Page 102 - Electric Vehicles

Delhi govt plans to allow only electric two-wheelers to ply as bike taxis

The aggregator policy being finalised by the Delhi government proposes to allow only electric two-wheelers to ply as bike taxis, officials said on Tuesday. The aggregator policy for two-, three- and four-wheelers is in its final stages and will be rolled out soon, Transport Minister Kailash Gahlot said on Monday. A senior official said, "The aggregator policy, which is being finalised, plans to bring in norms to regularise these vehicles. The policy will make it mandatory for aggregators to on-board electric two-wheelers and encourage sustainable transportation, which is our focus. "The policy should be finalised soon but of course there will be a long route ahead." The Delhi government's Transport department has launched a crackdown against two-wheelers with private registration marks being used for commercial purposes. In a public notice, the department has cautioned bike taxis against plying in Delhi and warned that violations would make aggregators liable for a fine of up to R

EV charging revenue likely to exceed $300 bn globally by 2027

The global electric vehicle (EV) charging revenue is likely to exceed $300 billion by 2027, up from $66 billion in 2023, a report showed on Tuesday.

Tata Motors bags India's largest electric vehicle fleet order from Uber

To deliver 25,000 XPRES-T EVs in a phased manner

5,500 km highways to be turned into e-ways via public-private partnership

The National Highways for Electric Vehicles will have 111 stations across 23 cities in project under annuity hybrid e-mobility model

SAS' capex need is much lower than our traditional business: Motherson

SAMIL announced it is buying SAS Autosystemtechnik (SAS), which manufactures automobile cockpit modules, from French company Faurecia at an enterprise value of Rs 4,790 crore

Uber to introduce EVs in India for ride-sharing in push to clean cars

Uber has set a 2040 target for 100% of its rides to be in zero-emission vehicles, public transport or with micro-mobility, including in India

Ola Electric plans to build world's largest EV hub in India for Rs 7,610 cr

The hub, spanning 2,000 acres (809 hectares) in the southern Indian state of Tamil Nadu, will be used for manufacturing electric two-wheelers, cars and battery cells

Tata Motors to supply 25,000 XPREST electric vehicle units to Uber

Tata Motors on Monday said it will supply 25,000 XPREST electric vehicle units to Uber in one of the largest deals in the green mobility space till date. As per a memorandum of understanding inked between the two entities, Uber will utilise the electric sedans in its premium category service, the companies said in a joint statement. The electric fleet would be operational across Delhi NCR, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru and Ahmedabad, it added. The Mumbai-based automaker will begin the deliveries of the cars to Uber fleet partners in a phased manner, starting this month. The companies did not provide the financial details of the deal. The price of a single unit of XPREST starts from Rs 13.04 lakh (ex-showroom Delhi). A single unit of X-Pres-T (ex-showroom), with a range of 315 km, is priced at Rs 14.98 lakh and entails a FAME subsidy of Rs 2.6 lakh. "In line with our commitment to grow sustainable mobility in the country, we are delighted to partner with Uber, In

EV manufacturer Greaves Electric eyes first annual net profit in FY25

Company likely to see net losses for FY23 & FY24

Hero plans to expand electric two-wheeler range over next 12-18 months

The country's largest two-wheeler maker Hero MotoCorp plans to expand its electric two-wheeler range over the next 18-24 months as it looks to cater to demand across multiple customer segments, according to a senior company official. The company, which has already commenced sales of its electric scooter under Vida brand across Delhi, Bengaluru and Jaipur, plans to introduce the existing range in other cities as well in the next fiscal before it starts to roll out the new products. "With the launch in the three cities -- Delhi, Bengaluru and Jaipur -- where the customers are really taking up to the product and the overall sales and pre-sales experience...we are really ready to now multiply into many cities going into FY24 to establish ourselves wider into the market," Hero MotoCorp Head - Emerging Mobility Business Unit (EMBU)- Swadesh Srivastava said during an analyst call. Hero MotoCorp had launched VIDA V1 electric scooter in October last year in two variants Pro and Plus. The ..

Samvardhana Motherson to buy SAS from Faurecia for Rs 4,790 crore

EV business constitutes almost half of the total net revenues of SAS. It manufactures cockpit modules and other components for EVs of European companies such as Volkswagen, Skoda, Mercedes, Porsche

Ban on non-electric 2-wheeler registration in Chandigarh put buyers in fix

Hundreds of customers are in a fix due to the Chandigarh administration's policy of stopping registration of petrol-powered two-wheelers for the rest of the 2022-23 fiscal, according to sources. As per the notice by the Registration and Licensing Authority (RLA), the registration of ICE (internal combustion engine) two-wheelers in the city has been stopped since February 10 for this fiscal ending March. According to industry sources, people who have bought two-wheelers are now unable to get their High-Security Number Plates (HSRP) and physical RC copies, and use their new vehicles as dealers are not able to complete the registration process on the Vahan portal. A dealer on the condition of anonymity said, "Such a rule is arbitrary and takes the choice out of the customer's hands. People who have already bought their 2-wheelers or are about to buy are now stuck. Two-wheelers are a source of livelihood for many of those people. "The policy is drafted without considering practical ...

