electric vehicle manufacturer

A Florida teenager's garage-built motor model is gaining attention for addressing the electric vehicle industry's reliance on rare-earth magnets. His project, based on a synchronous reluctance motor, aims to reduce dependence on these critical minerals, a challenge governments and manufacturers are also tackling worldwide. The invention highlights the ongoing search for alternatives without compromising performance.

A Coimbatore consumer commission has taken a firm stand against Royal Enfield and one of its dealers, mandating them to pay ₹5.1 lakh to a buyer whose Continental GT 650 was plagued by continuous defects. The motorcycle endured over 294 days of repairs, yet the persistent mechanical and electrical failures remained unresolved, causing the owner significant inconvenience and financial strain.

Over the last few years, more manufacturers have started offering such schemes across multiple segments, including affordable city EVs and premium electric SUVs. Here’s a look at the electric vehicles in India currently available with Battery-as-a-Service plans, along with the benefits offered by each brand.

VinFast is restructuring its Vietnam manufacturing business in a $530 million deal, creating a new entity, VFTP, to handle production and associated liabilities. This move aims to improve capital efficiency and accelerate the EV maker's path to profitability, with VFTP potentially exploring contract manufacturing. The core VinFast business will focus on R&D, sales, and customer service, adopting an asset-light model.

The latest fuel hike may also influence transmission preferences. While automatic gearboxes have become increasingly popular in urban markets, buyers focused on lower running costs could favour AMT-equipped vehicles over less efficient torque converter automatics. Electric vehicles are another segment expected to benefit, particularly among urban buyers with access to home charging.

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