Page 29 - Electric Vehicles In India

HOP Electric to establish 60-acre EV park in Neemrana: CEO Mehta

Company will raise money for the project by taking debt and through equity sale, he says

Delhiites in favour of EV transition for delivery, e-commerce firms: Survey

A new consumer survey shows strong support from Delhi consumers for the proposed aggregator scheme of the city government which requires a time-bound transition to electric vehicles by last-mile delivery and e-commerce companies. The proposed scheme sets an April 30, 2030 deadline for the complete transition of Internal Combustion Engines (ICE) to electric vehicles (EV) among e-commerce, delivery and transport logistics service providers. Commissioned by the Sustainable Mobility Network and conducted by CMSR Consultants, the survey shows that 80 per cent of the 1,508 respondents in Delhi attributed last-mile delivery vehicles as one of the reasons for rising air pollution in the city. According to the survey, 95.2 per cent of the respondents agreed that a switch to EVs by delivery companies is important for addressing air pollution issues and mitigating climate change. The survey, conducted through a mix of offline on-ground interviews (70 per cent) and online survey responses (30

EV maker Ather Energy raising up to $250 mn to march past rivals: Report

Electric scooter manufacturer Ather Energy is reportedly raising up to $250 million in a new funding round, as the debate on EV fires appears to be finally settling

M&M to unveil Mahindra XUV 400 EV this week; here's what we know so far

The model, which is basically the electric version of the XUV300 sub-company SUV, was first showcased in 2020 at an Auto Expo

Sharp rise in e-scooter registrations, penetration close to inflexion point

Ather Energy leads with a 4x increase in registrations in August; Hero Electric crosses the 10,000 mark once again, after a gap of over four months

How will EV adoption affect auto component makers?

Transition to EVs is one big step towards turning to non-polluting machines. But how will this transition affect the auto component sector which depends on internal combustion engines? Let us find out

Electric vehicles on Indian roads to touch 50 mn-mark by 2030: KPMG

The total number of electric vehicles on Indian roads is likely to touch 5 crore by 2030, presenting an enormous opportunity for players in the charging ecosystem, according to a report by consultancy firm KPMG. A large increase in electric vehicles (EV) sales is anticipated in India due to favourable factors on demand, supply and regulatory front despite a low penetration level of about 1 per cent currently, KPMG said in its report -- Electric vehicle charging the next big opportunity. According to the report, India's electric mobility story is rapidly evolving, with EVs gradually entering the mainstream, resulting in a three-fold rise in EV sales over the last fiscal year. The growth is currently being led by two-wheeler (2W), three-wheeler (3W), and bus segments. "As of March 2022, the number of EVs on Indian roads had surpassed one million. This number is likely to grow to 45-50 million EVs on road by 2030," it said. This presents an enormous opportunity for players in the EV

Ather Energy plans to open 150 Experience Centres across India by Mar '23

Electric scooter manufacturer Ather Energy has inaugurated its third experience centre in the city as it aims to strengthen its presence in the country, the company said on Tuesday. The new retail outlet was inaugurated on the Old Mahabalipuram Road (popularly known as IT Corridor) and would sell the company's latest flagship products 450X at Rs 1.57 lakh and 450 Plus at Rs 1.35 lakh (ex-showroom) Chennai. Ather Energy has 49 retail outlets in 38 cities. The company plans to expand to 100 cities with 150 Experience Centres by March 2023, a company statement said here. "Tamil Nadu has emerged as a hub of electric vehicle manufacturing in India and Chennai is one of the key markets for Ather in the state," company chief business officer Ravneet S Phokela said. "We are confident that the improved Ather 450X will attract more EV enthusiasts in the city and the new experience centre will help us cater to this rising demand," he said. The new Experience Centre has been launched in ...

E-scooters to hit 5% of two-wheeler mkt in FY23: Greaves Electric Mobility

Greaves Electric Mobility projects that sales of electric scooters will balloon to 700,000 units in FY23 from 250,000 units in FY22

Are hybrid cars a better solution for India than EVs?

Electric vehicles are way more expensive than the traditional combustion engine vehicles. As India tries to meet clean-mobility goals, are low-cost hybrids the solution that Indian car market needs?

Are hybrid cars a better solution for India than EVs?

Electric vehicles are way more expensive than the traditional combustion engine vehicles. As India tries to meet clean-mobility goals, are low-cost hybrids the solution that Indian car market needs?

Are hybrid cars a better solution for India than EVs?

Electric vehicles are way more expensive than the traditional combustion engine vehicles. As India tries to meet clean-mobility goals, are low-cost hybrids the solution that Indian car market needs?

BYD to launch e-SUV in India; here's a list of its most sought-after models

BYD has been selling the E6 MPV in the Indian market since 2021. Since its launch last year, BYD has sold 400 units of the E6

Indian EV market to hit annual sales of 17 mn units by 2030: Report

India's electric vehicle market is expected to expand at a compounded annual growth rate of 49 per cent between 2021-2030, with the segment's volumes set to cross annual sales of 17 million by 2030, a new report said on Tuesday. This projected growth is expected to be driven by factors such as rising fuel prices, entry of new players, advancement in EV technology, continued subsidy support from both the central and state governments as well as anticipated implementation of emission standards, India Energy Storage Alliance (IESA) said in its report. The EV industry in India experienced one of the quickest recoveries from the pandemic-induced slowdown in 2020, the report observed, noting that the electric two-wheeler segment, accounted for 50 per cent of the total over 4.67 lakh EV sales in the domestic market followed by the low-speed e-three-wheelers in 2021. However, other segments also showed notable increase over the course of the year, it stated. The report said that with a ...

With EV policy in focus, Delhi to get 18,000 new charging stations by 2024

Delhi government's Department of Transport released the charging/swapping infrastructure action plan for Delhi 2022-25 on Monday, making the announcement

Firms rev up plans to build massive battery storage capacity to power EVs

The capacities committed will come from companies eligible for PLI as well as other players; the largest capacity currently from a single company would be 20 GWh

Electric hopes

Policy clarity needed for electric cars

TII gears up for EV re-entry; to focus on e-tractors, 3-wheelers, heavy CVs

The group is learning from an unsuccessful foray into e-scooters by focusing on electric tractors, three-wheelers and heavy commercial vehicles

EVs need the spark of regulation in India to accelerate transition: Experts

Mandated battery standards are becoming imperative if India is to accelerate the transition from traditional vehicles

E-scooters and buses steal show at Electric Vehicles Expo in Delhi

Around 100 e-vehicle companies -- both domestic and foreign, showcased their latest pollution-free e-vehicles at the three-day 'EV Expo', that concluded on Sunday, at Pragati Maidan in Delhi.