Hero Electric claimed that its vehicles were fully in compliance with the FAME certification in the subject period
Govt's punitive action leads to a big dent in registrations
The certification was compulsory for manufacturers from April 1, 2023, if they wanted subsidies under various EV-promotion schemes
M&M aims to make 200,000 EVs a year around 2027
The top 50 cities where Gogoro wants to operate account for 25 per cent of all the two wheelers - around 60 million
Some Indian electric vehicle (EV) makers are facing a probe for alleged non-compliance with the standards required to be eligible for FAME-II subsidies because of insufficient domestic value addition
Bajaj Auto Ltd is ramping up production of its electric scooter Chetak to touch around 10,000 units a month by June, having overcome supply chain constraints as it gradually expands the sales network of the brand, according to a senior company official. The company plans to have around 150 exclusive outlets for the Chetak electric scooter by September, and is taking a calibrated expansion keeping in mind the uncertainty over the extension of FAME II scheme for promotion of electric vehicles beyond this fiscal. "We are trying to get to 10,000 (units) by June. It is a supply chain issue," Bajaj Auto Executive Director Rakesh Sharma said here on the sidelines of opening of an exclusive Chetak showroom. The company has reached 5,000 units at present and next month, it will try to get to 7,000 units, he said, adding after that Bajaj Auto would assess how the demand is coming to plan future production roadmap. Sharma said the company had faced problems earlier due to over dependence on .
Concerns regarding strict domestic value addition (DVA) clauses in the scheme have been addressed in the SOPs
IOCL's 'tyre battery accessories' marketing concept aims to make its 36,000 pumps one stop shop for vehicle owners.
Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles. Stellantis on Wednesday said it's offering buyouts to groups of white-collar and unionized employees in the U.S., as well as hourly workers in Canada. The cuts are in response to today's increasingly competitive global market conditions and the necessary shift to electrification, the company said in a prepared statement. Stellantis said it's looking to reduce its hourly workforce by about 3,500, but wouldn't say how many salaried employees it's targeting. The company has about 56,000 workers in the U.S., and about 33,000 of them could get the offers. Of those, 31,000 are blue-collar workers and 2,500 salaried employees. Another 8,000 union workers in Canada also will get offers, the company said. Stellantis, formed in the merger of Fiat Chrysler and France's PSA Groupe, says in a statement that it's reviewing its North .
The two-door Comet EV offers a range of 230 kilometers on a single charge, while Tata's four-door Tiago EV has a range of 250-315 km
We had already re-engineered our ICE portfolio to meet the norms. We needed to sell a small number of EVs to meet the target for 2022-23, says Rajesh Jejurikar, executive director, M&M
The Comet EV is the second electric vehicle in MG Motor India's portfolio and comes with futuristic and user-friendly Smart technologies
Over half of electric cars on the road so far worldwide are in China, which also dominates global battery production and was responsible for 60% of electric car sales in 2022
Zomato says association will enable it to 'significantly reduce carbon emissions'
The plan is a part of Zomato's plan to go completely electric by 2030
The sales of LPG cars have seen a steep decline of 82 per cent in the past five years. In the financial year 2023 (FY23), only 23,618 units were registered as against 1,28,144 units registered in FY19
MG Motor India unveiled its compact EV Comet, which has a range of 230 km per charge, last Wednesday
Mahindra Last Mile Mobility (LMM), a part of Mahindra & Mahindra (M&M), on Monday held a ground-breaking ceremony for a new manufacturing unit at its existing plant here. Telangana Minister for Industries K T Rama Rao was the chief guest, a press release from the automaker said. The initiative is pursuant to the announcement of the Rs 1,000 crore investment in Telangana that M&M made in February this year. With this new facility, the company aims to build a state-of-the-art battery assembly line, producing power packs and manufacture electronic as well as drivetrain components for electric 3 and 4-wheelers, it said. The facility would also create employment for 800 to 1,000 employees in the region. Rama Rao, said EVs are a focus area for the Telangana Government which is committed to develop the right infrastructure and ecosystem for promotion and adoption of electric vehicles. "This new facility will help in proliferation of EVs not just in Telangana but across India. ...
The two companies are complying with a direction from the Department of Heavy Industries, which said failure to do so could result in the suspension of the subsidies they receive on each scooter