Daily News Wrap up: Xiaomi Raises EV Delivery Target Amid Surging Demand

Xiaomi Raises EV Delivery Target Amid Surging Demand

As the automobile startup reported a 30.5% increase in third-quarter sales, China's Xiaomi Corp. announced that it expected to deliver 130,000 electric vehicles this year, increasing its prediction for the third time. As demand rises, the electronics manufacturer is increasing its aim from an earlier... Read More.

PURE EV Partners with Arva Electric to Expand in MEA

In order to sell electric motorcycles to the Middle East and African markets, PURE EV, an Indian electric two-wheeler manufacturer, teamed up with Arva Electric Vehicles Manufacturing, a Clarion Investment company based in the United Arab Emirates. According to the deal, 50,000 units of its... Read More.

Greaves Cotton EV Financing Arm Targets 500K EVs in 5 Years

Over the next five years, Greaves Cotton's financing company Evfin aims to boost its portfolio of funded electric two-wheelers from its current size of about 12,000 units to 500,000. By expanding from its current presence in 42 locations to 150–160 cities, evfin hopes to service... Read More.

NXP Simplifies NFC Security Applications with New MIFARE DUOX

NXP Semiconductors has announced MIFARE DUOX, the first NFC contactless IC in its class to combine asymmetric and symmetric cryptography in a single product. This helps to simplify security for NFC applications, such as electric vehicle (EV) charging authentication, secure car access and other access... Read More.

Cadillac Unveils 2026 VISTIQ: Luxury Three-Row EV SUV

Cadillac has announced the 2026 VISTIQ, a state-of-the-art luxury three-row electric SUV that is intended to raise the bar for technology, performance, and craftsmanship. The VISTIQ, positioned as a crucial addition to Cadillac's expanding EV lineup, will satisfy discriminating buyers looking for both roominess and... Read More.

Suzuki, Tata Elxsi Launch Offshore Development Center Initiative

Suzuki Motor Corporation, a Japanese multinational mobility manufacturer, and Tata Elxsi, a global leader in design and technology services, inaugurated the ‘SUZUKI-TATA ELXSI Offshore Development Center’ in Pune, India. This dedicated center will drive Suzuki’s innovations in advanced engineering, shaping the future of mobility. Tata... Read More.

IIIT Hyderabad’s AI-Driven Car Revolutionizes Robotic Navigation

IIIT Hyderabad’s Self Driving Car is an electric vehicle that performs point to point Autonomous Driving with collision avoidance capabilities over a wide area. Equipped with 3D LIDAR, Depth Cameras, GPS systems and AHRS (Attitude and Heading Reference System which essentially means sensors on three... Read More.

Odysse Electric Secures Investment and 40,000 EV Order

Zypp Electric has invested in Odysse Electric to help in its growth throughout India. Zypp Electric has ordered 40,000 electric cars as part of this partnership, and they will be delivered over the course of the following three years. It is anticipated that the investment... Read More.

Ultratech to Add 100 Electric Trucks for Logistics

In its logistical operations, UltraTech Cement Limited intends to employ more electric vehicles (EV trucks). About 100 EV trucks will be deployed through a transport service contract that the company has signed. With a round-trip distance of roughly 400 kilometers, these vehicles will move 75,000... Read More.