Page 67 - Electric Vehicles

Sterling Gtake E-mobility bags Rs 60 cr order from electric 2W maker

Sterling Gtake E-mobility, a manufacturer of motor control units for electric vehicles bagged an order worth Rs 60 crore from a leading electric two-wheeler maker

Tesla will open its Superchargers to other EVs this year: Elon Musk

Tesla CEO Elon Musk has confirmed that the company is opening up its Supercharger network to other EVs later this year

Ola's entry in e-two wheelers to shake up world's largest 2-wheeler market

Ola is expected to price its electric scooter in the range of Rs 85,000-Rs 1.1 lakh

The world's road fuel demand to peak years earlier than expected

The accelerated time frame comes as global automakers shift toward less-polluting vehicles

Startup eBikeGo inducts 1,800 e-scooters; hires over 70 staff

eBikeGo has increased the number of vehicles in its fleet from 300 e-scooters to 2,100 during the pandemic

Suzuki to enter EV market by 2025, starting with India, says report

The automaker plans an all-electric compact model to be made available for around 1.5 million yen ($13,626) after government subsidies are taken into account,

Ola e-scooter to start at Rs 85,000; eyes 50% of two-wheeler market

Ola wants to position itself as an attractive alternative to the popular ICE 125 cc scooter range through its own electric offering

Bajaj Auto begins booking for electric scooter Chetak in Nagpur from today

Bajaj Auto on Saturday said it has commenced bookings for its electric scooter Chetak in Nagpur from July 16

Ola's electric scooter receives 100,000 bookings within first 24 hours

Ola Electric opened the bookings for its electric scooter on the evening of July 15. The Ola Scooter can be booked for Rs 499 via olaelectric.com

Tata Power ties up with HPCL to provide end-to-end EV charging stations

Tata Power has joined hands with Hindustan Petroleum Corporation Ltd to provide end-to-end electric vehicle charging stations at the latter's retail outlets at multiple cities and major highways

Revolt Motors sells out e-bikes within minutes of opening online sales

Revolt Motors on Thursday witnessed another round of massive electrifying sales with its e-bikes sold out within minutes of opening online sales, RattanIndia-backed EV maker said on Thursday. The company had earlier re-opened sales on June 18 but was forced to put brakes on the process within two hours of the resumption due to heavy rush. This time, the bookings were closed out within minutes of launching sales on the Revolt website, the company said in a statement. Revolt Motors claimed that these sales came against the backdrop of petrol prices reaching over Rs 100 in several cities. It added that with running cost of Revolt electric bikes being Rs 9 per 100 km compared to petrol bikes which cost Rs 250 per 100 km, the cost saving for its RV400 bikes is hard to miss. Besides RV 400 model, the Gurugram-based electric vehicles maker also manufactures and sells RV 300 model of motorcycle. According to Revolt Motors, with falling battery prices, EV bikes prices are already comparabl

Policy push by Centre, states making EVs lot more affordable: Manufacturers

Along with record high fuel prices, this is helping change fence-sitters' views, they say

Tata Motors launches new brand Xpres to cater to the fleet segment

The segment aims to address demand from corporates, state govts; brand will have multiple engine options, including petrol CNG and electric and specific models

SpiceJet ties up with eee-Taxi to deploy EVs for employees' movement

SpiceJet said it has tied up with startup eee-Taxi to deploy a fleet of electric vehicles for movement of its employees so that the logistics cost, travel time and carbon footprint can be reduced.

Analysts prefer auto ancillary stocks over OEMs as states push EV policies

Nomura believes that if new players' vehicles sell well, multiples of incumbent OEMs like Hero MotoCorp and Bajaj Auto may de-rate

Maha govt's new EV policy can spark up to 25% upside in these stocks

Shares of Motherson Sumi, Jay Bharat Maruti and Bharat Gears have surged over 50 per cent so far this year and continue to see positive interest from market players

EV manufacturers welcome initiatives in revised Maharashtra policy

EV manufacturers body SMEV on Tuesday said the added subsidies from the Maharashtra government on batteries and overall vehicles in its new EV policy will aid to the growing interest among investors and companies looking to make an entry into the manufacturing of parts for the segment. The Maharashtra government policy grants us the privilege to reach out to our potential customer base in the state. With the amendment of FAME 2 by the central government and now the individual state policies like this one have only encouraged the adoption of electric vehicles in India, said Sohinder Gill, CEO Hero Electric & Director General, Society of Manufacturers of Electric Vehicles (SMEV). Earlier in the day, Maharashtra government unveiled its new EV policy with an aim of making such vehicles achieve 10 per cent share of total registrations by 2025, among others. The added subsidies from the government on batteries and overall vehicles apart from encouraging battery makers to invest in the ..

Magenta sets up largest public EV charging station in Navi Mumbai

EV solutions provider Magenta announced setting up of the country's largest public EV charging station in Navi Mumbai as part of its plans to provide 4,000 charging facilities by March next year.

Piaggio not to enter e-2 wheelers soon, to step up small cargo vehicle biz

Company says the segment in which it will like to position its e-two wheelers is currently very small in terms of volume

Maharashtra announces sops up to Rs 20 lakh for electric vehicles

Housing societies to get property tax rebate for setting up charging stations; State targets 10% share of EVs in total registrations by 2025