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Why China’s EV ambitions need virtual power plants

If you, like me, are unsure how a power plant can be virtual, my colleague June Kim just published an insightful article explaining the technology and how it works. For this week’s newsletter, I took the chance to ask her some more questions about VPPs. It turns out the technology has a particularly good synergy with the EV industry, which is why the Chinese government has started to invest in VPPs.  “VPPs are basically just aggregations of distributed energy resources that can balance electricity on the grid,” June…

BluSmart Tata Power: BluSmart signs deal with Tata Power; moves to solar power for all EV charging needs

BluSmart, an all-electric ride-hailing startup, said on Wednesday it will power its fleet of electric cabs with solar energy supplied by Tata Power, marking a key step towards sustainable transportation in India.As per an agreement between the two companies, BluSmart will receive 30 megawatts (MW) this year from Tata Power that will be used for its entire fleet of 6,000 electric cabs in Delhi NCR and Bengaluru, the Gurugram-based company said in a statement. Financial details of the agreement were not disclosed.Elevate…

New Audi RS5 Avant Global Debut in 2025, Here’s All You Need To Know

Curated By: Shahrukh ShahLast Updated: February 19, 2024, 11:32 ISTRepresentational image. (File photo)Once introduced, the new RS5 Avant will compete against BMW's M5 and Mercedes-AMG's C 63 PHEV.The German carmaker Audi is gearing up to give a big boost to the lineup in 2025. To achieve this goal, the brand has aligned the all-new Audi RS5 Avant, making a global debut next year. However, the exact date is not confirmed yet.It has been reported that the vehicle will get the company’s first sporty plug-in hybrid system.

Mahindra to Use Volkswagen Electric Components and Battery Cells, Details Inside

Published By: Shahrukh ShahLast Updated: February 18, 2024, 16:47 ISTRepresentational image. (File photo)Volkswagen said the agreement would run "over several years" and have a total volume of about 50-gigawatt hours of energy storage capacity over its lifetime.Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of the German carmaker’s open platform for electric vehicles (EVs), the companies said in a statement.Mahindra plans to use certain platform components,

Faraday Future in danger of losing LA headquarters for failing to pay rent

Struggling EV startup Faraday Future owes the landlord of its Los Angeles headquarters nearly $1 million after missing the last two months’ rent, TechCrunch has learned. The landlord, Rexford Industrial, filed a previously unreported lawsuit against Faraday Future this week in Los Angeles Superior Court that accuses the startup of missing its January and February lease payments, as well as associated maintenance fees and taxes. Rexford claims the startup owes it $917,887.26 as a result and is…

Ford Trademarks Mustang Mach-E Nameplate, Hints At India Re-Entry

Ford Trademarks Mustang Mach-E Nameplate, Hints At India Re-Entry. (Photo: Teambhp)Although Ford has not officially announced the pricing for the Mustang Mach-E in India, it is anticipated to be priced at over Rs 1 crore.Ford has taken a significant step towards its re-entry into the Indian market by trademarking the nameplate for its electric SUV, the Mustang Mach-E.This move suggests that the American automaker is advancing its plans to introduce the Mustang Mach-E to the Indian audience.The Mustang Mach-E was initially…

Tesla: Tesla may head to India on incentive-paved road

US electric automaker Tesla could soon set up shop in India, with the government close to finalising a policy to extend concessional import duties on electric cars exceeding Rs 30 lakh (about $36,000) for 2-3 years.The reduced import duties are likely to be offered in lieu of bank guarantees by Tesla for a proposed investment to build an electric vehicle factory in India, people aware of the developments told ET.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology…

Tata Motors, MG Cut Prices On EV Lineups, Bring Them On Par With Petrol And Diesel Variants

Last Updated: February 14, 2024, 18:26 ISTTata Motors, MG Cut Prices On EV Lineups, Bring Them On Par With Petrol And Diesel Variants. (Photo: Tata.ev)The on-road price of a petrol Nexon is Rs 14.2 lakh, while the electric Nexon costs Rs 15.1 lakh.Tata Motors and Morris Garages (MG) have slashed prices on their electric cars, bringing their EV lineup on par with petrol and diesel variants. On February 13, Tata Motors, India’s largest electric car seller, announced significant price cuts for electric versions of the Nexon…

Watch: Xiaomi Unveils Interiors of SU7 And It’s Worth A Look

Last Updated: February 14, 2024, 13:45 ISTXiaomi Unveils Interiors Of SU7 And It's Worth A Look. (Photo: The Financial Express)The interiors have an arch-shaped roof, aligning well with the positions of the driver's and passenger's seats.Chinese tech giant Xiaomi has shared the first glimpses of the interiors of its debut electric vehicle, the SU7, scheduled for launch later this year.While the exterior design was showcased in December, the interiors remained a mystery until now. The company is moving away from the…

Tesla has won the EV charging wars

is the latest manufacturer to commit to using Tesla’s NACS (North American Charging Standard). The company was the last remaining holdout among major automakers, meaning the NACS is becoming a true common standard.According to , electric vehicles from Stellantis brands (which include Dodge, Chrysler, Fiat, Ram, Jeep and Alfa Romeo) will start using the NACS connector in select models next year. The automaker will also offer an adaptor for existing vehicles, meaning drivers will be able to charge using either NACS or…