Page 34 - Electric Vehicles

Ease of imports, company-agnostic norms to be focus of scheme for EV cars

Since the announcement of the scheme, about 4-5 consultations have so far taken place between MHI and stakeholders like original equipment manufacturers

Govt ends import duty for items needed to make EV batteries, phones

India will exempt from import duty 35 items used to make EV batteries and 28 items used in mobile phone manufacturing

BluSmart not for sale; its total debt at all-time low: Anmol Jaggi

Jaggi elaborates on financing plans, the issues under investigation, and the way forward

IIT Madras takes the lead in India's eMobility with 15 govt projects

The initiatives of the department make significant contributions towards safety, skilling, outreach, research and advocacy requirements of the country in the eMobility sector

UK welfare spending cuts pose unexpected risk to carmakers' EV ambitions

A review of the benefits system announced in recent days could hit a car-financing program called Motability, which provides vehicles to disabled customers on mobility benefits

GM, Hyundai in talks to share pickups, electric vans in North America

Both automakers also face geopolitical tensions heightened by tariffs being levied or threatened by US President Donald Trump, which could curtail their ability to use imported components

Exponent Energy's 1MW charging tech to cut electric bus costs by 30-40%

The 1MW charging system, which will launch in the next six months, allows for a 15-minute rapid charge, minimising downtime and enabling buses to operate with smaller, lighter batteries

500 kms on a 5 minute charge? BYD reveals new 1,000 kW battery system

Electric vehicle maker BYD promises gas-like refuelling speeds with latest EV charging platform, plans nationwide charging network in China

More competition boosts customer confidence in EV tech: Ather Energy CTO

In the past, we have launched many products in the market, from generation 4 to generation 5, to Apex, Rizta, and Halo, said Ather Energy CTO

Missing the spark: Will Ola Electric's bike accelerate EV adoption?

Electric two-wheelers haven't quite taken off the way the industry predicted. Can Ola Electric's motorbike charge up the scene?

EV companies' mindset should be of a startup: TI Clean Mobility MD

Gupta spoke about the company's growth roadmap, export plans, and upcoming launches

Skoda to invest in EV manufacturing in India despite $1.4 bn tax row

VW's local unit Skoda Auto Volkswagen India is embroiled in a legal tussle with the country's tax department over allegations that it misclassified imports of some Audi, VW and Skoda cars

Focusing to scale up business sustainably, says Ather CEO Tarun Mehta

Speaking on the sidelines of TiECon, Mehta stated that Ather's focus remains on scaling its business, as the company is bullish on expanding its market beyond South India

Ola Electric eyes Ebitda breakeven in automotive by Q1FY26; stock up 3%

Ola Electric share rose after the company's announcement that it expects Ebitda breakeven in its Automotive segment by Q1FY26, with full financial benefits from recent initiatives expected by April'25

Sustainability Summit: Swiggy to drive all-electric fleet by 2030

On an annual basis, the company aims to reduce perishable waste in direct operations by 25 per cent and decrease adverse incidents by 10 per cent

Raptee launches electric motorcycle with 4-wheeler charging compatibility

The company expects to reach $25 million in first-year sales, supported by growing demand for premium electric motorcycles and increasing availability of fast-charging options

India's e-bus sales likely to grow 3.6-fold in FY27, projects CareEdge

In India, the e-bus sector is still in its early stage, representing just 4 per cent of total annual bus registrations in FY24

Uber partners with Refex Green Mobility to deploy 1,000 EVs by 2026

Ride-hailing app Uber on Tuesday said it has tied up with Refex Green Mobility to deploy 1,000 electric vehicles across key cities by 2026, furthering its efforts to boost electric vehicles on its platform. The collaboration aligns with Uber's global objective of providing 100 per cent emission-free rides by 2040, the company said in a statement. The deployment will see electric four-wheelers onboarded onto the Uber platform across Chennai, Hyderabad, Bengaluru, and Mumbai, it added. "Uber is committed to accelerating the shift to zero-emission mobility in India, and this partnership with Refex eVeelz is a significant step in that direction," said Aditya Kapoor, Head, Supply and Electrification, Uber India and South Asia. The company remains focused on removing barriers to EV adoption and driving the transition to a greener future through partnerships to build a sustainable future for all, he added. "This collaboration, in addition to our currently existing B2B as well as B2C ...

Elon Musk's Tesla is flailing in China and BYD's rapid rise is to blame

Elon Musk's automaker has been backsliding in China for the past five consecutive months on a year-on-year basis, according to data from the country's Passenger Car Association

Maharashtra govt proposes 6% tax on EVs costing more than Rs 30 lakh

The Maharashtra government on Monday proposed a 6 per cent tax on electric vehicles priced more than Rs 30 lakh in the budget for the fiscal 2025-26. Deputy Chief Minister Ajit Pawar, who also holds the finance portfolio, tabled the budget and announced a 1 per cent hike in the Motor Vehicle Tax on CNG and LPG vehicles. The government has also proposed a 7 per cent tax on vehicles used for construction activities, which will generate additional revenue of approximately Rs 180 crore. The state government has proposed a 6 per cent tax on electric vehicles above Rs 30 lakh and a 1 per cent tax hike on individual-owned non-transport four-wheeler CNG and LPG vehicles. The move will generate an additional revenue of approximately Rs 150 crore in 2025-26. Pawar also announced a 7 per cent tax on light goods vehicles (LGVs) carrying goods up to 7,500 kg, which will earn the state Rs 625 crore. The government has also increased the maximum limit of the Motor Vehicles Tax from Rs 20 lakh t