Page 84 - Electric Vehicles

Tata Motors unit unveils new brand identity for electric vehicles

Tata.ev reflects 'values of sustainability, community, and technology'

SnapE cabs looking to double its fleet in FY'24, expand to smaller cities

Ride-hailing app SnapE, which operates EV cabs, is planning to more than double its current fleet by the end of FY'24, and venture into smaller cities, a company official said on Tuesday. The company also plans to induct more women drivers in its workforce, said Mayank Bindal, the managing director of EC Wheels, which operates under the SnapE brand. "Besides expanding in the greater Kolkata region, which is our base, we plan to venture into smaller cities such as Bhubaneswar, Guwahati, Varanasi, Raipur, Indore, Bhopal, Jaipur and Ahmedabad over the next few years because of the potential of the untapped market," he told PTI in an interview. "We also want to provide affordable green vehicles to tourists, and are targeting the Varanasi-Ayodhya-Chitrakoot and Puri-Bhubaneswar-Konark-Chilika circuits initially," he said. The company plans to increase its fleet strength from 400 at present to 1,000 by the end of this financial year, Bindal said. "We intend to hire more women as drivers

Bullish on green mobility, Tata Motors unveils new identity for EV biz

Tata Passenger Electric Mobility on Tuesday unveiled a new brand identity as it gears up to introduce ten new battery electric vehicles by 2026. As the EV offering grows, spurred by surging consumer demand and a robust, thriving product lineup, customers expect a unique experience across all touchpoints, from the brand to the product and its ownership cycle, Tata Passenger Electric Mobility, a unit of Tata Motors, said in a statement. TATA.ev, the new brand identity for the company's electric business, is the first step towards providing differentiated and meaningful experiences for customers in the form of a collective initiative to move towards an electric future, it added. Tata Passenger Electric Mobility Head Marketing, Sales and Service Strategy Vivek Srivatsa said the automaker is entering a new era with TATA.ev. "Our new brand identity for electric vehicles underlines our commitment to accelerate the adoption of clean energy mobility solutions," he noted. With a dominating

BYD reports its weakest revenue as auto price war takes a toll in China

Revenue rose 67 per cent to 140 billion yuan ($17.8 billion) in the three months ended June, the smallest gain since the first quarter of 2022, according to Bloomberg calculations

Next EV policy to boost charging infra: Delhi transport commissioner

Delhi Transport Commissioner Ashish Kundra on Monday said the next electric vehicle policy will be focussed on enhancing the charging infrastructure and expanding the financing basket for rolling out purchase incentives. The EV policy expired on August 8 after which the Delhi government extended the Delhi Electric Vehicle (EV) Policy, 2020. Kundra was speaking at a summit on clean transport organised by the International Council on Clean Transportation (ICCT) along with the Indian G20 Secretariat. The commissioner said the government will now go in for an electrification target under which by 2025, 80 per cent of the bus fleet would be electric. He said that the newer vehicle segment that could be targeted in the next EV policy could be light and medium-duty trucks or goods vehicles that are into intra-city operations. "For instance, garbage tippers or tankers or even school buses could be thought of," he said at the event.

Hyperdrive: Here's why 'black mass' is latest buzzword for EV industry

There's growing interest in battery recycling as the global electric-vehicle industry expands, and as carmakers and Western governments aim to build supply chains that bypass China

Sugar body ISMA seeks 5% GST on flex-fuel vehicles in line with EVs

Sugar industry body ISMA on Monday sought GST rate of 5 per cent for vehicles using flex fuels, same as that on electric vehicles, in order to accelerate adoption of blending of ethanol with petrol as fuel for automobiles. Flex fuel vehicles (FFVs) use a mix of petrol and ethanol at various degrees. India has achieved E10 (10 per cent ethanol in petrol) and is targeting E20 by 2025. In a statement, Indian Sugar Mills Association (ISMA) said that presently, FFVs are levied with a GST rate of 28 per cent while the GST is 5 per cent on electric vehicles (EVs). This move will directly contribute to reducing India's fuel bill while simultaneously curbing carbon emissions from the transportation sector, it said. ISMA has made a representation to Ministry of Road Transport and Highways for a relaxation in Goods and Services Tax (GST) on FFVs. "Presently, FFVs are levied with a GST rate of 28 per cent, a notable contrast to the 5% GST rate applicable to electric vehicles. We request pari

Amazon now has over 6,000 electric vehicles in its India delivery fleet

Amazon is among many e-commerce firms and consumer goods manufacturers, that are scaling up EV deployment efforts to reduce costs and meet carbon emission targets

Economies of scale to take electric-bus penetration above 70% by 2030

India is expected to become one of the world's major electric vehicle markets by 2030, growing at a 49 per cent compound annual growth rate (CAGR) between 2021 and 2030

E-commerce, FMCG demand for electric vehicles doubles in FY24

Companies are also increasing their focus on electric commercial vehicles to save fixed operating costs and reduce logistics costs

CSM Tech, IIT-M to build autonomously driven electric race car by 2025

CSM Tech is backing Raftar, a motorsports team run by the students of IIT Madras, which has won the Formula Bharat thrice, more than any other peer

