Hydrogen fuel electric car makers in India claim $3.5 billion worth of incentives

India will give about $3.5 billion (about Rs. 25,735 cores) in incentives to automakers over a five-year period under a revised scheme to boost clean-tech vehicle manufacturing and export, two sources aware of the latest proposal told Reuters. The government’s original plan was to give around $8 billion (about Rs. 58,830 crores) to automakers and … Read more

Explained: How Electric Vehicles Can Be Enhanced With Solid State Batteries

Solid-state batteries can be a game changer for electric vehicles (EVs), storing more energy, charging faster and offering greater safety than liquid lithium ion batteries, helping to accelerate the shift from fossil fuel-powered cars. How are they different from liquid lithium ion batteries? Solid-state batteries use thin layers of solid electrolytes, which carry lithium ions … Read more

Mercedes EQE Electric Sedan launched with 660 km range to compete with Tesla Model S

Mercedes-Benz unveiled the production version of its new EQE electric sedan at the 2021 IAA Mobility Show in Munich, Germany. With EQE, the German luxury and commercial vehicle manufacturer moved to full electrification with some new concepts and designs, but there was no significant change in the core design language. Mercedes said the EQE features … Read more

Qualcomm says it will supply a chip for the new Renault Mégane E-TECH Electric

Qualcomm announced on Monday that it will supply a key computing chip for the digital dashboard of a new Renault electric vehicle. San Diego, Calif.-based Qualcomm, the world’s largest supplier of essential semiconductors for cell phones, has expanded into vehicles with chips that can power panels and infotainment systems at the same time. The company … Read more

Electric vehicles and hydrogen fuel cells could be boosted with India’s claim to renew incentives

India has revised its proposed $8 billion (about Rs. 58,400 crores) scheme for the automotive sector, which will now focus on encouraging companies to build electric and hydrogen-powered vehicles, two sources familiar with the project told Reuters. flat. This is a significant change from the government’s original plan to encourage auto and auto parts manufacturers … Read more

Xiaomi Completes Commercial Registration of Electric Vehicle Unit

Chinese smartphone giant Xiaomi said on Wednesday that it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its advancement in the automotive sector. The new facility, to be called Xiaomi EV, was opened with registered capital of CNY 10 billion (about INR 11,290 crores) and Xiaomi CEO … Read more

Electric vehicle charging network in Great Britain will be greatly expanded by Shell, will install 50,000 poles by 2025

Royal Dutch Shell on Wednesday announced plans to widely expand its network of electric vehicle charging points in Britain, with the goal of installing 50,000 street stations by 2025. Shell will implement the plans through Ubitricity, an on-street charging point company it acquired in February and which operates around 3,600 chargers in Britain. The expansion … Read more

Amazon-backed electric vehicle manufacturer Rivian Archives for IPO

Electric vehicle maker Rivian said it has confidentially filed an initial public offering with regulators, setting the stage for a successful year-end market debut as it appears to enter a bullish IPO market in the United States. Rivian, which counts Amazon.com, Soros Fund Management and BlackRock among its top investors, will seek a valuation of … Read more

Award-winning battery pioneer Akira Yoshino at Tesla, Apple and the electric future

Akira Yoshino, co-winner of the 2019 Nobel Prize in Chemistry for his work with lithium-ion batteries, can take credit for the revolution in the automotive and technology industries. Li-ion batteries provided the first serious competition in a century for fossil fuels and transportation combustion engines. Now an honorary member of Asahi Kasei, the Japanese chemical … Read more

Lithium-ion batteries in electric vehicles: a fire hazard?

General Motors expanded the recall of its Chevrolet Bolt electric vehicles due to the risk of fire from bag-type lithium-ion battery cells manufactured by LG of South Korea. The recall, the second-largest involving batteries made by LG Chem’s battery pack, LG Energy Solution (LGES), highlights the challenges battery companies face in making a stable product … Read more