Page 43 - Electric Vehicles

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'

Rapido to convert Delhi bike-taxis to all-electric fleet by next year

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

Chhattisgarh govt to get 240 e-buses in a boost to green initiative

The e-bus service will commence soon in Raipur, Bilaspur, Durg-Bhilai, and Korba

MG Motors' new EV battery leasing plan: How does it work?

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 supports EU's tariffs on Chinese exports of electric vehicles

Italy is aiming for a climate of positive cooperation, and real reciprocity to avoid dumping and obstacles from Beijing

Statsguru: New schemes to boost EV adoption, align with climate goals

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

Claims of ICE vehicle demise self-serving: Bajaj Auto's Rakesh Sharma

Sharma talks about Bajaj's mega electric vehicle play

E-bus drive set for boost, but delay in tendering poses challenge

PM E-DRIVE and PSM schemes instil confidence among e-bus manufacturers

Warivo enters high-speed e-scooter segment, eyes Rs 120 cr topline in FY25

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

New EV scheme offers Rs 10,000 for 2-wheelers, Rs 50,000 for 3-wheelers

The new scheme fixes past FAME issues, addressing problems with imported vehicles and improper subsidy claims for domestically produced EVs

PM E-DRIVE brings relief to EV industry, but lacks FAME-level incentives

Subsidy reduced because they can't be sustained indefinitely: MHI

2-wheeler EV buyers can avail subsidy of Rs 10,000 in 1st yr of PM E-DRIVE

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