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 ...
Union Heavy Industries Minister Mahendra Nath Pandey on Wednesday said the government is working on establishing charging infarstructure across the country
A range of options and easy buying terms tilt the scales in favour to e-scooters; electric cars, on the other hand, are too expensive currently
A few have found investors willing to hand over billions to fund their journey
As many as 13 states, including Andhra Pradesh, Delhi and Karnataka, have approved or notified dedicated policies to promote the adoption of electric vehicles (EVs), Parliament was informed on Monday. In a written reply to the Rajya Sabha, Minister of State for Heavy Industries Krishan Pal Gurjar said that as per information received from the Automotive Research Association of India (ARAI), battery is an important part of electric vehicles and it is estimated that battery price is around 30-40 per cent of the vehicle price. "Thirteen states (Andhra Pradesh, Delhi, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, Meghalaya, Gujarat, West Bengal) have approved/notified dedicated EV policies to promote adoption of electric vehicles," he said. In a separate reply, he said the National Electric Mobility Mission Plan (NEMMP) 2020 is a national mission document providing the vision and the road map for the faster adoption of electric vehicl
The country's age-old, protectionist instincts have kept out international auto companies for decades.
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The top reason for buying an EV is environmental concern
Nomura believes that if new players' vehicles sell well, multiples of incumbent OEMs like Hero MotoCorp and Bajaj Auto may de-rate
EV solutions provider Magenta announced setting up of the country's largest public EV charging station in Navi Mumbai as part of its plans to provide 4,000 charging facilities by March next year.
The recently announced EV incentives by India along with high fuel prices will be supporting factors for stronger adoption over 2020-2023, leading to an average annual growth rate of 26%, Fitch said
The electric scooter is now priced at Rs 1,00,777 in Delhi
The electric vehicles scheme of Delhi government was launched last year aiming to reduce fuel-running vehicles up to 25 per cent by 2024.
With one-fourth the range of gasoline powered vehicles on a full tank, EVs have seldom been the primary vehicles of choice and evoke, what is called, "range anxiety"
Bounce has crossed six million km on its electric scooters fleet, using a network of kirana owners, who have enabled over 150,000 battery swaps
Ola Hypercharger Network will also be the densest network, spread over 400 cities with more than 100,000 charging points
Society of Manufacturers of Electric Vehicle (SMEV) on Thursday said sales of EVs in India fell 20 per cent in the financial year 2020-21 to 2,36,802 units
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Most American car-makers have failed in making their gambit one to watch