Page 8 - Electric Mobility

Why is Tesla so confused about Indian market? Challenges and opportunities

Top Tesla officials are visiting India this week to speak with government officials and discuss local sourcing of parts and other issues

Auto parts firm Pricol moves CCI over Minda plan to buy 24.5% stake

Battle between the two firms began this February when Minda Corp bought 15.7% in Pricol for Rs 400 crore in the open market. Early this month, Minda sought CCI nod to buy 24.5% more in Pricol

Rana Group signs Sourav Ganguly as its new brand ambassador, details here

According to the data, the conglomerate likewise launched an electric three-wheeler for the L5 section alongside an appointment

Rana Group to invest Rs 1,900 cr in electric vehicle business in phases

The group announced the opening of 101 showrooms pan India and started billing electric three-wheelers to end customers

SMEV welcomes MHI's efforts to sort out pending issues with OEMs

The permissible imports should have been much higher to start with, say 70%: SMEV

Mahindra and Mahindra gears up for EV play, niche e-farm products

M&M aims to make 200,000 EVs a year around 2027

Simple Energy to launch maiden e-scooter in May, quiet on delivery schedule

Electric two-wheeler maker Simple Energy on Wednesday said it will commercially launch its maiden e-scooter Simple One next month but remained quiet on its delivery schedule. The Bengaluru-based EV startup has in the past come out with various delivery schedules. In October last year, the company had announced deferring deliveries of its maiden scooter to the March quarter. "With the launch (of Simple One) scheduled for May 23 in Bengaluru, the company will strive to disrupt the burgeoning electric 2-wheeler market in India," Simple Energy said in a statement. It, however, did not specify when the customers would receive the e-scooter, whose booking commenced from August 15, 2021, when it unveiled the vehicle some 20 months ago with a much fanfare.

Honda's EV roadmap: Dedicated factory, first two e-scooter models in a year

Capacity of plant in Karnataka would be ramped up in phases to produce one million units by 2030

Intend to take decisive steps through launch of Comet: MD, MG Motor India

MG Motor India on Thursday said it has christened its upcoming electric vehicle as Comet. The name derives inspiration from the iconic 1934 British airplane which participated in the England-Australia MacRobertson Air Race, the automaker said in a statement. Urban mobility is at a point of inflexion where new age solutions are needed to address both the current as well the forthcoming challenges," MG Motor India President and Managing Director Rajeev Chaba said. As the industry moves further into the digital age, there will be an exceedingly large number of innovations that could range from futuristic technologies to unique designs to clean mobility and many others, he added. "We at MG, through 'Comet', intend to take the needed decisive steps and a 'leap of faith' in the direction of creating solutions for a better future for each one of us," Chaba said.

Maruti will have six EVs by 2030, working to bring down battery costs

Senior exec says cost of acquisition is a key factor impeding EV adoption in India

Plan to invest in climate, electric mobility in India: Lightspeed's Taneja

At a time when large investors have reduced their investments in India as the funding winter persists, venture capital firm Lightspeed is betting big on the country

FAME investigations: Subsidy crunch hurting electric two-wheeler makers

Given the development, industry insiders say that the 1-million-unit target this fiscal year may not be achieved

Tesla to open its 7,500 charging stations in US to other EVs by 2024

The Biden administration has revealed new initiatives to install 5,00,000 electric vehicle chargers on US roads by 2030 under its $7.5 billion plan

FAME: Electric 2-wheeler manufacturers deny allegations of non-compliance

Allegations have been made that the manufacturers are availing subsidy benefits without complying with the localisation requirements

Ola launches its new e-scooter S1 Air, prices starting at Rs 84,999

EV manufacturer Ola Electric on Thursday launched its much-anticipated Ola S1 Air e-scooter, which comes available in three variants at a starting price of Rs 84,999

EV startup Zypp Electric nabs $25M to hit 30 Indian cities by 2025

EV-as-a-service platform Zypp Electric on Wednesday announced raising funds of USD 25-million under series B funding from a clutch of investors, led by Gogoro. The round is a mix of equity and debt funding, with the USD 20-million equity round and USD 5-million debt for fleet expansion from global impact fund IIX along with a large national bank participating the same, the company said. This is also the first time global impact funds and Indian banks are participating in EV debt for any fleet operator or startup in the country, it added. Besides Gogoro, the latest funding round also witnessed participation from new and existing investors like Goodyear Ventures, 9Unicorns, WFC, Venture Catalysts, LetsVenture, IAN, Ivygrowth, Grip & other angels. In November last year, Gogoro and Zypp formed a strategic B2B partnership to accelerate the electric transformation of fleets and last mile deliveries in India. Under the pilot project, Zypp and Gogoro are deploying 100 ...

Top players showcase next gen EV models at Hyderabad e-motor show

Top automotive players are showcasing their next gen electric vehicle models at the inaugural Hyderabad E-Motor Show, which began here on Wednesday

Telangana will play pivotal role in India's e-mobility transition: KTR

Telangana is committed to providing an impetus to electric vehicle adoption and aims to play a pivotal role in India's transition to electric mobility, state Minister for IT, Industries and Commerce K T Rama Rao said on Wednesday. Speaking after launching the first edition of the Hyderabad E-Motor Show as part of the ongoing Hyderabad E-Mobility Week, Rama Rao said Telangana has been a front-runner in adopting sustainability and clean energy, while we remain focused on making India self-reliant." "With our progressive EV adoption policy, and our ability to provide 24x7 electricity, we aim to become the most 'electrified state' in mobility in India," Rama Rao said, according to an official release. "We strongly believe India is well equipped to develop as a hub for manufacturing of electric vehicles and its supply chain," he said. KTR, as Rama Rao is popularly known, said Telangana is pursuing a comprehensive strategy to bring manufacturing of various components of the ecosystem suc

Electric passenger vehicles retail sales decline by 10.51% in Jan

Electric passenger vehicles retail sales declined by 10.51 per cent sequentially to 3,346 units in January 2023 over 3,739 vehicles sold in December last year, according to automobiles body FADA. Tata Motors's electric PV sales were down 17 per cent at 2,426 vehicles in January as against 2,926 units delivered in December 2022. MG Motor sales volume also dropped 12.55 per cent to 425 units against 486 units sold in the month earlier. BYD India reported 164 per cent growth in ePV volumes at 132 vehicles in January 2023 as compared to 50 vehicles retailed in December last year while BMW India sales stood 123 cars against 29 units in December 2022, according to FADA. Hyundai Motor India ePV sales were recorded at 111 units in the previous month over 91 units retailed in December 2022. The electric CV sales was recorded 23 per cent lower at 131 units over 170 units in December last year, as per FADA data. The e-three wheelers sale also dropped 3 per cent sequentially at 32911 vehicle

Sunlit Power partners with Lucas TVS for supply of 50,000 EVs to industries

Storage battery maker and distributor Sunlit Power has collaborated with Lucas TVS under which it will supply 50,000 electric vehicle motors and controllers manufactured by TVS group company to various industries, a release said on Monday. It will include motors with 1kw-15kw capacity for various applications including those for two-wheelers, high-speed passenger autos, and pick-up vans, Sunlit Power, which manufactures ARENQ brand of batteries, said in a statement. The three-year partnership with the automotive electrical component maker will also help the company extend its sales and marketing services to facilitate the distribution of these motors and controllers pan-India, the battery manufacturer said. "This collaboration is a step towards bolstering the EV powertrain industry in India. Our sales and service expertise, combined with Lucas TVS's motor manufacturing expertise, will provide automakers with high-end support. Also, we are looking forward to bolstering the capabiliti