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Hyundai Reports 40.9% Increase In Electric Vehicle Sales In 2022, Ranks Top...

Last week, South Korea’s Hyundai Motor Co announced that it will invest 200 billion rupees (USD 2.45 billion) in Tamil Naidu over the next 10 years to bolster its electric vehicle (EV) production in...

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Uber Launches Several Electric Vehicle Services, Goes Green In India

App-based ride services provider Uber on Wednesday announced a slew of partnerships to electrify its services in India for transition to sustainable mobility. It will deploy 25,000 electric vehicles...

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Hyundai Motor To Boost EV Sales To 2 Mn Units By 2030

Hyundai Motor Company aims to boost its annual electric vehicle sales to 2 million units by 2030, against its earlier target of 1.87 million, in line with rising global demands. Considering that the...

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Ola Electric Transitions Into Public Company Ahead Of IPO

Ola Electric, led by Bhavish Aggarwal, has transitioned into a public company in preparation for an upcoming public listing, according to media reports. The transformation from Ola Electric Mobility...

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Ola Electric Targets $8 Bn Valuation In Landmark IPO

Ola Electric, an electric vehicle (EV) manufacturer in the space of electric scooters, is preparing for an initial public offering (IPO). This marks the first IPO by an Indian automaker in over two...

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Tesla Announces New Electric Car “Redwood” For Mid-2025 Launch

Tesla has notified suppliers that it intends to begin manufacturing a new mass-market electric car named “Redwood” in mid-2025, according to four people familiar with the topic, the Guardian reported....

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