Electric vehicle and clean energy startup Simple Energy has secured $20 million in a Series A funding round, with investments from high-net-worth individuals (HNIs) associated with family offices such as the Haran family office, Dr. A Velumani’s family office, Vasavi family office, and the Desai Family office, which is linked to Apar Industries. According to…
Toyota Motor Corp. (7203.T), opens a new tab, plans to launch its first electric car model with an advanced autonomous driving system similar to that of Tesla (TSLA.O) in the Chinese market next year, one of the company’s Chinese officials joint ventures said. Its joint venture with state-run Guangzhou Automobile Group (601238.SS), opens a new…
Tata Passenger Electric Mobility (TPEM), the biggest electric vehicle manufacturer in the nation, has opened its TATA.ev outlets throughout India. These brand-new showrooms will be used exclusively for the company’s electric vehicle sales and servicing. Only EV clients will be served by these new Tata.ev locations; the firm already has two locations in Gurugram, Haryana,…
The Suzuki eVX concept’s interior will be seen for the first time at the Japan Motor Show later this month after the outside was updated. Early this year, the Maruti Suzuki eVX Concept made its debut at the Indian Auto Expo 2023, where it was well-received. We expected the EV to make a big entrance…