Tag Archives: electric

Stocks in the news: DHFL, Indiabulls Real Estate, Wipro, Cyient and Schneider Electric

NEW DELHI: Nifty futures on the Singapore Exchange were trading 24 points, or 0.20 per cent, lower at 11,860, indicating a negative start for the Nifty50. Here are a few stocks which may buzz the most in today’s trade: Indiabulls Real Estate: US-based investment firm Blackstone may acquire Indiabulls Real Estate’s promoters’ stake at an estimated enterprise value of around $1 ... Read More »

EU clears German plan for electric vehicle charging network

The European Commission said on Monday it had approved German plans for an infrastructure network for charging electric vehicles across the country. The plan, at a total cost of 300 million euros (255 million pounds) over four years, will require that the electricity comes from renewable energy sources, with contracts awarded through an open tender process. “Electric vehicles can provide ... Read More »

Exclusive – BMW bosses to skip Paris show to thrash out electric car strategy

BMW’s (BMWG.DE) management board is skipping the Paris Motor Show to hold talks aimed at breaking a deadlock over whether to produce new electric cars, including a battery-powered Mini, sources familiar with the matter told Reuters. Spurred on by the success of U.S. rival Tesla (TSLA.O), which has received almost 400,000 pre-orders for its Model 3 car, German carmakers Mercedes-Benz ... Read More »

Daimler to unveil long-distance electric car in October

Germany’s Daimler will lift the curtain on its much-anticipated long-distance electric car at the Paris Motor Show in October, as the automaker gears up to compete with Tesla Motors Inc’s Model X sport-utility vehicle (SUV). The company will display a prototype of an electric-powered Mercedes car with a 500-kilometre (310 miles) range, Chief Development Officer Thomas Weber said this week ... Read More »