Page 53 - Electric Vehicles

Despite EV hype, will India be the last major economy to ditch auto fuels?

There are over 3 million CNG-fuelled vehicles registered in India

After Time, Financial Times also names Elon Musk its 'person of the year'

In a column, the FT's editor, Roula Khalaf, credited Musk for demonstrating that EVs could replace cars fueled by gasoline, and called him a revolutionary in the industry

TVS, BMW Motorrad expand co-operation for future technologies, EVs

The first product from this partnership will be showcased in the next 24 months, TVS said

Toyota to spend $35 bn on line-up of 30 battery electric vehicles by 2030

By 2030, Toyota is aiming for annual sales of 3.5 million BEVs, CEO Akio Toyoda told a news briefing, equivalent to around a third of its current global sales

Wider portfolio to drive EV growth for auto parts maker Minda Industries

Capacity expansion in alloy wheels will tap into premiumisation trend

EV sales in Delhi six times higher than national average: City govt

The national capital is doing everything possible to reduce its contribution to pollution, Chief Minister Arvind Kejriwal said

Cars roll on to the electric wagon: Manufacturers announce big plans

An aggressive policy push through centralised and state subsidy schemes has nudged automakers to announce plans to launch affordable EVs

EeVe India unveils Soul EV, announces Rs 1,000 cr investment in next 2 yrs

In the next five years, EeVe India aims to capture 10% market share in India's electric vehicle market

Hero Electric joins Log 9 Materials for 15-minute EV charging

The integration of Log 9's 'RapidX' batteries can fully charge Hero Electric 2W within 15 minutes

EV start-up Ultraviolette raises $15 million from TVS Motor, Zoho Corp

Firm is setting up manufacturing and assembling unit in Electronics City, Bengaluru; will use investment for production and launch of its high-performance e-bike, F77; first batch out in H1 of 2022

BMW launches iX electric SUV in India, priced at Rs 1.16 cr

BMW launched its technology flagship all-electric SUV iX in India at an introductory price of Rs 1.16 crore, first of three electric vehicles that it plans to drive in the country in the next 6 months

EV start-up Oben raises $1.5 mn to launch 100% homegrown electric bike

The one-year-old company says it will deliver its first batch of EVs in next six months

Minda Industries forms JV with FRIWO for manufacturing EV components

MIL plans to invest Rs 71 crore in one or more tranches as equity investment to partly fund the above expenditure.

Simple Energy to set up Rs 2,500-cr electric vehicle facility in Tamil Nadu

The EV maker's first manufacturing unit with a capacity to produce one million units a year

Uttar Pradesh, Delhi, Karnataka leading states in EV sales: Govt

Uttar Pradesh, Delhi and Karnataka have emerged as top three states in terms of registration of electric vehicles in India, the government said on Wednesday. In a written reply in the Rajya Sabha, Road Transport and Highways Minister Nitin Gadkari said that 870,141 electric vehicles have been registered in India. Uttar Pradesh (255,700) has the highest registered electric vehicles, followed by Delhi (125,347) and Karnataka (72,544) come in that order. The fourth and fifth spots are grabbed by Bihar (58,014) and Maharashtra ( 52,506). Gadkari said the Ministry of Heavy Industries formulated a scheme namely Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme in 2015 to promote adoption of electric and hybrid vehicles in the country with an aim to reduce dependency on fossil fuels. At present, Phase-II of FAME India scheme is being implemented for a period of five years with effect from April 1, 2019 with a total budgetary support of Rs ..

Carzonrent, Fortum entities look to roll out 965 EVs, 3,200 charging points

The partnership would culminate into a $40-45 million investment in EC charging infra and purchase of 19,000 EVs over the next five years

Mukesh Ambani ups bet on battery-swapping under agreement with Mahindra

RIL's second agreement to explore battery swapping in six months; may lead to standardisation of battery technology with OEM and fueling operator joining hands

MG Motor India to drive in electric vehicle at Rs 10-15 lakh by next fiscal

The company which currently sells electric SUV ZS EV will launch an electric crossover vehicle based on a global platform but customised for the Indian market as its next new product

Hero Electric reports retail sales of over 7,000 units in November

The company said it had sold 1,169 units in the corresponding period last year

Motherson participates in EV charging start-up Exponent's $5 mn fundraise

YourNest VC, 3one4 Capital & AdvantEdge VC doubled down on their earlier investment within 8 months