Page 41 - Electric Vehicles

About 83% of Indian buyers will consider new energy vehicles by 2030: Study

Driven by the Centre's efforts, India's EV sector shows promise but challenges remain. At present, EV adoption in the country stands at 2% for passenger vehicles and 6% aross all categories

Acceptability of new energy vehicles set to soar by end of decade: Survey

Majority of new car buyers, who participated in a study, were ready to accept new energy vehicles (NEV) as the only option when considering a purchase by 2030, according to a survey. The buyers would be willing to pay a premium of up to 49 per cent for an electric vehicle above the cost of a comparable petrol/diesel vehicle, a survey from Urban Science and The Harris Poll has revealed. Around 83 per cent of the 1,000 prospective Indian buyers covered in the global survey said they will consider buying an NEV by the end of this decade. The survey conducted online by The Harris Poll on behalf of Urban Science received inputs from various markets including India, the US, Australia, China and Germany. The survey stated that the positive outlook for NEVs in India is being fuelled by the rapid expansion of public EV charging network, with a noticeable presence in major cities and emerging in tier-2 cities. There are currently over 6,000 charging stations available in India across major

Mercedes-Benz fire that injured 23 may cloud South Korea's EV transition

Since then, there's been widespread anxiety over EVs, a phenomenon dubbed EV phobia by local media

No new EV facility planned beyond Chakan plant: Mahindra & Mahindra

Company will roll out Born EVs from Chakan plant by 2025

Hybrid, EVs each could have 8 per cent market share by FY28: ICRA

The share of compressed natural gas (CNG)-run cars is also expected to increase from 14 per cent in 2023-24 to 18 per cent in 2027-28

'Almost $1.3 trillion EV opportunity for emerging mkts, India at forefront'

Case studies from Mahindra Last Mile Mobility Limited and Battery Smart also found that manufacturing and infrastructure for EVs are increasing across the region

Mobility sect in Asian mkt to absorb $1.3 trn in green fund by 2030: Report

The mobility sector in emerging markets of South and Southeast Asia is growing so rapidly that it could absorb up to USD 1.3 trillion in green capital by 2030, mirroring China's phenomenal electric vehicle (EV) growth, according to a report. The Powering an affordable EV revolution in emerging Asia report, released on Friday -- ahead of the Climate Week NYC by investors LeapFrog Investments and Temasek alongside electric mobility companies Mahindra Last Mile Mobility Limited and Battery Smart -- showed affordable entry points for electric mobility across the low-income markets of emerging Asia. An analysis of the lifetime cost of owning an electric vehicle versus fossil-fuel powered vehicles highlighted how electric scooters and electric three-wheelers have hit price tipping points across the region, spiking demand for green mobility even amongst first-time vehicle buyers. Case studies from Mahindra Last Mile Mobility Limited and Battery Smart also found that manufacturing and ...

SC refuses to transfer trial in 2015 cash-for-vote case involving T'gana CM

The Supreme Court on Friday refused to transfer the trial in the 2015 cash-for-vote case, involving Chief Minister A Revanth Reddy and others, from Telangana to Bhopal. The apex court directed Reddy not to interfere in any way with the functioning of prosecution in the case. A bench of Justices B R Gavai and K V Viswanathan directed that the Director General of the anti-corruption bureau (ACB) would not report to the Telangana CM with regard to the prosecution of the case. The counsel appearing for Reddy told the court that the plea seeking transfer of trial in the case was filed with a "political motive". The apex court, which had earlier voiced strong displeasure over Reddy's comments on the top court granting bail to rival Bharat Rashtra Samithi (BRS) leader K Kavitha in cases linked to the alleged Delhi excise policy scam, said it was expected that all the three wings of the Constitution showed mutual respect for functioning of each other. The bench took note of an affidavit f

Govt issues revised guidelines for electric vehicle charging stations

The scheme addresses the range anxiety of EV buyers by promoting the installation of electric vehicle public charging stations

Hero MotoCorp's e-scooters to debut in the UK and EU markets in 2025

Indian automaker Hero MotoCorp will be entering the UK, France, and Spain markets with its Vida e-scooters

Maruti Suzuki to set up 25,000 EV charging stations ahead of eVX launch

Maruti plans to price the eVX between Rs 20-25 lakh and aims to sell 3,000 units within the first three months of its release

Penetration of electric vehicles growing across segments in auto industry

Tata Motors reported a penetration of 12.05 per cent, down from 12.61 per cent last year, while JSW-MG Motors surged to 33.77 per cent, up from 23.75 per cent

PM E-DRIVE to boost electric vehicle adoption, says H D Kumaraswamy

FAME-II proved to be financially successful, with approximately 93 per cent of targeted vehicles incentivized and 92 per cent of the allocated funds utilised, Kumaraswamy said

EV tariffs will damage Germany, China: Chinese commerce minister

Wang is visiting Europe for talks on the EU's anti-subsidy case against Chinese-made EVs ahead of a vote on more tariffs

From Tata Motors-JLR to Ford: Tamil Nadu's EV ecosystem expands in 2024

In the two-wheeler sector, three out of the top five EV manufacturers-Ola Electric, TVS Motor, and Ather Energy-are already based in the state

Tata Motors taps used car market to boost electric vehicle resale, exchange

The company has the largest car park in EVs in India, estimated to be around 170,000 units. As a pilot, the company has already started work with used online car marketplace Spinny

Bajaj to TVS, legacy ICE players assert dominance in EV two-wheeler segment

Bajaj Auto, TVS and Hero Motocorp collectively grab nearly half the electric two-wheeler market share in the second half of September till 17th

Export of electric two-wheelers from India has lot of potential: Gadkari

Exports of electric two-wheelers from India has a lot of potential, specially to markets where Indian manufacturers are already selling conventional engine counterparts, Union Minister Nitin Gadkari said on Tuesday. Speaking at the launch of Revolt Motors' electric commuter motorcycle here, Gadkari said 50 per cent of motorcycles produced in India are exported and major players like Bajaj Auto, Hero MotoCorp, and TVS have a large presence in the international markets. The minister asked Revolt Motors to explore markets in the neighbouring countries as well as Africa and Latin America. Anjali Rattan, Co Founder and Chairperson of Rattan India Enterprises -- the promoter firm of Revolt Motors -- said the company has firmed up plans for exports to Sri Lanka to start with. The company is exploring export opportunities in Nepal, Africa, and Latin America as well. Revolt Motors on Tuesday launched its commuter bike RV1 with introductory prices of Rs 84,990 and Rs 99,990 for two variants

Revolt Motors launches RV1 at Rs 84,990, heats up e-bike competition

Both companies have undercut the previous lowest price in the category, which stood at Rs 1,10,000

Tata Motors, JLR to make EVs in India for the world: Chandrasekaran

'Will bring together cost attitude of Tata Motors with the design and sophistication of JLR'