- 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.
- Hyundai Motor India
- Jio-bp
- Reliance Industries
- bp
- myHyundai
- electric vehicle
- charging
- Hyun Sup Lee
- Sarthak Behuria
- Akshay Wadhwa
Hyundai Motor India, Jio-bp Partner To Integrate EV Charging Networks
- By MT Bureau
- August 25, 2026
Hyundai Motor India, one of the leading passenger vehicle manufacturers, has partnered with Jio-bp, a joint venture between Reliance Industries and bp, to integrate their electric vehicle charging networks across India.
Under the agreement, Jio-bp's network of over 7,000 charging points across 300 cities will integrate into the myHyundai mobile application. The integration increases the total charging locations accessible via the app from 30,000 to over 37,000 points. The myHyundai application remains open to owners of all electric vehicle brands.
In turn, Hyundai Motor India's 183 operational direct-current fast-charging stations, alongside planned installations, will be added to the Jio-bp pulse charge pro application.
Jio-bp operates direct-current fast chargers with capacities between 60 kW and 480 kW along national highways and urban hubs, maintaining a claimed network uptime rate of 96 percent. Hyundai Motor India plans to expand its proprietary fast-charging footprint to 600 stations by 2030.
Hyun Sup Lee, Executive Director and Function Head of Corporate Planning at Hyundai Motor India, said, “At HMIL, our vision is to provide customers with a holistic and worry-free electric mobility experience. As we continue to expand our EV product line-up in India, we are witnessing a shift in customer concerns from range anxiety to charging anxiety, underscoring the growing importance of accessible, reliable, and convenient charging infrastructure. This partnership with Jio-bp pulse marks another significant step towards strengthening the EV ecosystem in India by enhancing charging accessibility and convenience for our customers. Through the integration of our charging networks, we are simplifying the charging journey and enabling Hyundai EV owners to access a wider network of reliable charging solutions through the myHyundai app. Together, we remain committed to accelerating the adoption of sustainable mobility and delivering greater value to EV users. Additionally, HMIL and Jio-bp pulse will explore opportunities to introduce customer-centric offers in the future, further enhancing the ownership experience for EV customers.”
Sarthak Behuria, Chairman, Jio-bp, said, “India's shift to electric mobility depends on building trust at scale. Our partnership with Hyundai Motor India reflects that shared conviction. By bringing our nationwide network and high-performance charging infrastructure to Hyundai, we are not just adding charging points, we are building that trust together. This collaboration marks a meaningful step in our broader vision to make clean mobility accessible, dependable, and future-ready for every Indian on the road."
Akshay Wadhwa, CEO, Jio-bp, said, “For EV owners, range anxiety is often not just about charger availability, but about knowing whether the next charger will be operational. That’s where Jio-bp pulse comes in, with high-uptime charging stations and fast-charging technology designed to deliver a reliable and fast charging experience. Together with Hyundai, we are making it easier for customers to access this network directly through the app. We are excited to give EV owners a charging experience that matches the quality of the vehicles they drive."
Lucid Group Updates Gravity SUV Lineup For European Markets
- By MT Bureau
- August 19, 2026
American electric vehicle manufacturer Lucid Group has announced a revised model lineup for its Lucid Gravity SUV in Europe. The updated structure consists of four trim levels: Gravity Touring, Gravity Touring Plus, Gravity Grand Touring and Gravity Grand Touring Ultimate.
The EV maker has expanded standard equipment across all variants, which sees the DreamDrive 2 Premium driver assistance package included as standard, featuring High Beam Assist, Lane Departure Protection, Blind Spot Display and 3D Surround View Monitoring.
From the Touring Plus level upward, vehicles feature a 7-seat layout alongside additional cabin equipment including power rear side window sunshades, soft-close doors, a heated steering wheel, heated windscreen wipers and heated second-row seating.
Lawrence Hamilton, President of Europe, Lucid, said, “The updated Lucid Gravity lineup gives European customers a clearer way to choose the SUV that best fits their needs. With more technology, comfort and convenience features included as standard across the range, Gravity offers an even stronger combination of space, performance, efficiency and advanced technology.”
The entry-level Gravity Touring features an 89 kWh battery pack, delivering an output of 418 kW and a WLTP combined range of up to 545 kilometres. Pricing in Germany starts at EUR 94,900, with monthly leasing rates beginning at EUR 949 including VAT. The Gravity Touring Plus incorporates the seven-seat configuration and interior features, starting at EUR 99,900 in Germany or EUR 999 per month on lease.
