Page 26 - Electric Vehicles In India

Not worried about being late in launching e-scooter: Yamaha India Chairman

Eishin Chihana tells Business Standard that his company wants to ensure quality and safety first

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal

Plans to roll out electric two-wheelers in every segment in the next 12 months

IIT Madras launches electric racing car; mulls driverless vehicle by 2025

The racing car will be featured at student-led formula championships like Formula Bharat in India in January and Formula Student Germany next August

Toyota launches second hybrid vehicle in India amid green car push

Green investors have criticised the world's largest carmaker by sales for slowness in moving its product line-up to all-electric, battery electric vehicles

Pravaig launches electric SUV Defy at Rs 39.5 lakh; deliveries next year

Electric mobility startup Pravaig Dynamics on Friday launched a sports utility vehicle Defy, tagged at Rs 39.5 lakh (ex-showroom) to compete with the likes of Audi e-tron and Mercedes Benz EQC . The Bengaluru-based company has commenced the bookings of the model and deliveries are expected to begin from the third quarter of next year. The company aims to produce 10 lakh units by 2028 and cater to both domestic and international markets. "At the beginning we will try to address the domestic market and will look at exports in 2024," Pravaig Chief Strategy Officer Ram Divedi told PTI in an interaction here. In the long run 70 per cent of the production would go into the overseas markets, he added. Divedi said Defy is more affordable to own than other competing products in the market. The SUV comes with a driving range of around 500 km and 402 BHP power, he added. Pravaig, which has a manufacturing plant in Bengaluru, plans to commence production with a few thousand units and scale

EV company Motovolt Mobility raises Rs 16 cr in per-series A funding

The funds raised will primarily be used for new product introduction, marketing initiatives, and growing Motovolt's presence through more retail points pan India

Ultraviolette unveils India-made F77 electric motorcycle for Rs 3.8 lakh

Company says bike has the most advanced battery pack in the industry

Ather Energy takes on Ola, Okinawa, opens second manufacturing facility

Firm is in also in talks with various state govts to set up a third plant, which when completed, is likely to have a capacity of a million units a year

Ather Energy may venture into making electric motorcycles: Co-founder

'It took us a long time because we started at a time when nobody even believed that electric vehicles would become possible. It was an uphill battle for us'

iVOOMi introduces new variants of electric 2-wheeler with increased speed

EV company iVOOMi Energy has introduced new variants of e-scooters for its model S1 with increased speed for consumers in India

EV company Ather Energy lines up aggressive expansion plan in Tamil Nadu

Electric two-wheeler maker Ather Energy on Sunday said it has drawn up plans to set up 150 fast-charging grids in Tamil Nadu by the end of the current financial year. The company recently inaugurated its first experience centre in Salem under its move to expand retail footprint in the state. With the inauguration of the experience centre, Ather Energy has nine retail stores in Tamil Nadu. "There are plans to expand its retail footprint to 15 stores and add 150 fast-charging grids in the state by the end of current financial year," a company statement said here. "Ather Energy has experienced an encouraging response from across the state for its scooters. With a high rate of EV adoption and growing acceptance for high-end electric two wheelers, Tamil Nadu is an important market for Ather Energy," chief business officer Ravneet Singh Phokela said. "We have created an electric vehicle that is efficient, high quality and reliable from the ground up and have invested strategically in the

Make or buy: Electric vehicle makers' supply chain dilemma in India

With China dominating this space, companies have a critical decision to make as the market steadily expands

EV start-up Chargeup raises $7 million in pre-series A1 funding round

The EV market in India is expected to grow aggressively from 2 million to 80 million vehicles by 2030 as per government estimates

Start-ups look to shake up e-car space, refresh form and functions

As of now, Tata Motors Tiago EV priced between Rs 8.49 lakh and Rs 11.79 lakh is the most affordable e-car in India

Top electric vehicle makers rev up projections, see higher sales

Manufacturers say 1.5 million two-wheelers could be sold in FY24

India has potential to become world leader in EV production: Report

India has the potential to become the world leader in electric vehicles production, a research by Berkeley National Laboratory and UCLA said, underlining that making the transition from diesel-fuelled trucks to electric-charged will enable the country to meet the goal of net zero greenhouse gas emissions by 2070. India imports 88 per cent of the oil it uses and of the total petroleum consumed by the country's transport sector, nearly 60 per cent used by freight trucks. A study by the Department of Energy's Lawrence Berkeley National Laboratory (Berkeley Lab) and University of California, Los Angeles (UCLA) on Monday revealed that electric trucks would be more affordable to operate than diesel and India could become a world leader in producing electric vehicles. The transition will also help India reduce its reliance on imported oil, improve the air quality, and meet the goal of net zero greenhouse gas emissions by 2070, the study said. Electric trucks would be instrumental in ...

How the Indian EV scooter market saw consolidation?

The sales of electric two-wheelers saw an impressive 44% jump in October from the previous month. Latest sales data suggests that the Indian EV market is witnessing a consolidation now. Here's more

Retail sales of electric vehicles soar 185% to 111,971 units in Oct: FADA

The overall retail sales of electric vehicles (EVs), including passenger vehicles, in the country surged nearly 185 per cent year-on-year to 1,11,971 units in October, automobile dealers' body FADA said on Wednesday. EV sales stood at 39,329 units in October 2021. The total passenger EV sales rose 178 per cent to 3,745 units in October 2022 as against 1,346 PEVs retailed in the same month a year ago. Electric commercial vehicle sales grew 125.64 per cent to 274 units, as per the data released by the Federation of Automobile Dealers Association of India (FADA). Electric two-wheeler sales in October 2022 stood at 73,169 units as compared to 19,826 units in the same month of 2021, registering a year-on-year growth of 269.06 per cent. Electric three-wheeler sales jumped 92.87 per cent to 34,793 units as against 18,040 units in October 2021.

Qualcomm's venture capital arm planning to pick up stakes in EV startups

The company is also open to mergers and acquisitions in the auto tech space

54% Indians consumers concerned about EV quality, not range: Report

India's EV charging infrastructure is accelerating, with more public EV charging stations coming up