Page 29 - Electric Vehicles

Tesla rival VinFast lines up premium SUVs VF 7 & VF 6 for Indian market

These two models are expected to meet the electrification needs of consumers and set a new benchmark in the green transportation industry in India

Vietnam's VinFast to launch 2 premium electric SUVs in India in 2025

Vietnam's electric vehicle maker VinFast Auto on Saturday said its two electric SUVs -- VF 7 and VF 6 -- will hit the Indian market later this year to mark its foray into the country, which it says has a huge growth potential. The company, which is investing USD 500 million to set up its manufacturing plant at Tuticorin in Tamil Nadu, expects completion of the facility in the second half of 2025 after which it will launch the products. It is also in talks with the government for its investment in India to be considered for incentives under the new EV policy and is looking to export EVs produced in India to the Middle East and African markets. "We hope that it (Tuticorin plant) will be completed by the end of H1 or H2 beginning of 2025, then we can launch our cars," VinFast Asia CEO Pham Sanh Chau said here in an interaction. "This year, we will launch two products," he said when asked about the product launch plans of the company in India. Stressing that the premium SUVs VF 7 and

Future of mobility belongs to India, PM Narendra Modi tells auto majors

Bharat Mobility Expo 2025 kicks off: PM says EV sales likely to grow eightfold by the decade's end

Interest for electric vehicles from Tier-II,- III cities surprising: M&M

M&M launched the BE 6e at a starting price of Rs 18.9 lakh (ex-showroom), as well as the XEV 9e at a starting price of Rs 21.9 lakh (ex-showroom), in November last year

New EV launches to boost consumer confidence, says TaMo's Chandra

Tata Motors is the leader in the electric car market with about a 62 per cent share

MG Cyberster debuts at Bharat Mobility Expo with 503 bhp and AWD setup

The MG Cyberster, equipped with a 77 kWh battery pack and dual electric motors, delivers 503 bhp and a 580 km range in an all-wheel-drive setup

Hyundai Creta Electric launched: Starting at Rs 17.99L, up to 473 km range

Hyundai India has launched the Creta Electric SUV, priced from Rs 17.99 lakh, offering two battery options, advanced features, and a range of up to 473 km

PM expects eight-fold growth in EV sales, seeks investments in auto sector

Government is with investors, he says after inaugurating Bharat Mobility Global Expo

Suzuki Motorcycle India launches electric scooter e-Access, 2 other models

Two-wheeler maker Suzuki Motorcycle India Pvt Ltd (SMIPL) on Friday launched its first electric scooter, e-Access, as well as two other models at Bharat Mobility Expo 2025. Expanding its presence in the Indian two-wheeler market, Japan-based Suzuki Motor Corporation's subsidiary, SMIPL, has taken a significant step towards electric mobility with e-Access. Besides, it launched GIXXER SF 250 Flex Fuel, its first E-85 fuel-compliant motorcycle for the Indian market. E85, also known as flex fuel, is a blend of gasoline and ethanol. Suzuki Motor Corporation, Japan, Representative Director and President Toshihiro Suzuki said India is the largest market for the company and we are committed to it. "By staying true to our mission of creating products of superior value and focusing on customer satisfaction, we aim to grow further in the motorcycle business and contribute meaningfully to customers' needs," he said. Further, Toshihiro Suzuki resonated with the company's commitment to carbon

China's export curbs to impact electronics, EV firms in India: GTRI

Indian firms in the electronics, solar, and electric vehicle (EV) sectors are experiencing delays and disruptions due to China's restrictions on export of key inputs and machinery, economic think tank GTRI said on Thursday. It said the curbs could be China's response to India's restrictions on Chinese investments and visas. "This also signals deeper geopolitical tensions and trade war. We hope India-specific restrictions go away soon as they will also hurt China," Global Trade Research Initiative (GTRI) Founder Ajay Srivastava said. He added that while these measures impact India's electronics, solar, and EV sectors, they are also harmful to China's own manufacturing and exports. "Indian firms in electronics, solar, and EV sectors are facing delays and disruptions as China blocks exports of inputs and machinery," it said. India must stay firm against unreasonable demands from China and focus on building local manufacturing capabilities and diversifying supply chains, he ...

Carmakers in India plan EV onslaught in 2025 despite slowing global demand

Electric cars will take centre stage at India's five-day auto show in New Delhi starting Friday with models from new Vietnamese entrant Vinfast shown alongside Maruti Suzuki and Mahindra & Mahindra

All eyes on EV launches, Chinese 'presence' at expanded Auto Expo

Nearly 40 new products expected to be showcased or launched at the biennial event

Pakistan cuts charging stations' power tariff by 45% to boost EV adoption

The government is also planning to introduce financing schemes for e-bikes and the conversion of two- and three-wheeled petrol vehicles

Euler Motors secures $20 mn in debt funding from responsAbility Investments

Commercial electric vehicle maker Euler Motors on Wednesday said it has secured up to USD 20 million in debt from responsAbility Investments AG to ramp up production and distribution networks as well enhance research and development capabilities. The fresh capital infusion comes close on the heels of the company closing its Series C funding round, raising an additional Rs 200 crore from investors including British International Investment, Blume Ventures, and Piramal Alternatives India Access Fund, Euler Motors said in a statement. The USD 20 million in debt funding from responsAbility Investments will help accelerate Euler Motors' mission to electrify India's commercial vehicle segment, supporting the growth of the recently-launched four-wheeler Storm EV for logistics and e-commerce clients, it said. "This new funding will boost us to scale further, expand our reach, and continue delivering sustainable, high-performance solutions that meet India's unique logistics needs," said ...

64% consumers may choose EV as their next vehicle in 2025: TCS study

Among the challenges, cost of vehicles, maintenance, charging time, charging infrastructure, and range were identified as key factors influencing consumer decisions when considering purchasing an EV

Global EV sales jump 25% in 2024 as China leads and Europe stabilises

Incentives and emission targets pushed EV sales in China and aided Britain in overtaking Germany as Europe's biggest battery-electric market in 2024

Hyundai Motor India expects passenger EV market to double in 2 years

Hyundai India's Chief Operating Officer Tarun Garg says an improving ecosystem may help passenger EV penetration touch 17 per cent by 2030 from the current 2.4 per cent

Kinetic Green partners with Yuma Energy to deploy 100K EVs in 4 years

Kinetic Green Energy & Power Solutions on Monday said it has collaborated with battery-as-a-service operator Yuma Energy, for deploying 1 lakh electric vehicles over the next four years to accelerate last-mile e-mobility in the country. The rollout will start from Pune next month with approximately 1,000 E- Luna being offered under the strategic partnership to select fleet operators, the company said. The E-Luna caters to various last-mile delivery applications such as food, groceries, e-commerce and quick commerce delivery. The partnership will then be scaled nationally to 1 lakh electric two-wheelers and three-wheelers in next four years. The company said that as part of the partnership it will integrate its various swap-ready EVs into Yuma Energy's BaaS network to maximise convenience to customers including EV fleet operators and riders while subscribers to Yuma Energy's BaaS network will have access to over 200 existing swapping stations, with more locations being continuously

Okaya EV plans market expansion, to launch 4 electric two-wheelers in 2025

OPG Mobility plans to raise around Rs 400 crore in the next 24 months which will be utilised for product development and market expansion. It targets semi-urban markets for growth

Luxury electric vehicle retail sales in 2024 clock 6.7% growth: Fada

Top luxury OEMs together sold 2,809 EVs in 2024, against 2,633 units in 2023