The higher-specification Gravity Grand Touring utilises a 123 kWh battery, producing 617 kW to achieve a claimed zero-to-100 kmph acceleration time of 3.6 seconds and a WLTP range of up to 739 kilometres. This trim includes massage seating, 230V power package and faster charging capabilities. Prices in Germany start at EUR 119,900, with leasing from EUR 1,199 per month.
At the top of the range, the Gravity Grand Touring Ultimate incorporates the DreamDrive 2 Pro suite, air suspension, rear-wheel steering, a 22-speaker audio system, and leather upholstery, starting at EUR 147,500 or EUR 1,475 per month on lease. Orders for all four variants have opened, with customer deliveries across European markets scheduled to begin in autumn 2026.
ChargeZone And Fresh Bus Partner To Deploy 400 Electric Buses
- By MT Bureau
- August 18, 2026
EV charging network ChargeZone and inter-city bus operator Fresh Bus have announced an expansion of their commercial partnership. As per the agreement, Fresh Bus will deploy 400 additional electric buses operating on ChargeZone's charging infrastructure.
The expansion increases the fleet supported by ChargeZone infrastructure from 100 to 500 buses. The operations will cover 20 cities and 17 towns across Tamil Nadu, Karnataka, Andhra Pradesh and Telangana over the next 15 months.
To support the fleet, ChargeZone will add 30 MW of charging capacity to its existing 10 MW dedicated infrastructure for Fresh Bus, bringing total capacity for the operator to 40 MW.
The installation forms part of ChargeZone’s target to add 200 MW of capacity across its network. The expanded operations are projected to supply 100 million units of energy annually and accommodate over 20,000 daily passenger trips.
Kartikey Hariyani, Founder and Chief Executive Officer, ChargeZone, said, "India's EV transition will not be driven by personal vehicles alone. Commercial mobility, particularly intercity public transport, can play a critical role in taking electrification to scale because these vehicles operate frequently, travel longer distances and depend on predictable infrastructure. Our partnership with Fresh Bus has shown that when charging capacity, uptime and energy availability are built around the needs of fleet operations, operators can scale electric mobility with greater confidence. This expansion is about taking that proven model to more routes and demonstrating how charging infrastructure can enable intercity public transport to electrify at scale."
Sudhakar Reddy, Founder, Fresh Bus, said, “When we started Fresh Bus, the biggest question wasn't whether passengers would choose electric intercity travel, it was whether the charging infrastructure could keep pace with a growing fleet running every day, across every corridor. Our partnership with ChargeZone has answered that question. The reliability of their network is what has allowed us to move from proving the model to scaling it with confidence. Expanding to 500 buses and 40 MW of dedicated charging capacity is not just a fleet decision, it's a statement that electric intercity travel can be dependable, affordable, and ready for the passengers. This is what public electric mobility in India should look like: comfortable for the commuter, sustainable for the planet, and built to scale.”
VinFast Details Autonomous Strategy And Global Expansion Plans
- By MT Bureau
- August 18, 2026
Vietnamese electric vehicle manufacturer VinFast recently outlined its driver-assistance technology roadmap, global supply chain strategy and financial targets during the Bloomberg Sustainable Business Summit.
Speaking at the event, Anne Pham, Head of International Capital Development at parent company Vingroup, detailed the automaker's phased approach to vehicle autonomy. VinFast's current vehicle lineup operates at Level 2 Advanced Driver Assistance Systems (ADAS), providing functions such as adaptive cruise control and lane-centering. The company plans to transition to Level 2+ and Level 2++ capabilities in upcoming vehicle generations, extending automated assistance features while maintaining driver supervision. Each phase of the software rollout will rely on real-world data validation prior to deployment.
Addressing international operations and supply chain management, Pham highlighted the company's regional manufacturing expansion outside Vietnam, including facilities built in India and Indonesia to serve as production and export bases.
“We have taken several steps to ensure that we are investing for the future,” said Pham.
Regarding trade dynamics and international market presence, Pham confirmed that the manufacturer's operational plans for North America remain active.
Pham said, “VinFast currently has sales in various parts of the world, including North America and the United States. Our U.S. sales plans remain on course.”
Commentary on global market conditions focused on energy sector fluctuations and regulatory policies as drivers for electric vehicle adoption rates.
Pham averred, “The transition to EVs has benefited not only from regulatory support around the world, but also from market volatility.”
On financial performance metrics and profitability targets, Pham indicated that the automaker expects its domestic operations to achieve profitability within three years.
Pham concluded, “We are on track to break even in Vietnam by 2027.”

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