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Goyal Endorses Hybrids as Crucial for India’s EV Transition, Welcomes Global Automakers
Minister Goyal’s support of hybrids contrasts with calls for full EVs but addresses key infrastructure concerns. He extended invitations to companies like Tesla to invest in India’s EV market
VinFast Surpasses 51,000 EV Sales, Leads Vietnam's Auto Market in 2024
VinFast has achieved market leadership in Vietnam, delivering over 11,000 EVs in October, boosting its 2024 total to 51,000. With expanding production and infrastructure, the company leads both EV and gasoline-powered sales.
Volkswagen Boosts Rivian Investment Amid EV Market Challenges
Volkswagen has increased its investment in Rivian by $800 million to advance their EV collaboration, a move aimed at enhancing software and tech integration as EV demand wanes and policy changes loom
Chubu Electric Increases OMC Power Investment for 100 MW Renewable Projects
Chubu Electric has increased its investment in OMC Power, supporting 100 MW of renewable projects across India and South Africa.
Omega Seiki Expands EV Presence with New Dealership in New Delhi
“Omega Seiki has opened its second flagship showroom in New Delhi, expanding its presence in India’s electric vehicle market. The company aims to increase its network to 250 locations by fiscal year-end.”
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