Page 27 - Electric Vehicles

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

Datanomics: India EV penetration subdued even as biggies enter market

According to the data from Federation of Automobile Dealers Association (FADA), the EV penetration in India was just 7.8 per cent in FY25, marginally up from 7.1 per cent in FY24

Tesla rolls out Model Y in India, costlier than US, China and Germany

Tesla opens bookings for Model Y in India at up to ₹67.89 lakh due to high import duties, with first deliveries expected later in 2025 from Shanghai plant

Kia launches first made-in-India EV, Carens Clavis, starting at ₹17.99 lakh

Kia India introduces its first domestically manufactured electric vehicle, Carens Clavis EV, with two battery options offering up to 490km range, fast charging in 39 minutes.

Leapfrogging the world: China's rise in EVs, green energy and biotech

Driven by state strategy, rapid innovation, and industrial dominance, China's surge in EVs, renewables, and biotech is not just disrupting industries, it's rewriting the global technological order

VinFast starts bookings for electric SUVs in India as Tesla makes debut

These models will be officially launched for public sale in August, following the inauguration of the company's plant in Thoothukudi, with deliveries to follow subsequently

Tesla launches Model Y in India, starting at ₹60 lakh for RWD variant

Tesla India site lists Model Y RWD at ₹60 lakh, Long Range RWD at ₹68 lakh; prices significantly higher than in US, China and Germany

Electric two-wheeler firms in talks with govt for localisation relief

PLI, PMP targets under strain as rare earth magnet stocks fast dry up

Global EV majors Tesla, VinFast, Kia set for India face-off on Tuesday

Global EV majors Tesla, VinFast and Kia to launch models, announce prices and open bookings on the same day, intensifying India's electric vehicle battle

EV maker VinFast inks pacts with 13 dealers; aims 35 dealerships in India

VinFast Auto India, a subsidiary of Vietnam-based electric vehicle maker VinFast, has signed agreements with 13 dealer groups for opening 32 dealerships across 27 cities, a statement said on Saturday. VinFast, which is gearing up to launch its electric vehicles in the Indian market, aims to establish 35 dealerships across the country by the end of 2025, according to the statement. These collaborations underscore VinFast's commitment to establishing a robust 3S (sales, service, spares) network and laying the groundwork for the upcoming pre-booking of the VF 6 and the VF 7 models on July 15, it said. The agreements are part of VinFast's plan to expand its footprint in the country. The initial set of dealerships will be established in key urban and emerging EV markets, including Delhi, Gurugram, Noida, Chennai, Bengaluru, Hyderabad, Pune, Jaipur, Ahmedabad, Kolkata, Cochin, Bhubaneswar, Thiruvananthapuram, Chandigarh, and Lucknow. These cities have been strategically selected based o

VinFast partners with BatX Energies for electric vehicle battery recycling

VinFast partners with BatX Energies to recycle and repurpose high-voltage EV batteries in India, strengthening its commitment to a sustainable battery value chain for its India operations