CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company signed MoU with Israeli firm-REE automotive to develop electric commercial vehicles?
A
Mahindra
B
Hyundai
C
Suzuki
D
TATA
Explanation: 

Detailed explanation-1: -Mahindra & Mahindra, an Indian automobile manufacturer and a part of Mahindra Group, announced that it signed a Memorandum of Understanding (MoU) with Israel-based REE Automotive to collaborate for the development and production of commercial electric vehicles (EVs) for the global market.

Detailed explanation-2: -Israeli startup EVR Motors has partnered with India’s EKA Mobility, an electric vehicles and technology company, a subsidiary of Pinnacle Industries Limited, to design small, lightweight electric motors for their e-buses and Light Commercial Vehicles (LCVs) in India.

Detailed explanation-3: -Daniel Barel | Chief Executive Officer and Co-Founder - REE Automotive | Forbes Councils.

Detailed explanation-4: -9. Which company produces electric vehicles in India? The top Electric vehicle producers in India are Tata Motors, JBM Auto, Olectra Greentech, Mahindra Electric mobility, Ola Electric Mobility, Ashok Leyland Electric, Hyundai, Hero Electric, Menza Motors, Lohia Auto, Kia Motors, etc.

Detailed explanation-5: -Israel was the first nation in the world to partner with Better Place to build an electric car infrastructure.

There is 1 question to complete.