Page 4 - Electric Vehicles

India should aim for 100% electric two-, three-wheelers by 2028: Kant

Former Niti chief dwells on need for first-loss guarantees and blended finance to boost private capital flow; calls for installing 5 mn fast chargers, urges battery swapping and PLIs for localised mfg

In a bid to boost sales, Tesla cuts EV prices in US for the second time

Elon Musk-owned Tesla has slashed the prices of its EVs across its lineup in the US for the second time, which might be in an effort to boost sales before the end of the quarter

BYD's $18 bn rout shows fallout of price war among EV makers in China

Traders are growing wary about BYD's prospects after the electric vehicle maker's dealers slashed prices of some models to boost sales

Nearly 80% of targetted 1 mn e-two-wheelers sponsored under FAME so far

In the eleven months of FY23, some 649,000 E2Ws were sold at an average of 59,000 units a month. E2W made up more than 60% of the overall 1.04 million EVs sold so far

Yogi Adityanath govt to exempt EV buyers from tax, registration fees

In a bid to promote electric vehicles in the state of UP, CM Yogi Adityanath's govt has decided to do away with road tax and registration fees on its purchase for three years from October 14, 2022

Matter's electric bike to be priced between Rs 1.43 lakh and Rs 1.54 lakh

Ahmedabad-based Matter will be competing with players such as Ola Electric and Ultraviolette in the electric motorbike segment

Batteries, metals and a supercycle

Lithium prices have softened this year, but the market balance is impacted by multiple developments

Tesla Superchargers now open to other EVs at 'select sites' in US

Elon Musk-run Tesla has officially begun allowing other electric vehicles to fuel up at some Supercharger stations in the US

Global CO2 emissions rose less than initially feared in 2022: IEA

Global energy-related carbon dioxide emissions rose by under one per cent in 2022 -- less than initially feared -- as the growth of solar, wind, EVs, heat pumps and energy efficiency

Innovative techniques and smaller factories to help cut costs: Tesla

Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories. CEO Elon Musk and other executives outlined the goals during a 3 1/2-hour investor day presentation at Tesla's Austin, Texas, headquarters Wednesday as they presented the company's third master plan. The changes could bring the cost of a new generation of vehicles to around $25,000. Many investors were hoping to catch a glimpse of the next generation vehicles, but Musk said they wouldn't be shown until a proper product unveiling. We'd be jumping the gun if we answer your question, about the new vehicles, he told an analyst. Shares of Tesla fell nearly 6% in after-hours trading during the presentation that ended just after 8 p.m. Eastern time. Musk announced that Tesla plans to build a new factory in Mexico near Monterrey. Company executives said it will not take production from any other factories, where Tesla expects to expand ...

Olectra Greentech's India's first e-tipper receives roadworthiness nod

Olectra Greentech Limited, a group company of Megha Engineering & Infrastructures Limited (MEIL), on Wednesday announced that India's first 6x4 heavy-duty electric tipper from its stable received the country's first homologation certificate from automobile regulatory agencies. The electric tipper is now roadworthy, adhering to all the Central Motor Vehicles rules and the first order for 20 e-tippers is in the final stage of discussions, the firm said adding that the company is shortly going to launch variants of the e-tipper and electric truck. "The Olectra e-tipper is India's first certified heavy-duty electric tipper engineered and manufactured in-house. The first order for 20 e-tippers is in the final stage of discussions. We are shortly going to launch variants of the e-tipper and electric truck. It is just the beginning of our journey, Olectra Greentech chairman and managing director K V Pradeep said. The e-tipper was put through intensive tests under various conditions to ...

Ola, TVS, Ather account for 60% 2-wheeler EV registrations in 2023

Registrations in February slowed compared to the previous months, partly because of the FAME-II subsidy issue and also because there were fewer days in the month

Delhi's Feb EV sales dip 13% month-on-month to 4,838 units, hit six-mth low

Down 40% since all-time high of 8,154 units in October 2022

Nissan raises global electrified car sales targets; to boost US input

Nissan now aims to have electrified vehicles - which include its advanced hybrid e-power cars - make up over 55% of global sales by fiscal 2030, up from a previous goal of 50%

Nissan Motor Co raises global EV target; to increase US localisation

Nissan now aims to have electrified vehicles - which include its advanced hybrid e-power cars - make up over 55% of global sales by fiscal 2030, from a previous goal of 50%

Low penetration of electric cars in India? Hybrids may be the answer

In India, it's the hybrid market that Maruti Suzuki is understandably targeting

Uncertain future for EV dealers as manufacturers face subsidy halt

Many are considering shutting shop as supplies are down to a trickle and operational costs exceed revenues

Top headlines: Modi, Scholz discuss ties; Ant Group to pare stake in Paytm

Business Standard brings you the top headlines at this hour

Demand for lithium batteries to surge over 5-fold; EVs to fuel further

From smartphones to laptops, from medical equipment to electric cars, lithium-ion batteries are providing portable electricity across electronic gadgets and power tools

Explainer: How lithium reserves can help speed up India's EV dream

As India gears up to boost electric vehicle adoption, the massive find of lithium reserves in the country has brightened up the prospects for the country in the field of EV battery cell manufacturing