Page 26 - Electric Vehicles

Top Headlines: NDTV-Adani ownership battle, sugar exports, and more

New Delhi Television (NDTV) can prevent a takeover by the group if it can buy more shares from public shareholders, corporate lawyers told Business Standard

BYD to launch e-SUV in India; here's a list of its most sought-after models

BYD has been selling the E6 MPV in the Indian market since 2021. Since its launch last year, BYD has sold 400 units of the E6

Mercedes set to lead India's luxury EV market as Tesla stays out

"Now, we are really starting our aggressive offensive into the EV market. In the next five years, 25% of our sales (in India) will be electric," Martin Schwenk said.

With EV policy in focus, Delhi to get 18,000 new charging stations by 2024

Delhi government's Department of Transport released the charging/swapping infrastructure action plan for Delhi 2022-25 on Monday, making the announcement

Auto LPG policy running on fumes as policymakers ignore fuel's potential

The government is largely ignoring this least polluting fuel in favour of diesel, petrol and electric vehicles

Naveen Jindal group weighs aluminium foray, plans depend on mine

Company sees consumption rising as electric vehicles increase and light metals become more important

Ford cuts 3,000 jobs in North America, India as it pivots to EVs, software

Rising prices for batteries, raw materials and shipping are putting additional pressure on Ford and other automakers

Delhi to have one charging point for every 15 EVs by 2024: Policy document

The Delhi government's charging plan for electric vehicles has incentives for battery swapping facility operators and one public charging point for 15 EVs by 2024, a new policy document has said. The government will also have the power distribution companies, or the discoms, studying the impact of EV charging on the grid. Delhi government on Monday released the charging action plan' for electric vehicles on completion of two years of its EV Policy that was first launched in 2020. The plan said that the biggest hindrance to the large-scale adoption of electric vehicles is inadequate charging infrastructure. Titled Charging/Swapping Infrastructure Action Plan for 2022-25', the document said that the national capital will operationalise the incentive provided to battery swapping facility operators in the Delhi EV policy. The plan said that if the battery is not sold with the vehicle, up to 50 per cent of the purchase incentive would be provided to energy operators to ensure that the

Safety, performance top concerns for electric scooter buyers: Survey

Safety and performance of electric scooters remain top concerns for customers amid a spate of fire incidents in these vehicles recently, which has prompted consumers to hold back on their plans to purchase e-scooters, according to an online survey. Moreover, the percentage of people who were not convinced about the safety and performance of an electric scooter rose to 32 per cent in August this year, compared to just 2 per cent in the same month a year ago, as per the survey conducted by online platform LocalCircles. The survey received responses from over 11,000 household consumers from more than 292 districts, with 47 per cent of the respondents from tier-I and 33 per cent from tier-II cities. The rest 20 per cent respondents were from tier-3/4 and rural districts, as per LocalCircles. One of the top concerns of the people continues to be the fires reported in electric scooters. Consumers of various brands of these vehicles have reported fire incidents, which many of the ...

Hyundai mulls speeding up construction of US EV plant amid new law

Hyundai Motor plans to roll out 17 EV models by 2030, including six Genesis models, with Kia scheduled to release 14 EVs by 2027

Top Headlines: CBDC rollout this FY, banks deal with sanctioned entities

The Reserve Bank of India is planning to introduce its Central Bank Digital Currency (CBDC) this fiscal year in a phased manner

Saudi betting on EV batteries may prompt others to announce ambitious plans

The world's oil capital, Saudi Arabia wants to go electric and get clean. To do so, it's getting its hands on minerals critical for batteries and taking a stake in the electric vehicle-supply chain

Firms rev up plans to build massive battery storage capacity to power EVs

The capacities committed will come from companies eligible for PLI as well as other players; the largest capacity currently from a single company would be 20 GWh

Ladakh rolls out EV policy with subsidies to encourage buyers: Report

The Union Territory of Ladakh has announced a new electric vehicle policy with subsidies to encourage the citizens to procure e-vehicles in order to create a carbon-neutral future, an official spokesman said on Saturday. Ladakh's Electric Vehicle and Allied Infrastructure Policy aims to transform the UT into a torch bearer in terms of the adoption of electric vehicles in the country and envisions to encourage and cultivate an EV ecosystem, the spokesman said. He said the policy entails a capital subsidy of 10 per cent on two-wheelers, three-wheelers, and four-wheelers. To encourage sustainable and eco-friendly public transport, public buses will be given a capital subsidy of 25 per cent under the policy, the spokesman said. With a view to encouraging this shift to electric vehicles, he said the administration has offered an early bird subsidy for the first year of the policy. During the first year, the percentage of the subsidy for each type of vehicle would be double of the norma

Switch Mobility sees e-bus market tripling to 6,000 units next year

Switch India has already secured an order of 200 electric double decker buses in Mumbai and is looking at a dominant space in the electric double decker segment, across key regions in the country

Electric hopes

Policy clarity needed for electric cars

EV owners fed up with the sorry state of public charging stations in US

According to a report, one out of every five respondents ended up not charging their vehicle during their visit to a public charging station

Industrial China is alive and well despite concerns of economic slowdown

Data this past week showed a dismal picture: China's industrial output rose 3.8% from a year earlier, which was below expectations, fixed investment grew slower than forecast and credit was weak

EV charging start-up Exponent Energy raises $13mn in series A funding

Exponent Energy, an electric vehicle charging start-up, said has raised $13 million in a Series A funding round led by Lightspeed and attended by institutional investors.

EV charging start-up Exponent Energy raises $13mn in series A funding

Exponent Energy, an electric vehicle charging start-up, said has raised $13 million in a Series A funding round led by Lightspeed and attended by institutional investors.