The duo even built their own battery packs ground up, employing technologies one usually associates with applications in aerospace and consumer electronics
Foreign companies are more visible on technology side while domestic players like RIL-BP have plans only on paper
The investment will fuel the company's foray into new electric vehicles in three wheelers and bicycle product lines
ICRA said modality of vehicle financing in a battery-swappable model, where core battery is owned/leased by a third party and financiers only have control over residual vehicle, is another challenge
India more charged on first World EV Day; ABB, Green TV initiative comes at a time when best in tech available in the country
Sohinder Gill, director general, Society of Manufacturers of Electric Vehicles, said delinking of batteries from EVs is a good idea, however, a lot needs to be done before it becomes implementable
While improvements in mileage and battery capacity have been made and are ongoing, issues of high price points and availability of charging infrastructure are also being addressed
SMEV Director General Sohinder Gill said the move to delink batteries from EVs is a good idea
Battery, which accounts for 30-40% of the total cost of a vehicle, could be provided separately.
The report also said it expects 9 per cent penetration by 2024-25 in the two-wheeler segment and with the right macroeconomic environment, the number can further go up to 16 per cent
Support from Centre on alternative fuel technologies and batteries holds key
Mohit Sharma started Oye! Rickshaw in 2017, when the market for electric three-wheelers had just begun to take off
Any long-term slowdown in two-wheeler sales will not bode well for the national plan to electrify India's vehicles, says industry veteran
TiE, in collaboration with travel tech firms Ixigo and Gogobus, took a bunch of start-up founders, investors and journalist on a bus tour, with panel talk planned on board the vehicle
Renewables means savings on power and that means an even stronger case for electric mobility
Two engineers seek to replace lithium and cobalt batteries imported from China with indigenous aluminium ones, which are cheaper and more efficient on mileage
Hopes to launch full-size SUV MG Gloster by Diwali 2020, and have four products in the market in one-and-a-half years of its operations in India
In the four wheeler segment, however, the traction is expected to remain low with EV sales accounting for just 5 per cent of the new sales, it noted
More than half the passenger vehicles sold in India last year cost $8,000 or less, according to BloombergNEF
This number is more than the total number (1,071) of electric cars sold in India in calendar year 2019. MG has stopped registrations for the ZS and will cater to 2,409 of the total bookings