As of now, Tata Motors Tiago EV priced between Rs 8.49 lakh and Rs 11.79 lakh is the most affordable e-car in India
Manufacturers say 1.5 million two-wheelers could be sold in FY24
India has the potential to become the world leader in electric vehicles production, a research by Berkeley National Laboratory and UCLA said, underlining that making the transition from diesel-fuelled trucks to electric-charged will enable the country to meet the goal of net zero greenhouse gas emissions by 2070. India imports 88 per cent of the oil it uses and of the total petroleum consumed by the country's transport sector, nearly 60 per cent used by freight trucks. A study by the Department of Energy's Lawrence Berkeley National Laboratory (Berkeley Lab) and University of California, Los Angeles (UCLA) on Monday revealed that electric trucks would be more affordable to operate than diesel and India could become a world leader in producing electric vehicles. The transition will also help India reduce its reliance on imported oil, improve the air quality, and meet the goal of net zero greenhouse gas emissions by 2070, the study said. Electric trucks would be instrumental in ...
The sales of electric two-wheelers saw an impressive 44% jump in October from the previous month. Latest sales data suggests that the Indian EV market is witnessing a consolidation now. Here's more
The overall retail sales of electric vehicles (EVs), including passenger vehicles, in the country surged nearly 185 per cent year-on-year to 1,11,971 units in October, automobile dealers' body FADA said on Wednesday. EV sales stood at 39,329 units in October 2021. The total passenger EV sales rose 178 per cent to 3,745 units in October 2022 as against 1,346 PEVs retailed in the same month a year ago. Electric commercial vehicle sales grew 125.64 per cent to 274 units, as per the data released by the Federation of Automobile Dealers Association of India (FADA). Electric two-wheeler sales in October 2022 stood at 73,169 units as compared to 19,826 units in the same month of 2021, registering a year-on-year growth of 269.06 per cent. Electric three-wheeler sales jumped 92.87 per cent to 34,793 units as against 18,040 units in October 2021.
The company is also open to mergers and acquisitions in the auto tech space
India's EV charging infrastructure is accelerating, with more public EV charging stations coming up
The company sells three models of Ola electric scooters, Ola S1, Ola S1 Pro and Ola S1 Air
Supply-side glitches, impending govt regulations, fires, and delay in FAME II subsidy handout have forced start-ups to mothball ramp-up plans
The first stage of investment will roll out this year for a new factory in Rajasthan, where vendor units will invest another Rs 400 crore
Such direct contracts will assist the carmaker in getting cheap power
Hero MotoCorp's consolidated net profit fell by 8.63 per cent YoY to Rs 682.28 crore in the second quarter of FY23 amid weakening rural demand
Luke on Thursday launched Gogoro in India with a pilot project in collaboration with ZyppElectric
Civil aviation minister Jyotiraditya Scindia had in September said that over 90 per cent airports in the country achieve carbon neutral status by 2024.
India has about 84,600 fuel retail outlets, of which 8,900 offer alternative fuels such as CNG, auto LPG or EV charging facilities
The coastal region, which borders Hong Kong, has built hundreds of thousands of public charging points - the EV equivalent of gas pumps - over the past few years
Nearly 70 per cent of these charging stations have been set up at Delhi Metro parking areas where EV users can easily park their vehicles for charging, Kejriwal said while inaugurating 11 stations
CARE Ratings reaffirmed ratings on the existing bank facilities of M&M with stable outlook.
Start-ups manufacturing electric two- and three-wheelers have alleged they are not getting subsidies under the second phase of the FAME II scheme
Atto 3 can be charged from 0 per cent to 80 per cent within 50 minutes, and it has a range of 521 km. It can reach 0 to 100 km/h acceleration in 7.3 seconds