Electronic Vehicles

Ignition of change in electric vehicle battery ecosystem in India

Manufacturers are gradually emerging in a business dominated by assembly operations

JK Tyre looks to expand retail presence; bolster presence in SUV, EV space

JK Tyre Industries is looking to expand its retail network across the country by up to 20 per cent over the next 12-18 months, a top company official said on Monday. The company, which on Monday expanded its retail presence in North India by opening six outlets, is also looking to bolster presence in the fast-growing sports utility vehicle and electric vehicle verticals. "We currently have around 650 brand shops across the country. Over the next 12-18 months we expect a 15-20 per cent addition in these outlets as we look to go nearer to the customer," JK Tyre and Industries President (India) Anuj Kathuria told PTI here in an interaction. The company on Monday launched six new brand shops spread across Uttar Pradesh, Haryana and Rajasthan as part of its plans to improve presence especially in smaller towns and rural areas. JK Tyre now has 221 brand outlets in the northern part of the country. "Customer needs are now not limited to the big centres. With growing car parc, customers i

Fyn Mobility partners Exponent Energy to roll out 1,500 electric vehicles

Electric vehicle ecosystem platform Fyn Mobility on Thursday said it has partnered with Exponent Energy to roll out 1,500 Altigreen manufactured electric three-wheelers, which could be fully charged in 15 minutes. The new fleet of Altigreen's three-wheeler, neEV Tez, along with Exponent Energy's e-pump charging network will make the company the world's first logistics player to operate a fleet of EVs that can be fully charged in 15 minutes, Fyn said. With this partnership, Fyn plans to roll out these EVs to be cross-utilised, making the overall cost of operations to businesses much more affordable, and open up new opportunities within the industry, it said. The company claims it helps businesses and delivery agglomerates in the e-commerce, quick-commerce, grocery, pharma and courier sectors in solving their last mile and micro mobility challenges in Bengaluru, Chennai and Hyderabad. The rise in the e-commerce and logistics sector has propelled the demand for dependable last-mile ..

EV startup Simple Energy raises $20 mn from investors in Bridge round

Electric vehicle startup Simple Energy on Tuesday announced raising USD 20 million (about Rs 165 crore) from a clutch of investors as a part of its ongoing Bridge round. The funds will be utilised in a phased manner to ramp up production of the company's maiden e-scooter Simple ONE, which has not yet been delivered to a single customer even after 18 months of its launch. The company has been deferring deliveries of the vehicle since December 2021. "We have received a phenomenal pre-booking response, and to cater to the demand, we are raising funds in a timely manner. The funds raised will be strategically used to aid the production ramp-up and for a quicker delivery commencement," said Suhas Rajkumar, founder and CEO of Simple Energy. The company claims that it has received over one-lakh bookings for the e-scooters. "We have successfully de-bottlenecked product constraints and are confident that we will soon start deliveries of Simple ONE," Rajkumar said. The company recently ...

India Inc looks to plug into EV-charging infrastructure at work

Logistics player FedEx is converting its parcel pickup and delivery fleet into zero-emission vehicles by 2040

JK Tyre launches specialised product range, sees demand from EV, SUVs

Company launches smart tyres that give real-time updates about pressure, temperature and punctures to phone app

At 3.8 million units, PV sales rev up to highest ever in 2022: Siam

Data showed that passenger vehicle sales grew by 23 per cent in 2022 compared to the previous year to touch 3.79 million units

Etrio Automobiles ties up with Turno to deploy 1,000 e-3-wheelers pan-India

Electric commercial vehicle maker Etrio Automobiles in collaboration with EV financing platform Turno will deploy 1,000 e-three-wheelers pan-India in the next 12 months, the company said on Wednesday. The deployment of these vehicles will commence from cities such as Delhi, Hyderabad, and Chennai where both Etrio and Turno have a strong presence and eventually expand to various other parts of India, Etrio said. Under the long-term strategic alliance that Etrio has formed with Turno, the two partners will also work together to improve vehicle intelligence, it stated. Notably, as a part of this collaboration, the eCV makers' flagship model 'Touro Max' vehicles would be deployed across a plethora of first-mile and last-mile logistics and commercial transport use-cases -- including retail and e-commerce logistics, gas delivery, agri-logistics, among others, the company stated. "The partnership with Turno is aligned to our growth agenda. It will enable us to scale our vehicle deployment

VECV unveils new intercity electric bus to cover travel upto 500 km

VE Commercial Vehicles (VECV) on Wednesday unveiled a range of vehicles, including an intercity bus that can travel up to 500 kilometer with a mix of depot and 30-40 minute opportunity charging during a journey. VECV, a joint venture of Volvo Group and Eicher Motors, unveiled 13.5 meter long electric intercity coach, Eicher Pro 2049 electric 4.9 T GVW Truck, which it claims to be the longest EV in the segment. "It will cover around 300-350 kilometer on a single depot charge of about six hours and with an opportunity charge of 30-40 minutes during the journey, it can travel next 150-200 kilometer, " VECV President for Bus Division Akash Passey told PTI. Meanwhile, Eicher unveiled LNG and CNG-based Eicher Pro 8055 truck that can switch to CNG fuel by a switch provided in the vehicle. Volvo Trucks showcased Volvo FM LNG 420 4X2 tractor. Senior officials of the company said the tractor is undergoing trials with leading e-commerce operators in long-haul hub-to-hub operations. VECV ...

