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Page 5 - Electric Cars

Budget wishlist: Mercedes-Benz India expects long-term GST plan on EVs

Currently, all electric vehicles (EVs) benefit from a concessional GST rate of five per cent, while vehicles running on internal combustion engines (ICE) are charged a 28 per cent GST

Budget wishlist: Mercedes-Benz India expects long-term GST plan on EVs
Updated On : 31 Jan 2024 | 11:49 PM IST

Subsidy withdrawal on EVs may lead to stagnated growth: Ather Energy CEO

Withdrawal of government's incentive on sale of electric two-wheelers in April would prompt industry players to work hard and this could result into one or two more years of stagnated growth, Ather Energy's CEO and co-founder Tarun Mehta said on Friday. "The industry is no longer entirely dependent on subsidies for survival but an early discontinuation of the subsidy in April would prompt industry players to tighten their belts and work hard. "Despite this resilience, such a scenario would still result in one or two more years of stagnated growth, pushing the industry further away from its targets," the CEO of the electric two-wheeler firm said in a statement. The central government provides incentives on the sale of two-wheelers, three-wheelers, and four-wheelers under the FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme, which is ending in March this year. In June last year, the central government has already reduced the subsidy amount on electric .

Subsidy withdrawal on EVs may lead to stagnated growth: Ather Energy CEO
Updated On : 19 Jan 2024 | 2:08 PM IST

Tesla is raising worker wages as auto union tries to raise its EV plants

Factory workers at Tesla have been told to expect pay raises this year, a move that comes as the United Auto Workers union tries to organize the electric vehicle maker's U.S. plants. The UAW said Thursday that Tesla workers have told the union about company statements on the raises, which did not give details about the size of the increases. After winning strong contracts with Detroit's three automakers last year, the union has embarked on an effort to organize all nonunion auto plants in the U.S., including Tesla's assembly and battery factories in Texas, California and Nevada. The Tesla raises come after nearly all companies with nonunion auto plants announced worker pay increases shortly after the UAW contracts were ratified. The UAW said its organizing drive will target more than a dozen U.S. plants run by Toyota, Honda, Hyundai, Nissan, Subaru, Mazda, Volkswagen, Mercedes, BMW and Volvo. Tesla also is on the list, along with EV startups Rivian and Lucid. UAW President Shawn F

Tesla is raising worker wages as auto union tries to raise its EV plants
Updated On : 12 Jan 2024 | 9:19 AM IST

The one-in-five achievement

From every fifth car sold this year expected to be electric to the rise of robotrucks, the landscape of sustainable technologies is evolving rapidly

The one-in-five achievement
Updated On : 09 Jan 2024 | 9:47 PM IST

Tesla recalls over 1.6 mn imported vehicles for steering, door issues

Tesla is recalling more than 1.6 million Model S, X, 3 and Y electric vehicles imported to China for problems with their automatic assisted steering functions and door latch controls. China's State Administration for Market Regulation announced the recall on Friday. It said Tesla Motors in Beijing and Shanghai would use remote upgrade technology to fix the problems, so in most cases car owners would not need to visit Tesla service centres to get the upgrades. The recall due to problems with the automatic steering assist function applies to 1.6 million imported Tesla Model S, Model X, Model 3 and Model Ys. When the automatic steering function is engaged, drivers might misuse the combined driving function, increasing a risk of accidents, the notice said. The recall to fix the door unlock logic control for imported Model S and Model X EVs affects 7,538 vehicles made between October 26, 2022 and November 16, 2023. It is needed to prevent door latches from coming open during a ...

Tesla recalls over 1.6 mn imported vehicles for steering, door issues
Updated On : 05 Jan 2024 | 10:34 PM IST

China's Xiaomi unveils first electric car, plans to become top automaker

The sedan, dubbed the SU7, is a highly anticipated model that is expected to make the most of its shared operating system with the company's popular phones

China's Xiaomi unveils first electric car, plans to become top automaker
Updated On : 28 Dec 2023 | 11:27 PM IST

Maruti Suzuki's 2024 launches: Know about new cars, prices, specs, and more

Maruti will also join the EV bandwagon with its first born-electric SUV, the eVX, which is slated to be launched in India towards the end of 2024

Maruti Suzuki's 2024 launches: Know about new cars, prices, specs, and more
Updated On : 15 Dec 2023 | 1:42 PM IST

10,000 fuel stations now offering EV charging facilities across the country

The government has mandated that all petrol pumps set up after 2019 must have one alternate energy supply besides petrol and diesel. The alternate fuel could be CNG, biogas, or EV charging facility

10,000 fuel stations now offering EV charging facilities across the country
Updated On : 08 Dec 2023 | 11:48 AM IST

Humanity on the verge of crossing 5 climate 'tipping points', warns report

An international team of more than 200 researchers identified 26 natural processes or features at risk of being suddenly and irreversibly disrupted by climate change, including ice sheets

Humanity on the verge of crossing 5 climate 'tipping points', warns report
Updated On : 06 Dec 2023 | 7:15 AM IST

Buying insurance for your electric car? Key factors to keep in mind

We explore the essential factors to consider when purchasing insurance for electric and hybrid cars

Buying insurance for your electric car? Key factors to keep in mind
Updated On : 01 Dec 2023 | 8:58 AM IST

