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EFG Companies launches MAP Electric Vehicle Protection for EV customers; 11 years, 150k miles

Green Car Congress

EFG Companies, the innovator behind the award-winning Hyundai Assurance program, has launched the new Motorist Assistance Plan (MAP) Electric Vehicle Protection. —John Pappanastos, President and CEO of EFG Companies. million battery electric vehicles are estimated to be sold in North America in 2025.

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Evicted — electric tractor company Solectrac hasn’t made rent in months

Baua Electric

Ideanomics -backed electric farm tractor builders Solectrac offered farmers quiet, clean, and reliable operation with mountains of torque – but the latest news out of California is all bad as the company faces eviction and its dealers abandon the brand. Net losses for the company in 2022 were also up, however, to $15.2

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Nikola Recalls All Tre Battery-Electric Trucks Over Fire Concerns

Electric Cars Report

Nikola Motor is recalling all the battery-powered electric trucks it has delivered so far is suspending sales after an investigation into recent fires found a coolant leak inside a battery pack as the cause.

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General Motors increases EV investment by 75% through 2025

Teslarati

General Motors has increased its electric vehicle investment by 75%, from $20 billion to $35 billion through 2025, the company announced on Wednesday. The plan is to eventually transition its entire fleet of vehicles to be fully electric, but the company doesn’t plan to accomplish this until 2035.

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Saera Electric Auto and Keto Motors Team Up to Win the Indian E-3 Wheeler Market 

Get Electric Vehicle

  To win this game, companies in the industry are teaming up and pooling resources to outperform their competitors. The most recent such move from the industry is a joint venture between Delhi-based Saera Electric Auto and Telangana-based Keto Motors of the ETO Motors Group.

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FY25 likely to be an exciting year for new launches for TVS: CEO | Autocar Professional

Baua Electric

The current financial year is likely shaping up to be one of the most significant in terms of new product launches for TVS Motor, a senior company official said. The company management also targets starting exports of its electric two-wheeler to some of its key export markets, including ASEAN and Asia.

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Mahindra Electric leads electric tricycle sales in January 2023

Electric Vehicles India

The company sold 2,833 battery-powered tricycles in January 2023. Mahindra Electric offers a range of electric vehicles including battery-driven auto rickshaws, battery-powered pickups, and delivery and freight vehicles. The company sold 2,275 of its E3Ws in January.

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