Electric Vehicles

The government is also promoting EV, and provides subsidies as well. Charging stations are also being set up. Many government departments in our country have already switched to electric vehicles. With the gradual increasing demand of electric vehicles, many companies now have come up with their new and affordable models. Here we will provide you the list of the companies, destined to shift their gear to meet the demands in the coming year.

The recent surge of the Saudi-backed EV company comes after its CEO Peter Rawlinson said that he believes there is a long runway for the electric vehicle startup's stock and market value to rise beyond legacy automakers and to eventually be valued more like industry leader Tesla.

In a tweet on Sunday, Tesla CEO Elon Musk said the rollback was due to "some issues" with version 10.3. "Seeing some issues with 10.3, so rolling back to 10.2 temporarily," Musk tweeted. "Please note, this is to be expected with beta software. It is impossible to test all hardware configs in all conditions with internal QA (quality assurance), hence public beta," he said.

The lithium battery powered scooter price will further go down when one takes into account the state government incentives for buying an electric vehicle. The model comes with a detachable lightweight and portable advanced lithium battery for easy charge in any five amp socket at home, office, coffee shop, or any plug-on-the-wall charge point.

Ola has sold more than the entire 2-wheeler industry put together on Wednesday, Agarwal said. He further stated that the last bookings for the new scooters are opened till Thursday midnight following which the sale will be closed. Ola Electric is the all-electric branch of the indigenous rideshare company Ola Cabs based in Bangalore.

"Tesla has completed homologation and received approval for four of its vehicle variants in India," a Tesla Club India tweeted recently. "While we don't have any confirmation on names yet, these are probably Model 3 and Y variants," it added. Homologation is the process of certifying vehicles or a particular component in a vehicle that it has satisfied the requirements set by various statutory regulatory bodies.

Hyundai Motor was in sixth place in terms of global EVs sales in the January-June period, one notch down from the fifth position a year ago, according to the data by industry tracker SNE Research. The automaker's global EV sales jumped 75.6 percent on-year to 51,300 units in the first six months of the year, but its market share fell to 2.9 percent from 4.5 percent over the period, data showed.

According to Electrek, Tesla has updated its online configurator to push the delivery timeline for new Model 3 Standard Range Plus orders to January 2022, which was previously November 2021. However, Tesla's online configurator shows that the Model 3 Long Range still has a November 2021 delivery timeline, while the Model 3 Performance can be delivered as fast as four to seven weeks.

The company said that the booking will soon open online and offline with zero booking amount on its website, along with select e-tailers. The e-scooter comes with a detachable lithium-ion battery option that provides the users with the convenience of charging. The scooters have a loading capacity of 150 kgs, clocking a motor power of 250W.

The EV6 is Kia's first model embedded with Hyundai Motor Group's own EV-only electric-global modular platform (E-GMP). Kia has received over 30,000 preorders for the EV6 in the domestic market, and a combined 8,800 preorders in Europe and the United States, the company said. The maker of the K5 sedan and the Sorento SUV aim to sell 13,000 units of the zero-emission model on its home turf.