In the absence of a specific policy push and incentives, launching models at a price point that is within the bounds of an average car buyer is still some distance away
Bengaluru-based EV maker Simple Energy, which launched its maiden e-scooter offering Simple One across 13 states this month, is looking to manufacture an electric four-wheeler as part of its future product range, its founder and CEO Suhas Rajkumar has said. As part of its short-term plans, the start-up is readying to launch a business-to-business (B2B) product by this year-end besides an e-bike by next year in addition to a new powertrain in the next one to one-and-a-half year, he said. "We are looking at going multiple and we are looking at obviously a four-wheeler as our future planning. We have a vision that is there. That is the reason we are increasing our R&D (research and development) team as well," Rajkumar told PTI. Emphasising that as a company it wanted to grow with multiple product offerings, he said, "We are just not looking at improvising the current product offering. We want to introduce into different sections in the automobile itself." He, however, said the ...
After electric vehicles (EVs), solar panels and energy storage systems, Elon Musk-run Tesla is now planning to sell electricity directly to consumers in the US.
New electric vehicle factories, funded by investors who have snapped up newly public shares in companies such as EV start-up Lucid Group Inc are boosting demand.
Cutting duties on electric vehicles even to 25% would not pose a "big threat" to domestic players, says German carmaker's India head
For imported EVs with a value of less than $40,000, the govt is discussing slashing the tax rate to 40% from 60% presently, say officials aware of the development
If any country is going to meet its net-zero emissions targets in the next 30 years, more needs to be done to clean up road transportation
Analysts also believe an import duty cut on EVs will spur growth and help create a market for high-end vehicles
Globally, China was the largest market for electric two-wheelers in 2020, followed by Vietnam and India
Customs duty is not the way to fast lane
This is a vehicle that is top of the charts on the electric category of SUVs, for now
Tesla showed signs this week of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China
Tesla posted record vehicle deliveries in the second quarter, and the price increases in North America boosted quarterly profits to a record.
Musk recently said that his electric vehicle (EV) company wants to launch cars in India, but the country's import duties on EVs are "highest in the world by far"
Last year, a report said that India has taken a slew of measures to promote the use of electric cars in the country
The VW Group firm launched its maiden EV brand e-tron today
The Municipal Corporation of Gurugram (MCG), is working under the pilot project 'Parivartan' to establish an electric vehicle zone in an upscale area of Gurugram.
Tesla on Thursday introduced a cheaper version of the Model Y in China, where it faces increased scrutiny from both regulators and the public and growing competition from local rivals.
Vandana Gombar assesses the green energy plans of Reliance, NTPC, Tata and Ola
Renault Chief Executive Luca de Meo said Renault planned 10 new electric models by 2025