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
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
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
Wang is visiting Europe for talks on the EU's anti-subsidy case against Chinese-made EVs ahead of a vote on more tariffs
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
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 Auto, TVS and Hero Motocorp collectively grab nearly half the electric two-wheeler market share in the second half of September till 17th
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
Both companies have undercut the previous lowest price in the category, which stood at Rs 1,10,000
'Will bring together cost attitude of Tata Motors with the design and sophistication of JLR'
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