Electric Vehicles

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Lightspeed selects 17 startups from SEA, India for its winter 2021 cohort

The cohort includes business-to-customer and business-to-business startups across sectors such as fintech, agritech, gaming, and healthtech. Source link

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South Korea’s LG signs $9.8b deal to produce EV batteries in Indonesia

Under the agreement, at least 70% of the nickel ore used to produce the EV batteries must be processed in…

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Indonesia to build up EV battery industry with new venture

Indonesia Battery Holding is set to be established by the country’s state miners, its electric power distribution company, and an…

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Chinese Tesla rival Xpeng seeks to raise $1.5b in US trade debut

It plans to sell 99,733,334 American depositary shares at US$15 apiece in its public debut today. Source link

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Tesla is looking for a country manager in Singapore

Elon Musk’s company also posted at least seven other positions, including service manager, store leader, and “Tesla advisor.” Source link

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Alibaba-backed Xpeng Motors bags $500m in series C+ round

Hillhouse Capital, Sequoia Capital China, Aspex, and Coatue pitched in. Source link

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Ola Electric acquires e-scooter firm Etergo to launch own two-wheelers in 2021

Ola looks to begin production work for its own EVs this year and launch its first electric scooter in 2021….

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This startup is cultivating sustainable tourism with electric vehicles

B Live says it is the only EV tourism startup in India that offers experiential tours on e-bikes. Source link

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Daimler and Bosch take a mixed mobility approach to autonomous vehicles – TechCrunch

A fleet of Mercedes-Benz S Class vehicles are now plying the roads of San Jose, California as part of a…

Automobiles, cars, Electric Vehicles, mobility, NIO, Startups, TC

Electric vehicle startup Nio lays off 141 employees at its North American headquarters – TechCrunch

Electric vehicle startup Nio is laying off 141 people at its North American headquarters. According to a filing from Employment…