The clean vehicle push comes at a time when Centre is looking to cut emissions and pollution in major cities while also reducing its oil import bill
Maruti Suzuki also displayed its range of 'sustainable' cars like the WagonR Flex Fuel prototype, Brezza S-CNG and Grand Vitara Intelligent Electric Hybrid at the Expo
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Overall, 37,000-38,000 luxury cars were sold in the country last year
Brokerages are neutral on the stock given near term challenges and valuations
SIAM, which organises the event, said the Auto Expo will explore the automobile industry's vision of futuristic green tech
Moreover, the company said that it has a goal of converting 50 per cent of its global pickup and delivery vehicle purchases to electric by 2025, with that increasing to 100 per cent by 2030
Even as some mainline brands are conspicuous by their absence, India's biggest automobile event is for petrolheads
Tata Motors will commercially introduce Ace EV in 10 cities, starting with Delhi, Pune and Mumbai, followed by Bengaluru, Hyderabad and Chennai
Tata Motors on Monday kicked off customer deliveries of the electric version of its mini truck 'Ace' with price starting at Rs 9.99 lakh (ex-showroom). Initially, the company will commercially introduce the electric mini truck in ten cities, starting with Delhi, Pune and Mumbai followed by Bengaluru, Hyderabad and Chennai, Tata Motors Executive Director Girish Wagh told reporters here. The first fleet of 25 vehicles of the Ace EV was delivered to e-commerce, FMCG and courier companies, and their logistics service providers, including Amazon, Delhivery, DHL (Express & Supply Chain), FedEx, Flipkart, Johnson & Johnson Consumer Health, MoEVing, Safexpress and Trent Ltd. The homegrown auto major had unveiled the Ace EV in May last year and signed pacts with leading e-commerce players such as Amazon, BigBasket, City Link, DOT, Flipkart, LetsTransport, MoEVing and Yelo EV, to supply the vehicle with orders for 39,000 units at the time of unveiling. Asked about the current order ...
State-owned CESL on Monday said it has invited bids to lease out 3,500 electric vehicles for a period of up to 5 years. The bids have been invited from original equipment manufacturers (OEMs)/leasing agencies/NBFCs for leasing the 4-watt battery-based cars to various departments and autonomous bodies across 18 states and Union Territories for a tenure of 3-5 years, the company said in a statement. These states/UTs include Delhi, Maharashtra, Gujarat, Uttar Pradesh, Kerala, West Bengal, Haryana, Assam, Odisha, Rajasthan, Madhya Pradesh, Bihar, Goa, among others. Convergence Energy Services Limited (CESL) will charge a service fee for making available the aggregated demand for cars. "The demand for replacement of fleet is increasing very significantly. I hope that through the design of appropriate structures, we are able to meet that need and involve other stakeholders. We urge OEMs and leasing agencies to participate in this project and together build the ecosystem for a total ...
By the year end, Ola Electric will have moved from 50 hyper chargers now to 1,000
Tesla already cut prices in China last year to boost sales as competition heats up in both the mass and premium segments
Renault is studying launching a made-in-India electric version of its Kwid hatchback, the people told Reuters
The ASKA A5 is the world's first four-seater flying car that can travel by road, and up to 250 miles by air on a single charge
Ministry of Heavy Industries has already initiated the process to find out the quantum of subsidy claimed without meeting the localisation commitments by EV makers in India
Mercedes-Benz says it will build its own worldwide electric vehicle charging network starting in North America in a bid to compete with EV sales leader Tesla. The German luxury automaker said at the CES gadget show in Las Vegas on Thursday that it will start building the North American network this year at a total cost of just over 1 billion euros (USD 1.05 billion). When completed in six or seven years, the network will have 400 charging stations with more than 2,500 high-power plugs, the company said. Networks in Europe and China and other markets will follow, with completion of the full network by the end of the decade, when the company intends to sell all electric vehicles depending on market conditions. The full network will have more than 2,000 charging stations and over 10,000 plugs worldwide, Ola Kllenius, chairman of Mercedes-Benz's management board, told reporters. The company said the Mercedes-branded network will be open to owners of all electric vehicles, but Mercedes
It is a mixed bag for clean tech in 2023. The number of charging stations and solar installations are set to rise, but higher battery prices could delay EV adoption
CAFE scores are designed to encourage carmakers to focus on technologies that reduce CO2 emissions
The new car will be sold first in the US in 2026 and pre-orders are said to open in 2025, reports The Verge