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Uber, Kia sign electric vehicle partnership – ET Auto

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The partnership is aimed at “enhancing electric vehicle offerings available on Uber’s mobility platform. US ride-hailing platform Uber and South Korean automaker Kia announced Wednesday the signing of an agreement on producing electric vehicles, during the Consumer Electronics Show in Las Vegas.

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Hyundai Mobis to expand investment in EV parts, automotive chips – ET Auto

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New Delhi: Hyundai Mobis , South Korea’s leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year. Such projects will make up around 70% of its total investment, rising sharply from the current 50%, he added.

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Ecofy and Vidyut join to offer subscription-based battery-as-a-service model for EV sales – ET Auto

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With a hybrid financing model that reduces the cost of acquisition and introduces a pay-per-km battery leasing model, Ecofy and Vidyut aim to make the adoption of EVs stress-free and risk-free, the companies said. Together, we aim to empower solo entrepreneurs and small businesses to make the transition to electric vehicles seamlessly.”

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Must Read 40+ Electric Vehicle Interview Questions & Answers

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The electric vehicle industry is growing at a high pace these days. Are you planning a job in electric vehicle industry? Then this Electric Vehicle Interview Questions and Answers will definitely help you out. There are different types of firms working in the electric vehicle domain.

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EV makers will have to give 3-year warranty on batteries – ET Auto

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Electric Vehicle (EV) manufacturers will have to provide a three-year warranty for batteries under the new subsidy scheme, Electric Mobility Promotion Scheme (EMPS), aimed at promoting green mobility, details of which were made public on Thursday. Batteries in EVs account for nearly 40% of the cost of the vehicles.

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

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As a result, the cost of a 60 kWh battery, currently priced at USD 6,776, is projected to decrease to USD 3,388 within a year, saving EV manufacturers over USD 3,000 per vehicle. fast charging capabilities at an average cost of 0.4 per Wh, equivalent to USD 56.47 RMB per Wh, significantly lower than previous prices.

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EV components maker Matel raises USD 4 mn in funding – ET Auto

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Matel , which makes components like power trains and motor control units for electric vehicles (EV) among other things, has raised USD 4 million in a funding round led by clean energy-focused venture fund Transition Venture Capital. The firm also has a battery management system under development, Patro said. “A

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