Electric Cars News

Ford would shift capital investment away from sedans and internal combustion engines to develop more trucks and electric and hybrid cars. Most of those savings will not show up on Ford's bottom line until 2019 and 2020.

Ford's new 'Team Edison' will be in charge of developing electric mobility platforms and technology for future electric cars. Team Edison will also partner up with OEMs and tech partners from around the world for future tech.

The Nismo Concept version of the new Leaf has a sporty new exterior designed by Nismo, Nissan's motorsports and in-house tuning division.

In the next 18 months, GM will introduce two new all-electric vehicles based off learnings from the Chevrolet Bolt EV. They will be the first of at least 20 new all-electric vehicles that will launch by 2023.

As per EESL, Tata Motors quoted the lowest price of Rs 10.16 lakh, exclusive of GST in the competitive bidding. These electric cars are meant for usage by ministries and government departments, either through direct purchase from EESL or lease.

While most business stories are about checks and balances, and which firm has the most numbers; there are times when business leaders do something out of the ordinary and set examples for a lot of us to follow. In this case, it is Mahindra Group - Chairman and Managing Director, Anand Mahindra congratulated competitor Tata Motors on Twitter on winning the bid for supplying 10,000 electric vehicles to EESL. The contract valued at Rs. 1120 crore is said to be world's largest single electric vehicle procurement. Interestingly, Mahindra as well as Nissan Motor applied for the same tender which was eventually awarded to Tata.

Other companies, Mahindra & Mahindra (M&M) and Nissan had also participated in the tender and bids for Tata Motors and M&M were opened.

The racecar will have a high efficiency transmission with only one gear in the 2017/18 season of the FIA Formula E.