Page 135 - Electric Vehicles

Fire breaks out at EV maker Ather Energy's Chennai facility; cause unknown

A fire broke out at electric scooter manufacturer Ather Energy's experience centre in Chennai

Okinawa Autotech to invest Rs 1200-1,500 cr in e-two-wheelers in two years

This includes the JV with Tacita; company is in talks with PE firms

Panel probing electric vehicles fire incidents to submit report on May 30

Road transport minister Nitin Gadkari had recently said the companies found negligent will be penalised and a recall of all defective vehicles will be ordered after expert panel submits its report

'Zinc air batteries are cost-effective solution to store renewable energy'

Arun Misra, the first Indian to be elected as chairman of International Zinc Association, believes viable Zinc-air batteries have helped reduce dependence on lithium batteries

India's auto component industry all set for electric vehicle shift

ACMA president, Sunjay Kapur says that the 75 companies eligible for the auto components production-linked incentive (PLI) scheme, have to invest Rs 250 crore each in five years to get the incentive

BMW expands e-mobility with launch of sedan i4 priced at Rs 69.9 lakh

The i4 is imported as a completely built unit. It has the fifth-generation BMW eDrive technology with an integrated drive unit powered by an electric motor

Simple Energy defers deliveries of e-scooter as govt may announce new norms

Simple Energy CEO Suhas Rajkumar said EV industry might see some changes in policy primarily related to battery packs and testing standards in 1 or 2 months, necessitating it to reschedule deliveries.

Three Wheels United raises $10 mn to increase financing for EV 3-wheelers

TWU has previously raised funding from Asian Development Bank Ventures, Techstars, Microsoft, and investors from the Middle East, Europe, and US

Bad news for vehicle owners as third party premium to be hiked from Jun

From June 1, 2022 onwards, the motor third party liability insurance premium has been jacked up by the central government despite the portfolio being hugely profitable for the insurers

Top headlines: RBI's move on 5 NBFCs, bank privatisation, and more

Here are the top headlines on Thursday morning

BMW i4 electric sedan to launch in India today: Check price, features

The BMW i4 is expected to be available in two variants - the eDrive40 and the M50 xDrive

EV charging, battery swapping units to be everywhere in Delhi: Minister

"Just as petrol pumps are seen everywhere, EV charging and swapping stations will also be seen everywhere in the coming times," the minister said.

Samsung SDI, Stellantis to set up $2.5 billion EV battery plant in US

Samsung SDI will own a 51 per cent stake in the $2.5 billion joint venture company set up with the Chrysler parent, and its investment could increase to as much as $1.57 billion in the long term

When it comes to EVs, raising funds seems easier than building them

Stocks of EV upstarts, from New York-listed, Chinese firms such as Nio, Xpeng and Li Auto to their American peers Rivian Automotive and Lordstown Motors, have lost their sheen in recent weeks

Hindustan Motors plots a comeback; talks on for JV with European co for EVs

MoU signed, due diligence expected to start soon and conclude in 2-3 months; project will start two-wheelers and then add four-wheelers

Work on installing 100 EV charging stations in Delhi nearing end: Officials

The work on installing 100 public charging stations for electric vehicles in Delhi is nearing completion and all of them are likely to become operational by July, officials said on Monday.

Ather Energy to set up 8 more retail stores in Kerala to expand presence

The company said it has also been talking to prospective retail partners in these markets and has already begun locating spaces to set up its fast EV charging network -- Ather Grid

Ola Electric starts deliveries of units within 24 hours of their purchase

The company had opened the latest purchase window on May 21. It was the third purchase window opened by Ola Electric for customers since launching the electric scooters last year

Mahindra to explore partnership options for electric vehicle parts

Mahindra last week signed a partnership agreement with Volkswagen in which it will explore equipping its electric cars with motors, battery system components and cells made by the German automaker

PM meets Suzuki Motor Corp advisor, discusses EV investment opportunities

In March this year, Suzuki Motor Corporation announced that it would invest around 150 billion yen (about Rs 10,445 crore) by 2026, for local manufacturing of Battery Electric Vehicles