Page 25 - Electric Vehicles

Peel Works to procure 100 EVs, replace delivery vehicle fleet to electric

Business-to-business commerce player Peel Works is probably the first firm that is planning to replace its entire fleet of fossil fuel-based delivery vehicles with electric ones and procure 100 EVs in the first phase. Peel Works, a Mumbai-headquartered B2B (business-to-business) grocery e-commerce company, is in talks with Piaggio, Tata Motors, Mahindra and Greaves for procuring 100 EVs (electric vehicles) for its distribution business. It operates the retail management platform, Taikee, and Manpower, Payroll management and Logistics as service platform 1SF. "We have plans to shift entirely to EVs (electric vehicles). As of now, in the first phase, we are planning to take 100 EVs ahead of this festival season. If it went well then we will go for more EVs deployment," the company's co-founder and supply chain Head, Lt Col Pushkar Raj (Retd) told PTI. He further told that the company is in talks with Piaggio, Tata Motors, Mahindra, and Greaves to procure 100 EVs (light goods vehicles

Sharp rise in e-scooter registrations, penetration close to inflexion point

Ather Energy leads with a 4x increase in registrations in August; Hero Electric crosses the 10,000 mark once again, after a gap of over four months

Investment in cell manufacturing to exceed $9 billion by 2030: ICRA

'The annual battery demand for stationary applications is also likely to grow at a rapid pace and be substantial'

Road ministry amends battery safety norms, to come into effect from Oct 1

Concerned over cases of fire incidents observed in electric two-wheelers, the road transport ministry has introduced additional safety provisions in the battery safety standards which will come into effect from October 1, according to an official release. The amendments include additional safety requirements related to battery cells, on-board charger, design of battery pack, and thermal propagation due to internal cell short circuit leading to fire. The notification to mandate amended standards for the respective categories of electric vehicles with effect from October 1, 2022, is in progress, the release said. In April this year, cases of electric two-wheelers of manufacturers such as Ola Electric, Okinawa Autotech and PureEV catching fire were reported. It prompted the government to form a panel to examine. "Based on the recommendations of the expert committee report, the ministry on August 29, 2022, has issued amendment to AIS 156- Specific requirements for motor vehicles of L

Ashok Leyland bags order for supplying 1,400 school buses in UAE

Indian company says deal win by distribution partners 'reaffirms faith' in its buses

Top Headlines: Q1 GDP growth misses estimates; Sony-Zee merger, and more

India's economy grew below expectations at 13.5 per cent in April-June 2022-23 (Q1 FY23), despite the low base of the equivalent period of 2021-22

E-scooter makers at 'inflexion point'; August registrations up by over 10%

Spurt was led by Ather Energy that saw fourfold increase in registrations

TMS Ep249: Q1 GDP estimates, EV adoption, RIL stock, Sec-194R of IT Act

What do Q1 GDP estimates say about the economy? How will EV adoption affect auto component makers? When will RIL stock hit the Rs 3,500 mark? Why Sec-194R of IT Act has confused people? Answers here

Electric vehicles on Indian roads to touch 50 mn-mark by 2030: KPMG

The total number of electric vehicles on Indian roads is likely to touch 5 crore by 2030, presenting an enormous opportunity for players in the charging ecosystem, according to a report by consultancy firm KPMG. A large increase in electric vehicles (EV) sales is anticipated in India due to favourable factors on demand, supply and regulatory front despite a low penetration level of about 1 per cent currently, KPMG said in its report -- Electric vehicle charging the next big opportunity. According to the report, India's electric mobility story is rapidly evolving, with EVs gradually entering the mainstream, resulting in a three-fold rise in EV sales over the last fiscal year. The growth is currently being led by two-wheeler (2W), three-wheeler (3W), and bus segments. "As of March 2022, the number of EVs on Indian roads had surpassed one million. This number is likely to grow to 45-50 million EVs on road by 2030," it said. This presents an enormous opportunity for players in the EV

Ather Energy plans to open 150 Experience Centres across India by Mar '23

Electric scooter manufacturer Ather Energy has inaugurated its third experience centre in the city as it aims to strengthen its presence in the country, the company said on Tuesday. The new retail outlet was inaugurated on the Old Mahabalipuram Road (popularly known as IT Corridor) and would sell the company's latest flagship products 450X at Rs 1.57 lakh and 450 Plus at Rs 1.35 lakh (ex-showroom) Chennai. Ather Energy has 49 retail outlets in 38 cities. The company plans to expand to 100 cities with 150 Experience Centres by March 2023, a company statement said here. "Tamil Nadu has emerged as a hub of electric vehicle manufacturing in India and Chennai is one of the key markets for Ather in the state," company chief business officer Ravneet S Phokela said. "We are confident that the improved Ather 450X will attract more EV enthusiasts in the city and the new experience centre will help us cater to this rising demand," he said. The new Experience Centre has been launched in ...

