Tag Archives: Electric

China electric car firm Faraday Future says obtains $225 mn in bridge financing

SHANGHAI: Chinese electric vehicledeveloper Faraday Future said on Tuesday that it had obtained up to $225 million in bridge financing from a U.S. merchant bank to allow it to complete the development of its flagship FF91 model. Faraday, which has ambitions to overtake Tesla Inc, said in November that it was exploring strategic options, including debt and equity financing, amid a legal fight with Evergrande ... Read More »

Lotus’s First All-New Car in a Decade Will Be an Electric Hypercar

Colin Chapman’s legacy is legendary, as is that of the marque he founded, Lotus. To call the two influential in the history of motorsports and sports cars is to grossly understate the matter. But, for the past couple decades (or three), small but spirited Lotus has struggled to move that legacy forward in a world of increasingly complex technologies. That’s ... Read More »

Geneva motor show: Brexit, electric cars and luxury dominate agenda

 The 89th Geneva motor show. Photograph: Robert Hradil/Getty Images Carmakers gathering at the annual Geneva motor show this week were hoping the Alpine spring air and customary launches of new models would be a springboard for an industry fightback. Some of the world’s largest manufacturers have stumbled in the past 12 months, with sales under pressure on various fronts, particularly ... Read More »

Tata Motors To Showcase New Electric Car At 2019 Geneva Motor Show

Tata Motors is exploring partnerships and business models to deliver mobility as a service in the electric mobility business, a top company official told PTI. Tata Motors is discussing with different other companies who have expertise in different spaces, where it can create bilateral win-win opportunities. We had already told you that the company had bagged a tender from the Energy Efficient ... Read More »

CES 2019: Novus Electric Motorcycle Unveiled

German electric motorcycle company Novus has unveiled a new electric motorcycle at the Consumer Electronics Show 2019 in Las Vegas. The bike looks like a cross between a bicycle and a moped, with skinny wheels and tyres and no lights, or number plate. The electric bike has one of the most innovative carbon fibre frames ever seen on a production ... Read More »

The Urban EV could be Honda’s first electric car for India

–    It’s got cameras for wing mirrors.  –    Production-ready Honda Urban EV was spotted for the first time in Germany. –    Expected to be launched by the end of next year, India debut in around 2023. Honda took everyone by surprise when it revealed the cutesy Urban EV Concept at the 2017 Frankfurt Motor Show. The concept ... Read More »

Audi will lead Volkswagen Group’s electric game in India

–    Audi will spearhead Volkswagen Group’s electrification plans in the country. –    Might bring the E-Tron in India in a couple of years’ time.  As a part of India 2.0 turnaround, Volkswagen Group will be focusing on increasing market share, improving service, introducing new products and localising their presence in the country. All of these will be taken ... Read More »

Coming soon: Mahindra KUV100 Petrol & Diesel AMT, Electric!

Mahindra is all set to give the KUV100 micro SUV new variants in order to keep the vehicle relevant in the changing marketplace. A tepid seller currently, the KUV100 could pick up in terms of sales once the new variants are launched in India. The micro SUV will not only get AMT options on both the petrol and diesel-engined variants ... Read More »

Why the future of electric cars lies in China

Nio’s EP9. Shares in the lossmaking group, backed by Tencent, jumped 76% on the first day of trading Is the future of electric vehicles damaged by the chaos surrounding Tesla? Absolutely not. Whether the company survives in its present form or not is irrelevant. The future of EVs will not be determined by anything that happens in California but by decisions being taken ... Read More »

Electric Vehicle Boom Could Spell Demise for Japan’s Leading Industry

As the largest automotive market in the world, China is dictating a lot of the moves automakers are making. The massive country is currently in the midst of attempting to clean its air in a radical way, eliminating the sale of cars with internal combustion engines by 2040. It’s a drastic move that’s sent every automaker scrambling to have well-defined lineups ... Read More »