Ola to invest Rs 7,614 cr in TN to make electric cars, lithium-ion cells

On Saturday, Ola Electric Mobility signed the deal through its subsidiary companies Ola Cell Technologies (OCT) and Ola Electric Technologies (OET)

Delhi, Maha, Haryana, UP have most comprehensive EV policies: Report

Delhi, Maharashtra, Haryana, and Uttar Pradesh have the most comprehensive electric vehicle policies with the widest range of parameters, including budget allocations, charging infrastructure and job creation, according to a new study. The study by Climate Trends, 'Analysis Of State Electric Vehicle Policies And Their Impact', assesses the comprehensiveness of EV policies of 26 states and Union territories based on 21 parameters. Arunachal Pradesh, Manipur, Himachal Pradesh, Ladakh, Kerala, and Uttarakhand offer between three to seven of the 21 defined parameters in their policies, making them the least comprehensive, it said. Of the 26 states and UTs which have released EV policies over the last five years, 16 of them have been released between 2020 and 2022, it said. None of the eight states -- Andhra Pradesh, Bihar, Karnataka, Kerala, Madhya Pradesh, Tamil Nadu, Telangana and Delhi -- that released their policies before October 2020 are on track to meet their targets of EV ...

Indian electric scooter maker Ather installs over 1000 fast-charging units

The Ather Grid App allows scooter owners to locate and check the availability of the nearest charging stations in real-time

Ather Energy aims to install 2,500 charging stations by this year-end

Electric two-wheeler maker Ather Energy on Thursday said it plans to install over 2,500 charging stations by this year-end to facilitate a hassle-free transition to EVs. The company has already installed over 1,000 fast charging stations across 80 cities in the country. The Ather Grid (charging station) is today the biggest fast-charging network for two-wheeler EVs in the country with 60 per cent of current installations in Tier-II and Tier-III cities, the Bengaluru-based company said in a statement. "A robust charging infrastructure is one of the major drivers in accelerating faster adoption of electric vehicles. As a brand focused on building a vibrant EV ecosystem, we have made strong investments in building what is already India's largest public fast-charging network," Ather Energy Chief Business Officer Ravneet Phokela said. The company is accelerating its scale up, and also adding Neighbourhood Charging - a charging solution focused on semi-private spaces such as apartment ..

Ford stops production, halts shipment of electric F-150 after battery fire

Ford Motor Co. has suspended production and halted shipments of the F-150 Lightning electric pickup after a battery caught fire during a pre-delivery quality check. Production at Ford's Rouge Electric Vehicle Center in Dearborn, Michigan, has been stopped until at least the end of next week. The automaker said in a statement Wednesday night it has no reason to believe electric pickups already in use by customers are affected by the battery issue. By the end of next week, we expect to conclude our investigation and apply what we learn to the truck's battery production processes, Ford spokeswoman Emma Berg said in the statement. This could take a few weeks. The fire happened at an outdoor lot nearby in Dearborn where vehicles are held for quality checks. The truck with the battery problem and two nearby vehicles were damaged by the fire, Berg said. No injuries were reported. The company believes it has identified the root cause of the battery problem, including the likely population

Mufin raises $7 million in green bond from Symbiotics Investments

Electric vehicle financing firm Mufin said on Wednesday it has raised USD 7 million (around Rs 58 crore) in green bond from Symbiotics Investments. With the issuance of this green bond, the company plans to strengthen its retail EV portfolio for two- and three-wheelers (mainly electric-rickshaw and electric three-wheeler vehicles) across the country, Mufin said in a statement on Wednesday. The bond forms part of the USD 75-million green basket bond programme structured by Symbiotics Investments in partnership with British International Investment (BII). Mufin said it has set a goal to initially connect with 5,000 consumers and then increase its reach to surpass 1,00,000 by expanding this partnership. "Mufin has received green bonds from Symbiotics Investments that will help us achieve our green financing goals. With the acquired funds, we strive to remove the roadblocks for e-rickshaw drivers, sellers and dealers to shift to electric vehicles," said Kapil Garg, founder of Mufin Gre

Electric vehicle manufacturer EKA Mobility bags order of 310 electric buses

With this order, EKA Mobility's order book has grown significantly, with more than 500 electric buses and over 5,000 electric light commercial vehicle orders in the pipeline

EU formally bans gas, diesel car sales from 2035 to boost EV transition

In a move to boost the transition to electric vehicles (EVs), the European Parliament has approved the law to ban the sale of new gas and diesel cars in the EU, starting in 2035.