Weekly EV News: Week #8 (Feb 22, 2021 - Feb 26, 2021)
Ford's big commitment to EVs, Closer view of soon to be launched Audi-Etron, Futuristic Hyundai eGMP platform, Ambani enters EV business, Nexon EV wins Green car award in ICOTY 2021 and much more.
Weekly EV News Round-up - Week #8
Ford is making a $1B push to all-electric cars for Europe by 2030
Ford to invest $1bn to upgrade its plant in Germany for electrification. The first car to be rolled out by 2023 would be on VW's MEB platform. Planning to go all-electric in Europe by 2030
2021 Ford Mustang Mach-E
Audi to launch E-tron GT in India by late 2021
Audi to launch E-tron GT in India by late 2021, the flagship EV sedan would come with a whopping price tag of over Rs. 1.5Cr. With a peak power of 530hp, the EV can race up to a mind-boggling max speed of 245kmph
Volkswagen launches electric car sharing in Hamburg
VW is one of the very few OEMs who are actively expanding its Mobility as a Service (MaaS) footprint. After a successful launch in Berlin, the company is taking its "WeShare" car-sharing service to Hamburg with a deployment of 800 ID3s .
South Korea to halve electric vehicle prices by 2025
South Korean government unveiled a multi-pronged approach to increase EV penetration. A core part of the plan is to reduce the upfront purchase price of EVs through Domestic manufacturing, Sharing of dedicated platforms across OEMs & Battery leasing.
Hyundai explores battery leasing to lower EV prices, coordinate reuse
Battery leasing as a concept is gaining traction. Hyundai is planning to roll-out battery leasing to EV taxis in South Korea. The company is also working with LG Chem to repurpose the used batteries as energy storage options
Mukesh Ambani says he will make batteries ahead of a boom in electric vehicles
EV business is getting hotter, India's richest man Mukesh Ambani to enter EV Battery business. As part of their strategic shift to renewable energy, Reliance industry is planning to invest up to $15bn in next 10 years.
Congratulations Tata Motors for winning the first-ever Green car award in ICOTY 2021
The newly inducted Indian Green Car of the Year was presented to Tata Nexon EV as it scored a total of 106 points, followed by Hyundai Kona Electric with 99 points, and MG ZS EV with 93 points.
Hope you found this EV weekly news roundup useful, why not share it with your friends?
To receive automatic notification for our next article, please don't forget to subscribe below
Thanks
- EVQ Team