Page 153 - Electric Vehicles

EV sales in Delhi six times higher than national average: City govt

The national capital is doing everything possible to reduce its contribution to pollution, Chief Minister Arvind Kejriwal said

Cars roll on to the electric wagon: Manufacturers announce big plans

An aggressive policy push through centralised and state subsidy schemes has nudged automakers to announce plans to launch affordable EVs

EeVe India unveils Soul EV, announces Rs 1,000 cr investment in next 2 yrs

In the next five years, EeVe India aims to capture 10% market share in India's electric vehicle market

Hero Electric joins Log 9 Materials for 15-minute EV charging

The integration of Log 9's 'RapidX' batteries can fully charge Hero Electric 2W within 15 minutes

EV start-up Ultraviolette raises $15 million from TVS Motor, Zoho Corp

Firm is setting up manufacturing and assembling unit in Electronics City, Bengaluru; will use investment for production and launch of its high-performance e-bike, F77; first batch out in H1 of 2022

BMW launches iX electric SUV in India, priced at Rs 1.16 cr

BMW launched its technology flagship all-electric SUV iX in India at an introductory price of Rs 1.16 crore, first of three electric vehicles that it plans to drive in the country in the next 6 months

EV start-up Oben raises $1.5 mn to launch 100% homegrown electric bike

The one-year-old company says it will deliver its first batch of EVs in next six months

Minda Industries forms JV with FRIWO for manufacturing EV components

MIL plans to invest Rs 71 crore in one or more tranches as equity investment to partly fund the above expenditure.

Simple Energy to set up Rs 2,500-cr electric vehicle facility in Tamil Nadu

The EV maker's first manufacturing unit with a capacity to produce one million units a year

Uttar Pradesh, Delhi, Karnataka leading states in EV sales: Govt

Uttar Pradesh, Delhi and Karnataka have emerged as top three states in terms of registration of electric vehicles in India, the government said on Wednesday. In a written reply in the Rajya Sabha, Road Transport and Highways Minister Nitin Gadkari said that 870,141 electric vehicles have been registered in India. Uttar Pradesh (255,700) has the highest registered electric vehicles, followed by Delhi (125,347) and Karnataka (72,544) come in that order. The fourth and fifth spots are grabbed by Bihar (58,014) and Maharashtra ( 52,506). Gadkari said the Ministry of Heavy Industries formulated a scheme namely Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme in 2015 to promote adoption of electric and hybrid vehicles in the country with an aim to reduce dependency on fossil fuels. At present, Phase-II of FAME India scheme is being implemented for a period of five years with effect from April 1, 2019 with a total budgetary support of Rs ..

Carzonrent, Fortum entities look to roll out 965 EVs, 3,200 charging points

The partnership would culminate into a $40-45 million investment in EC charging infra and purchase of 19,000 EVs over the next five years

Mukesh Ambani ups bet on battery-swapping under agreement with Mahindra

RIL's second agreement to explore battery swapping in six months; may lead to standardisation of battery technology with OEM and fueling operator joining hands

MG Motor India to drive in electric vehicle at Rs 10-15 lakh by next fiscal

The company which currently sells electric SUV ZS EV will launch an electric crossover vehicle based on a global platform but customised for the Indian market as its next new product

Hero Electric reports retail sales of over 7,000 units in November

The company said it had sold 1,169 units in the corresponding period last year

Motherson participates in EV charging start-up Exponent's $5 mn fundraise

YourNest VC, 3one4 Capital & AdvantEdge VC doubled down on their earlier investment within 8 months

Hyundai lines up Rs 4,000 cr investment to drive in 6 EVs in India by 2028

South Korean auto major Hyundai plans to invest around Rs 4,000 crore to drive in around six electric vehicles in India by 2028. The company is planning to roll out a mix of models based on its existing range as well as completely new vehicles based on its global platform 'E-GMP' over the next few years. In an interaction with PTI, Hyundai Motor India MD & CEO S S Kim said that the company is gearing up to expand its presence in the EV space in the country in a big way with the first of the six new products being expected to debut next year. The company would invest around Rs 4,000 crore in the R&D towards the six-model line up till 2028. "As we continue to redefine the mobility space, today we are yet again showcasing our commitment towards Indian customers with the announcement of expanding our BEV line-up to six vehicles for the Indian market by 2028," Kim said. The company is taking experiences beyond mobility and are strongly focusing on intelligent technology, ...

Hyundai plans six electric vehicles by 2028, to invest Rs 4,000 crore

The company plans to have an EV presence in all segments -- from the mass market to SUVs

Ather Energy expands Guj retail biz; starts 1st experience centre in Surat

The new experience centre will be the brand's second retail outlet in Gujarat. The expansion is driven by strong consumer demand for the Ather 450X and 450 Plus electric scooters in the State

EV start-up Matter signs MoU with Gujarat govt for Rs 1,500 crore

To roll out its first two-wheeler in H1 of 2022, inks MoU in electric mobility and energy storage solutions

Goa CM launches Electricity Mobility Promotion Policy to promote e-vehicles

The policy's main objective to launch the policy is to promote use of battery-driven vehicles and create jobs for the people of the state, Sawant said