Page 30 - Electric Vehicles

Swapping batteries: How India is moving ahead with adoption of EVs

Across the Indian capital's dense localities, battery swapping stations are becoming a frequent site at local provision stores and small retail outlets

2-wheeler stocks in top gear as chip woes ease; EV transition key: Analysts

Analysts expect 2Ws to reflect strong volumes in Q2FY23 amid strong pent-up demand, and improved mobility in June quarter 2022 (Q1FY23)

EV ride-hailing firm BluSmart close to raising $250 mn from Bp, others: CEO

NEW DELHI (Reuters) - The chief executive of Indian ride-hailing start-up BluSmart Electric Mobility has said it is close to raising $250 million from investors including BP's venture capital division.

Ola Electric lays out vision; plans to launch motorcycles, SUVs, robotaxis

The SoftBank-backed company expects to turn cash-flow positive in three quarters and highlighted that it has more than 60,000 scooters on the road, according to a Kotak Institutional equities report

DMRC to soon roll out its first e-auto service; first lot of 50 from Dwarka

The decision has also been taken as the Delhi Metro Rail Corporation (DMRC) is finding running of its feeder buses "less viable" due to "under utilisation", they said.

Have made India's first indigenously made lithium ion-cell, says Ola

Mass production to begin in 2023 at upcoming Gigafactory; firm says use of specific chemistry and materials enables the cell to pack more energy, improves its overall life cycle

Ola Electric unveils indigenous Li-ion cell; mass production from 2023

Ola Electric noted that it is committed to invest in core R&D to create indigenous advanced cell technologies, strengthen manufacturing capabilities and create an integrated Ola Electric vehicles hub.

Hyundai Motor to build dedicated electric vehicle plant in South Korea

The planned EV plant is part of Hyundai Motor Group's plans announced in May to invest 63 trillion won ($49.8 billion) in its domestic businesses by 2025.

For battery makers of electric vehicles, it's go small or go home

In the quest for smaller batteries that charge extremely quickly, the startup firms are experimenting with materials like silicon-carbon, tungsten and niobium.

Murugappa Group to enter EV business, launch three-wheelers by Sept

Murugappa Group will also manufacture electric tractors this year through subsidiary

As auto industry races to go electric, battery makers eye compact designs

China dominates global EV battery production and companies like Contemporary Amperex Technology Co (CATL) are developing batteries to go farther on a single charge

Is Tata copying Adani, Reliance with its green turn?

A host of Tata companies have come together to create an EV ecosystem. Tata Power has committed a $9.5 bn investment for its renewable energy business. Let us find out more

Can Ola Electric ride over the multiple challenges and emerge stronger?

Registrations are down, and ranking too. But the player insists it is ready for the many challenges staring it in the face

M&M open to investing in EV battery cell maker to secure supplies: CEO

Mahindra on Thursday raised $250 mn from British International Investment for its new electric vehicle unit at a $9.1-bn valuation

EV sector witnessing 108% significant increase in employment, says report

A significant employment growth and an average growth in employee numbers was witnessing a 108% increase in the last two years in the electric vehicle space, says study

Global EV shipments up 79% YoY in Q1 at 1.95 mn units, Tesla leads: Report

With Tesla registering phenomenal growth over a year, the electric vehicle (EV) shipments grew 79 per cent year-on-year (YoY) in the first quarter of 2022 to reach 1.95 mn units, says a new report

M&M can beat global competitors at much lower cost of development: MD & CEO

In a Q&A, Anish Shah the valuation for the upcoming EV subsidiary is fair and the company will be rewarded adequately by investors soon

M&M, British Int'l Investment to build portfolio of five e-SUVs by 2027

At $9.1 billion valuation, BII will have a stake of 2.75-4.76% in the new EV company

Mahindra aims to lead electric SUV sales in India with new EV unit

India's EV market, dominated by Tata Motors, represents only 1% of the country's annual sales of about 3 million vehicles

Volkswagen to invest over $20 bn on EV batteries, to create 20,000 jobs

The automaker will create a new company called Power Co under CEO Frank Blome and the production at the plant will start in 2025