Page 115 - Electric Vehicles

Tesla's former India policy chief to join e-scooter start-up Ather

Manuj Khurana, who quit his post as Tesla's local head of policy and business development in June, will start next week at Ather Energy

Ola Electric crosses 1 lakh production mark, says CEO Bhavish Aggarwal

The company sells three models of Ola electric scooters, Ola S1, Ola S1 Pro and Ola S1 Air

Ola Electric will miss target to fully utilise production capacity

Ola Electric will miss its target to fully utilise installed production capacity in next six to eight months and will achieve only 50 per cent of it by November 2023, founder and CEO Bhavish Aggarwal said on Friday. At the time of launch of the new S1 Air electric scooter ahead of Diwali last month, he had said the company was already producing more than 1,000 a day at its 'future factory' and would be scaling it up significantly beyond that. "We feel that in the next six to eight months we will exhaust the (current) installed capacity and we are also in parallel expanding our capacity in the future factory," he had said. Company officials had insisted that Ola Electric has a current capacity of 20 lakh units per annum at its factory and it would be exhausted in the next six to eight months. However, in a post on Twitter on Friday sharing the company's production targets, Aggarwal wrote, "Our cumulative production numbers: Dec 2021: 0; Nov 2022: 1,00,000; Nov 2023: 10,00,000; Nov .

Servotech Power Systems bags Rs 46 cr order from BPCL to supply EV chargers

Servotech Power Systems has bagged a Rs 46.2 crore order from Bharat Petroleum Corporation Ltd (BPCL) for supplying and installing a series of EV Chargers at different locations across the country in the next four months. The project to supply and install 800 units of DC fast EV Chargers has already been initiated from Delhi and is expected to be completed by March 31, 2023, a company statement said. The project will span across the country, equipping petrol pumps in major Indian cities with EV Charging capabilities on its course. As part of this project, Servotech will take care of installation, commissioning, and maintenance of DC fast chargers at a range of locations involving BPCL's retail sites and fuel and gas stations, as suggested by BPCL. The project will help ensure the deployment of e-mobility touchpoints that address transactions, availability, discovery, and navigation in order to give users of electric vehicles easy access to the charging network. "This project will

India's electric two-wheeler market may miss 1-million unit target

Supply-side glitches, impending govt regulations, fires, and delay in FAME II subsidy handout have forced start-ups to mothball ramp-up plans

Hero Electric to invest Rs 2,500 crore to launch 4 million units by 2026

The first stage of investment will roll out this year for a new factory in Rajasthan, where vendor units will invest another Rs 400 crore

A first for industry: Hyundai may ink pacts for direct power purchase

Such direct contracts will assist the carmaker in getting cheap power

Q2 results: Hero MotoCorp net profit falls 9% YoY to Rs 682 crore

Hero MotoCorp's consolidated net profit fell by 8.63 per cent YoY to Rs 682.28 crore in the second quarter of FY23 amid weakening rural demand

Indian EV makers 'not doing it right', says Gogoro CEO Horace Luke

Luke on Thursday launched Gogoro in India with a pilot project in collaboration with ZyppElectric

Europe leans on Asian firms for 'homegrown' electric vehicle batteries

French battery startup Verkor, for example, announced on Wednesday that it had raised 250 million euros ($249 million) to fund a megafactory

EV start-up MoEVing raises $2.5 mn from JSW Ventures for e-mobility biz

Funding will also support firm's expansion across multiple cities in India and team building across functions; current round brings MoEVing's total funding to $10 million

Switch Mobility aims to be in EV markets around the globe: CEO

Markets will come back after geopolitical turbulence and each company will have to make its own strategy, says Mahesh Babu

Tata Power and Indian Army to set up EV charging points in Delhi Cantt

Charging points for electric vehicles were inaugurated at Delhi Cantonment by Lt General Dhiraj Seth, general officer commanding of the area, on Wednesday. Power discom Tata Power Delhi Distribution Limited (TPDDL) has collaborated with the Indian Army for installing 17 fast charging points for EVs at Delhi Cantt. All the chargers are operational now, said a TPDDL statement. The chargers will be used for charging personal and official electrical vehicles of the Indian Army and the employees working in the Delhi Cantonment area. This is a unique initial step by Indian Army and TPDDL towards implementation of Government of India's National electric Mobility Mission Plan (NEMMP) and Indian Army's go green initiative, Lt Gen Seth said. He urged everyone to contribute towards the eco-friendly initiatives to maintain an emission free environment, a bounden duty mankind has towards future generations. The TPDDL is pleased to work with the Indian Army to set up convenient fast charging

BEL's sales trajectory will sustain on multiple growth opportunities

Investors may consider buying the stock on dips, say experts

JLR partners with Wolfspeed for silicon carbide semiconductors supply

Jaguar Land Rover on Tuesday announced a strategic partnership with Wolfspeed Inc for supply of silicon carbide semiconductors for next generation electric vehicles. Under the partnership, Jaguar Land Rover will use Wolfspeed's advanced silicon carbide technology specifically in the vehicles' inverter, managing transfer of power from battery to electric motors, the company said in a statement. "The first Range Rover vehicles with this advanced technology will be available from 2024, and the new all-electric Jaguar brand the following year," the Tata Motors-owned firm added. JLR will participate in the 'Wolfspeed assurance of supply program' to secure the supply of this technology for future electric vehicle production needs in order to enable greater visibility and control over JLR's future supply chain. Wolfspeed has an existing relationship with Jaguar TCS Racing team which competes in the Formula E World Championship. Its silicon carbide technology has been used to accelerate ..

Registration of electric passenger, motor vehicles doubles this year

Driving growth is Tata Motors, with 25,795 registrations, against 10,200 last year

Zooming ahead: 68,324 two-wheeler EVs sold in Oct, highest in 2022

ICE two-wheeler registrations have grown even faster than electric vehicles month-on-month following a definite slowing down in the last few months

China's Evergrande group starts delivering its first electric vehicles

China Evergrande New Energy Vehicle Group Ltd has started deliveries of its Hengchi 5 electric vehicle, with the first 100 customers getting their cars on Saturday

Delhi, Thiruvananthapuram airports switch to EVs to reduce emissions

Civil aviation minister Jyotiraditya Scindia had in September said that over 90 per cent airports in the country achieve carbon neutral status by 2024.

Delhi airport deploys 57 EVs as part of Green Transportation Program

With this, the Delhi Airport has become the first in the country to deploy EVs