emobility

Executive Chair Chung added, “Hyundai pledges continued investments in various areas to further contribute to the Brazil's economy in collaboration with partners.”New Delhi: Euisun Chung, Executive Chair of Hyundai Motor Group (the Group), is currently visiting Brazil, and has met with the country’s President Luiz Inácio Lula da Silva.President Lula; Geraldo José Rodrigues Alckmin Filho, Vice President and Minister of Industry and Foreign Trade of Brazil; and Jose Muñoz,…

Volkswagen Group and Mahindra aim to strengthen their e-mobility footprint in the Indian automotive market and to accelerate electrification in the region.Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed the first supply agreement on components of Volkswagen´s MEB for Mahindra’s purpose-built electric platform INGLO, taking a definitive step further on their joint vision for e-mobility collaboration. The deal covers the supply of certain electric…

Consumer electronics multinational Acer nudged into the electric mobility space last year with the cool-looking ebii ebike. Now its Predator gaming arm is joining the party with the Extreme e-scooter."As part of Acer’s push towards smart, eco-friendly lifestyles, the Predator Extreme e-scooter brings new levels of fun and mobility to our lineup of sustainable technology," said Acer EMEA's Valerie Piau. "This year, we are looking to continue expanding the product lineup for off-road electric scooters and bicycles to create…

Taiwanese electronics giant Acer has reaffirmed its commitment to continue contributing to the Make in India initiative in the backdrop of its chairman's visit to the country. The 47-year-old company views India among its pivotal markets and has announced that it will be drilling deeper into India's tech market via new segments like consumer electronics, eMobility, and AI PCs. In the coming years, the company wishes to bring more layers of eco-friendly technologies so that it stays true to its commitment to attain a…

BillionElectric, an e-mobility as a service (eMaaS) startup, on Tuesday said it has raised $10 million in a seed round, comprising equity and lease funding.Of the $10 million, $3 millIon is the equity component, and the rest is lease funding.The funding round was led by Urmin Group, a packaged food manufacturing and processing company based in Ahmedabad, BillionElectric founder Kartikey Hariyani told ET. Urmin put $1 million in equity and $7 million in the lease component, he added.Hariyani is also founder and CEO of…

Evolving consumer demands are also helping e-mobility gain mainstream traction. In fact, automotive consulting firm AutoPacific reports that consumer demand in the U.S. increased to 5.6% of total light vehicle sales in 2022. This number was 3.3% in 2021. One reason for this uptick is that consumers are looking for eco-friendly alternatives to traditional transportation vehicles, which contribute approximately one-quarter of all energy-related carbon dioxide emissions to the atmosphere. These shifts in policy and…

The JV company operating out of Germany will be focusing on providing various solutions through an AI-supported platform.Mumbai: Goldstone Technologies Limited (GTL) is setting up a Joint venture company partnering with German e-mobility major, Quantron AG. The JV will operate out of Augsburg, in Germany and from Hyderabad, with plans to set up a US entity in Q3 2023.The JV company operating out of Germany will be focusing on providing various solutions through an…

Uttar Pradesh, Delhi and Karnataka are the top three adopters of electric vehicles, but Telangana, the youngest state in India, is also promoting sustainable mobility to accelerate EV adoption with the introduction of Hyderabad E-Mobility week and the country’s first Formula E race.To accelerate sustainable mobility in India, Kalvakuntla Taraka Rama Rao, the Cabinet Minister for IT E&C, announced India’s first new mobility-focused cluster “Telangana Mobility Valley”. According to him, this will create best-in-class…

As the auto industry moves to fully electric vehicles, big oil companies are looking to keep their share of the wealth. In the latest news, oil giant Shell is buying out EV charging and media company Volta. Big oil goes after EV charging With an increasing number of automakers and nations committing to fully electric vehicles and the auto industry’s future becoming clearer, oil companies are doing their part to ensure they remain relevant throughout the transition. Electric vehicles…

SwapX is a plug-and-play battery swapping solution that caters to a mass customer base.New Delhi: SUN Mobility, the leading provider of universal energy infrastructure and services for electric vehicles (EVs), today launched SwapX, a sleek and compact, fully automated battery-swapping solution that will reimagine the future of urban electric mobility. The company also unveiled its next generation smart battery, the S2.1, which has 45% more range and higher power.SwapX is a plug-and-play battery swapping solution that…