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Page 37 - Electric Vehicles

China's EV success isn't all about subsidies, it's time rivals compete

Given the nationalistic and secretive nature of Beijing's government, the absence of confirmation can serve as further proof of just how devious its industrial policy is

China's EV success isn't all about subsidies, it's time rivals compete
Updated On : 04 Nov 2024 | 8:17 AM IST

India's EV market sees festive season boost, reversing recent slump

This year has seen the EV sector on a roll, as it took only 10 months to hit the 1.5 million mark-a feat that took a full 12 months last year

India's EV market sees festive season boost, reversing recent slump
Updated On : 04 Nov 2024 | 12:30 AM IST

Ola Electric sells over 50,000 units, registers 41,605 units in Oct

With a market share of 30 per cent, the company said it continues to dominate the EV 2W segment in India

Ola Electric sells over 50,000 units, registers 41,605 units in Oct
Updated On : 01 Nov 2024 | 8:29 PM IST

Ather Energy sets monthly record with over 20,000 scooters shipped in Oct

The recently launched family scooter, Rizta, has been a significant contributor, accounting for approximately 60 per cent-70 per cent of this month's total volume

Ather Energy sets monthly record with over 20,000 scooters shipped in Oct
Updated On : 31 Oct 2024 | 8:10 PM IST

EKA Mobility lands Rs 3,000 cr deal to manufacture 1,500 electric buses

Plans to expand operations with Rs 650-cr outlay

EKA Mobility lands Rs 3,000 cr deal to manufacture 1,500 electric buses
Updated On : 31 Oct 2024 | 4:31 PM IST

EU to increase tariffs on Chinese EVs to protect its car industry: Report

The extra tariffs on China-made electric cars will go ahead as planned, despite ongoing talks with China and will apply as of Wednesday

EU to increase tariffs on Chinese EVs to protect its car industry: Report
Updated On : 30 Oct 2024 | 10:24 PM IST

BLive EZY deploys 1,000 premium electric vehicles to cater festive demand

BLive EZY on Wednesday said it has deployed 1,000 units of premium EVs to cater to the festive demand in the quick commerce segment. As the festive season drives a surge in online shopping, India's quick commerce market is set for exponential growth, Blive EZY said. Moreover, during peak times, consumers expect their orders in as little as 10-15 minutes, making ultra-fast delivery essential, it added. "With festive demand for quick commerce deliveries at an all-time high, BLive EZY has deployed 1,000 premium electric vehicles (EVs) tailored to meet the dynamic requirements of this growing industry," it said. "Our customised EV fleet solution is a perfect answer that addresses both the rapid delivery challenges of today's consumers and the sustainability goals of modern businesses," said Samarth Kholkar, CEO and co-founder of BLive. Driven by platforms like Swiggy Instamart, Blinkit, and Zepto, the sector is projected to reach USD 5.5 billion by 2025, according to the strategy ...

BLive EZY deploys 1,000 premium electric vehicles to cater festive demand
Updated On : 30 Oct 2024 | 6:54 PM IST

Toyota to Launch Maruti Suzuki eVX-based Electric SUV in India by 2025

EV unit and platform used for this model were jointly developed by SMC, TMC, and Daihatsu Motor Corporation, leveraging each company's strengths

Toyota to Launch Maruti Suzuki eVX-based Electric SUV in India by 2025
Updated On : 30 Oct 2024 | 4:23 PM IST

Electric scooter makers under lens over 12K after-sales service complaints

The scrutiny follows a recent announcement from Ola Electric, which claimed to have resolved almost all of its complaints registered with the CCPA

Electric scooter makers under lens over 12K after-sales service complaints
Updated On : 30 Oct 2024 | 4:07 PM IST

Ola Electric expands service by 30%; adds over 50 centres, 500 technicians

India's biggest e-scooter maker Ola Electric has ramped up capacity at its service centres across the country by over 30 per cent to transform its service and elevate the after-sales experience of customers, sources said. The Softbank Group-backed firm, which commands nearly a third of the market share in India's e-scooter market, has added more than 50 service centres and has hired over 500 service technicians across new and existing service centres to streamline operations and clear all backlogs. The company reportedly has also onboarded Ernst & Young for service transformation, strategy, and optimisation of overall service processes. The development comes in the backdrop of some centres reporting backlogs as demand outstripped their workforce. A senior company executive, who requested not to be named, said, "The company has added over 50 centres to its service network and has onboarded more than 500 service technicians across new and existing centres across the country". "The .