Top headlines: Tata Digital's loss up 6x, India's to grow at 6% in FY24

Business Standard brings you the top headlines at this hour

Mercedes-Benz Energy signs deal with Lohum to recycle EV batteries

Lohum has committed to lift a minimum of 50 MegaWatt Hertz (MwH) across multiple second-use modules a year from Mercedes-Benz Energy

President to launch EV yatra portal, mobile app on Energy Conservation Day

President Droupadi Murmu is scheduled to launch an EV yatra portal and a mobile application, which will facilitate in-vehicle navigation to the nearest public EV charger, on Wednesday, a release said. The President will also felicitate the winners of National Energy Conservation Awards and National Energy Efficiency Innovation Awards at event to mark the National Energy Conservation Day, the Power Ministry said in the release on Tuesday. The Bureau of Energy Efficiency (BEE) has developed a mobile application to facilitate in-vehicle navigation to the nearest public EV charger, and a website to disseminate information on various central and state-level initiatives to promote e-mobility in the country. BEE has also developed a web-portal to enable charging point operators (CPOs) to register their charging details securely into the National Online Database. The Energy Conservation Day 2022 celebrated every year on December 14 to showcase the achievements of the nation in energy ...

'Western, central UP to be developed as hub for EVs, ancillary industries'

With a view to make Uttar Pradesh a USD 1 trillion economy, Chief Minister Yogi Adityanath has decided to transform western and central regions of the state into a hub for auto and electric vehicle industries, an official release said here. The chief minister has told officials that the auto and electric vehicle industries in western and central Uttar Pradesh already have ample resources and they just need to be pushed further because the demand for electric vehicles is growing, it added. He said such a move will generate employment on a large scale. In the auto industry, the Gross State Value Addition (GSVA) of Uttar Pradesh was USD 1.5 billion in 2019, which can be increased to USD 5 billion in the next five years. In western and central Uttar Pradesh, 9,000-10,000 acres of land will be needed for the development of the industry and the government will spend USD 19-20 billion on this, the release added. At the same time, auto components and electric vehicles made here will be ..

Why the US cannot match China's industrial heft on EVs, batteries

Instead of focusing on manufacturing - its biggest weakness - the US Department of Energy has backed firms that will process lithium, "demonstrate new approaches" and recycle powerpacks

CM Kejriwal inaugurates 11 EV charging stations, Delhi to get 89 more

Delhi Chief Minister Arvind Kejriwal on Tuesday inaugurated 11 high-tech low cost electric charging stations in different parts of the city, taking yet another step towards pushing the residents to shift to electric vehicles (EVs). The chief minister launched these charging stations as part of a larger project to set up 100 charging stations across the national capital in the next two months. "Through these 11 electric charging stations, Delhi has given the world the most affordable model of its kind. Driving an EV after charging them here would be extremely cheap it would barely cost 7 paise/km for two wheelers, 8 paise/km for three wheelers and 33 paise/km for four wheelers," he said. There are 73 charging points and 12 swapping stations at these 11 charging stations and the consumers will be charged at the rate of Rs 3 per unit, Kejriwal said. "There will be 100 charging stations with 900 charging points and 103 swapping stations in two months. Under the EV policy, we had set a

Rivian shares skid 9% after EV maker recalls nearly all vehicles

The Amazon.com Inc-backed firm on Friday recalled about 13,000 vehicles due to a possible loose fastener that could cause the driver to lose steering control

FAME II scheme helps put EV transportation on a par with ICE vehicles

The incentive scheme helps put green transportation on a par with ICE vehicles

BluSmart gears up to install EV charging infra projects across India

As India rides on the EV bandwagon with the govt promoting several use cases, BluSmart is poised to double its fleet by the end of the year and aims to have over 1,00,000 EVs on its platform by 2025.

We are capable of installing passenger EV charging infra in India: Siemens

As the Indian government pushes forEV adoption and installing the public charging infrastructure, Siemens has stressed that it has proven capabilities to help the government

EV adoption to disrupt automobile industry in a decade, says report

Indians likely to prefer electric two- and three-wheelers than bigger vehicles