BYD launches Seal EV in India, its most luxurious electric offering, for Rs 41 lakh

BYD India has officially begun the delivery of its highly anticipated all-electric sedan, the BYD Seal, which is its most luxurious electric vehicle (EV) offering in the country.

 

The first batch of 200 units is dispatched and the Seal is priced between Rs 41 lakh (Rs 4.1 million) and Rs 53 lakh (Rs 5.3 million) (ex-showroom Delhi).

Slowing global electric vehicle sales: Causes and regional insights

The global electric vehicle (EV) market is witnessing a deceleration in growth rate, according to a recent analysis by Goldman Sachs, and we will see the causes and give the regional insights.

The investment firm has identified a litany of contributing factors for this slowdown, including high capital costs, election uncertainties, and a shortage of rapid-charging infrastructure.

Tesla applies for robotaxi licence in China after Elon Musk’s Beijing visit

In a move indicating positive economic ties between the US and China, Beijing is likely to grant Tesla a licence to test its self-driving software through a proposed robotaxi service.

This comes after the electric vehicle (EV) giant’s chief executive officer (CEO) Elon Musk’s recent discussions with top Chinese policymakers, as per a report by China Daily.

Would Leapmotor be a disruptor in India’s budget EV space?

After MG and BYD, Chinese electric vehicle (EV) maker Leapmotor is gearing up to enter India with its budget vehicles, and would it be a disruptor in the Indian EV space?

The Chinese company, which has previously been holding parleys with Sajjan Jindal’s JSW, will be unveiling investments and India entry plans in a tie-up with the Stellantis group, which recently picked a stake in its global operations.

Tesla sells more electric cars in US than all other automakers combined

We may be hearing news that Tesla has lost market share to BYD in China and had to slash prices, but Elon Musk’s company still sells more electric cars in the US than all other automakers combined.

 

Tesla’s, others share in US market

 

Despite the challenges Tesla faces in China, it continues to lead the US market with an overwhelming 55.2 per cent share.

Mercedes-Benz G 580 with EQ technology: A game-changer in electric SUVs

The wait is over for the Mercedes-Benz G 580 with EQ technology, which is supposed to be a game-changer in electric SUVs. Mercedes-Benz’s latest innovation, from its all-electric G-Class, made its global debut, exciting enthusiasts worldwide.

 

Billed the G 580 — with EQ technology — this electric SUV combines the iconic G-Class aesthetics with cutting-edge electric power.

Capex in India’s EV components business to grow substantially in 3 years

With government support via subsidies and higher awareness, the electric vehicle (EV) industry in India has flourished in the past couple of years and this is set to spur the components industry capital expenditure (capex) in the next three years.

 

The EV industry growth is boosted by factors like better product offerings, improved charging infrastructure and a galore of financing options as well as government support.

Kia Clavis EV will be ideal for city driving

Kia is gearing up to bring in the Clavis electric vehicle (EV) to India during the second half of next year but it would be ideal for city driving. 

Similar to its internal combustion engine (ICE) counterpart, the Kia Clavis is set to redefine urban mobility.

EV batteries market to see a transformation in five years and range anxiety could be a thing of the past

In about five years, there will be a transformation in the electric vehicles (EV) batteries market and range anxiety could be a thing of the past.

 

By 2030, EVs will become cheaper than internal combustion engine (ICE) vehicles, electric vehicles will charge quickly and range anxiety issues will be tackled.

Tesla to explore potential sites in India for factory

Electric vehicle major Tesla is gearing up to send a delegation to explore potential sites in India this month for its planned electric car manufacturing facility worth $2 billion to $3 billion, as per sources cited by the Financial Times.

 

This strategic move is owing to New Delhi’s recent tariff reduction on imported electric vehicles (EVs) with higher price tags.

Why India’s new EV policy is good for premium electric car makers

Car makers are praising India’s new electric vehicle (EV) policy, which would encourage local production of premium electric cars in the country, and a senior Audi AG executive is already betting big on the country’s market.

Audi AG vice-president (overseas sales) Andre Konsbruck has praised the central government for “taking the right steps to rev up the adoption of EVs in the country.”

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. 

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. 

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.

Rolls-Royce Spectre, India’s costliest EV, is a lucrative buy for the affluent

Rolls-Royce has officially unveiled its first-ever all-electric vehicle (EV), the Spectre, in the domestic market and this car is India’s most-expensive EV to date that could be a lucrative buy for the country’s affluent.

Priced at a breathtaking Rs 7.5 crore (Rs 75 million), prior to additional options, it would definitely find room for attractive sales as the country’s super luxury car buyers have lately shown an interest towards the high-end segment. 

Tata Punch.ev judiciously priced, has adequate features and also a futuristic look

Punch.ev, which has been launched, is the first electric vehicle on Tata Motors’ pure EV architecture and it has been judiciously priced, with adequate features and also a futuristic look. 

This is a dedicated platform that can change the entire floor and be designed around the battery.

Honda’s leap into electric vehicles with ‘Honda 0 Series’ beginning 2026

In a groundbreaking move, Honda Motor, one of Japan’s leading automakers, revealed its strategic leap into the electric vehicle (EV) space with its Honda 0 Series, starting 2026, gearing up to compete fiercely in the global battery-powered cars’ market.

Need for a catch up in EV space

Despite being a name to reckon with in the automotive industry, Honda has been falling behind European and US counterparts like General Motors and Volkswagen in the EV space.

Tesla loses $94 billion as EV winter sets in

Tesla shares had a roaring 2023, as they more than doubled in the 12-month period but it seems that winter has set in for the share because Elon Musk’s firm has lost more than $94 billion in market valuation in only the first two weeks of 2024.

 

The electric vehicle (EV) giant, based in Austin, Texas, has been bombarded with negative news. These include yet another price cut for its cars in China and swelling labour costs, among others.

China’s BYD to again become top electric vehicle maker in the world

China’s BYD is again set to become the top electric vehicle (EV) maker in the world and it calls itself as the biggest car brand you’ve never heard of.

 

The automaker is gearing up to pip Tesla Inc as the new global leader in fully electric vehicle sales.