Tata Motors to Invest ₹18,000 Crore in EV Division till 2030
With this investment, the company plans to achieve a 20% market share in the Indian passenger vehicle market by FY30.
The Price War on Batteries to Reduce the Cost of EVs
China’s CATL, the world’s largest manufacturer of batteries for electric cars, plans to halve its battery costs this year, igniting a price war with Chinese Car maker BYD’s subsidiary FinDreams.
Xiaomi Makes Big Bet on Premium Electric Car Market
The company, known for its affordable smartphones and smart home devices, surprised many by unveiling its first EV, the SU7, at the Mobile World Congress in Barcelona.