Page 3 - Electric Mobility

HOP Electric Mobility to invest up to Rs 200 cr for capacity expansion

HOP Electric Mobility plans to invest up to Rs 200 crore in next one year on new products, setting up charging infrastructure and in creating additional production capacity, according to company Founder & CEO Ketan Mehta. The startup, which on Monday launched its high-speed electric-motorcycle HOP OXO with prices starting at Rs 1.25 lakh, is also setting up an electric vehicle park at Neemrana in Rajasthan, jointly with its component suppliers. "Cumulatively, till now we've invested close to Rs 50 crore in this business and going forward we are ready to put in up to Rs 200 crore in less than next 12 months," Mehta told PTI. The fresh investments will go into setting up of charging network for the company's products, which will later be opened up to other brands. The investments will also be used on new products, including upgrading of HOP's low-speed electric scooters to high speed, besides the EV park which will also have a new production unit, he added. The new plant at Neemrana

Is the stage set for an EV boom in India?

Electric vehicles are set to take India by storm. Foreign as well as domestic companies have lined up a host of variants. The stage is set for the electric vehicle revolution in India. Here's more

How will EV adoption affect auto component makers?

Transition to EVs is one big step towards turning to non-polluting machines. But how will this transition affect the auto component sector which depends on internal combustion engines? Let us find out

EVs need the spark of regulation in India to accelerate transition: Experts

Mandated battery standards are becoming imperative if India is to accelerate the transition from traditional vehicles

Tata Motors wins case against firm that won contract to supply e-buses

Tata Motors had challenged the tender Brihanmumbai Electric Supply & Transport awarded to Evey for supplying 2,100 electric buses

Govt probe panel finds safety flaws behind electric two-wheeler fires

The expert committee has found that the EV manufacturers offered no mechanism to identify overheating of cells and isolate failed battery cells

Fire incident at Mangalore showroom due to short circuit: EV maker Okinawa

This is the second such incident occurring at the Gurugram-headquartered EV maker's showroom in the recent past as earlier in April this year one of its outlets in Tamil Nadu was engulfed in flames

Tata Motors to supply 10,000 XPRES-T EV units to BluSmart Electric Mobility

The deployment of 10,000 units makes this the biggest ever EV fleet order in India

Electric vehicles to drive auto capex up by Rs 70,630 crore in 5 years

The auto component industry, which has traditionally relied on engine parts for the bulk of its business, is ready for the electric shift

Powering a range of devices to give specially-abled a sense of independence

Chennai-based startups use EV and augmented alternative communication to offer solutions that allow their special customers to lead much more normal lives than they could otherwise

BGauss Auto to invest Rs 40 cr to double electric two-wheeler manufacturing

The company plans to have five to six products in the high-speed electric scooters segment after two years

Electric vehicle maker Omega Seiki Mobility appoints Nida Khanam as CHRO

The company employs around 350 employees with 20 people in the leadership role, Omega Seiki Mobility (OSM) said, adding that it plans to scale up its workforce by 2,000 people by the next fiscal year

TMS Ep172: Power outages, Campbell Wilson, markets, EV range anxiety

How are power outages affecting Indian industries? Why did Tata Sons choose Campbell Wilson to lead Air India? How have asset classes fared in 2022? What is range anxiety among EV buyers? All answers

Log9 Materials joins Indeanta Ventures for rapid charging battery tech

The two partners have signed a memorandum of understanding for a long-term partnership, under which they will work together for the next 3 years to jointly deploy over 15,000 RapidEVs

Cochin Shipyard to build first indigenous hydrogen-fuelled electric vessels

Inaugurating a workshop on Green Shipping, Sarbananda Sonowal said the project will be carried out by the CSL in collaboration with Indian partners

Tata Motors has global ambitions for electric vehicles: N Chandrasekaran

Tata Sons Chairman N Chandrasekaran stresses the automaker's global plans for its EVs over the next three years

TVS Motor partners Rapido to expand reach in mobility, hyper-local segments

TVS Motor Company on Wednesday said it has entered into a strategic partnership with on-demand delivery and mobility platform, Rapido for mobility and growth

Electric three-wheeler market: Can Bajaj Auto storm in and become king?

The company is set to launch its range of electric auto rickshaws in June and hopes to replicate its success in ICE three-wheelers

Moment of reckoning for electric two-wheeler makers?

Around 1,000 employees of Unacademy were laid off recently. Experts believe, it was trying to control cash burn after hiring to meet ambitious targets. So what is the road ahead for ed-tech sector?

TMS Ep147: Edtech sector, electric two-wheelers, IT sector Q4, KYC

What's stressing India's edtech sector? Moment of reckoning for electric two-wheeler makers? Will the IT sector deliver a stellar show in Q4? What is KYC? Find all answers here