Elon Musk is set to visit India and meet PM Modi. With the likelihood of a Tesla plant coming up in India, which are the EV makers they will compete with? Here is a list
Once there are more fully trained EV technicians, repair rather than replace becomes a more viable proposition, an expert said
Commerce Minister Wang Wentao made the remarks at a roundtable meeting of Chinese firms in Paris, where he is set to discuss China's exports of EVs into the European market among other things
Vietnamese automaker VinFast recently broke ground on an EV manufacturing facility in India's southern state of Tamil Nadu
The US EV firm had demanded tariff cuts, concessions as a prerequisite for investment
Last month, India announced lowering import taxes on certain electric vehicles produced by carmakers who commit to invest at least $500 million and start domestic manufacturing within 3 years
In one of many novel discoveries uncovered by scientists in the alternative-energy field, researchers in Japan have found a way to boost efficiency and trim costs. Their secret is caffeine
Penetration likely to remain lower than global average
As of Thursday, registrations of electric two-wheeler vehicles have already surpassed 100,031 - an increase of over 25 per cent compared to the previous month
Companies likely to lose Rs 20k per vehicle if they are not registered on time and subsidy not granted
Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor Show. Companies like BYD, XPeng and Great Wall Motors are quickly growing their sales in Thailand, challenging longstanding market leaders like Toyota, Isuzu and Ford, as they expand exports across the globe. And Thailand, one of the biggest markets in Southeast Asia, a region of more than 600 million people, has made developing its EV market a priority. Tesla launched sales in late 2022, offering its popular Model 3 and Model Y at prices aimed at competing with rivals like China's BYD. BYD, or Build Your Dreams, displayed a wide range of its EV lineup, including its Dolphin, a pure EV that it says runs 490 kilometers (about 300 miles) on a single charge and is priced at 859,999 Thai baht (USD 23,700). At the higher end of the spectrum is the Seal, promising 580 kilometers (about 360 miles) on a charge and costing nearly 1.6 .
The Indian auto industry is gearing up to roll out an array of electric vehicle models over the next few years amid a renewed push by the government to encourage environment-friendly mobility solutions with the unveiling of a new policy. Mass market players like Maruti Suzuki, Hyundai, Mahindra & Mahindra and Tata Motors are lining up new models to cater to the demand across segments. Mahindra & Mahindra CEO Automotive Sector Nalinikanth Gollagunta told PTI that starting January 2025, the company will be rolling out five new battery electric vehicles in the coming years. "These electric SUVs will be built on Mahindra's innovative INGLO platform and aim to cater to a variety of consumers through their diverse range. The launch of these SUVs is part of Mahindra's broader strategy to lead in the electric vehicle sector, and we expect 20-30 per cent of our portfolio to be electric by 2027," he noted. Maruti Suzuki India Executive Officer (Corporate Affairs) Rahul Bharti said the ..
He points out, moreover, that there are two clearly different markets in the semiconductor sweepstakes
'The percentage of stake we hold is not as important as bringing the highest and best-available technology cars into India', says Sajjan Jindal
The joint venture aims to sell one million units of passenger electric vehicles in India by 2030 when the total market is expected to be 10 million units annually
The E-Luna brand is considered as one of the most affordable electric two-wheelers from an Indian manufacturer, priced between Rs 69,990 and Rs 74,990
Scheme allows EV imports by manufacturers who commit to invest Rs 4,500 cr at 15% custom duty for 3 years
The Delhi Cabinet on Friday approved the extension of Electric Vehicle policy till June this year. All current incentives and subsidies remain intact, and any vehicles purchased from January 1 onwards will be eligible for the benefits under this extension, a Delhi government statement said. The Delhi EV policy has been extended till June 30 or until the notification of Delhi EV policy 2.0, whichever is earlier, it added. The decision to extend the policy was taken in a Cabinet meeting on Friday. Comments and suggestions from various stakeholders are currently being considered for inclusion in the upcoming Delhi EV Policy 2.0, the statement said. Delhi Transport Minister Kailash Gahlot said, "The extension of the Delhi Electric Vehicle Policy underscores our dedication to fostering a sustainable and eco-friendly transport ecosystem in the capital. Under the visionary leadership of Chief Minister Arvind Kejriwal, we are committed to making Delhi a leader in electric mobility at globa
New policy mandates companies to invest a minimum of $500 million in the country and will allow them three years to set up local manufacturing for EVs
Centre introduced Electric Mobility Promotion Scheme (EMPS) as a transitional scheme, which will be in place till June 2024 after FAME-II ends on March 31, 2024