Auto Sector

Hero Electric procures $29M in additional funding to ramp up production

Hero Electric procures $29M in additional funding to ramp up production

Hero Electric, India’s first as well as the largest manufacturer of electric two-wheelers, has announced the signing of a partnership deal with some industry giants to procure additional funding fo

Fully-electric Tesla Semi truck reportedly all set to go into production

Fully-electric Tesla Semi truck reportedly all set to go into production

After repeated delays and years of lingering, American electric vehicle (EV) manufacturer Tesla Motors’ all-electric semi-truck “Tesla Semi” is finally about to enter the company’s production lines

Indian startup announces ‘community charging stations’ project for electric vehicles

Indian startup announces ‘community charging stations’ project for electric vehicles

Indian electric vehicle (EV) charging solutions provider ChargeMOD has announced that it is working on the concept of “community charging stations” to make EV charging more accessible as well as af

Ola Electric raises $100M in long-term debt; first e-scooter expected sooner than later

Ola Electric raises $100M in long-term debt; first e-scooter expected sooner than later

Ola Electric, an Indian electric two-wheeler startup, has confirmed that it has signed a long-term debt financing agreement with Bank of Baroda to fund its mega factory in the state of Tamil Nadu.

Tesla enjoying high demand for Model Y Standard Range in China: Reports

Tesla enjoying high demand for Model Y Standard Range in China: Reports

The newly introduced entry-level Made-in-China (MIC) Tesla Model Y Standard Range RWD version will sell like hot cakes in China as the American EV giant is receiving tons of orders from potential c

Nearly 70% of Peugeot models to be electrified by end of 2021

Nearly 70% of Peugeot models to be electrified by end of 2021

Peugeot, a French car brand owned by automobile giant Stellantis, has announced that nearly 70 per cent of its models will be electrified by the end of 2021.

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