electric vehicle
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Instead of a $40,000 Electric Pickup, This Maker Bought a 100,000-Mile BMW i3 at Auction and Cut It Into a Mini EV Truck Small, cheap electric pickups barely exist yet, so Michael Pick made one. He bought a 2017 BMW i3 REx with more than 100,000 miles on it from an online auction, sight unseen, cut away the back half of its cabin and turned it into a two-seat electric pickup with a real load bed. His target was a usable electric truck for under $10,000 in total, with more than 300 miles of combined range from… |
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Rare Earth Magnet Shortage Threatens Auto Production in India As reported in recent CNBC coverage, India’s automotive sector is bracing for potential production delays as a global shortage of rare earth magnets, critical for both electric vehicles (EVs) and traditional internal combustion engine (ICE) vehicles, has begun to put a strain on supply chains. China has control over 90% of the global supply of rare earth materials. The country’s priorities are… |
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Hyundai Motor Group Launches Battery and Electrification Research Centre at IIT Delhi Campus Hyundai Motor Group has officially opened the Hyundai Centre of Excellence for future mobility technology at IIT Delhi. This new research hub is part of a long-term partnership between Hyundai and India’s premier institutes of technology. It will focus on nine key projects covering battery cells, system testing, battery management systems, boosting energy density,… |
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VinFast to Launch Operations in Thoothukudi District of Tamil Nadu - Contributing to India's EV Ecosystem VinFast, the Vietnamese electric vehicle manufacturer is set to begin operations in India as its new plant in Thoothukudi nears completion. According to industry sources, 90 percent of the plant construction is complete and production is expected to start within the next two to three months. This development positions Thoothukudi as Tamil Nadu’s fourth major… |
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IESA EV Fast Charging Summit: Need $30Billion Investment in EV Infrastructure India’s EV sector requires an investment of $20-30 billion to boost charging infrastructure. The PM E-DRIVE Scheme, with a ₹10900 crore allocation, aims to support over 28 lakh electric vehicles and 88500 charging sites. India’s electric vehicle (EV) sector requires an investment of $20-30 billion to expand its charging… |
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5G-Enabled Connected Car to Lead the Automotive Market by 2025 For the past several years, cars are transforming in several ways and are not limited to only transportation now. It has now turned into a state-of-the-art massive-scale computer on wheels. Digital transformation’s impact on the automobile industry is spearheading this growth and evolution and the connected car is commencing to take a considerable lead in… |
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Will E-scooter Fire Incidents Decide Fate and Growth of EVs in India? The Prime Minister in the parliament also assured to take lawful action against the manufacturers once the investigations are completed In the past couple of days, a range of new scooters powered by batteries have been reported to have caught on fire throughout the country, including a latest model manufactured by Ola Electric. These fire incidents… |
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Honda Teams up Sony Corp to Unleash its Battery Powered Vehicles by 2025 Although Honda is not thinking about taking the joint venture public immediately, the company would not dismiss that as among the options to grow the firm In an effort to boost the growth of electric vehicles internationally, the Japanese international car maker Honda and another giant Sony Corp stated that they will jointly sell and develop… |
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EVs Witnessing Escalation in Global Market Share; But Traditional Vehicle still a Popular Choice Electric cars companies feel EVs are already price-competitive and could help buyers in saving thousands on petrol and maintenance According to some global experts' opinion, sales of battery backed vehicles sweeped all across Europe, China, and in the US in 2021, while the production and sales of cars powered by fossil fuels remained low. In fact,… |
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What Does Faradion’s Acquisition by Reliance Mean for the Indian EV Market? Sodium based batteries utilizes manganese and iron, which are much cost-effective and accessible compared to Lithium-ion ones A couple of days back, Indian business tycoon Reliance acquired a UK based start-up Faradion with an investment of $135 million. An additional sum of $35 million will be invested by the Indian business giant to boost the… |
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How China Helping its Leading EV Battery Maker CATL to Lead the Market Regulators in China are yet to send an official statement about why the nail test has been dismissed two months later and why some other test of their own choice is preferred A couple of times back, China’s biggest battery makers for electric cars CATL, and others are alleged to have used some technology that has the highest possibility for a car to catch fire, and in fact, a… |
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On-road Contactless Wireless Charging Stations to Drive Electric Cars Soon The German based charging technology firm Magment will utilize a magnetizable concrete technology that offers a seamless wireless charging during driving Electric vehicles are gaining a lot of traction all over the world, but the biggest worry of any passenger electric vehicle is the availability of ample charging stations on the roads, especially for longer durations, dubbed… |
