Page 63 - Electric Vehicles
Piaggio, KTM, Honda and Yamaha set up swappable batteries consortium
Piaggio said it had set up a consortium with Honda Motor Co., KTM AG and Yamaha Motor Co. to encourage the use of swappable batteries for electric motorcycles and light electric vehicles.
 "Piaggio, KTM, Honda and Yamaha set up swappable batteries consortium")
Volkswagen CEO says smart cars, not electric cars, are 'gamechanger'
Diess spoke as environmental pressure on the auto sector is ramping up, with the European Commission in July proposing an effective ban on the sale of new petrol and diesel cars from 2035
 "Volkswagen CEO says smart cars, not electric cars, are 'gamechanger'")
RevFin Services looks to raise around $40 mn via securities this fiscal
RevFin Services Pvt Ltd plans to raise around USD 40 million through debt and equity by the end of this fiscal to accelerate its lending, according to a top company official
 "RevFin Services looks to raise around $40 mn via securities this fiscal")
Govt revamps incentives for autos to boost EVs, hydrogen fuel cells: Report
India has revised its proposed $8 billion scheme for the auto sector which will now focus on incentivising companies to build electric and hydrogen fuel-powered vehicles
 "Govt revamps incentives for autos to boost EVs, hydrogen fuel cells: Report")
Mahesh Babu joins Ashok Leyland EV business, COO Nitin Seth resigns
Babu has over 25 years of experience in mobility and joins the firm from Mahindra Electric
 "Mahesh Babu joins Ashok Leyland EV business, COO Nitin Seth resigns")
Tata Motors e-Tigor makes a debut as the most affordable e-car
Prices start at Rs 11,99,000 and Rs 12,99,000; saving per kilometer for the e-Tigor is Rs 6.50
 "Tata Motors e-Tigor makes a debut as the most affordable e-car")
Tesla pushes new software update to improve Model S: Report
Electric vehicle company Tesla has started pushing a new software update to its fleet of Model S electric sedans in order to improve suspension, Autopark and more.
 "Tesla pushes new software update to improve Model S: Report")
Tata Motors launches Tigor EV with price starting at Rs 11.99 lakh
Tata Motors on Tuesday launched its second electric vehicle -- Tigor EV, catering to the personal segment in the domestic market, priced between Rs 11.99 lakh and Rs 13.14 lakh (ex-showroom)
Indian auto parts makers' shares gain on report of talks with Tesla
Shares of Indian auto parts suppliers rose as much as 14% following a report that Tesla was in talks with at least three companies to source critical parts for its planned entry into the country
 "Indian auto parts makers' shares gain on report of talks with Tesla")
Sandhar Tech jumps 13% as report suggests co supplying auto parts to Tesla
Tesla is in talks with at least three Indian suppliers to source critical parts as part of its plans to enter the Indian market
 "Sandhar Tech jumps 13% as report suggests co supplying auto parts to Tesla")
Elon Musk's Tesla in talks with 3 Indian firms for auto components: Report
The company is seeking critical electrical, electronic and mechanical components, the report said, citing people familiar with the matter
Evergrande electric vehicle unit loses $80 billion in worst stock rout
China Evergrande New Energy Vehicle Group Ltd. sank as much as 22% Thursday after its parent said the unit lost 4.8 billion yuan ($740 million) in the first half
 "Evergrande electric vehicle unit loses $80 billion in worst stock rout")
EVs will become inevitable whether you like it or not: NITI's Amitabh Kant
Develop local supply chain base for EVs and parts, reduce import from China
Sun Mobility starts new service, aims to onboard a million vehicles by 2025
It has already commenced MaaS deployment for goods delivery in Delhi NCR, Bengaluru and Chandigarh; plans to expand to other cities soon
 "Sun Mobility starts new service, aims to onboard a million vehicles by 2025")
Delhi transport department to focus on procuring electric buses
In a bid to boost public transport without raising the city's air pollution, the Transport Department of Delhi government has now decided to focus on procurement of electric buses, officials said
 "Delhi transport department to focus on procuring electric buses")
Transition of automobiles towards electric mobility inevitable: NITI Aayog
The transition of automobiles towards electric mobility is inevitable and it is for the auto industry to make the change and drive it to make India a global leader in EVs, Niti Aayog CEO Amitabh Kant
 "Transition of automobiles towards electric mobility inevitable: NITI Aayog")
Tube Investments to launch electric 3-wheeler passenger vehicles by March
Following this, TII will gradually look into the cargo segment, scooters and e-rickshaws
A good time to buy an electric two-wheeler, hold on if it's a car you want
A range of options and easy buying terms tilt the scales in favour to e-scooters; electric cars, on the other hand, are too expensive currently
 "A good time to buy an electric two-wheeler, hold on if it's a car you want")
The electric vehicle boom is pay-dirt for factory machinery makers
New electric vehicle factories, funded by investors who have snapped up newly public shares in companies such as EV start-up Lucid Group Inc are boosting demand.
 "The electric vehicle boom is pay-dirt for factory machinery makers")
Tata Motors unveils Tigor EV; sales to begin from August 31
Tata Motors on Wednesday unveiled Tigor EV, its second electric model in the personal mobility space after Nexon EV