U.S. electric vehicle maker Fisker files for bankruptcyThe bankruptcy filing by U.S. electric vehicle maker Fisker comes after failed deal talks with a major automaker, resulting in the company ...
18 Jun, 2024, 10.11 AM IST
Car models crowd in as EVs spark in IndiaIndia's electric vehicle market is expanding rapidly with government support and increasing consumer awareness. Tata Motors leads the marke...
10 Mar, 2024, 06.00 AM IST
VinFast firming up India entry strategy, plans to sell e-SUVs from April 2024Vietnamese electric vehicle (EV) maker VinFast Auto plans to enter India's electric car market with two to three e-SUV models, starting wit...
03 Oct, 2023, 10.00 AM IST
Nikola shares plummet 26% as electric truck maker names 4th CEO in 4 yearsNikola forecast third-quarter revenue of USD 18 million to USD 28 million, compared with estimates of USD 34.5 million, according to Visibl...
05 Aug, 2023, 10.17 AM IST
EV startups burn through more cash as demand faltersEven market leader Tesla has warned of "turbulent times" and traditional automakers with deeper pockets including Ford Motor are losing mon...
03 Aug, 2023, 10.22 PM IST
Foxconn may set up EV factory in India this yearThis marks the first instance where Foxconn has explicitly stated its plans to further its EV manufacturing ambitions in India.
16 Jun, 2023, 06.00 AM IST
Tesla's slowing sales, shrinking margins in focus in EV price warThe company's margins will be hit though as Tesla looks to squash competition from traditional automakers such as Ford Motor Co and unprofi...
25 Jan, 2023, 01.08 AM IST
EV sector hiring set to gain momentum next yearHiring in the sector is seen growing by 40-50% in the next 6-12 months as companies look to strengthen their teams across functions to cate...
20 Dec, 2022, 12.32 AM IST
Foxconn electric vehicle alliance plans boxy three-seaterBetting on strong demand in Asian markets for smaller electric cars, MIH Consortium plans to build its first car, which it calls Project X,...
08 Nov, 2022, 03.15 PM IST
A Foxconn Tesla? Taiwan tech giant targets 5% of EV manufacturing by 2025Speaking at the company's annual Tech Day, Chairman Liu Young-way said Foxconn, the world's biggest contract electronics maker, wants to re...
18 Oct, 2022, 05.01 PM IST
Is anyone actually making electric vehicles?It’s even tougher when costs to produce vehicles are surging. Manufacturers can’t get their hands on parts and sales have been underwhelmin...
25 May, 2022, 09.57 AM IST
Foxconn to make electric cars in India for FiskerThe EV market in India is on the rise, with sales of over 300,000 units across segments in 2021. The share of electric cars stood at around...
31 Jan, 2022, 09.55 AM IST
Foxconn says looking at making EVs in Europe, India, Latin AmericaFoxconn, formally called Hon Hai Precision Industry Co Ltd, aims to become a major player in the global EV market and has clinched deals wi...
20 Oct, 2021, 11.01 AM IST
Carmakers shift up a gear in race to go electricThat follows a recent announcement that Daimler AG will take a 33% stake in battery cell manufacturer Automotive Cells Company (ACC), found...
18 Oct, 2021, 05.31 PM IST
Apple iPhone maker Foxconn now wants to make electric vehiclesFoxconn has teased three vehicles - an SUV, a sedan and a bus. These were made by Foxtron, a venture between Foxconn and Taiwanese car make...
18 Oct, 2021, 01.29 PM IST
Taiwan's Foxconn shows off three electric vehicle prototypesThe vehicles - an SUV, a sedan and a bus - were made by Foxtron, a joint venture between Foxconn and Taiwanese car maker Yulon Motor Co Ltd.
18 Oct, 2021, 12.55 PM IST
Elon Musk’s $139 billion fortune leads massive EV wealth gainsThat doesn’t take into account the ancillary parts required for electric cars. The top shareholders of battery maker Contemporary Amperex T...
03 Dec, 2020, 11.21 PM IST