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Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

Green Car Congress

Following an initial product launch in April 2022, the companies will partner to manufacture 50,000 electric auto-rickshaws over the next five years, advancing both companies’ roadmaps for “made in India” manufacturing. Rap Eco Motors delivers premier e-rickshaws nationwide and abroad to countries in Asia, Africa, Europe and South America.

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BYD prepares to unleash its second 7,000-car carrier to fuel its global EV expansion

Baua Electric

A second car carrier is ready to embark as BYD looks to continue its dominant global expansion. BYD’s new vessel is the second of seven that will hit the seas over the next two years as China’s EV leader goes global. The Explorer No 1 was built by China International Marine Containers (CIMC) for its partner Zodiac Shipping.

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ASK Auto forms JV with AISIN Group to enter domestic, global car parts aftermarket – ET Auto

Baua Electric

ASK Automotive Ltd – AISIN Group Companies Joint Venture New Delhi: ASK Automotive Limited, India’s largest manufacturer of Brake Shoes and Advanced Braking Systems for Two-Wheelers, announced a Landmark Joint Venture Agreement with AISIN Group Companies, comprising AISIN Asia (Thailand) Co.

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Deloitte: interest in hybrid vehicles still significantly outpacing full battery-electrics

Green Car Congress

As global auto manufacturers continue to invest in electrified vehicle (EV) production, internal combustion engine (ICE) powertrains dominate future US intentions, with 69% of US consumers looking to retain the technology for their next vehicle, according to Deloitte’s 2022 Global Automotive Consumer Study report.

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Opinion: How India can become a global hub for mobility tech – ET Auto

Baua Electric

New Delhi: In the pursuit of establishing itself as a global leader in mobility tech nology, India must strategically address four key areas with unwavering commitment and concerted efforts. This relentless focus on technology creation serves as the bedrock of India’s quest for global leadership in mobility tech.

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Tesla India teams reassigned to other Asia-Pacific markets

Teslarati

The Tesla India team was reassigned to Asia-Pacific (APAC) and other markets. It also included David Feinstein, who has been with Tesla for years and works with global and international businesses. The post Tesla India teams reassigned to other Asia-Pacific markets appeared first on TESLARATI.

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Samvardhana Motherson unit mulling USD 500mn dollar bond issue, say bankers – ET Auto

Baua Electric

Samvardhana Motherson International will provide the guarantee on behalf of the issuer for proposed notes, it informed Indian exchanges on Wednesday. Morgan and MUFG as joint global coordinators and joint lead managers and DBS Bank and Standard Chartered Bank as joint lead managers. SMRC Automotive Holdings Netherlands B.V.

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