Page 17 - Electric Vehicles

Start-ups look to shake up e-car space, refresh form and functions

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

Mercedes-Benz slashes China EV prices by up to $33,000 as sales lag

The luxury automaker said in a statement on its website late Tuesday that it was reducing prices on certain models from its EQ range, effective Wednesday, and that it would provide subsidies

NMDC in talks to invest in lithium exploration companies in Australia

Investment would be voa NMDC's Perth-based arm, Legacy Iron Ore, which is already prospecting for iron ore, gold and base metals there

Indian Air Force procures electric vehicles to reduce carbon footprint

The Indian Air Force on Tuesday inducted a fleet of electric vehicles in keeping with the government's initiative on introduction of green mobility. Air Chief Marshal VR Chaudhari flagged off the first batch of 12 electric vehicles in the presence of other senior officers and staff. "In order to achieve reduction in carbon footprint and in keeping with the government of India's initiative on introduction of green mobility, the IAF has inducted a fleet of Tata Nexon electric vehicles," the IAF said in a statement. It said the force is planning to enhance the usage of electric vehicles in a progressive manner by procuring e-vehicles against downgraded conventional vehicles. "Augmentation of the e-vehicles ecosystem, including installation of charging infrastructure at various Air Force bases, is also planned. The first batch of electric cars introduced today will be deployed in Delhi NCR units for performance monitoring and analysis," it said. "To create a standardised inventory of

Top electric vehicle makers rev up projections, see higher sales

Manufacturers say 1.5 million two-wheelers could be sold in FY24

India has potential to become world leader in EV production: Report

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 ...

Hero MotoCorp opens first VIDA experience centre; commences test rides

Hero MotoCorp on Monday said it has opened its first experience centre in Bengaluru for its electric two-wheeler brand VIDA. The country's largest two-wheeler maker said it has also commenced customer test-rides of the VIDA V1 electric scooter from Monday. VIDA plans to open experience centres next in Jaipur and then Delhi with customer deliveries of the V1 scooter expected to commence from the second week of December, it added. "This experience centre is a manifestation of our vision to build experiences that create curiosity, meaningfulness and that people connect with, Hero MotoCorp , Head Emerging Mobility Business Unit (EMBU Swadesh Srivastava) said in a statement. This centre is one of the many physical assets of our omnichannel approach. Our tech-stack and physical assets are built to uplift the customer experience from just entering into a space of retail to a space where they can be part of a larger story, Srivastava said. In October , Hero MotoCorp introduced two trims

Tesla opens electric vehicle connector design to other automakers

It is half the size, twice as powerful, and has no moving parts compared to Combined Charging System (CCS) connectors

Ashok Leyland may dilute 15% stake in Switch Mobility, raise up to $250 mn

The company is raising the funds for a new plant planned in Spain

AAI to encourage induction of electric vehicles at airports, develop infra

India is among a handful of countries that support the global EV30@30 campaign, which targets to have at least 30 per cent new vehicle sales be electric by 2030

Hyundai to introduce global battery electric platform in India with Ioniq 5

Hyundai Motor India on Thursday said it will introduce its global dedicated battery electric vehicle platform in the country with its upcoming model Ioniq 5, slated to debut in the Auto Expo in January next year. The Ioniq 5 will be the company's first model in the country based on the electric Global Modular Platform (E-GMP). "With the introduction of E-GMP to India, we will be able to provide customers with advanced battery electric vehicles, derived from a platform that is modular, scalable and versatile," Hyundai Motor India MD & CEO Unsoo Kim said in a statement. Conceptualised and engineered to pivot the future transformation of electric mobility, E-GMP will usher in a new league of electric vehicles for the new age customers in India, he added. The automaker currently sells a single electric model -- Kona Electric in the domestic market. Last year, the South Korean auto major had announced plans to invest around Rs 4,000 crore to drive in six electric vehicles in India by .

Elon Musk's Tesla loses 2 years of gains amid Twitter saga, demand fears

The stock closed down 7.2% at $177.59 in New York on Wednesday, dropping to its lowest since November 2020

Covid curbs increased in China factory hub Guangzhou as outbreak balloons

In-person classes in eight of the city of some 19 million people's 11 districts will be halted from Thursday, officials said late Wednesday

Carmaker SEAT to build Spain's first electric vehicle battery plant

Spanish carmaker SEAT said on Wednesday that it plans to build Spain's first electric car battery plant as part of a 10-billion-euro investment in the country's electric car initiative. The Spanish government said last year that it would convert the country's car manufacturing industry, the second-largest in Europe, with funds from the European Union's post-pandemic recovery plan. SEAT, which is part of the Volkswagen Group, plans to build the battery plant in Sagunto, a town near the eastern city of Valencia. The company said the Volkswagen Group would also electrify SEAT's existing car plants in the northern city of Pamplona and Martorell, a town near Barcelona. SEAT President Wayne Griffiths said the 10 billion-euro investment would allow the company to make electric cars for both domestic sales and the European export market. SEAT had already committed to producing an electric car in the 20,000- to 25,000-euro (USD 20,000-25,000) range. This project will democratise access to

Retail sales of electric vehicles soar 185% to 111,971 units in Oct: FADA

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.

Qualcomm's venture capital arm planning to pick up stakes in EV startups

The company is also open to mergers and acquisitions in the auto tech space

Amazon, TVS Motor announce arrangement to scale up EV deployment

Companies will examine using electric vehicle for the network and logistical requirements of Amazon business groups

Mahindra ties up with three EV infra players for charging solutions

Mahindra & Mahindra on Wednesday said it has tied up with three electric vehicle infrastructure partners -- Jio-bp, Statiq, and Charge+Zone -- to offer charging solutions for its upcoming range of passenger electric vehicles. With these partnerships, Mahindra EV users will get seamless access to a robust fast charging infrastructure and e-mobility solutions spanning across discovery, availability, navigation and transactions, the Mumbai-based automaker said in a statement. Mahindra unveiled its first all-electric SUV -- XUV400 -- recently. Earlier this year, the company also unveiled a range of new electric vehicles in an event in the UK, which it plans to introduce in India over the next few years. "We look forward to bringing sustainable, profitable and efficient EV solutions to accelerate the mass adoption of battery electric vehicles in India, and we are delighted to have joined hands with all our partners for our upcoming range of electric vehicles in India," Mahindra & ..

EV rates will come down once lithium batteries are made in India: Minister

Dhavalikar, after disbursing subsidy to owners of EVs here, said that a tender will be floated for the installation of charging stations within the next two weeks.

French car maker Renault splits in five businesses to boost profit

Renault said it targeted operating margins of 8 per cent for 2025 and rising to more than 10 per cent in 2030, from 5 per cent expected this year