Page 98 - Electric Vehicles

Looking for long-term partner for EV biz: M&M exec director & CEO Jejurikar

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

MG Motor launches cheapest 'Comet EV' in India, starting at Rs 798,000

The Comet EV is the second electric vehicle in MG Motor India's portfolio and comes with futuristic and user-friendly Smart technologies

One in five cars sold globally this year will be electric, says IEA

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, Zypp join hands to deploy 100K e-scooters for last-mile delivery

Zomato says association will enable it to 'significantly reduce carbon emissions'

Zypp Electric to deploy 100,000 more e-scooters for Zomato by 2024

The plan is a part of Zomato's plan to go completely electric by 2030

The rise and fall: Auto LPG runs on fumes, sales down 82% since FY19

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

JSW Group in talks with MG Motor, BYD India for electric vehicle push

MG Motor India unveiled its compact EV Comet, which has a range of 230 km per charge, last Wednesday

Mahindra LMM holds ground-breaking ceremony of EV facility in Telangana

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. ...

Ola Electric and Ather Energy's e-scooter prices to include the charger

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

30% of our sales could come from EVs in FY24: MG Motor India President

Comet will be MG Motor's second EV in the Indian market

Tata Motors to JBM: Bus makers shun govt contracts over payment concerns

Prime Minister Narendra Modi's government wants to deploy 50,000 electric buses countrywide over the next few years which is estimated to cost $12 billion

Log9 commissions country's first commercial Li-ion cell manufacturing line

The company launched the commercial Li-ion cell production facility at its campus in Jakkur, Bengaluru; the plant has an initial capacity of 50 MWh

Chile to nationalise vast lithium industry, unveils model to share resource

Shock move in country with world's largest lithium reserves would in time transfer control of Chile's vast lithium operations from industry giants SQM and Albemarle to a separate state-owned company

Toyota's new president Koji Sato vows to step up electric vehicle push

Toyota's new president Koji Sato has promised what he called an aggressive shift on electrification, while acknowledging criticism that Japan's top automaker has fallen behind in actual volumes of electric vehicles sold compared to its rivals. We like to see that as people cheering Toyota on, to play catchup in electric cars, Sato told reporters Friday at Toyota Motor Corp.'s Tokyo headquarters. If we look at in practical terms of the situation today, we have done a great deal in reducing carbon emissions, he said, defending the automaker's record on other gas-sipping technologies. Toyota is a leader in hybrids, which have both a gasoline engine and electric motor, and Sato stressed that different markets have varying powertrain needs, with emerging markets being slower to adopt pure electric vehicles. But he said pure electric vehicles allow for more software functions because of their connectivity and other features, stressing that Toyota's electric vehicles would highlight ...

Ford's F-150 leaves tough choices for buyers seeking EV tax credits

Dozens of other electric cars and trucks didn't make the cut, either because they aren't manufactured in the US or don't use American parts and pieces

Tata Nexon EV catches fire in Pune, company blames headlamp replacement

A Tata Nexon EV caught fire in Pune and the company said the incident occurred due to the replacement of the original headlamp at an unauthorised workshop, according to media reports

Jaguar Land Rover revs up for electric race; can it meet its 2030 target?

JLR aims to become electric-first luxury carmaker, to invest 15 bn pounds over next 5 years

Street positive on JLR's electric vehicle strategy, sales outperformance

Higher volumes needed to offset the near term pressure on financials

A breakthrough in EV battery tech

Sodium-ion battery offers a potential low-cost alternative to lithium-ion battery for India and presents an opportunity to achieve energy independence

PFC okays largest-ever Rs 633 cr EV financing facility to BluSmart Mobility

In the largest EV asset financing deal in India, the Power Finance Corporation Ltd (PFC) sanctioned a loan of Rs 633 crore to Gensol Engineering Ltd (GEL)