Page 14 - Ev Market

Korean EV maker Edison to invest up to Rs 5,000 cr in UP, create 5,000 jobs

Project to be set up in three phases; company is scouting for land near Lucknow and Yamuna Expressway

M&M eyes strategic partnership in EV biz, no Covid impact on launch plans

The auto major, which reported a 94 per cent decline in consolidated profit at Rs 54.64 crore for the June quarter, also said there is no impact of Covid-19 on its EV launch plans

RR Global to invest Rs 125 cr in electric scooters business in three years

Company says it has identified 108 cities in southern and western India-the two regions it will focus on first--for setting up distribution centres for its scooters

Tesla's new long-life batteries may bring EVs cost in line with petrol cars

For months, Tesla Chief Executive Elon Musk has been teasing investors, and rivals, with promises to reveal significant advances in battery technology during a "Battery Day" in late May.

India's EV dream: Does buying an electric car today really make sense?

The running cost of electric vehicles is lower, but there is a high upfront capital investment. Lack of charging infrastructure is another impediment

In top gear: Govt set to prop up EV market with VC funding for start-ups

Rs 15 bn funding is to be available to new players entering the space