China's BYD Auto pips Tesla to become top-selling EV brand globally

Global passenger electric vehicle sales grew 61% to reach 2.18 million units in the second quarter this year, a new report said

Mahindra launches new cargo electric 3-wheeler Zor Grand for Rs 3.6 lakh

Mahindra Electric Mobility Limited (MEML), part of the Mahindra Group, has launched its all-new cargo electric three-wheeler Zor Grand. The vehicle is priced starting at Rs 3.60 lakh, ex-showroom Bengaluru. Mahindra has 12,000-plus bookings of the Zor Grand through Memoranda of Understanding with logistics companies like Mahindra Logistics, Magenta EV Solutions, MoEVing, EVnow, Yelo EV, and Zyngo, a company statement said.

India's shaky energy security and growing dependency on foreign fuels

New Delhi is yet to announce a comprehensive and detailed policy across the energy spectrum to tackle this very real threat to economic growth

Ashok Leyland adds to Bada Dost range, will launch e-LCVs in six months

With superior power, mileage, payload, load body length and loading space, the Bada Dost i1 and Bada Dost i2 help customers earn more profit per trip

E-scooters to hit 5% of two-wheeler mkt in FY23: Greaves Electric Mobility

Greaves Electric Mobility projects that sales of electric scooters will balloon to 700,000 units in FY23 from 250,000 units in FY22

Top Headlines: RIL AGM today; Suzuki Motor to set up EV battery unit & more

Reliance Industries (RIL) will hold its 45th Annual General Meeting (AGM) via video conferencing today at 2 pm on Monday, August 29

Suzuki Motor to invest Rs 18K cr for setting up EV battery unit, car plant

During an event at Mahatma Mandir in Gandhinagar on Sunday, Modi laid foundation stones for the EV battery unit at Hansalpur and Maruti Suzuki's upcoming manufacturing plant in Kharkhoda, Haryana

Future of electric vehicles sector bright in India, says PM Modi

Prime Minister Narendra Modi on Sunday said that the future of the electric vehicles sector in India appears bright

Mumbai's iconic double-decker buses all set for comeback in electric avatar

Mumbai's iconic double-decker buses are set for a comeback in an electric avatar with a Brihanmumbai Electric Supply and Transport Undertaking official stating that their numbers will match the highs of the 1990s by next year. The financial capital is the last urban area where these double-deckers are still running, though they were once found in robust numbers in Kolkata, Bengaluru, Delhi, Thiruvananthapuram and Chennai, among other cities, officials said. According to officials, BEST had the highest number of double decker buses in 1990, before the figures started dipping post 1995. By 2006, the city's premier road transport utility had 225 double-deckers as losses began to mount and operating costs went north. There are some 50 left in Mumbai, most of these plying in the southern part of the city and some being used to give heritage tours to tourists. This existing batch was introduced in 2007 and would soon go off the roads at the end of their codal (operational) life, officials

Punjab CM Mann approves draft of EV policy, promises cash incentives

Punjab Chief Minister Bhagwant Mann on Saturday gave nod to a draft of new electric vehicle policy which proposes waiving of registration fee and road tax and cash incentives for buying electric vehicles. Mann in an official statement said the draft policy aims at reducing environmental pollution by checking carbon emission through promotion of electric vehicles. According to the draft policy, EVs will be pushed in the state's major cities such as Ludhiana, Jalandhar, Amritsar, Patiala, and Bathinda which collectively have more than 50 per cent of the state's vehicles, the statement said. The new draft policy envisages registration of 25 per cent more electric vehicles in these cities, Mann said. He said electric charging points infrastructure will be set up across the state for private and public electric vehicles. Mann also said it will be the government's focus to establish the state as a hub for manufacturing EVs, their components, and electric batteries. A centre of excellen