Page 3 - Electric Vehicles In India

Govt vehicles to be replaced with EVs in Himachal Pradesh: Officials

The government of Himachal Pradesh has decided to replace all diesel and petrol-run vehicles with electric-run vehicles in government departments in a phased manner during the next five years

All charged up: 5 bidders in fray for India's largest electric bus tender

18 bids received for electric buses in eight slots based on bus size, specifications and state transport undertakings

M&M to invest Rs 10,000 cr to set up plant in Pune for upcoming EV range

Mahindra & Mahindra Ltd on Wednesday said it will invest Rs 10,000 crore in the next 7-8 years in the manufacturing and development of electric vehicles at Pune, Maharashtra. The investment of Rs 10,000 crore for electric vehicles has been approved under the Maharashtra government's industrial promotion scheme for electric vehicles, M&M said in a regulatory filing. "The company, through its subsidiary, will make investments of approximately Rs 10,000 crore over a period of 7-8 years for setting up the manufacturing facility, development, and production of Mahindra's upcoming Born Electric Vehicles (BEVs)," it added. Some of these BEVs were showcased in Oxfordshire, UK, on August 15, 2022, it added. These electric SUVs are based on the INGLO EV platform and will be launched under the XUV brand and the all-new electric-only brand 'BE'. M&M Executive Director, Auto & Farm Sectors Rajesh Jejurikar said, "The government's focus on 'ease-of-doing-business' and progressive ...

Move to block Rs 1,100 crore subsidy for EV players arbitrary, says SMEV

Manufacturers had already been passed on subsidy amounts to customers, can't sustain any further and are planning go stop operations

Cell manufacturer Godi India announces new technology to improve EV range

Silicon-based cells can store nearly ten times energy, give an electric vehicle greater range

Bharat Forge: Diversification, lower input costs should reap benefits

Bharat Forge is the largest exporter in forgings components globally, with around 60 global customers and about 68 per cent of its revenue from exports

Union Budget 2023 may announce sops for domestic EVs and storage solutions

Custom duty exemptions being provided for lithium-ion cells for making phone battery packs could be extended to EV batteries and energy storage solutions as well

Not worried about being late in launching e-scooter: Yamaha India Chairman

Eishin Chihana tells Business Standard that his company wants to ensure quality and safety first

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal

Plans to roll out electric two-wheelers in every segment in the next 12 months

IIT Madras launches electric racing car; mulls driverless vehicle by 2025

The racing car will be featured at student-led formula championships like Formula Bharat in India in January and Formula Student Germany next August

Toyota launches second hybrid vehicle in India amid green car push

Green investors have criticised the world's largest carmaker by sales for slowness in moving its product line-up to all-electric, battery electric vehicles

Pravaig launches electric SUV Defy at Rs 39.5 lakh; deliveries next year

Electric mobility startup Pravaig Dynamics on Friday launched a sports utility vehicle Defy, tagged at Rs 39.5 lakh (ex-showroom) to compete with the likes of Audi e-tron and Mercedes Benz EQC . The Bengaluru-based company has commenced the bookings of the model and deliveries are expected to begin from the third quarter of next year. The company aims to produce 10 lakh units by 2028 and cater to both domestic and international markets. "At the beginning we will try to address the domestic market and will look at exports in 2024," Pravaig Chief Strategy Officer Ram Divedi told PTI in an interaction here. In the long run 70 per cent of the production would go into the overseas markets, he added. Divedi said Defy is more affordable to own than other competing products in the market. The SUV comes with a driving range of around 500 km and 402 BHP power, he added. Pravaig, which has a manufacturing plant in Bengaluru, plans to commence production with a few thousand units and scale

EV company Motovolt Mobility raises Rs 16 cr in per-series A funding

The funds raised will primarily be used for new product introduction, marketing initiatives, and growing Motovolt's presence through more retail points pan India

Ultraviolette unveils India-made F77 electric motorcycle for Rs 3.8 lakh

Company says bike has the most advanced battery pack in the industry

Ather Energy takes on Ola, Okinawa, opens second manufacturing facility

Firm is in also in talks with various state govts to set up a third plant, which when completed, is likely to have a capacity of a million units a year

Ather Energy may venture into making electric motorcycles: Co-founder

'It took us a long time because we started at a time when nobody even believed that electric vehicles would become possible. It was an uphill battle for us'

iVOOMi introduces new variants of electric 2-wheeler with increased speed

EV company iVOOMi Energy has introduced new variants of e-scooters for its model S1 with increased speed for consumers in India

EV company Ather Energy lines up aggressive expansion plan in Tamil Nadu

Electric two-wheeler maker Ather Energy on Sunday said it has drawn up plans to set up 150 fast-charging grids in Tamil Nadu by the end of the current financial year. The company recently inaugurated its first experience centre in Salem under its move to expand retail footprint in the state. With the inauguration of the experience centre, Ather Energy has nine retail stores in Tamil Nadu. "There are plans to expand its retail footprint to 15 stores and add 150 fast-charging grids in the state by the end of current financial year," a company statement said here. "Ather Energy has experienced an encouraging response from across the state for its scooters. With a high rate of EV adoption and growing acceptance for high-end electric two wheelers, Tamil Nadu is an important market for Ather Energy," chief business officer Ravneet Singh Phokela said. "We have created an electric vehicle that is efficient, high quality and reliable from the ground up and have invested strategically in the

Make or buy: Electric vehicle makers' supply chain dilemma in India

With China dominating this space, companies have a critical decision to make as the market steadily expands

EV start-up Chargeup raises $7 million in pre-series A1 funding round

The EV market in India is expected to grow aggressively from 2 million to 80 million vehicles by 2030 as per government estimates