Toyota says it will invest $1.3 billion at its huge factory complex in Georgetown, Kentucky, in part so it can build an all-new three-row electric SUV to be sold in the U.S. The company says the money will help with future electric vehicle production, including the addition of a line to assemble battery cells into packs for other EVs. The investment brings to nearly $10 billion the amount of money that Toyota has spent at the plant, the company said in a statement Tuesday.
Volkswagen Group is considering an entry-level electric SUV for the Indian market which can be introduced in the latter half of this decade. The company is actively evaluating different platforms for the development of this EV for India. The company has also expressed interest to manufacture this electric SUV in India and it even plans to export the SUV to Southeast Asia, GCC countries and North Africa., Electric Vehicles News, Times Now
Electric Car News: Volkswagen Group's Indian unit plans to introduce an affordable electric SUV in the latter half of this decade. The company aims to leverage India's favorable tax structure for EVs and explores exporting the new model to international markets. Discover more about Volkswagen's plans for an entry-level electric SUV in India.
Ev Car Fire: A Volvo C40 Recharge electric SUV caught fire on a highway in Chhattisgarh, raising questions about the safety of electric vehicles. The cause of the fire is unknown, and an investigation is underway. Concerns about EV fires have been a significant issue in the Indian market, hindering the transition towards green mobility. Poor cell quality, battery design, and a deficient BMS are often blamed for EV fire incidents. It is advisable to use company-fitted accessories and follow the manufacturer s instructions for EV owners.