29 February 2024

Sodion Energy roll out of India’s first Sodium Ion batteries a revolutionary step?

Sodion Energy, whose co-founder is Bala Pachyappa, has rolled out India’s first Sodium Ion batteries, which is dubbed to be a revolutionary step.
 
This technology promises to transform several sectors, including electric vehicles (EVs) as well as home appliances, according to the company.

Will Xiaomi’s strategy to first roll out a premium vehicle work in the highly-competitive EV market?

Chinese smartphone maker Xiaomi will first roll out a premium electric vehicle (EV) and is upbeat that it has a niche customer base in this segment but will this premium launch strategy work for the budget smartphone maker?
 
“In this fiercely-competitive market, we think it’s a good starting point for us in the premium segment. This is because we already have 20 million premium users in China based on the smartphone,” Xiaomi Group President Weibing Lu said. 

18 February 2024

Why will Donald Trump slow down President Joe Biden’s EV push

Why will Donald Trump slow down President Joe Biden’s electric vehicle (EV) push in the US. According to the former US President, the EV technology is causing disruption to American workers.
 
He says that if the US goes ahead with its EV policy, the country’s auto industry would shut down in a few years as a result of jobs moving to China. 

16 February 2024

JSW Group to invest Rs 40,000 crore in Odisha to make cheap and high-quality EV batteries, a niche area it is getting into

The JSW Group is set to invest Rs 40,000 crore (Rs 400 billion) in Odisha to make high-quality and affordable electric vehicle (EV) batteries that are technologically advanced, and this is a niche area that the group is getting into.

JSW is also slated to make electric cars and e-commercial vehicles from this facility that would be priced at par with internal combustion engine (ICE) vehicles so that JSW can have an edge in the cost-competitive Indian EV market.