Exide, India, invests INR 4.5 billion in Exide Energy Solutions Limited On March 25, Exide Industries Limited invested INR 4.5 billion by way of subscription in the equity share capital of its wholly owned subsidiary, "Exide Energy Solutions Limited" (EESL), on a rights basis. With this investment, the total investment made by the company in EESL stands at INR 48 billion. With the current investment, Exide’s shareholding in EESL remains unchang...

News  Updated at: 2026/03/25

Ultraviolette, India, launches ‘Battery Flex’ subscription for X 47 crossover electric motorcycle On March 5, Ultraviolette introduced ‘Battery Flex’, a battery‑as‑a‑service (BaaS) plan developed with green-focused NBFC Ecofy, allowing customers to buy the X‑47 crossover electric motorcycle chassis starting at INR 149 thousand and subscribe to the battery from INR 2,499 per month with a five‑year battery warranty. Under the mode...

News  Updated at: 2026/03/06

Tesla ends one-time purchases of Full Self-Driving feature On February 15, Tesla removed the option to purchase its Full Self-Driving feature in the U.S. via a one-time flat fee of USD 8,000 as it begins shifting the feature to a subscription-only model.Until now, Tesla owners have been able to purchase the service with a one-time payment that would allow them to use it for the full lifespan of their vehicle. Now, the driver-assist feature is ava...

News  Updated at: 2026/02/20

its a month for the last six months and that expanded capacity is planned in FY 2027 to improve availability across markets.​ Hero also indicated that a significant share of current enquiries is coming via its battery‑as‑a‑service option and highlighted that both removable battery packs and subscription‑style battery plans will remain central tools for driving EV adoption as capacity ramps up.  Based on Hero MotoCorp Limited Q3 FY'26 P...

News  Updated at: 2026/02/13

It uses a 150-kW motor with energy supplied by a 60.2 kWh battery, delivering a claimed 450 km range under NEDC testing. A DC fast charger can replenish the battery from 10% to 70% in about 30 minutes. Pricing in Indonesia is set at IDR 420 million including the battery, or IDR 345 million under a subscription plan. (From Vingroup press release dated February 9, 2026)...

News  Updated at: 2026/02/13

Exide Industries, India, invests INR 500 million in Exide Energy Solutions Limited On January 28, 2026, Exide Industries Limited invested INR 500 million in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), through subscription in equity share capital on a rights basis. The allotment of 125,00,000 equity shares was completed on the same date. With this investment, Exide's total investment in EESL stands at INR 42.5223 billion, i...

News  Updated at: 2026/01/29

private placement of approximately 794 million A shares by BAIC BluePark New Energy Technology Co., Ltd. (BAIC BluePark) at an offering price of CNY 7.56 per share. The proceeds amounted to approximately CNY 6 billion, including net proceeds of approximately CNY 5.94 billion. BAIC BluePark received subscription intentions exceeding CNY 10 billion in total proceeds from this private placement, of which market-oriented subscriptions accounted for C...

News  Updated at: 2026/01/29

Tesla removing Full Self-Driving purchase option, offering subscription only On January 22, Tesla made changes to its on-line configurator to indicate that purchase of the USD 8,000 FSD option would expire on February 14, leaving only subscriptions for access to the feature at USD 99 per month. While noted on the Tesla website that currently enabled features require active driver supervision and do not make the vehicle autonomous, CEO Elon Musk h...

News  Updated at: 2026/01/29

ECARX secures USD 45.6 million strategic investment from Geely Holding ECARX (Hubei) Tech Co., Ltd. (ECARX) signed a share subscription agreement with Geely Investment Holding Ltd. (Geely Holding). Through a private placement, Geely Holding will invest approximately USD 45.6 million in the subscription for a total of 27,297,002 newly issued ECARX Class A ordinary shares at a price of USD 1.67 per share. ECARX plans to use the net proceeds from th...

News  Updated at: 2026/01/15

Leapmotor raises CNY 6.74 billion by issuing domestic shares On January 6, Zhejiang Leapmotor Technology Co., Ltd. (Leapmotor) announced on the Hong Kong Exchanges and Clearing Limited (HKEX) the signing of a domestic share subscription agreement with Zhejiang Jinhua Jinyi Hi-tech Industrial Investment Group Co., Ltd. (Jinyi Hi-tech). Leapmotor will issue 59,964,021 domestic shares to Jinyi Hi-tech, with a subscription price of CNY 50.03 per shar...

