article thumbnail

CATL and BYD target 50% battery price cut this year to make EVs affordable – ET Auto

Baua Electric

The decline in battery prices is a significant development for the electric vehicle (EV) industry, potentially driving increased adoption. BYD’s battery manufacturing division, FinDreams, aims to match CATL’s efforts by intensifying cost reduction measures.

BYD 52
article thumbnail

Sokudo Electric to build in-house motor and controller plant to boost E2W R&D – ET Auto

Baua Electric

Sokudo Electric has been focused on R&D advancements and has invested significantly in product enhancements. Sokudo Electric , an Indian manufacturer of electric two-wheelers (E2Ws), is building an in-house advanced motor and controller plant spread over 20,000 sq.ft in Greater Noida investing INR 10 crore.

article thumbnail

Pavna Industries inks deal with Ola Electric to supply ignition switches, latches for EVs – ET Auto

Baua Electric

Ola Electric Mobility has been playing an instrumental role in driving EV adoption and penetration in India, the company said in a media release. Under this agreement, Pavna Industries commits to providing high-quality ignition switches and latches to Ola Electric across its manufacturing plants in India.

article thumbnail

Piaggio offers battery subscription model for Ape electric 3W at INR 2.59 lakh – ET Auto

Baua Electric

Piaggio Vehicles Pvt Ltd (PVPL),a subsidiary of the Piaggio Group and a leading Indian manufacturer of small commercial vehicles and electric three-wheeler (3EV) pioneers, has announced a “ Battery Subscription Model ” for its Ape Elektrik electric 3Ws. The subscription model goes beyond affordability.

Auto 52
article thumbnail

Hyundai announces Evolve+ EV subscription program

Green Car Congress

Hyundai Motor America, in partnership with Hyundai Capital America, announced its new Evolve+ electric vehicle subscription service at the 2023 Chicago Auto Show. This new service provides flexibility and affordability to the consumer who wants to drive Hyundai’s newest electric vehicles without committing to a purchase or longer-term lease.

Hyundai 221
article thumbnail

How to avoid hidden costs of fleet electrification (Webinar) – Charged EVs

Baua Electric

To successfully electrify fleets, it’s crucial to implement adaptable electrical infrastructure that addresses current and future needs. The free-to-attend conference will feature live presentations, interactive Q&As, on-demand webinars, and whitepaper downloads. Register to reserve your spot to watch it live or on-demand.

Cost Of 52
article thumbnail

Sitting on the Electric Fence? MG offers additional £750 Incentive for Electric Car Newcomers

EV Obssesion

Test drive a new electric MG and get £750 off 10-day test drive event allows no-obligation road tests for potential EV converts Simply book a test drive and download the voucher Almost a third of new MGs sold so far in 2021 are pure electric All new MGs come with 7-Year Warranty The UK’s affordable EV […].