Electric Mobility News

Electric commercial truck maker Nikola Corp of Phoenix, Arizona, tried unsuccessfully to raise $1 billion (766 million pounds) in the private markets and only turned to a merger with a so-called blank-check company to go public as a way to raise the needed funds, its chief financial officer said.

Hyundai Motor Co stock jumped as much as 10.2% on Monday to its highest price since May 2018, after the automaker said it would create a family of Ioniq-brand electric vehicles (EVs) as it aims to become the third-largest EV maker by 2025.

The Motocompacto name is familiar with the 1980s MotoCompo folding scooter Honda had introduced for a brief run.

These self-driving taxis alongside delivery services have been thrown into the mix for autonomous vehicles to collect tonnes of data that can enable them to perfect their self-driving algorithms.

Hyundai will be launching a range of numerically named EVs under the new brand, with the even numbers used for sedans and the odd numbers for SUVs.

A Tesla owner using a Honda gasoline generator to charge his all-electric car has caught the attention of Anand Mahindra, Chairman of the Mahindra Group. A video has gone viral on social media wherein a Honda generator is being used to charge his Tesla car. This quirky jugaad had left Anand Mahindra completely impressed and he was quick to share this innovative video on his official Twitter account. He shared the video by saying, "And we thought jugaad was purely an Indian talent! Hilarious. A Honda-powered Tesla..."

The Delhi government's new electric vehicle policy envisages incentives to cut to 50 per cent by March 2023 fleet of petrol-powered two-wheelers used by delivery service providers in the city. Chief Minister Arvind Kejriwal, who launched the Delhi Electric Vehicle Policy on Friday, sought the cooperation of all stakeholders in implementing it. It is expected that the incentives will encourage delivery service providers like those engaged in food delivery, e-commerce logistics and courier services to switch to using electric two-wheelers, the EV policy stated.

Mandira Bedi, a well-known Indian actress, fashion designer, and a television presenter has recently bought a brand-new Tata Nexon EV. The Indian actress gears up for the thrilling, adventurous and environment-friendly ride in the newly owned all-new electric car. Mandira Bedi along with her husband was snapped with her latest possession. The homegrown carmaker welcomed the couple to the Tata family and was quick to share it with the millennials through official social media account.