News  Updated at: 2026/01/12

f Electric Vehicle Officer Doug Field confirmed that the advanced capability will not be included at the base price point. The midsize pickup launches in 2027, one year ahead of the Level 3 launch. Instead, the feature will be an add-on, requiring additional payment either in the form of an ongoing subscription or a one-time purchase upfront purchase. Field emphasized that the goal is to make the technology affordable. In terms of approach, Ford...

News  Updated at: 2026/01/09

08 SW, Rifter, 3008, 5008, Partner, and Expert, with several electric, hybrid, and dual-motor configurations. Peugeot will additionally highlight connected services offered with its electric vehicles, including navigation and remote vehicle management features provided over a 10-year period without subscription. The automaker stated that its presence at the show is supported by strong commercial momentum and will be accompanied by promotional off...

News  Updated at: 2026/01/07

Lotus Tech secures USD 23 million strategic investment from ECARX, China On December 29, Lotus Technology Inc. announced that it has entered into a share subscription agreement with ECARX Holdings Inc (ECARX), a global mobility technology provider. The strategic investment aims to strengthen cooperation between the two companies. Under the agreement, ECARX will acquire 16,788,321 newly issued ordinary shares of Lotus Tech through a private placem...

News  Updated at: 2025/12/30

define modern driving. WLAN technology is a key enabler of the connected car experience.  For drivers and passengers, it supports high-speed in-car Wi-Fi, seamless streaming and app updates, and wireless map or software downloads. For automakers, WLAN supports the delivery of over-the-air updates, subscription-based infotainment services, and data uploads.  Based on Nokia press release...

News  Updated at: 2025/12/17

• Near-term software improvements include Universal Hands-Free (UHF) capability for second-generation R1 vehicles, enabling hands-free assisted driving on more than 3.5 million miles of roads across the U.S. and Canada, including non-highway routes.    • The company announced Autonomy+, a new subscription offering launching in early 2026. Autonomy+ will be priced at USD 2,500 (one-time) or USD 49.99 per month and will deliver continuously e...

News  Updated at: 2025/12/12

y entered a partnership with Quantum Energy to introduce the Bziness XS electric scooter with swappable batteries, priced at INR 57,750 under a Battery‑as‑a‑Service (BaaS) option. The model is aimed at daily commuters as well as last‑mile users, including fleets and gig workers, with energy subscription plans starting from INR 999 per month. Under this collaboration, 1,000 Bziness XS scooters will be deployed through Indofast’s network ...

News  Updated at: 2025/12/09

es, with a top speed of 70 km/h for urban commuting. Its features include a flat floorboard, a large seat, 27.2-litre under-seat storage, and suspension tuned for Indian roads. The model is also available through VIDA’s Battery-as-a-Service program, starting at INR 60 thousand, allowing flexible subscription and pay-per-kilometre options. It is supported VIDA EV ecosystem is supported by over 4,600 charging points and 700 service centers natio...

News  Updated at: 2025/11/11

air suspension and low NVH for ride comfort, powered by a 5.6-litre Cummins diesel engine delivering 220 hp and 925 Nm of torque. Available in multiple-seat and sleeper configurations, the chassis caters to diverse fleet and passenger needs.  The model includes a complimentary four-year Fleet Edge subscription for connected diagnostics and maintenance. The chassis also underpins the premium Tata Magna Coach and is backed by Tata's lifecycle supp...

News  Updated at: 2025/10/15

he JV, which will manufacture auto components such as ambient light, carpets, dash inners, rear shades, and tonner covers for OEMs in India and export markets. The JV is headquartered in Delhi and is classified as a related party to NDR Auto Components due to equity investment; apart from the share subscription, no other promoter group interests exist in the transaction. Based on the NDR Auto Components stock exchange notification...

News  Updated at: 2025/10/14

c charging infrastructure for commercial vehicles, announced it is launching its “Charge On Us” dealer program to help further reduce costs and ease the path to electrification for fleet customers.  The program includes USD 500 in charging credits and six months of complimentary Greenlane Edge subscription access for every qualifying light-, medium-, and heavy-duty electric truck sold. Velocity Truck Centers, a major North American dealer fo...

News  Updated at: 2025/09/24