Electric Mobility News

The new investment of Rs. 84 crore is part of the Series C round of funding that was led by Sachin Bansal and increases Hero MotoCorp's stake in Ather Energy to 34.58 per cent.

The Skoda Enyaq electric SUV will make its debut on September 1 and the teaser image suggests that it is expected to showcase brand's new design direction.

Tesla Inc on Wednesday posted a second-quarter profit as cost cuts and strong deliveries helped offset coronavirus-related factory shutdowns, sending its stock up 4.4% in after-hours trading and clearing a hurdle that could lead to the electric carmaker's inclusion in the S&P 500 index.

Tesla's new $1.1 billion manufacturing facility will be built in Texas, near Austin and it will mainly manufacture the company's futuristic pick-up vehicle, Cybertruck, along with the Model 3 and Model Y.

Electrified cars can become more affordable if critical components like battery, electric and controller are manufactured locally, hence Toyota is looking forward to it.

The Nexa dealerships, in these 5 years, have sold 1.1 million units contributing to 20-22% sales to the overall number of Maruti Suzuki India.

The 1.4-litre, four-cylinder, petrol motor in the Jeep Compass 4xe and Renegade 4xe is coupled with a rear axle mounted electric motor that sources power form a 11.4 kWh battery pack.

When Tesla Inc reports second-quarter results after the bell on Wednesday, investors will be keen to see whether the electric carmaker has delivered a profit during the global pandemic that has sunk most of its internal combustion rivals deep in red ink. Analysts' estimates for Tesla's second-quarter range from an adjusted loss as steep as $2.53 a share to a $1.41 per share profit. On average, they expect an adjusted 11 cents loss per share and a net loss of $240 million, according to Refinitiv data. More bullish investors have sent Tesla's shares soaring in recent weeks and made it the world's most valuable automaker.