Vadodara-based electric vehicle (EV) maker Wardwizard Innovations & Mobility on Thursday signed an initial pact with the Gujarat government to invest Rs 2,000 crore to develop an EV ancillary cluster by 2024. The proposed investment will be on research and development of electric two-and three-wheelers, setting up a motor assembly unit at the company's Vadodara manufacturing facility, lithium-ion (li-ion) cell production and the development of ancillaries for raw material manufacturing, Wardwizard Innovations & Mobility said in a statement. The initiative is expected to generate over 5,000 employment opportunities in the state, it said. According to the company, the agreement will help in fostering the growth of the EV industry and align with the government's vision of enhancing green mobility in the state. "This memorandum of understanding (MoU) solidifies our commitment to electric mobility," Yatin Sanjay Gupte, Chairman and Managing Director of Wardwizard Innovations & .
To reach anywhere close to the 30% target, BYD will have to introduce affordable electric cars that can generate substantial volumes, and back it up with a strong network
With traditional combustion-engine cars, mileage and years racked up can quickly tell prospective buyers how much they should fork out
Though the main goal of the policy is to curtail air pollution by promoting electric vehicles (EVs), there are some apprehensions
The company's spending is, however, expected to return to the $7 billion and $9 billion range in the next two years, a regulatory filing showed
If successful, Toyota said that solid-state batteries will double the range of EVs up to 1,200 km, and the charging time will be 10 minutes or less
The implementation of a universal charging standard by the government would allow users to charge their EVs at any available charging station nationwide
The UK government has asked India to allow exporting a limited number of fully assembled EVs to India with no customs duty
The Delhi government has extended its existing electric vehicle policy till December 31 this year, Transport Minister Kailash Gahlot on Saturday said. Gahlot said the Cabinet has approved the extension of the existing policy and all incentives including subsidies under it will continue. "Delhi Cabinet led by CM @arvindkejriwal has given its approval to extend the existing Delhi Electric Vehicle Policy till 31.12.2023 or till notification of Delhi EV policy 2.0 whichever is earlier. "All incentives including subsidy under the existing policy shall continue. Delhi EV policy 2.0 is in final stages and after necessary approvals shall be notified soon," Gahlot posted on X. The minister had earlier told PTI that the Electric Vehicles Policy 2.0 would look at incentivising the retrofitting of vehicles considering its high cost. People want to convert their IC (internal combustion) engines into electric ones. The process is expensive. For converting a normal Gypsy, it takes almost Rs 5-6
All the incentives including subsidies under the existing policy shall also continue in this extension period
A central air quality panel announced on Friday that starting November 1, only electric, CNG and BS VI-compliant diesel buses will be allowed to operate between Delhi and cities and towns in Haryana, Uttar Pradesh and Rajasthan falling within NCR. This measure aims to combat air pollution caused by diesel-powered buses operating in the region, with the ultimate goal of transitioning to electric vehicles. The announcement was made by the Commission for Air Quality Management (CAQM) In an effort to reduce pollution levels, the Centre had announced in April 2020 that all vehicles sold in India must comply with Bharat Stage-VI (BS-VI) emission standards. Bharat Stage emission standards set legal limits on the amount of air pollutants, such as carbon monoxide and particulate matter, that vehicles in India can emit. These standards focus on improving emission control, fuel efficiency, and engine design. As vehicle manufacturers provide vehicles that meet these new norms, oil companies .
The slump in the gas distributor's stock rubbed off on peers Mahanagar Gas and Gujarat Gas, while EV-maker Olectra Greentech advanced
More than 1,500 bike taxi drivers have written to Delhi Lieutenant Governor V K Saxena demanding that they be given the same timeline for conversion to electric vehicles as their counterparts in delivery services. The letter came a day after Delhi Chief Minister Arvind Kejriwal approved a scheme for the regulation and licensing of aggregators providing passenger transport services and delivery service providers in the national capital. The scheme also paves the way for bike taxis and mandates that the aggregators should on board electric two-wheelers for passenger services. The file pertaining to the Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme 2023 has been submitted to the lieutenant governor's office, according to an official statement. According to the letter written by the drivers, "The scheme essentially states that only electric bike taxis would be allowed to run in Delhi and bike taxis of other fuel types would become illegal to operate. By notifying
As many as 8,417 units were sold in Maharashtra in September. Bajaj Auto's contribution was 4,048 vehicles and that of TVS was 3,389
Servotech Power Systems Ltd (SPSL) on Wednesday said it has inked an agreement with IIT-Roorkee to develop onboard e-chargers for battery-operated two-, three- and four-wheelers. Another pact with the premier institute aims to develop rectifier units that find applications through imports, SPSL said in a statement. "SPSL has signed two memorandums of understanding (MoUs) with IIT Roorkee to develop state-of-the-art rectifier units for CCS2 chargers and onboard EV chargers for two, three and four-wheelers," the statement said. The rectifier unit is an integral component of the CCS2 (combined charging system) charger that is currently imported and the collaboration will boost domestic manufacturing capabilities and promote the growth of the domestic EV industry. Onboard chargers for electric vehicles are compact and lightweight chargers designed to be mounted directly on the two-, three- and four-wheelers, eliminating the need for a separate charger. "The company will now be ...
Hon Hai built its success as a behind-the-scenes producer of consumer electronics gear for companies from Apple and Amazon.com Inc. to HP Inc. and Sony Group Corp
General Motors will delay electric pickup truck production at a factory near Detroit due to slowing US demand for electric vehicles, to better manage its capital investments, and to make some engineering changes. The company said in a statement Tuesday that the factory in Orion Township, Michigan, will instead start making electric Chevrolet Silverado and GMC Sierra pickups in late 2025. Originally the company had planned to start production sometime next year. GM spokesman Kevin Kelly said the change has nothing to do with the ongoing four-week partial strike by members of the United Auto Workers union. What's happening in the marketplace does play a factor, said Kelly, who added that the company wants to make engineering changes that will improve the trucks' profitability. About 1,000 workers at the Orion plant will keep building the Chevrolet Bolt hatchback small electric car and Bolt electric utility vehicle through the end of this year as planned, the company said in a ...
Banerjee said that Ceat is focusing on specialty tyres, whether for agricultural use or other segments
Tata Motors sees an eventual split in the platforms for its conventional engine and electric passenger vehicles in order to make future products unique and remove the handicap of developing EVs on traditional platforms, according to its Global Head of Design, Martin Uhlarik. With electrification and connectivity fast gaining momentum, he also said interiors of cars of the future could become more "like a home" driven by minimalistic approach, as sophisticated customers seek material comfort, simplicity and ease of use. "We see an eventual splitting of ICE (internal combustion engine) and EV, which is simply driven by the platform. If EV has to carry over an ICE architecture, it will always be handicapped in terms of its full potential, in terms of range, in terms of battery layout," Uhlarik told PTI. Converting EV on an ICE product platform, which has provisions such as the traditional transmission tunnel and firewall, has limitations, he added. "So if you want to do a proper EV or
One reason for the rush to increase capacity is that automakers do not want to miss the bus on electric vehicles