Page 126 - Electric Vehicles

Safety, performance top concerns for electric scooter buyers: Survey

Safety and performance of electric scooters remain top concerns for customers amid a spate of fire incidents in these vehicles recently, which has prompted consumers to hold back on their plans to purchase e-scooters, according to an online survey. Moreover, the percentage of people who were not convinced about the safety and performance of an electric scooter rose to 32 per cent in August this year, compared to just 2 per cent in the same month a year ago, as per the survey conducted by online platform LocalCircles. The survey received responses from over 11,000 household consumers from more than 292 districts, with 47 per cent of the respondents from tier-I and 33 per cent from tier-II cities. The rest 20 per cent respondents were from tier-3/4 and rural districts, as per LocalCircles. One of the top concerns of the people continues to be the fires reported in electric scooters. Consumers of various brands of these vehicles have reported fire incidents, which many of the ...

Hyundai mulls speeding up construction of US EV plant amid new law

Hyundai Motor plans to roll out 17 EV models by 2030, including six Genesis models, with Kia scheduled to release 14 EVs by 2027

Top Headlines: CBDC rollout this FY, banks deal with sanctioned entities

The Reserve Bank of India is planning to introduce its Central Bank Digital Currency (CBDC) this fiscal year in a phased manner

Saudi betting on EV batteries may prompt others to announce ambitious plans

The world's oil capital, Saudi Arabia wants to go electric and get clean. To do so, it's getting its hands on minerals critical for batteries and taking a stake in the electric vehicle-supply chain

Firms rev up plans to build massive battery storage capacity to power EVs

The capacities committed will come from companies eligible for PLI as well as other players; the largest capacity currently from a single company would be 20 GWh

Ladakh rolls out EV policy with subsidies to encourage buyers: Report

The Union Territory of Ladakh has announced a new electric vehicle policy with subsidies to encourage the citizens to procure e-vehicles in order to create a carbon-neutral future, an official spokesman said on Saturday. Ladakh's Electric Vehicle and Allied Infrastructure Policy aims to transform the UT into a torch bearer in terms of the adoption of electric vehicles in the country and envisions to encourage and cultivate an EV ecosystem, the spokesman said. He said the policy entails a capital subsidy of 10 per cent on two-wheelers, three-wheelers, and four-wheelers. To encourage sustainable and eco-friendly public transport, public buses will be given a capital subsidy of 25 per cent under the policy, the spokesman said. With a view to encouraging this shift to electric vehicles, he said the administration has offered an early bird subsidy for the first year of the policy. During the first year, the percentage of the subsidy for each type of vehicle would be double of the norma

Switch Mobility sees e-bus market tripling to 6,000 units next year

Switch India has already secured an order of 200 electric double decker buses in Mumbai and is looking at a dominant space in the electric double decker segment, across key regions in the country

Electric hopes

Policy clarity needed for electric cars

EV owners fed up with the sorry state of public charging stations in US

According to a report, one out of every five respondents ended up not charging their vehicle during their visit to a public charging station

Industrial China is alive and well despite concerns of economic slowdown

Data this past week showed a dismal picture: China's industrial output rose 3.8% from a year earlier, which was below expectations, fixed investment grew slower than forecast and credit was weak

EV charging start-up Exponent Energy raises $13mn in series A funding

Exponent Energy, an electric vehicle charging start-up, said has raised $13 million in a Series A funding round led by Lightspeed and attended by institutional investors.

EV charging start-up Exponent Energy raises $13mn in series A funding

Exponent Energy, an electric vehicle charging start-up, said has raised $13 million in a Series A funding round led by Lightspeed and attended by institutional investors.

TII gears up for EV re-entry; to focus on e-tractors, 3-wheelers, heavy CVs

The group is learning from an unsuccessful foray into e-scooters by focusing on electric tractors, three-wheelers and heavy commercial vehicles

India's self-reliance ambition in energy sector faces rising import hurdle

During the financial year 2021-22, India's petroleum imports was around 23.8 per cent of its gross imports and the country was dependent on imports for 86 per cent of its crude oil requirement

On 75th I-Day, M&M unveils e-mobility plan with five new electric SUVs

The brands will be manifested through five e-SUVs under XUV.e8, XUV.e9, BE.05, BE.07 and BE.09

Volkswagen AG, M&M deepen EV component co-operation, sign term sheet

The agreement covers components of Volkswagen's open platform for electric vehicles (EVs), called MEB, to be supplied to Mahindra's new electric platform INGLO, the companies said in a joint statement

M&M launches new brand BE in UK, lines up five electric SUVs

The company would introduce the first of the five e-SUVs towards the end of 2024, starting with the Indian market

Top headlines: Ola Electric to produce EVs in 2024; SBI hikes MCLR

SBI's overnight, one-month, and three-month MCLR stands at 7.35 per cent; six-month is at 7.65 per cent; one-year at 7.70 per cent; two-year at 7.90 per cent; and three-year MCLR stands at 8 per cent

Volkswagen group testing electric vehicles under Skoda brand for India

Volkswagen group has started testing some electric vehicles from the KODA brand in India as it evaluates the products to be brought to the country for electromobility targetting mass segment

M&M, Ola Electric to unfurl e-car strategies on 75th Independence Day

On August 15, two companies - Mahindra & Mahindra and Ola Electric are set to take the wraps off their individual e-car strategies as they seek to stake their claim in India's nascent e-car market