- Tesla
- geopolitical situation
- US
- Elon Musk
- China
- BYD
- price decrease
- electric
- EV
- performance
- passenger vehicles
- revolutionary
- charging
- technology
BYD Slashes Vehicle Prices; Launches Revolutionary EV Charging System
- By MT Bureau
- March 19, 2025
With Tesla facing some difficulty due to the geopolitical situation concerned US and its owner, Elon Musk as the man close to US President Donald Trump, it is China’s BYD that has announced lowering of prices of its electric performance passenger vehicles. According to a report in Yahoo News, buyers of BYD electric vehicles will have to spend no more than US$ 10,000 to acquire one for themselves. Not only undercutting domestic competitors BYD seems to be gearing up to undercut its global competitors like Tesla as well.
Besides announcing that its EVs will start at US$13,688 and feature ‘God’s Eye’ advanced driver assistance system as standard, BYD has also announced a revolutionary charging technology that works nearly as fast as a fill up. The ultra-fast EV charging system includes flash-chargers that can provide a full charge for its latest EVs within five to eight minutes. The time taken is similar to the amount of time needed to fill a fuel tank of an ICE vehicle.
Planning to build more than 4,000 new charging stations across China, the electric vehicle maker has been refining its battery and energy storage technology over time. Expanding its auto empire outside China, the company is known to claim that its one-megawatt flash chargers will provide power for up to 400 km in five minutes.
BYD founder Wang Chuanfu is known to have said in a recent statement that ultra-high voltage and a large current are required to maximise charging speeds. To completely solve users' anxiety over charging, our pursuit is to make the charging time for EVs as short as the refueling time for fuel vehicles, he elaborated.
Its flash-charging system relies on silicon carbide power chips with voltage levels of up to 1,500-volt. Developed in house, the system works to ultra-fast charge the Blade lithium-ion phosphate batteries found in BYD vehicles. The Blade battery technology of the Chinese company is considered to the world's safest and most efficient. Even Tesla is said to have taken to use blade batteries in some of its EVs, acknowledging its benefits over other battery technologies, sources in the EV industry claim.
BYD reported a sale of over 4.3 million new energy vehicles last year, up 41 percent when compared to the sale of 1.8 million battery electric vehicles and 2.5 million plug-in hybrids in the corresponding period the year prior.
In India, BYD unveiled the Sealion range of performance electric cars in January 2025 at the Bharat Mobility Global Expo 2025. It has been steadily expanding its reach in the country’s growing EV market, which is dominated in the passenger vehicle space by players like Tata Motors, JSW MG Motors and Hyundai Motor India among a few others.
PeakAmp, Pacto Power Join Forces For Battery Waste Management
- By MT Bureau
- April 07, 2026
PeakAmp, a battery circularity and resource recovery firm, has entered into a partnership with Pacto Power to manage battery waste across its operations. The agreement focuses on the collection, logistics and recycling of units, alongside ensuring Extended Producer Responsibility (EPR) compliance.
Under the terms of the partnership, PeakAmp serves as the exclusive partner for end-to-end battery waste movement. The collaboration aims to transition battery waste through authorised channels to improve material recovery and reduce leakage into informal networks.
The key areas of collaboration include establishing systems for the documented movement and disposal of battery waste for traceability. Second-life applications by developing uses for batteries beyond their initial vehicular or industrial lifespan. Research into new lithium-ion battery production.
The partnership reflects a shift in the sector towards integrating traceability into waste management systems as battery volumes increase.
Aditya Sudhanshu, Co-Founder & COO, PeakAmp, said, “As battery usage continues to grow, it becomes important to manage battery waste in a responsible and compliant way. Our partnership with Pacto Power helps us ensure smooth collection, recycling, and compliance management across the entire battery lifecycle. We look forward to building a more transparent and efficient battery waste ecosystem together.”
Manoj Kushwaha, Director, Pacto Power, added, “Partnering with PeakAmp marks an important step in strengthening our commitment to responsible and compliant battery lifecycle management. As we continue to scale our operations, ensuring proper handling of battery waste and meeting EPR obligations becomes critical. PeakAmp’s structured approach to collection, recycling, and compliance will help us build a more transparent, efficient, and sustainable system. We also see strong potential in collaborating on second-life applications and advancing lithium-ion battery innovation together.”
