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The government has approved the Production Linked Incentive (PLI) scheme for manufacturing advanced chemistry cell (ACC) battery at an estimated outlay of Rs 18,100 crore. The objective not only promotes the Make in India initiative but also is an attempt to bring down the price of the battery pack which is used in cars, thereby helping carmakers make electric vehicles more localised and therefore affordable.
Government Approves Rs. 18,100 Crore Towards Production Linked Incentive To Promote ACC Battery Manu
Calender
May 13, 2021 04:24 PM
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The government has approved the Production Linked Incentive (PLI) scheme for manufacturing advanced chemistry cell (ACC) battery at an estimated outlay of Rs 18,100 crore. The objective not only promotes the Make in India initiative but also is an attempt to bring down the price of the battery pack which is used in cars, thereby helping carmakers make electric vehicles more localised and therefore affordable.
Panasonic India Supportive Of Governments PLI For Battery Manufacturing
Panasonic India Supportive Of Governments PLI For Battery Manufacturing
calender
May 13, 2021 03:04 AM
Manish Sharma, who is the CEO of Panasonic in India and aglobal VP for the Japanese giant has said this move is key to setting up battery manufacturing in India.
Tesla To Roll Out Improved Self-Driving Technology In Coming Weeks
Tesla To Roll Out Improved Self-Driving Technology In Coming Weeks
calender
May 13, 2021 01:22 AM
Tesla Inc's top boss Elon Musk said in a series of tweets on Wednesday that the company expects to release a significantly improved version of its full self-driving technology within the next two to three weeks.
Indian Government Working On Low-Cost AC Charging Infrastructure
Indian Government Working On Low-Cost AC Charging Infrastructure
calender
May 13, 2021 12:42 AM
The Department of Science and Technology, the Office of Principal Scientific Advisor to the government of India and Niti-Aayog worked in fast-track mode to develop specifications, prototype products, and undertake testing and validation of the proposed low-cost AC charging points.
Waymo, Cruise Seek Permits To Charge For Autonomous Car Rides In San Francisco
Waymo, Cruise Seek Permits To Charge For Autonomous Car Rides In San Francisco
calender
May 12, 2021 10:33 PM
The companies would not be the first to obtain one of two permits required to operate robotaxis for hire in California.
Ford F-150 Lightning All-Electric Pickup Truck To Be Unveiled On May 19
Ford F-150 Lightning All-Electric Pickup Truck To Be Unveiled On May 19
calender
May 12, 2021 09:26 PM
Ford Motor Company will be unveiling the long-anticipated electric version of the F-150 pickup truck on May 19, 2021. Christened Ford F-150 Lightning, the new electric vehicle is set to go on sale in the Spring of 2022 and will be the first electric pickup truck from the company.
China's April Auto Sales Rise 8.6%, Up For 13th Straight Month
China's April Auto Sales Rise 8.6%, Up For 13th Straight Month
calender
May 12, 2021 06:40 PM
Vehicle sales in China rose 8.6% in April versus the same month a year earlier, their 13th consecutive month of gains, industry data showed on Wednesday, as the world's biggest car market leads the sector's recovery from the COVID-19 pandemic.
Tesla Puts Brake On Shanghai Land Buy As U.S.-China Tensions Weigh: Report
Tesla Puts Brake On Shanghai Land Buy As U.S.-China Tensions Weigh: Report
calender
May 12, 2021 05:49 PM
U.S. electric car maker Tesla Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by U.S.-China tensions.
Piaggio India Launches 100 Dealerships In 100 Days; Has Over 725 Showrooms Now
Piaggio India Launches 100 Dealerships In 100 Days; Has Over 725 Showrooms Now
calender
May 12, 2021 05:49 PM
Piaggio Vehicles Pvt Ltd (PVPL), the Indian subsidiary of Italy's Piaggio Group has announced adding 100 new dealerships to its network in India in the last 100 days. This includes both two-wheeler and three-wheeler showrooms, along with the company's special experience centres created for its electric three-wheelers.