Top car loans: Compare interest rates, EMIs and processing fees

Bank of Maharashtra offers a 0.25 per cent interest rate concession for existing housing loan borrowers and corporate salary account holders

Top car loans: Compare interest rates, EMIs and processing fees
Updated On : 24 Nov 2023 | 5:12 PM IST

Tesla driver's family can seek punitive damages over fatal crash: Judge

The judge found the deceased driver's widow presented sufficient evidence of misconduct and negligence that she should be allowed to ask a jury to punish the electric-car maker

Tesla driver's family can seek punitive damages over fatal crash: Judge
Updated On : 22 Nov 2023 | 11:13 AM IST

IGE, Archer Aviation partner to launch electric air taxis in India by 2026

Electric air taxi operations in India are subject to regulatory approvals and clearances, the company said in a statement

IGE, Archer Aviation partner to launch electric air taxis in India by 2026
Updated On : 10 Nov 2023 | 12:40 AM IST

Own an electric car? There is now an add-on cover for your car's batteries

The insurance add-on launched for private cars, covers expenses incurred in the repair/replacement of the batteries and any associated charges due to unexpected power surges while charging

Own an electric car? There is now an add-on cover for your car's batteries
Updated On : 07 Nov 2023 | 11:42 AM IST

Permit only CNG, electric, BS VI vehicles in Delhi-NCR: Rai urges Centre

Delhi Environment Minister Gopal Rai on Saturday urged the Centre to permit only CNG, electric, and BS VI-compliant vehicles in Delhi-NCR to combat vehicular pollution. In a letter to Union Environment Minister Bhupender Yadav, he expressed concerns about the expected deterioration in air quality in the coming days due to Diwali and stubble burning in neighbouring states. "Therefore, an emergency meeting should be convened with NCR states to address the issue," he said. Starting from November 1, only electric, CNG, and BS VI-compliant diesel buses are allowed to operate between Delhi and the cities and towns in Haryana, Uttar Pradesh, and Rajasthan that fall within the National Capital Region (NCR), according to directions issued by the Centre's Commission for Air Quality Management (CAQM). Rai suggested that the Centre should also implement a ban on all vehicles non-compliant with BS VI norms in the entire National Capital Region. Various emission inventory and source apportionme

Permit only CNG, electric, BS VI vehicles in Delhi-NCR: Rai urges Centre
Updated On : 04 Nov 2023 | 1:39 PM IST

TPEM's Avinya series of vehicles will be manufactured at Sanand 2 facility

The Sanand 2 plant would be operational by the fourth quarter of FY24

TPEM's Avinya series of vehicles will be manufactured at Sanand 2 facility
Updated On : 03 Nov 2023 | 6:31 PM IST

Carbon removal isn't just for corporations, individuals pay for it too

There are a number of ways to permanently remove carbon from the atmosphere, ranging from directly capturing CO2 from the air to spreading crushed volcanic rocks

Carbon removal isn't just for corporations, individuals pay for it too
Updated On : 25 Oct 2023 | 5:01 PM IST

This Toyota battery can change the EV game

Japanese automaker Toyota is close to being able to manufacture solid-state batteries at the same pace as existing batteries for electric vehicles, according to a report. Watch the video for the detai

Icon YoutubeThis Toyota battery can change the EV game
Updated On : 23 Oct 2023 | 7:02 PM IST

VinFast Auto earmarks $200 mn for assembly units in India, Indonesia

Vietnam's electric car maker VinFast Auto on Thursday said it is planning to invest up to USD 200 million (nearly Rs 1,665 crore) to set up assembly units in India and Indonesia with production expected to commence by 2026. VinFast, a competitor of American electric carmaker Tesla, "is aiming to access the tremendous potential for increased EV adoption in India and Indonesia where EV penetration is currently only 1 per cent", the company said, citing media reports in its third quarter earnings statement. "The establishment of VinFast facilities in these local markets can provide access to government incentives for local manufacturing, relief from certain tariffs and taxes and access to raw materials at attractive rates," it said. Each CKD (completely knocked down) facility in "Indonesia and India has a planned total capacity of up to 50,000 cars per year and an estimated total capital expenditure of USD 150-200 million in phase 1", the company said, adding, "Production is expected t

VinFast Auto earmarks $200 mn for assembly units in India, Indonesia
Updated On : 05 Oct 2023 | 10:50 PM IST

Trump rails against electric cars in Michigan while GOP challengers debate

As his Republican rivals prepared to gather onstage in California for their second primary debate, Donald Trump was in battleground Michigan Wednesday night working to win over blue-collar voters by lambasting President Joe Biden and his push for electric cars in the midst of an autoworkers' strike. A vote for President Trump means the future of the automobile will be made in America, Trump said at Drake Enterprises, a non-unionized auto parts supplier in Clinton Township, about a half-hour outside Detroit. The Republican front-runner's trip comes a day after Biden became the first sitting president in U.S. history to walk a picket line as he joined United Auto Workers in Detroit. The union is pushing for higher wages, shorter work weeks and assurances from the country's top automakers that new electric vehicle jobs will be unionized. The dueling appearances preview what will likely be a chief dynamic of the 2024 general election, which increasingly looks like a rematch between Trum

Trump rails against electric cars in Michigan while GOP challengers debate
Updated On : 28 Sep 2023 | 9:20 AM IST