Page 120 - Electric Vehicles

EVs, green hydrogen to soon come under priority sector lending: Report

Currently, 8 sectors are eligible to get lending under the PSL mechanism including agriculture, MSMEs, export credit, housing, education, renewables, and social infrastructure sectors

Pricing hurdle may hit Hero MotoCorp's entry into EV segment: Brokerages

Volume trajectory in the festive season is a key near-term trigger

Ashok Leyland, IIT Madras tie up to develop hybrid EVS using turbine tech

While the main powertrain will be the electric motor, the onboard power would be generated by a micro gas turbine developed jointly by NCCRD and Aerostrovilos Energy, an IITM-incubated start-up

Renault SA open to reducing stake in Nissan Motor in carve-out talks

Executives have discussed Renault's carve-out plan and reshaping the pair's two decade-old alliance since February during meetings in France and Japan.

1,000 electric vehicle charging points set up across Delhi, says govt

The Delhi government has set up 1,000 charging points in less than a year for electric vehicles under the single window facility, said an official statement on Sunday. The government is planning to set up 18,000 such points in the next three years. In November 2021, it had set in place a single window facility for installation of EV chargers in private and semi-public spaces in Delhi, which includes residential spaces like apartments and group housing societies, institutional buildings like hospitals, and commercial spaces like kirana stores, shops and malls. Through the facility, any resident of Delhi can request installation of a charger from empanelled vendors in their premises, either through the online portal of DISCOM or by making a phone call. Delhi has three electricity providers namely BSES Rajdhani Power Limited (BRPL), BSES Yamuna Power Limited (BYPL) and Tata Power Delhi Distribution Limited (TPDDL). The Delhi EV policy provides for a subsidy of Rs 6,000 per charging p

Hero MotoCorp forays into electric segment; drives in VIDA V1 e-scooter

The country's largest two-wheeler maker Hero MotoCorp on Friday forayed into the electric vehicle segment with the launch of its first electric scooter VIDA V1 priced at Rs 1.45 lakh. The company has introduced two trims of the scooter -- VIDA V1 plus and VIDA V1 Pro -- tagged at Rs 1.45 lakh and Rs 1.59 lakh, respectively. The VIDA V1 Plus comes with a range of 143 kilometres, while the VIDA V1 Pro comes with enhanced range 165 kms on a single charge. The company will commence sales of the electric scooter in Bengaluru, Delhi and Jaipur before scaling up to the new locations. The bookings will start on October 10 and deliveries will commence from second week of December. Hero MotoCorp Chairman and CEO Pawan Munjal said VIDA V1 is just not another model but an ecosystem which is going to power change in the mobility segment. The VIDA V1 will compete with the likes of Bajaj Chetak, TVS iQube, Ather Energy, Hero Electric, Ola Electric among others. Hero MotoCorp is looking at var

New space tech can charge electric cars in just five minutes: NASA

A new NASA-funded technology for future space missions may charge an electric car in just five minutes on Earth, paving the way for increased adoption of such vehicles, the US space agency said. Researchers at Purdue University, US developed the Flow Boiling and Condensation Experiment (FBCE) to enable two-phase fluid flow and heat transfer experiments to be conducted in the long-duration microgravity environment on the International Space Station (ISS). The new "subcooled flow boiling" technique results in greatly improved heat transfer effectiveness compared to other approaches and could be used to control the temperatures of future systems in space. This technology can also have applications on Earth: It could make owning an electric car more appealing, the researchers said. Currently, charging times vary widely, from 20 minutes at a station alongside a roadway to hours using an at-home charging station. Lengthy charging times and charger location are both cited as major concer

RattanIndia to buy 100% stake in electric motorcycle maker Revolt Motors

RattanIndia Enterprises said it was buying the stake it did not already own in electric motorcycle maker Revolt Motors, at a time when eco-conscious consumers are turning to alternative vehicles

FAME-II: Subsidies to Hero Electric, Okinawa halted for non-compliance

Centre has also asked Greaves Cotton's Ampere, Rattanindia's Revolt, Okaya and Jitendra EV to face an audit to be conducted by the Automotive Research Association of India (ARAI)

Japan's Toyota finds wheel, airbag fixes for recalled bZ4X crossover EVs

Japan's top automaker Toyota said on Thursday that it has identified how to fix its 2023 model year bZ4X crossover electric vehicles after recalling 2,700 of them in June out of concern that wheel bolts might become loose, risking a crash. The fix will enable Toyota Motor Corp. to resume making and selling the EVs, a key model in the company's effort to strengthen its electric lineup. Toyota officials said they hoped the fix would help restore the company's reputation for quality. The maker of the Prius hybrid and Lexus luxury models has scored great success with its hybrids and fuel cells, but it has at times been seen as a straggler in electric vehicles. The bZ in the model's name stands for a beyond zero series, referring to it being free of emissions. Toyota said new bolt parts needed to fix the problem with the bZ4X will become available for all global customers by November. The company said hub bolts and wheels of all vehicles in the recall will be replaced at no cost to ...

After initial frenzy, electric two-wheeler market consolidating

Just 7 companies accounted for 86% of all electric two-wheeler registrations in September

Tesla analysts most bullish on EV maker in more than seven years

Tesla shares are rising Tuesday, up as much as 5.6% to touch $255.91, rebounding from Monday's sharp selloff after third-quarter deliveries missed expectations

FAME II scheme helps put EV transportation on a par with ICE vehicles

The incentive scheme helps put green transportation on a par with ICE vehicles

Cathie Wood scoops up Tesla as stock tumbles on deliveries miss in Q3

Funds backed by Wood's Ark Investment Management LLC bought 132,213 shares in Elon Musk's company on Monday, marking the firm's first purchase of Tesla since mid-June

Commercial EV maker Euler Motors raises $60 mn in funding round led by GIC

Company will use the money to strengthen manufacturing, supply chain and hire talent

How to change the address on your vehicle's RC online? Check details here

There is a penalty if the vehicle owner fails to intimate the new address to the registering authority within the specified period of time

30% of two-wheelers will be electric by 2030 as adoption picks up: Study

FY22 will be 'year of inflection' for industry; clean energy mobility to help India reduce carbon emissions

Centre aiming to replace petrol, diesel-powered fleet with EVs soon: Report

CESL, the agency that handles the acquisition of EVs for the centre and the state governments, said that it has received an order of 3,500 EVs

Tesla deliveries miss estimates in Q3, slowed by supply-chain snarls

It delivered a record 343,830 cars worldwide in the third quarter. Analysts had expected that nearly 358,000 vehicles would be shipped

Tesla's EV deliveries miss estimates in Q3, slowed by logistic snarls

Tesla delivered 343,830 electric vehicles, while analysts on average had expected 359,162, according to Refinitiv. A year earlier Tesla delivered 241,300 units