Ola Electric expands service by 30%; adds over 50 centres, 500 technicians
Updated On : 30 Oct 2024 | 4:05 PM IST

Suzuki's India unit to manufacture first battery-electric SUV for Toyota

Production for battery electric vehicles (BEVs) from Suzuki to begin in spring 2025

Suzuki's India unit to manufacture first battery-electric SUV for Toyota
Updated On : 30 Oct 2024 | 12:38 PM IST

EU imposes up to 35% tariffs on Chinese EVs, Beijing takes matter to WTO

Chinese state-owned automotive giant SAIC Motor will pay the top tariff of 35.3 per cent, BYD 17 per cent, and Geely 18.8 per cent, in addition to the standard 10 per cent EU import duty

EU imposes up to 35% tariffs on Chinese EVs, Beijing takes matter to WTO
Updated On : 30 Oct 2024 | 12:18 PM IST

JSW Group, Korea's Posco partner to develop integrated steel plant in India

JSW Group and South Korea's Posco Group will also be exploring joint ventures in production and manufacturing within the electric vehicle sector

JSW Group, Korea's Posco partner to develop integrated steel plant in India
Updated On : 29 Oct 2024 | 11:26 AM IST

Tata Technologies Q2 results: PAT falls 2% to Rs 157 cr as EV demand slows

Its consolidated profit after tax dropped 2 per cent to Rs 157 crore in the July-September quarter. However, this was also its slowest decline in the three quarters when profits have fallen

Tata Technologies Q2 results: PAT falls 2% to Rs 157 cr as EV demand slows
Updated On : 28 Oct 2024 | 6:23 PM IST

Bengaluru startup EMOBI unveils low-speed 2W with multipurpose battery

With this launch, EMOBI aims to capture 20-25 per cent of the market share in India's B2B last-mile delivery sector over the next three years

Bengaluru startup EMOBI unveils low-speed 2W with multipurpose battery
Updated On : 28 Oct 2024 | 5:36 PM IST

CCPA questions Ola Electric's 99% resolution rate for 10,000 complaints

Ola Electric came under scrutiny by the Department of Consumer Affairs after customers complained about its EV after-sales service

CCPA questions Ola Electric's 99% resolution rate for 10,000 complaints
Updated On : 28 Oct 2024 | 4:27 PM IST

Mercedes and Porsche's battle with Chinese EVs edges closer to home

The clearest sign of their impact came on Friday, when Mercedes reported its weakest profitability

Mercedes and Porsche's battle with Chinese EVs edges closer to home
Updated On : 28 Oct 2024 | 11:38 AM IST

UK classic sports cars startup RBW EV Cars launches supplier business

CEO Swain said RBW aimed to make 300 of its own-brand EVs annually, and also produce up to 3,000 EV systems for other automakers via its Spirit EV unit

UK classic sports cars startup RBW EV Cars launches supplier business
Updated On : 25 Oct 2024 | 9:31 AM IST

Pension for gig workers; choosing an EV: Top personal finance stories

This week we write about how white-collar freelance professionals can build a retirement corpus and what to look for in an electric car

Pension for gig workers; choosing an EV: Top personal finance stories
Updated On : 25 Oct 2024 | 7:47 AM IST

Tesla shares surge on strong earnings, 30% growth forecast in 2025

Third-quarter results were buoyed by Tesla turning a corner with the Cybertruck, which generated profit for the first time

Tesla shares surge on strong earnings, 30% growth forecast in 2025
Updated On : 24 Oct 2024 | 11:16 PM IST