ELECTRIC

ELECTRIC

Xiaomi's first EV to be priced under $70k

Xiaomi's first electric vehicle, the SU7, will be priced under $70,000, according to Lei Jun, CEO of Xiaomi, in a recent statement. Jun added that the Xiaomi SU7 aims to be "the best looking, easiest to drive and smartest car" available in the market under the 500,000 yuan ($69,424) price tag.

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Apple stops electric car project: report

Apple has stopped work on 'Project Titan', the tech giant's electric car project, according to a source familiar with the matter. The decision comes a decade after the reputed tech company begun the project, despite no official announcement being made thus far.

Singer Bangladesh’s profit rises 615%

The company sold Tk 1,700 crore goods in 2023, declared 35% cash dividend

Apple's electric car to be released in 2028: report

Apple Inc.'s electric car initiative, known as 'Project Titan', has recently shifted to a 2028 release date from the original release date of 2025, according to Mark Gruman, a renowned Apple analyst. 

Electric vehicles are reducing global oil consumption: reports

Increasing electric vehicle sales in recent years have prompted forecasters to revise their estimates for the global peak in oil consumption. Public subsidies and advancements in technology are aiding consumers in overcoming the occasionally high upfront costs associated with battery-powered cars, as noted by industry experts.

Tesla cars worth US$26k to be made in Germany: reports

Tesla cars worth 25,000 euros (about $26,838) are planned to be built at a factory in Berlin, Germany, as per a source close to the international EV maker Tesla. According to autos research firm JATO Dynamics, the average retail price of an EV in Europe in the first half of 2023 was over 65,000 euros, compared to just over 31,000 euros in China.

Solid-state batteries: the future of the EV industry?

Central to the recent rise of EVs is an ongoing competition between two battery technologies: solid-state batteries, which promise enhanced performance and safety, and traditional lithium-ion batteries, which have served as the workhorse of the EV industry.

India launches its first indigenous electric tractor, CSIR PRIMA ET11

India has recently launched the country's first indigenous fully-electric tractor, named CSIR-PRIMA ET11. The tractor was developed by India's state-owned Council for Scientific and Industrial Research and Central Mechanical Research Engineering Institute (CSIR-CMERI).

India unveils BS-6 Stage-II 'electrified flex-fuel vehicle' prototype

India has recently unveiled a prototype of the BS-6 (Stage-II) electrified flex-fuel vehicle, which is said to run on 100% ethanol. The vehicle, a made-in-India Toyota Innova Hycross, is developed by Toyota Kirloskar Motor, and contains both a fuel flexible engine and an electric powertrain.

Tesla faces trial over deaths caused by autopilot malfunction: reports

Tesla Inc., the multinational electric vehicle company, is set to appear in court to defend against claims that the malfunction of their autopilot driver feature resulted in accidents that led to death.

Lamborghini goes electric: Meet the new Lamborghini Lanzador EV

Lamborghini has unveiled the Lanzador, an electric vehicle described as an 'Ultra-GT' at Monterey Car Week.

Here's why Electric Vehicles are better for the environment

One of the most compelling reasons why electric vehicles are better for the environment is their significantly reduced greenhouse gas emissions compared to internal combustion engine (ICE) vehicles.

Audi launches Electric Vehicle charging station in Tejgaon

Located in the Audi service cente in Tejgaon, Audi Bangladesh recently introduced the first electric charging station for electric vehicles in the country. 

Is Dhaka ready to embrace Electric Vehicles?

Is Dhaka ready for Electric Vehicles?

Audi launches its electric SUV in Bangladesh

Audi has launched its electric SUV, the e-tron, in the Bangladesh market. The vehicle was unveiled on January 21, at the Audi showroom in the capital's Tejgaon area.

Meet Baagh, a new local electric vehicle maker

Meet Baagh Eco Motors, a company that is making electric vehicles in the country to reduce import dependency. The company has already developed several battery-powered vehicles including solar cars, motorcycles, solar vans, solar eco taxis, etc. These vehicles were recently inaugurated and exhibited at Hotel Sonargaon in Dhaka.

Rolls-Royce Spectre: The fully-electric super coupé

Rolls-Royce Motor Cars recently announced their brand new Rolls-Royce Spectre, which is being hailed as the world's first ultra-luxury electric super coupé. 

Palki: An affordable locally assembled Electric Vehicle on its way

In today’s world, many countries are now changing lanes and embracing electric vehicles (EVs). In the past decade, we have seen a tectonic shift in the automotive industry - we have seen brands like Tesla, Rivian and NIO take off. We have also seen conventional automakers like Volvo, GM, Nissan and Ford fast-track their EV product line. Globally, electric vehicle sales figures have soared to a record high. Countries like Norway, Germany and Netherlands have adopted electric vehicles swiftly. Even in China, the electric car market own consists of 28% now, which is a massive pie compared to just five years back. 

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