India Electric Car

As the first wave of electric cars ages, they will enter the resale market, but in the absence of a standardised valuation method, the question is how much they will really be worth

Tata Motors, the leader in the domestic electric passenger vehicle segment, is seeking to regain its market share of 50 per cent in the mid-to-long term through expansion and renewal of its product portfolio, according to a top company official. With the domestic electric passenger vehicle market fragmenting into four distinct segments on the basis of price points, the company will be entering the above Rs 20 lakh category with its upcoming Harrier.ev and Sierra.ev, Tata Motors Passenger Vehicle and Tata Passenger Electric Mobility Managing Director Shailesh Chandra told PTI here in an interview. The company is working to make the total cost of ownership (TCO) of its EVs in the fleet segment comparable to that of CNG vehicles to regain volumes, he added. "We have the aspiration of sustaining our market share beyond 50 per cent in the mid to long term...We would aspire to be at a 50 per cent market share by having a very wide product portfolio and products which are aligned to the ..

Development of the extended range hybrid, under the Firefly brand, stems from suggestions by Nio's main investor, Abu Dhabi investment vehicle CYVN Holdings

He mentioned that the aim is to keep the air taxi service "very affordable," and the lower labor costs (for pilots, maintenance) in India will assist in achieving this goal

The showrooms also provide testimonials from current EV owners who talk about the challenges they have faced and myths about owning an EV

Likely to be driven by increasing penetration in rural areas

Plans to roll out electric two-wheelers in every segment in the next 12 months

Volvo's EV plans are in line with its global strategy of transitioning into a pure electric car company by 2030

Electric vehicles are set to take India by storm. Foreign as well as domestic companies have lined up a host of variants. The stage is set for the electric vehicle revolution in India. Here's more

How can SpiceJet come out of crisis? Is the stage set for an EV boom in India? How 'Boycott Bollywood' has hit PVR, Inox Leisure's stocks? What is a reserve currency? All answers here

The companies have unveiled an electric three-wheeler that rapid charges from 0-100 per cent battery capacity within 15 minutes at Exponent's e-pump network

Electric passenger vehicles could comprise 30 per cent and 75 per cent of new vehicle sales in India by 2030 and 2050, respectively, according to a study released on Wednesday

The SoftBank-backed company expects to turn cash-flow positive in three quarters and highlighted that it has more than 60,000 scooters on the road, according to a Kotak Institutional equities report

Murugappa Group will also manufacture electric tractors this year through subsidiary

The premium EV model by Kia will be in the league of Volvo XC40 Recharge and Hyundai Ioniq 5, say reports

A discount of about 15% and 7.5% on the premium has been allowed for electric and hybrid electric vehicles, respectively

Electric vehicle makers and service providers are grappling with the question of whether swappable or integrated batteries should drive the electric future

While improvements in mileage and battery capacity have been made and are ongoing, issues of high price points and availability of charging infrastructure are also being addressed

Stating that India is still not equipped with the ecosytstem for EVs, Renault India CEO and MD Venkatram Mamillapalle said launching EVs now and "having the cars in the garages makes no sense"

Evolution of successful business models in electric mobility, as electric vehicles gain ground and BS VI norms for internal combustion vehicles come into place, will separate men from boys in sector