Charts aggressive plans in its comeback trail
Thus far in 2022, key raw materials used in automobile manufacturing like steel, iron ore, aluminum, nickel, and rubber have dropped in the range of 16 per cent to 45 per cent.
India needs to get out of lithium-ion battery technology for electric vehicles at the earliest, as the country has no control over the commodity, union minister V K Singh said on Wednesday. In future, the country could also graduate to hydrogen fuel cells in its journey of green mobility and players in the sector need to work simultaneously on these technologies from now onwards, the minister of state for road transport and highways, Singh said here at the inauguration of EV India 2022, an electric vehicle motor show. There is a lot of work happening in the battery segment in India on how to reduce dependency on lithium-ion batteries, he said. Different researches are going on regarding the usage of sodium-ion and zinc-ion "because we would like to get away from lithium-ion", he added. India neither produces lithium nor does it have control over it and the country has to import it, the minister said. "There is a problem where lithium is concerned and the earlier we get out of it,
The offering could value Porsche at between 60 billion euros and €85 billion, equivalent to between $59.8 and $84.6 billion, according to analyst estimates
Launch is part of the group's strategy to focus aggressively on EVs, with e-3W under the brand Montra Electric, electric tractors under Cellestial Egat, electric HCVs under Rhino 5536 brand
CALB makes battery cells, modules and packs for electric vehicles and industrial-scale energy systems - both in high demand
Company will raise money for the project by taking debt and through equity sale, he says
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
The model, which is basically the electric version of the XUV300 sub-company SUV, was first showcased in 2020 at an Auto Expo
HOP Electric Mobility plans to invest up to Rs 200 crore in next one year on new products, setting up charging infrastructure and in creating additional production capacity, according to company Founder & CEO Ketan Mehta. The startup, which on Monday launched its high-speed electric-motorcycle HOP OXO with prices starting at Rs 1.25 lakh, is also setting up an electric vehicle park at Neemrana in Rajasthan, jointly with its component suppliers. "Cumulatively, till now we've invested close to Rs 50 crore in this business and going forward we are ready to put in up to Rs 200 crore in less than next 12 months," Mehta told PTI. The fresh investments will go into setting up of charging network for the company's products, which will later be opened up to other brands. The investments will also be used on new products, including upgrading of HOP's low-speed electric scooters to high speed, besides the EV park which will also have a new production unit, he added. The new plant at Neemrana
Cyrus Mistry, former chairman of Tata Sons and scion of the Shapoorji Pallonji group, died in a car accident near Mumbai on Sunday.
The standards were discussed during a meeting hosted by Automotive Research Association of India (ARAI) last week
Automakers are stepping on different roads towards eco-friendly mobility with home-grown firms like Tata Motors and Mahindra betting on electric vehicles, Japanese majors such as Toyota, Honda and Suzuki looking at hybrids as the bridge to reach the goal. The shift globally includes a family of electrified vehicle technologies (xEVs) which consists of SHEV (Strong Hybrid Electric Vehicle), FCEV (Fuel cell Electric Vehicle), BEV (Battery Electric Vehicle) and PHEV (Plug-in Hybrid Electric Vehicle). In India, it is mainly the battery electric vehicles (BEVs) and hybrids which are being rolled out by the leading automakers. Tata Motors and Mahindra & Mahindra have lined up massive resources to drive in multiple BEVs over the next few years. Similarly, Hyundai, Kia and MG Motor have also introduced battery electric models in the market. The country's largest carmaker Maruti Suzuki on the other hand is preparing to launch its first electric vehicle only in 2025. The auto major in the
As more countries adopt electric vehicles (EVs), the EV powertrain systems Market is set to reach $107 billion by 2029, according to a new industry report
The government on September 1, through a notification, mandated additional safety requirements for lithium-ion batteries, to come into effect on October 1
Business-to-business commerce player Peel Works is probably the first firm that is planning to replace its entire fleet of fossil fuel-based delivery vehicles with electric ones and procure 100 EVs in the first phase. Peel Works, a Mumbai-headquartered B2B (business-to-business) grocery e-commerce company, is in talks with Piaggio, Tata Motors, Mahindra and Greaves for procuring 100 EVs (electric vehicles) for its distribution business. It operates the retail management platform, Taikee, and Manpower, Payroll management and Logistics as service platform 1SF. "We have plans to shift entirely to EVs (electric vehicles). As of now, in the first phase, we are planning to take 100 EVs ahead of this festival season. If it went well then we will go for more EVs deployment," the company's co-founder and supply chain Head, Lt Col Pushkar Raj (Retd) told PTI. He further told that the company is in talks with Piaggio, Tata Motors, Mahindra, and Greaves to procure 100 EVs (light goods vehicles
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
'The annual battery demand for stationary applications is also likely to grow at a rapid pace and be substantial'
Concerned over cases of fire incidents observed in electric two-wheelers, the road transport ministry has introduced additional safety provisions in the battery safety standards which will come into effect from October 1, according to an official release. The amendments include additional safety requirements related to battery cells, on-board charger, design of battery pack, and thermal propagation due to internal cell short circuit leading to fire. The notification to mandate amended standards for the respective categories of electric vehicles with effect from October 1, 2022, is in progress, the release said. In April this year, cases of electric two-wheelers of manufacturers such as Ola Electric, Okinawa Autotech and PureEV catching fire were reported. It prompted the government to form a panel to examine. "Based on the recommendations of the expert committee report, the ministry on August 29, 2022, has issued amendment to AIS 156- Specific requirements for motor vehicles of L
Indian company says deal win by distribution partners 'reaffirms faith' in its buses