Page 14 - Electric Mobility

Ather Energy raises $35 mn in a funding round led by Sachin Bansal

Hero MotoCorp-backed electric two-wheeler maker Ather Energy said it has raised $35 million in a funding round led by Flipkart co-founder Sachin Bansal's investment of $23 million

Electric shared mobility vehicles to take a backseat: M&M's Pawan Goenka

E-vehicles used in last mile delivery of goods expected to grow at a fast clip

Tata Tech, GKN Automotive set up e-mobility software centre in Bengaluru

Spread over 12,650 sq ft, the unit will leverage Tata's expertise in electric and embedded systems, and its ability to attract talent to work on GKN Automotive's e-drive

Mindspace Business Parks REIT commits to 100% electric mobility by 2030

The company recently raised Rs 4,500 crore in its Real Estate Investment Trust (REIT) public issue.

Tel Aviv to become first city with electric roads that charge public buses

The roads will span from Tel Aviv University Railway station to Klatzkin Terminal in Ramat Aviv, a route of about 1.2 miles

Cheaper electric cars may help oil firms to green their businesses faster

Batteries are expected to only make up only 15% of a vehicle's total costs by 2030, compared with 30% today.

Maruti Suzuki ties up with start-up hub in IIM-B for mobility solutions

The collaboration marks first-of-its kind initiative by an automobile manufacturing company to help early-stage startups become large-scale businesses

Project Lion to clean energy: On I-Day, PM announces plans for environment

He announced the government's big plans for Ladakh, which became a union territory in 2019

Buses, non-personal passenger cars to adopt electric mobility next: Report

India's first wave of electric mobility adoption has penetrated the two- and three-wheeler segments with a variety of new products

Mobility firm Yulu raises $3.9 mn in equity funding round led by Rocketship

So far, the Bengaluru-based start-up has raised more than $20 million in funding from investors like Bajaj Auto, Blume Ventures, 3one4 Capital, Wavemaker, and now US-based Rocketship, among others

Shared mobility can unclog India's cities

India has a total of over 30 million passenger vehicles

Hero Cycles to invest Rs 250 cr to set up eCycle valley in Punjab

The country's largest bicycle maker Hero Cycles would invest around 250 crore to set up an eCycle valley in Punjab, where it would have an entire ecosystem for manufacturing electric bicycle. The total investment in 100-acre project would be around Rs 600 crore, in which the rest amount of Rs 350 crore would be invested through joint venture partners and ancillary units, said Hero Motors Company Chairman & Managing Pankaj M Munjal in Thursday. Besides, the company aims to have around 10 per cent share of the growing electric bicycle market globally by 2022. According to him, 70 to 80 per cent of the production from the park would be exported and most of them would be shipped to Europe, which is one of the largest electric vehicle markets. "We are building new factories. We have bought 100 acres of land and we are going to set up an eCycle valley. We would have several partnership with companies as from Japan for motors, various suppliers," Munjal added. The company would start the

Despite policy push, EV penetration to remain under 5% till 2025: Report

Rating agency Icra has blamed this to the higher vehicle cost due to costly imported batteries, weak public charging infrastructure

Germany's Bosch warns 'peak car production' may already lie in the past

Bosch is pumping massive investments into electric mobility and autonomous and connected driving

Budget 2020: 'Overregulation' killing auto industry, says Rajiv Bajaj

Bajaj's remarks come against the backdrop of one of the most prolonged slowdowns plaguing India's automobile market, amid a slowing economy and dipping consumer confidence

Piaggio enters EV market, launches electric 3-wheeler at Rs 1.97 lakh

The company has tied up with Chetan Maini-led Sun Mobility for battery and charging infrastructure

Start of aviation's third era? Zero-emission seaplane may soon be a reality

Canada's Harbour Air will test-fly a prototype electric aircraft in December

Ola Electric inducts former Hyundai and Tata Motors exec onto its board

B V R Subbu currently manages a boutique strategy-consulting firm, advising global PE funds. He is also on the boards of various automotive and tech firms

Working strongly on EV charging framework, battery recycling, says NTPC

NTPC had earlier said it has signed pacts with cab aggregators Ola, Lithium, Shuttl, Bikxie, Bounce, Electrie and Zoom Car for creation of public charging infrastructure for electric vehicles.

Scoot, Skip, Jump, Lime and Spin

Time to revisit transportation planning in cities and countries to choose the most environment-friendly, comfortable and safe options