Page 109 - Electric Vehicles

Tata Motors starts delivery of EV version of mini truck Ace at Rs 9.99 lakh

Tata Motors on Monday kicked off customer deliveries of the electric version of its mini truck 'Ace' with price starting at Rs 9.99 lakh (ex-showroom). Initially, the company will commercially introduce the electric mini truck in ten cities, starting with Delhi, Pune and Mumbai followed by Bengaluru, Hyderabad and Chennai, Tata Motors Executive Director Girish Wagh told reporters here. The first fleet of 25 vehicles of the Ace EV was delivered to e-commerce, FMCG and courier companies, and their logistics service providers, including Amazon, Delhivery, DHL (Express & Supply Chain), FedEx, Flipkart, Johnson & Johnson Consumer Health, MoEVing, Safexpress and Trent Ltd. The homegrown auto major had unveiled the Ace EV in May last year and signed pacts with leading e-commerce players such as Amazon, BigBasket, City Link, DOT, Flipkart, LetsTransport, MoEVing and Yelo EV, to supply the vehicle with orders for 39,000 units at the time of unveiling. Asked about the current order ...

CESL invites bids to lease out 3,500 e-vehicles for period of up to 5 years

State-owned CESL on Monday said it has invited bids to lease out 3,500 electric vehicles for a period of up to 5 years. The bids have been invited from original equipment manufacturers (OEMs)/leasing agencies/NBFCs for leasing the 4-watt battery-based cars to various departments and autonomous bodies across 18 states and Union Territories for a tenure of 3-5 years, the company said in a statement. These states/UTs include Delhi, Maharashtra, Gujarat, Uttar Pradesh, Kerala, West Bengal, Haryana, Assam, Odisha, Rajasthan, Madhya Pradesh, Bihar, Goa, among others. Convergence Energy Services Limited (CESL) will charge a service fee for making available the aggregated demand for cars. "The demand for replacement of fleet is increasing very significantly. I hope that through the design of appropriate structures, we are able to meet that need and involve other stakeholders. We urge OEMs and leasing agencies to participate in this project and together build the ecosystem for a total ...

Home-charging of 2-wheeler EVs may keep public charger demand low

By the year end, Ola Electric will have moved from 50 hyper chargers now to 1,000

Teslas now over 40% cheaper in China as prices cut again amid competition

Tesla already cut prices in China last year to boost sales as competition heats up in both the mass and premium segments

Renault considers building a mass-market electric vehicle in India

Renault is studying launching a made-in-India electric version of its Kwid hatchback, the people told Reuters

CES 2023: US firm ASKA unveils world's first 4-seater flying electric car

The ASKA A5 is the world's first four-seater flying car that can travel by road, and up to 250 miles by air on a single charge

Centre to recover subsidies wrongly claimed under Fame scheme: Report

Ministry of Heavy Industries has already initiated the process to find out the quantum of subsidy claimed without meeting the localisation commitments by EV makers in India

Mercedes to build its own electric vehicle charging network in N America

Mercedes-Benz says it will build its own worldwide electric vehicle charging network starting in North America in a bid to compete with EV sales leader Tesla. The German luxury automaker said at the CES gadget show in Las Vegas on Thursday that it will start building the North American network this year at a total cost of just over 1 billion euros (USD 1.05 billion). When completed in six or seven years, the network will have 400 charging stations with more than 2,500 high-power plugs, the company said. Networks in Europe and China and other markets will follow, with completion of the full network by the end of the decade, when the company intends to sell all electric vehicles depending on market conditions. The full network will have more than 2,000 charging stations and over 10,000 plugs worldwide, Ola Kllenius, chairman of Mercedes-Benz's management board, told reporters. The company said the Mercedes-branded network will be open to owners of all electric vehicles, but Mercedes

Energy transition in numbers

It is a mixed bag for clean tech in 2023. The number of charging stations and solar installations are set to rise, but higher battery prices could delay EV adoption

Carmakers may end up paying penalties for missing emissions targets: Report

CAFE scores are designed to encourage carmakers to focus on technologies that reduce CO2 emissions

Sony, Honda unveil their joint electric vehicle brand 'Afeela' at CES 2023

The new car will be sold first in the US in 2026 and pre-orders are said to open in 2025, reports The Verge

Three South Korean EV battery maker's global market sinks in 2022

The market portion of LG Energy Solution fell to 12.3 percent from 19.6 percent during the period, with its global ranking dropping to third place from second

