Biden administration holds EV industry meeting with Tesla’s Musk, GM’s Barra

The Biden administration said senior officials held a meeting Wednesday with major automotive leaders including Tesla Chief Executive Elon Musk and General Motors Chief Executive Mary Barra to discuss electric vehicles and charging. The administration said in a statement “there was broad consensus that charging stations and vehicles need to be interoperable and provide a … Read more

Vedanta and Foxconn Partner to Make Chips in India Amid Global Shortage

Taiwan’s Foxconn said on Monday it had partnered with Indian conglomerate Vedanta to make semiconductors in the South Asian country, as the electronics giant looks to diversify its business amid a global chip shortage. Foxconn, the world’s largest contract electronics manufacturer and a major Apple supplier, has expanded into areas including electric vehicles (EVs) and … Read more

Vedanta and Foxconn Partner to Make Chips in India Amid Global Shortage

Taiwan’s Foxconn said on Monday it had partnered with Indian conglomerate Vedanta to make semiconductors in the South Asian country, as the electronics giant looks to diversify its business amid a global chip shortage. Foxconn, the world’s largest contract electronics manufacturer and a major Apple supplier, has expanded into areas including electric vehicles (EVs) and … Read more

The electric vehicle boom is pay-dirt for factory machinery makers

The investment surge by both new and established automakers in the electric vehicle market is a bonanza for factory equipment manufacturers that supply the highly automated picks and shovels for the prospectors in the EV gold rush. The good times for the makers of robots and other factory equipment reflect the broader recovery in U.S. … Read more

Delhi government to roll out subsidy scheme under Electric Vehicle policy

New Delhi: The Delhi government is likely to roll out from next week the subsidy scheme under its newly launched electric vehicle (EV) policy, officials said. The EV policy of the Delhi government was notified last month. Launching the policy, Chief Minister Arvind Kejriwal had said it aimed at registration of around five lakh electric … Read more