This transition could potentially position Rapido as a pioneer in the bike-taxi industry, especially as rivals like Ola and Uber explore eco-friendly alternatives
The e-bus service will commence soon in Raipur, Bilaspur, Durg-Bhilai, and Korba
MG Motors has introduced its third electric vehicle (EV) in India, the Windsor EV. The company has launched a new way to own an EV.
Italy is aiming for a climate of positive cooperation, and real reciprocity to avoid dumping and obstacles from Beijing
The schemes, PM Electric Drive Revolution in Innovation Vehicle Enhancement (PM E-DRIVE) and PM-eBus Sewa-Payment Security Mechanism (PSM) will replace existing EV subsidy schemes
Sharma talks about Bajaj's mega electric vehicle play
PM E-DRIVE and PSM schemes instil confidence among e-bus manufacturers
Electric two-wheeler startup Warivo Motor India is looking to nearly double its topline to around Rs 120 crore this fiscal on the back of its entry into high-speed electric-scooter segment, according to top company officials. The company, which has been present in low-speed (top speed of up to 25 kmph) so far, on Friday launched its high-speed scooter CRX with price starting at Rs 79,999 (ex-showroom). "Earlier, we were in the low-speed electric scooters segment. Now with the CRX, we are getting into the high-speed segment which will help us get more volumes." Warivo Motor India CEO Shammi Sharma told PTI. While the CRX has been positioned in the mid-segment of high-speed scooters, the company is planning a bridge product between the low-speed and high-speed along with a top-end high-speed scooter, he added. "As of today we have four low-speed scooters. Now what is happening is our clear focus and shift is going towards the high-speed although we will continue with low-speed scoote
The new scheme fixes past FAME issues, addressing problems with imported vehicles and improper subsidy claims for domestically produced EVs
Subsidy reduced because they can't be sustained indefinitely: MHI
Electric two-wheeler buyers can avail a maximum subsidy of up to Rs 10,000 in the first year of the PM E-DRIVE Scheme to be rolled out soon, Union Heavy Industries Minister HD Kumaraswamy said on Thursday. Addressing a media briefing, Kumaraswamy said the subsidy under the PM E-DRIVE Scheme for electric two-wheelers has been fixed based on battery power at Rs 5,000 per kilowatt hour but the overall incentive will not exceed Rs 10,000 in the first year. In the second year, it will be halved by Rs 2,500 per kilowatt hour, and the overall benefit will not exceed Rs 5,000. Addressing the media, Kumaraswamy said e-rickshaw buyers can avail of subsidy benefits of Rs 25,000 in the first year and Rs 12,500 in the second year of the PM E-DRIVE scheme. "The per kilowatt subsidy for electric two-wheelers is Rs 5,000 for the first year, and in the second year Rs 2,500, for two years, this benefit will be continued," the minister said. He clarified that the maximum benefit per two-wheeler will
The two schemes, with over Rs 14,000 crore allocated to boost EV adoption, focusing on electric two-wheelers, buses, and charging stations, aim to support India's emissions-reduction goals
The Commission declined to give details of the offers, but said it had thoroughly reviewed them to see if they met World Trade Organization and EU anti-subsidy rules
Tata Power Renewable Energy arm Tata Power EV Charging Solutions and Tata Motors have signed an initial pact to set up 200 fast-charging stations for electric commercial vehicles in all metros cities, a statement said on Thursday. The strategic move expands their ongoing collaboration, in providing sustainable mobility solutions, with a focus on easy charging solutions for small electric commercial vehicles, the statement said. Tata Power EV Charging Solutions under the MoU will set up 200 fast-charging stations for electric commercial vehicles in all metros cities viz. Mumbai, Delhi, Chennai, Bengaluru, Kolkata. Tata Motors and Tata Power will provide exclusive charging tariffs for Tata Motors' electric CV owners, resulting in lower operating costs and increased profitability for its customers, the statement said. Electric commercial vehicle users, across the country, will soon benefit from access to almost 1000 strategically located fast chargers, with the planned expansion of t
Home-grown auto majors Mahindra & Mahindra and Tata Motors on Thursday hailed the PM e-drive scheme, saying it would help in higher adoption of electric vehicles in the country. On September 11, the Union Cabinet approved two major schemes with a total outlay of Rs 14,335 crore to promote the use of electric vehicles, including buses, ambulances and trucks. The two schemes are the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme with an outlay of Rs 10,900 crore over a period of two years, and the PM-eBus Sewa-Payment Security Mechanism (PSM) scheme with a budget of Rs 3,435 crore. "With continued focused support on 2Ws, 3Ws, e-buses and the thoughtful addition of e-ambulances, the scheme will drive higher EV penetration in the country," Mahindra & Mahindra Managing Director Anish Shah said in a statement. Investments laid out for fast charging infrastructure for all segments will help in increasing consumer confidence for faster adoption of ..
The price cuts and other offers were a 'step towards mainstreaming EVs and accelerating EV adoption'
Unlike Japan and South Korea, India's electric vehicle market is still in its nascent stage
The instructions come as companies from BYD Co. to Chery Automobile Co. firm up plans to build factories in Spain to Thailand and Hungary as their innovative EVs make inroads in foreign markets
The incident comes amid growing public ire over servicing at Ola Electric, India's no.1 e-scooter maker
Cabinet clears Rs 5 lakh health cover under Ayushman Bharat for those 70 years and above