Electric Cars News

Vijay Rupani, the chief minister of Gujarat, announced the latest EV Policy for the state, wherein subsidies of up to Rs. 1.5 lakh will be provided on purchase of electric vehicles. The state will provide Rs. 870 crore over a period of four years as subsidy support.

It already counts 1.3 million shippers and 2.8 million truckers and it had generated $396 million in sales.

Ford is working closely with cities and customising its service for the unique needs of every city.

Porsche parent, Volkswagen has broader plans of building 6 battery cell plants across Europe and expand its infrastructure for the charging.

Tesla is reaping the benefits of its vertical integration and supply chain management. It has been focussed on efficiency since day 1

Eventually, most of its technology will power autonomous vehicles and make roads safer though it years away from achieving this milestone

The interesting bit is that many of these features will also come to non-Canoocars but will only happen with partnerships with third parties.

Electriphi originally raised $4.2 million at a valuation of $11 million before the deal with Ford. With this deal, it easily slots in with Ford's ambitions.