Page 12 - Ev Market
7 electric bikes catch fire at Pune showroom, overcharging suspected
In yet another fire incident involving electric vehicles (EVs) in the country, at least seven electric bikes caught fire at a showroom here reportedly due to overcharging.
 "7 electric bikes catch fire at Pune showroom, overcharging suspected")
Swapping batteries: How India is moving ahead with adoption of EVs
Across the Indian capital's dense localities, battery swapping stations are becoming a frequent site at local provision stores and small retail outlets
 "Swapping batteries: How India is moving ahead with adoption of EVs")
EV ride-hailing firm BluSmart close to raising $250 mn from Bp, others: CEO
NEW DELHI (Reuters) - The chief executive of Indian ride-hailing start-up BluSmart Electric Mobility has said it is close to raising $250 million from investors including BP's venture capital division.
 "EV ride-hailing firm BluSmart close to raising $250 mn from Bp, others: CEO")
Have made India's first indigenously made lithium ion-cell, says Ola
Mass production to begin in 2023 at upcoming Gigafactory; firm says use of specific chemistry and materials enables the cell to pack more energy, improves its overall life cycle
 "Have made India's first indigenously made lithium ion-cell, says Ola")
Murugappa Group to enter EV business, launch three-wheelers by Sept
Murugappa Group will also manufacture electric tractors this year through subsidiary
 "Murugappa Group to enter EV business, launch three-wheelers by Sept")
M&M can beat global competitors at much lower cost of development: MD & CEO
In a Q&A, Anish Shah the valuation for the upcoming EV subsidiary is fair and the company will be rewarded adequately by investors soon
 "M&M can beat global competitors at much lower cost of development: MD & CEO")
Tata Motors targets five-fold rise in electric vehicle sales by FY24
Will look to sell 100K units by next year, said Tata Motors chairman N Chandrasekaran
 "Tata Motors targets five-fold rise in electric vehicle sales by FY24")
TVS Motor rises 2% on firm's big EV push; stock up 10% in 5 days
In the past five days, the stock price of Chennai-based auto-maker soared over 10 per cent, as against 1.6 per cent rise in the S&P BSE Sensex.
 "TVS Motor rises 2% on firm's big EV push; stock up 10% in 5 days")
Foxconn likely to set up EV manufacturing unit in India through Foxtron
Buzz is that the company may look at the Ford India unit near Chennai for its new facility; sources say group was already betting big in EV components through Bharat FIH
 "Foxconn likely to set up EV manufacturing unit in India through Foxtron")
Jaipur-based Batt:RE inaugurates new e-scooter Stor:ie at Rs 89,600
The price is ex-showroom, excluding the subsidy amount provided by the central as well as state governments, the company said
TMS Ep171: Gig worker shortage, EV policy, markets, sedition law
Why is India facing a shortage of gig workers? Will India's policies help it win the EV race? Will summer cheer hydrate consumer durable stocks? What is sedition law? All answers here
 "TMS Ep171: Gig worker shortage, EV policy, markets, sedition law")
Will India's policies help it win the EV race?
Ford scrapped its EV plans in India. Tesla is also exploring options in Indonesia after haggling with India over duties and tariffs. Let's find out if India's EV policies require some tweaking
 "Will India's policies help it win the EV race?")
Ola Electric edges rivals to claim top spot among Indian e-scooter firms
Ola Electric has grabbed the top spot in the fast-growing electric vehicle (EV) market in India, in just five months of launching its first e-scooter.
India's largest EV charging station for 4 wheelers opens in Gurugram
India's largest electric vehicle (EV) charging station with a capacity of 121 charging points for 4 wheelers, has been opened here in Sector 86
 "India's largest EV charging station for 4 wheelers opens in Gurugram")
Ford set to announce plans to run EV, ICE as separate businesses: Report
The two units will have separate names but will remain under the Ford corporate umbrella.
 "Ford set to announce plans to run EV, ICE as separate businesses: Report")
Tesla reportedly planning to launch its own in-car App Store
Even as Musk backs Epic Games and calls Apple's App Store, 'a de facto global tax', it's said that Tesla is working on its own rival, reports AppleInsider
 "Tesla reportedly planning to launch its own in-car App Store")
India close to finalising incentives under new battery swap scheme: Report
The policy will initially focus on battery swap services for electric scooters, motorcycles and three-wheeled auto rickshaws
 "India close to finalising incentives under new battery swap scheme: Report")
Buy Tesla stock as the EV maker 'checks all the boxes,' says Credit Suisse
The analysts wrote that they expect Tesla shares to recover from their recent pullback, supported by strong fundamentals including volume growth and sustained margin strength
Oye Rickshaw plans to deploy over 100,000 e-rickshaws this year
Matrix Partner-backed EV mobility firm Oye Rickshaw on Tuesday said it is planning to deploy over 1,00,000 e-rickshaws and expand operations to 25 new cities by this year.
 "Oye Rickshaw plans to deploy over 100,000 e-rickshaws this year")
Why India's EV sector is torn between swappable and integrated batteries
Electric vehicle makers and service providers are grappling with the question of whether swappable or integrated batteries should drive the electric future
 "Why India's EV sector is torn between swappable and integrated batteries")