Page 23 - Electric Vehicles

Delhi, Maharashtra, Chandigarh lead in NITI's Electric Mobility Index

Delhi, Maharashtra and Chandigarh have emerged as frontrunners in NITI Aayog's first India Electric Mobility Index (IEMI) which assesses performance across three themes of EV adoption, charging infrastructure readiness and EV technology and innovation. The Aayog in it's report titled 'India Electric Mobility Index 2024' evaluated all Indian states and Union Territories across 16 indicators under three core themes. According to the Aayog, Delhi, Maharashtra and Chandigarh have emerged as frontrunners in the overall IEMI score, reflecting the robust ecosystems. In transport electrification, Delhi and Maharashtra are the frontrunners while Haryana, Karnataka, Ladakh and Hamachal Pradesh lead in charging infrastructure readiness. In terms of EV research and innovation, the Aayog said Delhi, Tamil Nadu, Maharashtra, Karnataka, Haryana and Telangana stand out as frontruners. According to the Aayog, currently 29 states and UTs in India have notified EV policies, with four in draft stage

Tesla launches first charging station in India at BKC, Mumbai: Details here

Tesla first charging facility in Mumbai features superchargers and AC stalls; three more charging locations to open in Mumbai this quarter

VinFast in talks to boost local sourcing as first Indian plant opens

The firm is in discussions with several of its current component suppliers, and some want to shift part of their production to the industrial park in India, VinFast Asia CEO Pham Sanh Chau said

Just 1/5th of auto PLI firms have products cleared for incentives

These companies have received clearance for 107 model and component variants, having met the DVA threshold, based on data available till July 31

Swedish car giant Volvo Cars India expects modest sales growth this year

Volvo Cars India anticipates flat sales growth in 2025 due to a combination of macroeconomic challenges and forex fluctuations but remains optimistic about 2026 and 2027

Your electric car runs on data but how safe is it from cyberattacks?

Modern EVs are like computers on a wheel, collecting detailed personal data from your routes to your playlists which has raised urgent questions about privacy and cybersecurity

NCLT Ahmedabad admits BluSmart into insolvency over ₹1.28 crore default

NCLT Ahmedabad admits BluSmart Mobility into insolvency after the startup defaulted on ₹1.28 crore debt; interim resolution professional appointed to manage assets

Himalayan high voltage: 76% of cars sold in Nepal are now electric

Subsidies, hydroelectricity and manufacturing powerhouse neighbour are charging up adoption of cleaner vehicles in the landlocked nation

Historic port to future hub: Thoothukudi's giant leap for global reach

Thoothukudi is witnessing a major economic revival with Rs 1 trillion in investments across sectors, including EV manufacturing, green hydrogen, and space, alongside upgraded infrastructure

China's rare earth curbs: No relief for EV cos as govt pushes localisation

The directive came amid growing industry concern over supply chain constraints following China's April 4 move to restrict exports of rare earth magnets

EV maker Ola opposes auto firms' plea to reduce duty on traction motors

Ola has also made it clear that they are not in favour of any change in the domestic value addition norms of PLI as well as the phased manufacturing program as requested by many auto companies

Ola Electric, TVS charge up plans to beat rare-earth magnet crunch

Ferrite magnets are now globally considered a viable and cost-effective option due to their easy availability instead of rare-earth materials like neodymium, making it an affordable option

General Motors profit falls as Trump tariffs add $1.1 billion in costs

GM hasn't moved to raise already high average sticker prices enough to recoup tariff costs, instead opting to absorb the blow by cutting costs and repatriating some production

Tesla's entry into India to bring innovation in EV insurance space

Tesla's entry into India will drive innovation in the EV insurance market, prompting insurers to rethink product offerings and embrace technology-driven solutions

VinFast looks to develop ecosystem to support its EVs: CEO Pham Sanh Chau

VinFast is committed to making EVs more accessible while contributing to economic growth through investment and local job creation.

Sonal Comstar to form JV with Jinnaite Machinery to enter China EV market

The JV is expected to begin operations in the second half of the current financial year

Epsilon to partner with firms seeking ex-China EV battery supply: MD

Battery materials manufacturer Epsilon Advanced Materials is prepared to enter into long-term strategic partnerships with the companies looking to source high-quality graphite anode and cathode materials outside China, a company official said. EV batteries are made of components like anode, cathode, electrolyte and separator. As of now China commands over 90 per cent of this graphite anode and cathode processing capacity which is used in electric vehicles. The recent curbs by China on the export of key battery-grade materials and technologies for both graphite anode and cathode (lithium iron phosphate-based) has intensified global concerns over supply chain vulnerabilities in the electric vehicle (EV) sector including in India. This development comes as India ramps up efforts to build a resilient, localised battery supply chain in the wake of China's tightening export restrictions on critical battery technologies. "Epsilon is ready to partner with cell manufacturers and Auto OEMs

Why is Xi Jinping unhappy with Chinese officials over AI, EV investments?

Xi Jinping called out local officials at the Central Urban Work Conference for overspending on artificial intelligence, EVs, and quantum computing without adequate expertise or planning

JLR delays launch of Range Rover, Jaguar electric vehicles: Report

JLR has told customers deliveries of the Range Rover Electric won't start until next year, the report said, while a source told the newspaper that Jaguar's first EV will start production in Aug 2026

EV giant Tesla's India entry may have more symbolic than strategic value

Many see Tesla's India entry as an attempt to address the capacity glut at its global plants, from where excess inventory might be brought to India