise decarbonising tech: Nissan India
Rakesh Srivastava, MD, Nissan India, urges the government to consider a European-style taxation policy—where tax is levied on new vehicles proportional to the carbon emissions it generates
EVs to account for 55% new vehicles by 2030, seven times more than in 2021
Over 500 EV programmes will start from 2024 to 2026, apart from the 361 vehicles currently under development and slated to come to the market during this period.
Electric 4-wheelers will cost equivalent to engine vehicles by 2030
Electric four-wheelers will achieve parity with those with an internal combustion engine by 2030, says study.