Nvidia, Foxconn join hands to build automated EV platforms at CES 2023

Under the agreement, Foxconn will be a tier-one manufacturer, producing electronic control units (ECUs) based on Nvidia DRIVE Orin for the global automotive market

South Korea fines Tesla $2.2 million for EV range exaggeration: Report

The driving range of the American EV manufacturer's cars plunge in cold weather by up to 50.5% versus how they are advertised online, the KFTC said in a statement on Tuesday

Electric scooter maker WardWizard Innovations and Mobility's sales doubled

Electric two-wheeler maker WardWizard Innovations and Mobility Ltd on Tuesday reported an over two-fold increase in sales at 43,914 units in 2022. The company, which sells e-two-wheelers under the 'Joy e-bike' brand, had sold 18,963 electric two-wheelers in 2021, it said in a statement. In December 2022, the company said its sales were at 5,400 units as against 3,860 units in the year-ago month, a growth of 39.89 per cent. "The calendar year 2022 has been an important year in which the company achieved new sales milestones, entered into new segments and expanded its presence across global markets," WardWizard Innovations & Mobility Chairman & Managing Director Yatin Gupte said. As the adoption of electric mobility is increasing, he said, "We are expecting new opportunities in the industry; overcome previous challenges, and observe strong growth momentum.

SMEV seeks extension of subsidies for EVs under FAME-II in Budget

Society of Manufacturers of Electric Vehicles on Tuesday sought extension of subsidies for EVs under the FAME II scheme and also include light to heavy commercial vehicles in it to promote electric mobility. In its pre-Budget recommendations, the industry body also called for a uniform 5 per cent GST on spare parts for electric vehicles. "The validity of FAME II is set to expire on March 31, 2024. We believe FAME's validity needs to be extended since we have yet to meet the penetration the subsidy was supposed to catalyse," Society of Manufacturers of Electric Vehicles (SMEV) said in a statement. The new FAME II scheme should be linked to e-mobility conversion rather than being time-based, it added. The EV industry body said market trends suggest that e-mobility, particularly electric two-wheelers (E2W) has the potential to continue growing once it reaches 20 per cent of the total two-wheeler market. "The subsidy can be tapered thereafter," it said, adding the FAME II scheme shoul

Switch Mobility becomes L1 bidder for 3 of 8 mega electric bus tenders

Makes bids for 2,500 e-buses, PMI second with 2,080 electric buses

Electric two-wheeler sales surge 300%, breach 600,000-mark in 2022

In the first 9-months of the FY23, 506,000 2-wheelers sold

In 2025, 80% of total bus fleet in Delhi will be electric: CM Kejriwal

By 2025 end, 80 per cent of Delhi's total bus fleet will be electric, Chief Minister Arvind Kejriwal said on Monday and asserted that acquisition of e-buses will go a long way in reducing pollution in the national capital. Sharing a roadmap for procurement of electric buses, he said the government will be buying 1,500 such vehicles in 2023 and by 2025, 6,380 electric buses will be bought. Kejriwal, who flagged off 50 electric buses from Rajghat Depot here, said the addition of the new buses will take the electric buses plying on the Delhi roads to 300. Congratulating the officers behind the mission and the people of Delhi, he said, With the induction of 50 new electric buses today, Delhi now has 7,379 buses under its city bus transportation fleet. This includes 4,060 buses being operated under Delhi Transport Corporation (DTC) and 3,319 buses being operated under DIMTS (Delhi Integrated Multimodal Transit Systems). This is the highest ever number of buses in Delhi's fleet." The chi

Electric two-wheeler sales may miss FY23 target of 1 mn units by 20%: SMEV

Electric two-wheeler sales could miss the target of 10 lakh units in fiscal 2022-23 by 20 per cent, mainly due to withholding of around Rs 1,100 crore subsidy by the government, according to industry body SMEV. In 2022, sales of electric two-wheelers stood at around 6 lakh units, with three major electric two-wheeler (E2W) makers -- Hero Electric, Ola and Okinawa -- crossing the 1 lakh annual sales mark for the first time, the Society Of Manufacturers Of Electric Vehicles (SMEV) said. These original equipment manufacturers (OEMs) dominated the E2W market, controlling over 50 per cent of the total market share, and emerged as the top players in the category. Though the E2W industry performance in the calendar year 2022 looks positive with sales of around 6 lakh units, "the volumes are not keeping up with the projections made by Niti Aayog and many other research agencies", SMEV said. "December has raised a red flag for the industry as it has witnessed a 28 per cent dip in sales, ...