Since 2021, hybrid vehicle sales have been growing steadily in several markets, including China, Japan, Korea, the UK, France, and the US
There is also regulatory pressure on automakers and battery makers to recycle
Toyota's push is at odds with rivals such as Tata Motors and Mahindra & Mahindra which want to keep the focus on EVs, saying incentives for hybrids would hurt India's goals for their adoption
Electric vehicle maker Euler Motors on Wednesday forayed into the light commercial vehicle segment with the introduction of two electric four-wheelers developed to cater to multiple customer requirements. The company, which currently sells electric three-wheelers, has introduced two Storm EV trims specifically developed to cater to inter and intra city requirements. In an interaction with PTI, Euler Motors Founder and CEO Saurav Kumar noted that electric volumes currently account for less than one per cent of the overall small commercial vehicles (SCV) sales in the country. He noted that the company would like to grow the overall electric SCV segment and then push for market share similar to the one it has in the electric three-wheeler vertical. "In three-wheelers, we have been able to take 20 per cent market share in the cities where we operate. We would like to take a similar kind of percentage even in the small commercial vehicle vertical," Kumar stated. Euler will first introd
The JSW group is not "withdrawing" its proposed Rs 40,000 crore electric vehicle (EV) and battery project from Odisha, a senior company official said on Tuesday. The company's announcement comes after a section of media reported that the JSW group plans to shift its EV and battery project from the eastern state to Maharashtra. Asked about media reports, Ranjan Nayak, executive vice president of corporate strategy, office of chairman and managing director said, "We are not withdrawing the EV and battery project from Odisha". The JSW group had on February 10, 2024, signed a memorandum of understanding with the Odisha government for establishment of an integrated electric vehicle and EV battery manufacturing project at an investment of Rs 40,000 crore in the state. At Naraj in Cuttack district, the JSW group had planned to set up an EV vehicle and component manufacturing plant, while at Paradip in Jagatsinghpur district, it proposed to establish a copper smelter and lithium ...
A high-level meeting held at the Prime Minister's Office on Monday stressed the urgent need to transition to electric vehicles and develop charging infrastructure in the NCR region to combat air pollution. Chairing the meeting of the task force, P K Mishra, the principal secretary to the prime minister, called for strict and timely implementation of the Graded Response Action Plan -- a set of anti-pollution measures enforced during winter -- by all relevant agencies to manage air quality effectively, a statement said. Mishra instructed the chief secretaries of Punjab, Haryana and Uttar Pradesh to rigorously enforce action plans to prevent stubble burning, ensure full utilization of crop residue management machines and support small industries in the economic use of paddy straw, it said. He stressed the importance of shifting to electric vehicles and expanding EV charging infrastructure in NCR areas. According to the statement, Mishra also encouraged states to increase their e-bus .
Fleet operators, e-commerce and quick commerce companies will be able to avail the services of myTVS, instead of buying their own vehicles
Delhi's environment department will organise an 'e-vehicle parade' at Rajghat in early October, aimed at encouraging the purchase and use of electric vehicles (EVs) in the city. Officials anticipate that over 500 EVs will participate in this event, with a registration link for interested owners to be announced shortly. A senior official from the environment department said that a tender has been issued for the event, which is expected to cost around Rs 5.76 lakh. Bids will be accepted until September 30, and the parade will be conducted within five days of awarding the tender. "The primary objective is to promote EV usage in Delhi and raise awareness about their benefits. We encourage as many EV owners as possible to join the parade," an official said. "Transitioning to electric vehicles will contribute to reducing vehicular pollution in the capital," the official stated. Environment Minister Gopal Rai, who recently resumed his role following the formation of a new cabinet, emphas
US officials are set to unveil a proposal to ban the use and testing of Chinese and Russian technology and equipment in automated driving and vehicle communications systems
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
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
Since then, there's been widespread anxiety over EVs, a phenomenon dubbed EV phobia by local media
Company will roll out Born EVs from Chakan plant by 2025
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
Case studies from Mahindra Last Mile Mobility Limited and Battery Smart also found that manufacturing and infrastructure for EVs are increasing across the region
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 ...
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
The scheme addresses the range anxiety of EV buyers by promoting the installation of electric vehicle public charging stations
Indian automaker Hero MotoCorp will be entering the UK, France, and Spain markets with its Vida e-scooters
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