Electric Mobility News

Tesla's stock has been surging -- increased more than 750 per cent but its stocks have started to drop because of the global semiconductor shortage

Lamborghini recently revealed is electrification roadmap and confirmed that it will launch an electric car before the current decade ends.

A California regulator said on Monday it is reviewing whether Tesla Inc violated regulations by falsely promoting its advanced driver-assistance systems as being "full self-driving."

The Court has also asked the government to consider allocating unutilised funds from the FAME India Phase II scheme towards promoting and incentivizing the demand for hydrogen fuel cell electric vehicles & construction and operation of hydrogen refuelling stations.

Chinese state-run automaker Chongqing Changan Automobile plans to list its electric vehicle (EV) unit on Shanghai's Nasdaq-style STAR Market, three sources briefed on the matter said, to fund a rapid expansion of its business.

Okinawa Autotech announced its commitment to invest Rs. 150 crore in FY2022 and aims to increase its revenue by 300 per cent in the current financial year.

In the next five years, both the companies will majorly focus on converting over 1 lakh ICE-powered two-wheelers used in last-mile delivery to electric vehicles.

Hero MotoCorp has already begun work on developing new electric vehicles and is utilising its R&D centres in Rajasthan and Germany for the same. Hero's first electric product will arrive next year.