Ultraviolette Partners Elektrorider For Hungary And Danube Region
- By MT Bureau
- April 07, 2026
Ultraviolette, the Bengaluru-based electric vehicle manufacturer, has announced a strategic alliance with Elektrorider, appointing the firm as its official importer and distributor for Hungary and the Danube region. The agreement covers six markets – Hungary, Croatia, Slovakia, Romania, Slovenia and the Czech Republic, expanding Ultraviolette’s European footprint to 19 countries.
Under the partnership, Ultraviolette will introduce its performance electric motorcycles, the F77 MACH 2 and F77 SuperStreet, to Central Europe. The expansion utilises Elektrorider’s existing retail infrastructure in electric motorcycles, scooters and e-bikes.
Narayan Subramaniam, CEO & Co-Founder, Ultraviolette, said, “We are excited to partner with Elektrorider to introduce the Ultraviolette brand in Hungary and Central Europe. This alliance marks a pivotal milestone in our global expansion as Ultraviolette moves beyond India into some of the world’s most discerning motorcycling markets. With a strong foothold already established across 12 European countries, Ultraviolette is poised to accelerate worldwide growth following successful launches in these demanding countries. To riders across Hungary and Central Europe, we seek to bring Aviation based design, unmatched capability and performance, along with future-forward technology that redefine the motorcycling experience with every Ultraviolette ride. Guided by this vision, we are confident that this partnership will establish a world-class Ultraviolette ecosystem, right from product experience to aftersales support. This is only the beginning, and we are excited and confident of the journey ahead.”
Attila Pavuk, COO, Elektrorider, added, “We are equally excited and proud to introduce Ultraviolette to Hungary and the Central European market and go ballistic with the brand’s both visually striking and technologically cutting-edge performance motorcycles. At Elektrorider we represent a lifestyle built around performance, freedom, adventure, and reliability. With deep roots in the CEE market, we combine data-driven insight with real riding experience; we don’t guess but listen and analyse. We understand this region because we live here, ride here, and build meaningful partnerships with brands that share the same high standards, such as Ultraviolette. To motorcycle enthusiasts throughout Hungary and Central Europe, this alliance merges India’s high-tech offer, bold design, exceptional capability, and forward-looking technology with European riding expectations that elevate the electric experience to the next level. With this vision at the core of our partnership, this marks the start of an exciting journey, and we couldn’t be more enthusiastic about what lies ahead.”
- Mitsubishi Motors Corporation
- Electric Vehicle Incentive Strategy
- EVIS
- Philippine
- Marco
- Takao Kato
- Mitsubishi Motors Philippines Corporation
- MMPC
Mitsubishi Motors To Produce Hybrid Vehicles In The Philippines Under EVIS Programme
- By MT Bureau
- April 07, 2026
Japanese automotive company Mitsubishi Motors Corporation has announced its intention to participate in the Philippine government’s Electric Vehicle Incentive Strategy (EVIS). The plan was discussed during a meeting between President Marcos and Takao Kato, Chief Executive Officer of Mitsubishi Motors.
Subject to application approval, Mitsubishi Motors Philippines Corporation (MMPC) intends to commence production of a new hybrid electric vehicle (HEV) model at its facility in Santa Rosa City, Laguna, with production scheduled to begin in mid-2028.
To facilitate this transition, MMPC will undertake additional investments to upgrade its manufacturing facilities for electrification. The company expects these initiatives to expand the local supply chain and create employment opportunities within the Laguna region.
Takao Kato, CEO, Mitsubishi Motors, said, “The Philippines has long been one of our most important markets, where we have engaged in production and sales for many years. In cooperation with the Philippine government, we are honoured to contribute to the advancement of vehicle electrification and industrial development through the EVIS program, as well as to support the further growth of the Philippine economy.”
Tesla Adds Its First Charging Station In Navi Mumbai
- By MT Bureau
- April 06, 2026
Tesla has announced the commissioning of its first in-mall charging location at Nexus Seawoods in Navi Mumbai. This site provides eight chargers, expanding the company’s charging infrastructure to locations where customers spend time, such as retail destinations and highway rest stops.
The new station, located in the B1 parking area of the mall, features a combination of direct current (DC) and alternating current (AC) charging options:
V4 Superchargers: Four units providing peak charging speeds of 250 kW. A Model Y can add up to 275 km of range in 15 minutes using this technology.
Destination Chargers: Four units providing 11 kW for standard AC charging.
The charging process is integrated with the Tesla app, which allows owners to navigate to stations, precondition vehicle batteries, monitor stall availability, and complete payments. The company reports a claimed global charging uptime of 99.95 percent.
With the addition of the Navi Mumbai site, Tesla now operates five charging locations across India, totalling 20 Superchargers and 14 Destination Chargers.

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