Page 171 - Electric Vehicles

India's e-scooter manufacturers hope to ride out Covid-19 pandemic

Manufacturers are aiming higher on the back of encouraging initial demand

Three South Korean companies capture 31% of global EV battery market in Q1

Three South Korean electric vehicle (EV) battery makers accounted for 31% of the global market in the first quarter, but their share has slipped since last year

Ola to take electric scooter to international markets this fiscal

Ola Electric is looking at taking its electric scooter to international markets, including countries like France, Italy and Germany, this fiscal, a top company executive said

Huawei deepens dive into EVs, seeks control of small automaker: report

The push into smart cars, if finalised, would signal a major shift in business focus for Huawei

RattanIndia Enterprises hits 5% upper circuit as firm forays into EV space

As part of the deal, RattanIndia Enterprises will have 50 per cent board presence in Revolt Intellicorp and Rajiv Rattan will be chairman of the board of Revolt

Honda aims for 100% electric vehicles by 2040, says new CEO Mibe

Mibe said Honda will invest a total of about 5 trillion yen ($46.3 billion) in research and development initiatives

Sales of electric vehicles in India fell 20% to 236,802 units in FY21: SMEV

Society of Manufacturers of Electric Vehicle (SMEV) on Thursday said sales of EVs in India fell 20 per cent in the financial year 2020-21 to 2,36,802 units

EV major Tesla apologises as disquiet in China climbs after protest

The Palo Alto, California-based company earlier this week found itself on the pointy end of missives from two government entities

Kinetic Green plans to follow affordable engineering model for light EVs

EVs can not only reduce pollution but, more importantly, the cost of transportation will also come down, says founder Sulajja Firodia Motwani

Amazon partners with Indian EV firms for its last-mile delivery fleet

The e-commerce firm will engage with more Indian OEMs to achieve its goal of 10,000 EVs by 2025

India to become top electric vehicle maker in the world: Nitin Gadkari

Union minister Nitin Gadkari on Sunday expressed confidence that lithium-ion batteries would be manufactured fully in the country in the next six months

Bajaj Auto halts Chetak bookings within 48 hrs, cites supply issues

Bajaj's maiden electric scooter, which went on sale in Jan 2020, hasn't been able to align production with demand due to Covid-induced supply chain disruptions and shortage of semiconductors

South Korea to set global standards for electric vehicles wireless charging

South Korea said on Thursday it will ramp up efforts to promote a homegrown charging technology for EVs as an international standard, as the country plans to penetrate deeper into the growing sector

FM Logistic India introduces EVs for deliveries within city limits

The first batch of EVs deployed by the company comprises 3-wheelers from a leading commercial vehicle manufacturer having a load capacity of 500 kg

LG, SK reach $1.8-billion settlement to end electric-vehicle battery spat

SK Innovation agreed to pay 2 trillion won ($1.8 billion) to LG Energy Solution, a unit of LG Chem, according to a statement from the two companies

S Korean battery makers agree $1.8 bn settlement, aiding Biden's EV push

South Korean battery makers agree $1.8 bn settlement, aiding Biden's EV push

Mahindra to invest Rs 3,000 cr on electric vehicle business in next 3 years

Mahindra & Mahindra Ltd will put in fresh investments to the tune of Rs 3,000 crore on its electric vehicles business in the next three years, while it looks for more alliances and partnerships in the vertical, according to a top company official. M&M is working on developing on an EV platform by combining capabilities of its operations across the globe, including Detroit and Italy. "So, for EVs we are going to invest Rs 3,000 crore additional to what we have talked about," Mahindra Group Managing Director and CEO Anish Shah told PTI. Mahindra & Mahindra Ltd had earlier said it was investing Rs 9,000 crore in auto and farm sectors in the next five years. The company, which has set a goal of putting 5 lakh electric vehicles on Indian roads by 2025, has already invested Rs 1,700 crore in the EV business in India with another Rs 500 crore on a new research and development (R&D) centre. While it has already opened its electric technologies plant in Bengaluru that produces .

EV start-ups feel the spark of recovery, kick-start post-pandemic biz plans

Overall, the past year has forced the EV industry to think differently in terms of so­u­rcing components

A soaring flight plan: Bird Group eyes Air India's ground handling arm

The promoter-brothers, distant cousins to IndiGo's Rahul Bhatia, are eyeing Air India's ground handling subsidiary to augment their aviation services business even as they make a big play in EVs

Hyundai plays catch up in EV market with car that can cook dinner

It's part of a push by Hyundai to appeal to a younger audience as it plays catch-up in the EV market