SMEV seeks clarity from Heavy Industries Ministry over refund of subsidies

Electric two-wheeler makers body SMEV on Friday sought clarifications from the Ministry of Heavy Industries about its claim for refund of subsidies from some OEMs who did not comply with phased manufacturing programme (PMP) norms. Pointing out that the basis for refund would only mean that the processing of subsidies and the official reimbursement was done faultily, it has asked for the ministry (MHI) to clarify if it intends to thus cancel all subsidy claims during this period for all OEMs (Original Equipment Manufacturers), SMEV said in a letter to Heavy Industries Secretary Kamran Rizvi. The letter also sought the legal basis for the refund amounts since they do not conform to any stated mechanism in the rules. SMEV had earlier offered a solution to the issue through recovery from customers directly which would have cleaned off the subsidy slate completely. "The Ministry is in debt to OEMs to the tune of Rs 1,200 crore. If their demand for refund of earlier paid subsidies to the

JBM Auto gears up to participate in PM-eBus Sewa scheme worth Rs 57,613 cr

JBM Auto is gearing up to participate in the recently announced scheme under which 10,000 electric buses will be deployed in 169 cities under the public-private partnership model, a top company official said on Friday. The company, which already has orders for 5,000 electric buses from across the country in its kitty, is looking to go through the policy fine print before deciding its future course of action. "We are very well positioned with our product range, manufacturing capacity and technology to execute this but definitely we are waiting for further clarity on the policy in the next few weeks," JBM Group Vice Chairman and Managing Director Nishant Arya told PTI on the sidelines of the B20 Summit here. He noted that the company is already the largest electric bus maker in the country with a manufacturing capacity of 20,000 electric buses per annum. "Having over 30 per cent market share and an order book of more than 5,000 electric buses we're delivering buses across India," Ary

JSW Group working on plans to make its own EVs, says Sajjan Jindal

JSW Group, which is in talks with MG Motor India to enter the EV space, is also working on a parallel plan to make its own electric vehicles, Chairman Sajjan Jindal said on Friday. Discussions are underway with MG Motor, Jindal said. "We are extremely serious about entering the EV space. MG would be our preferred choice. If it happens, otherwise we are also working parallely to develop our own EV cars," he said on the sidelines of B20 Summit India 2023. EV is an area where JSW Group must enter as it is the future and this is a good time to make foray into this space, Jindal said. In January, JSW Group Chief Financing Officer Seshagiri Rao had told PTI that manufacturing of electric vehicles was being discussed actively at the group level. The group was looking to manufacture electric four-wheelers, Rao had said. JSW Group has a significant presence in sectors like steel, energy, infrastructure, cement, paints, venture capital and sports.

Revolt Intellicorp returns Rs 50 cr claimed under FAME for flouting rules

Revolt Intellicorp, one of the seven companies accused of violating phased manufacturing programme guidelines under the Rs 10,000-crore FAME-II scheme, has repaid the subsidy claimed, along with interest, amounting to Rs 50.02 crore to the government. Joint Secretary in the Ministry of Heavy Industries Hanif Qureshi confirmed the repayment and said the ministry will give "a few weeks more" to six other companies found violating the Phased Manufacturing Programme (PMP) norms. He said while notices were issued to the firms after giving them a hearing, more time will be given as some of them maintain that they have not violated norms and will be required to submit documents validating their claims. Apart from Revolt Intellicorp, the six other companies found violating the norms were Hero Electric, Okinawa Autotech, Ampere Vehicles (Greaves Cotton), Benling India, Amo Mobility, and Lohia Auto. "We'll give them a few weeks more. Still giving them 2-3 chances in case they want to furnish

SMEV appoints Yulu Bikes co-founder R K Misra as new President for 2023-24

Society of Manufacturers of Electric Vehicles (SMEV) on Thursday said it has appointed R K Misra, Co-Founder of Yulu Bikes and Director at Magna Yuma, as its new President for 2023-24. The electric two-wheeler body also named Akshay Kashyap, Umesh Balani and Anadi N Sinha as Vice President, Secretary and Treasurer, respectively. Kashyap is Managing Director of Greenfuel Energy Solutions; Balani is Managing Director of Rotomag Group; Sinha is Director, Group Corporate Affairs at UNO Minda. Last month, SMEV had temporarily suspended its present constitution while appointing former BJP spokesperson Sanjay Kaul as its Chief Evangelist to help revise the agenda of the association. Kaul will continue in his role as Chief Evangelist.

Revolt repays Rs 50 crore to govt, PMP violators begin compliance

Last year, the MHI commenced an investigation into alleged PMP guideline violations based on whistleblower complaints

Tata Power, Zoomcar join hands to push electric vehicle adoption in India

The collaboration aims to promote Tata Power's EZ Charge points on the Zoomcar platform and will focus on supporting existing and aspiring EV owners along with Zoomcar's existing customers

Revolt Motors launches limited edition RV400 electric motorcycle: Details

The limited edition RV400 is available in stealth black colour and comes with high-end golden upside-down front forks

China's Xiaomi wins state planner nod to make EVs amid glut in autos

While NDRC's nod brings Xiaomi closer to mass production of EVs more than two years after it first announced the plans, the venture still needs clearance from the Ministry of Industry and Information