Ola had planned to launch e-sports car this year
Hyundai Motor India on Wednesday said it has tied up with Charge Zone to set up charging infrastructure for electric vehicles. As per a Memorandum of Understanding (MoU), Charge Zone will install DC 60 kW fast chargers across 100 Hyundai dealerships in India. The strategic partnership aims to aid the expansion of public EV charging infrastructure in the country, Hyundai Motor India said in a statement. These public EV charging stations will also provide convenience to all EV users for intercity and intracity travel considering the locations of dealerships across cities and highways, it added. "As India aims for greater adoption of electric mobility, it is equally important to bolster the EV charging infrastructure to counter range anxiety and build customer preference towards adoption of electric mobility," Hyundai Motor India Function Head - Corporate Planning Jae Wan Ryu said. Strategic alliances are crucial for accelerating the adoption of electric mobility solutions by custome
Union Budget 2024: Finance Minister Nirmala Sitharaman announced the government will soon conduct the first round of offshore mineral auction round under the Critical Mineral Mission
To be leaders on the AI front, Aggarwal elucidated that the country needs the government and the industry to adopt AI applications
In July, their combined share surges past Ola's
The government's support to the EV industry has been through direct subsidy on the price of the vehicle through FAME, PLI and now the EMPS scheme aggregating to over Rs 59,000 crore
Mobility sector's growth path set to accelerate to 25% by FY30: Deloitte
These cells would be manufactured from its newly set up Ola Gigafactory in Krishnagiri, Tamil Nadu
Solid-state batteries are expected to offer improved safety, a longer lifespan and faster charging compared with conventional lithium-ion batteries that use flammable liquid electrolytes
Ola Electric is eyeing a $6-7 billion valuation through the offering
Ola Electric IPO: The the first public offering by an EV startup in India includes an offer-for-sale component of 95.2 million shares
Expected IPOs in the coming months include those of Ola Electric, FirstCry, Waaree Energies, Fincare Small Finance Bank, Bansal Wire Industries, NSDL, among others
Starts trial run with 4680 battery cells
Sebi's approval, coupled with a buoyant market, could potentially enable the company to launch its IPO within a month
As many as 15 suppliers have shown an interest in localising operations within the PLI timeline
Kaynes would manufacture the chips based on Ola's design
The S1 X range comes with the requested physical key and caters to customers with different range requirements
Ola gained market share because its decline was much lower than the industry average
Ola Electric slashed the prices of its entry-level scooter S1 X by Rs 5,000 to Rs 10,000 across variants
Beyond the buzz of Ola and Tata, Hosur ignites India's electric evolution, quietly