Embattled developer's electric vehicle unit said it would issue about 900 million shares. That would see its total holdings in the unit drop to 58.5% after the fundraising.

The electric vehicle ecosystem in India is at an inflection point and has emerged as an attractive investment proposition

Limited supply of lithium and cobalt - the key constituents of a Li-ion battery - is also behind the global hunt for a replacement, which may become ready by 2030

Some analysts fear the jump in prices of lithium, a key constituent of batteries that drive electric vehicles, could cool people’s adoption of electric vehicles

German automaker, which also owns Czech carmaker Skoda, will focus on production of EVs rather than hybrids over the long term

The automaker is working with e-commerce companies to gather details on the required range and performance metrics, the report said

The company is looking to launch its scooters in Europe, the UK, Australia, New Zealand and Southeast Asia next year

VinFast, the Vietnamese carmaker aiming to break into the US electric SUV market, will debut two vehicles at the show

Dispute centres on how bank re-priced warrants as a result of founder's claim that he was considering taking the electric carmaker private

China Aoyuan Group sells properties at a loss of HK$177 million to repay debt and its stock price subsequently plummeted

Switch Mobility is looking for strategic and financial investors, the report said, quoting Ashok Leyland's chief financial officer

The startup is targeting an annual revenue growth rate of $3 billion in two years and plans to go for an IPO after it turns profitable