Industry
Climate Group EV100 initiative gets 31 companiesedit
Around 31 leading firms worldwide with a combined revenue of US $500 billion have extended their support to the non-profit organisation The Climate Group’s EV 100 initiative to stimulate the electrification of transport, organisation said in its latest report.
Competition
Hero Electric Promotes Electric Vehicles And Tempts Petrol Two-Wheeler Owners With Exclusive Discountsedit
Two wheelers have been on the forefront of India’s electric vehicle (EV) revolution. However, there are still crores of petrol guzzling ones hitting the roads every single year, as per two-wheeler maker Hero’s estimate.
International
Electric Car Sales In UK Doubled In January 2019: PHEVs Disappointedit
In January, the overall plug-in electric market in the UK increased by 8.5% to 3,602 new registrations at a market share of over 2.2%. Total registrations decreased by 1.6% to 161,013. The single-digit growth was basically the result of a superb increase of all-electric cars, by 110% – the highest growth rate for several years, while the plug-in hybrids drag the plug-in segment down.
Slow EV Growth In Europe Endingedit
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China’s CATL, Honda plan to co-operate on EV battery developmentedit
Contemporary Amperex Technology Ltd and Honda Motor have signed an agreement to co-operate on jointly developing lithium ion batteries for electric vehicles, as China’s top EV battery maker expands its tie-ups with Japanese automakers.