Page 29 - Electric Vehicles

Moto Business Service to manage electric vehicles of Chennai-based FullFily

Moto Business Service India, a leasing firm of Yamaha Motors, announced a partnership with Chennai-based FullFily, marking its foray into electric two and three-wheelers asset management services

eBikeGo to set up manufacturing plant through subsidiary Vajram Electric

The facility will develop powertrain as well as multiple product portfolios for both domestic and international markets, eBikeGo said in a statement.

Top Headlines: Inflation impact on India Inc profit, new SEZ law, and more

The early-bird results for the April-June 2022 quarter hinted at a decline in earnings, even as corporate revenue continued to grow at a fast clip

India's battery storage potential to be 600 GWh by 2030: Niti report

India will have a battery storage potential of 600 gigawatt hour (GWh) by 2030, and demand for electric vehicles, stationary storage and consumer electronics will mainly drive adoption of battery storage, a Niti Aayog report said. The report further said a coherent regulatory framework incentivising all stakeholders to participate in the recycling process will help in the development of a battery recycling ecosystem in the country. "Based on our analysis, the total cumulative potential for battery storage in India will be 600 GWh by 2030 considering a base case scenario and with segments like EVs and consumer electronics projected to be major demand drivers for the adoption of battery storage in India," it said. According to the report, the current deployment of lithium-ion batteries (LIBs) in India is dominated by consumer electronics, which comprises smartphones, laptops, notebooks, tablets and is further expected to grow with the digitalisation of platforms and the integration

Exploration, imports, private firms: India's search for lithium spreads out

'White gold' need for electric car batteries is scarce in the country and getting expensive internationally

Tesla rally a $1-billion headache for its army of shorts: Report

Shares of the company wrapped up a seven-day winning streak to close at $815.12, the highest level since May 6

The missing link: India's EV revolution is waiting for charging stations

The scarcity and poor viability of charging stations remains a major obstacle to the government's green mobility ambitions

Tesla could start Cybertruck deliveries in mid-2023, says Elon Musk

After getting delayed several times, CEO Elon Musk has now said that its electric vehicle company Tesla could start deliveries of its upcoming Cybertruck in mid-2023.

Top carmaker Maruti Suzuki hopes govt will support green tech beyond EVs

India's taxes on hybrid cars range as high as 43%, compared to the low rate of 5% for EVs, which also stand to benefit from billions of dollars in incentives to companies that build them domestically

e-Scooter maker Ather says high costs pushing back profit timeline

Indian electric-scooter maker Ather Energy said a surge in raw material costs and supply chain disruptions were delaying the company's path to profit despite high demand for its vehicles

Maruti takes the road to electrification with strong hybrid Grand Vitara

Grand Vitara will go on sale in September with prices expected to start at Rs 9.5 lakh

Blackrock, Mubadala to invest in Tata's renewable arm via rights issue

Unlisted firm Tata Power Renewables Energy plans to raise Rs 6,000 cr; Both Blackrock and Mubadala had invested $525 million this April for 10.5% stake

Over 1.3 mn electric vehicles in use in India: Centre tells Lok Sabha

The government told the Lok sabha that a total of 1.3 million electric vehicles are in use across the country

Godi India to bring out first domestic made lithium-ion cell by August

Signs public private partnership deal with CSIR-CECRI to run an advanced Lithium-ion cell manufacturing unit in Chennai; plans to invest $3 billion over next five years

TI Clean Mobility to acquire 65% in IPL Tech Electric for Rs 246 cr

The deal would be done through a combination of primary and secondary purchases of shares

Indian, Israeli companies sign MoU to produce aluminium air batteries

Leading Indian and Israeli companies have teamed up to create cutting edge aluminium-air batteries for Electric Vehicles that could make its adoption easier in India by extending its driving range without the need for charging infrastructure, reduce battery imports, and also give a boost to the Atmanitbhar Bharat initiative by enhancing energy security. Aditya Birla Group's metal flagship, Hindalco, has signed an MoU with Phinergy, a leading Israel-based pioneer in metal-air battery technology, and IOC Phinergy Private Limited (IOP) - a joint venture between Phinergy and Indian Oil Corporation, to create aluminium-air batteries for electric vehicles (EVs), a joint press release by the companies said on Monday. According to the MOU, Phinergy and IOP will partner exclusively with Hindalco in India on R&D and pilot production of aluminium plates for Aluminium-Air batteries, and recycling of aluminium, after usage in these batteries. In the Aluminium-Air battery, developed by ...

General Motors' Mary Barra confident of taking on Tesla in EV fight

The economy is a bit wobbly, but General Motors CEO Mary Barra isn't backing off of an audacious prediction: By the middle of this decade, her company will sell more EVs in the US than Tesla

Did Buffett and Munger see the one wrinkle in BYD's stellar performance?

After years of sitting on an over 20 per cent stake in China's BYD Co, Warren Buffett's Berkshire Hathaway may be mulling an exit

Ola CEO Bhavish Aggarwal dwells on plans to build electric sports car

Ola Electric aims to become a vertically integrated e-mobility player across two-wheelers and passenger cars; sees a $1 trillion opportunity at a volume of 155 million units

Ola CEO shares plan on sports car, upcoming update for e-scooters

Ola Founder and CEO Bhavish Aggarwal has announced that his company is planning to bring a new electric sports car for Indian consumers.