Electric Mobility News

The 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the most prominent investors in a company that has yet to produce a consumer vehicle.

The European Automobile Manufacturers' Association (ACEA) represents the 16 major Europe-based automakers and said this would follow a 2.4 per cent decline in 2021 due to a shortage of semiconductors.

A return to more normal supplies of semiconductors would allow Mexican carmakers to increase use of installed capacity.

Ford said it was exploring the possibility of using a plant in India as an export base for EV manufacturing that could potentially be sold in the country too.

Under the Chandigarh Electric Vehicle Policy, buyers can avail of an incentive of Rs. 5,000 per kW on electric two-wheelers subject to a maximum of Rs. 30,000. The incentive stands at Rs. 10,000 per kW on electric cars up to Rs. 1.50 lakh

The Tonale becomes the first car to be incorporated with blockchain technology

Tesla has made many changes to the Cybertruck from its original unveiling.

Ford believes Lincoln to be a big part of its $30 billion EV transformation