Page 12 - Electric Mobility

Kinetic Green to invest Rs 100 cr in electric two-wheeler project with Aima

Kinetic Green Energy & Power Solutions, which has partnered with Chinese EV major Aima Technology Group to co-design and develop electric two-wheelers for the Indian market, plans to invest around Rs 80-100 crore on the project, which entails three new models this year itself, its founder-CEO Sulajja Firodia Motwani has said. Pune-based Kinetic Green entered the rapidly-growing domestic electric two-wheeler space last year, after establishing its presence in the e-three-wheeler segment, with two scooter models -- Zing and Zoom. The Kinetic group had earlier in the mid-1980s partnered with Japanese auto major Honda Motor to manufacture scooters. "We have aggressive Rs 500 crore investment plans for our electric vehicles business, which includes capacity creation, product development and market penetration, among others, over the next five years. For this particular project (collaboration with Aima), we are looking at investing about Rs 80-100 crore," Motwani told PTI. This ...

CII calls for doing way with ceiling on service fee for EV charging

CII also recommended waiver of GST on end-user for availing charging for EVs

Tube Investments to buy 70% stake in e-tractor co Cellestial for Rs 161 cr

The Murugappa group firm will form separate EV subsidiary, infuse Rs 350 cr

Delhi govt, CESL sign pact for installation of EV charging stations

The charges for usage of location will be paid by CESL to Delhi Transport Corporation (DTC) every month at the rate of one rupee per kWh of energy dispensed

Electric vehicle sales overtake diesel models for first time in Europe

Across 18 European markets - including the UK-more than a fifth of vehicles sold were electric

Greaves Electric Mobility sells over 10,000 units in December 2021

The higher growth numbers in December came on the back of Ampere's recent announcement of the launch of the company's EV Mega site

Earth Energy looks to invest Rs 100 crore in two years as EV demand rises

The investment will go into ramping up production, technology and R&D, the company's CEO said

Zypp Electric expects five-fold jump in turnover to Rs 25 crore

Launched in 2017, the Gurugram-based start-up earlier in September this year raised USD 7 million in Series-A funding round

Electrification in last-mile mobility now at inflection point: MEB head

Suman Mishra, CEO, Mahindra Electric Mobility attributes development to Fame II policy, which has turned out to be a game-changer and makes the total cost of ownership neutral for customers

Cars roll on to the electric wagon: Manufacturers announce big plans

An aggressive policy push through centralised and state subsidy schemes has nudged automakers to announce plans to launch affordable EVs

WardWizard Innovations posts 12-fold jump in two-wheeler sales in Nov

Electric vehicle maker WardWizard Innovations and Mobility on Wednesday reported nearly a 12-fold jump in its two-wheeler sales at 3,290 units in November, driven by festive season sales and rebound in the business activities. The Vadodara-based company, which markets its electric two-wheelers under the 'Jpy e-bike' brand, had sold 255 vehicles in November 2020, according to a release. Continuing with yet another strong sales momentum, WardWizard Innovation &Mobility Ltd sold 3,290 e- scooters and motorcycle units in November, the company said. The massive sales led to a 1,190 per cent growth compared to November 2020 sales of 255 units, it said. The low-speed models of the company have further observed good traction in both urban and semi-urban centres, the EV maker said, adding, already, 13,516 units are sold in the April-November period of the fiscal, clocking a 590 per cent compared to the same period of last year, it stated. The total sales in the first eight months of the

Shakti Pumps makes foray into manufacturing of motors, chargers for EVs

Shakti Pumps India manufactures and supplies solar pumps and motorised pumps

Omega Seiki partners Europ Assistance to offer roadside assistance

The roadside assistance programme will include a host of facilities, including repair on spots and towing assistance after breakdown

Bharat Forge arm hikes stake in electric two-wheeler maker Tork

The EV maker had a turnover of Rs 4.3 crore in 2020-21

GM exploring electric boats, buys 25% stake in engine maker

The Detroit automaker said Monday that it bought the stake in Pure Watercraft

Darwin Platform group forays into e-mobility space; launches 3 e-scooters

Darwin Platform Group of Companies (DPGC) on Monday announced its foray into the electric mobility space with plans to invest nearly Rs 450 crore on product development. As part of the initiative, the group's EV venture Darwin EVAT launched three electric scooters -- D-5, D- 7 and D-14 -- priced at Rs 68,000, Rs 73,000 and Rs 77,000, respectively. "Global automotive industry is in a transition phase and shifting towards electric mobility and in India, this transition has started to pick up pace. Darwin EVAT aims to contribute more to this electric revolution," DPGC Group CEO Raja Roy Choudhury said in a statement. Commenting on the group's plans for the EV venture, DPGC Director & Head Automobile Business Saurabh Mohan Saxena said, "The company and group would initially invest nearly Rs 450 crore in this transformation and is taking a comprehensive approach, ranging from research and development to production of green vehicles, which also includes strategic collaborations and ...

Bounce Infinity to be launched on December 2: Check details here

The company also said that it is looking to set up another plant, in South India, considering the potential of the domestic market

Bangalore-based EV technology provider Altigreen partners with SpareIt

SpareIt has a network of over 6,000 connected garages across cities

Electric Mobility to Generate Employment Opportunities in India

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Boom Motors forays into EV space; rolls out Boom Corbett at Rs 89,999

The bike features a 2.3 kWh- which can optionally be doubled to 4.6 kWh - giving the vehicle a best-in-class range of up to 200 kms