Business Standard

Page 2 - Electric Cars

Mercedes-Benz aims to accelerate sales of electric vehicles in India

With plans afoot to locally assemble its all-electric sedan EQS in India, luxury carmaker Mercedes-Benz is looking to accelerate sales of electric vehicles in the country, according to a senior company official. Mercedes-Benz India plans to bring to the market the locally assembled EQS electric sedan in the fourth quarter of 2022 to add to the all-electric SUV EQC, which was launched as a fully imported unit in October 2020 priced at Rs 1.07 crore. "We have taken a step by step approach in developing electric vehicle strategy in India. EQC was first available in six markets in India and gradually expanded. Now we are in 50 cities with the EQC and the next step is to expand the portfolio with a car, which we believe has a stronger volume appeal and producing it locally," Mercedes-Benz India Managing Director & CEO Martin Schwenk told PTI. Elaborating further on the electrification plans, he said, "When we did the rollout of the brand EQC we actually looked into what safe numbers we

Mercedes-Benz aims to accelerate sales of electric vehicles in India
Updated On : 17 Jan 2022 | 12:31 AM IST

Tesla delays initial production of awaited Cybertruck to early 2023: Report

The world's top electric car maker produces electric sedans and sport utility vehicles but has missed out on the pickup truck segment

Tesla delays initial production of awaited Cybertruck to early 2023: Report
Updated On : 14 Jan 2022 | 8:02 AM IST

Volkswagen aims to double EV sales in China in 2022 after missing targets

The ID series, which Volkswagen produces at its Chinese joint ventures with SAIC Motor and FAW Group, is the backbone of its EV ambitions in China, the world's largest auto market.

Volkswagen aims to double EV sales in China in 2022 after missing targets
Updated On : 11 Jan 2022 | 1:01 PM IST

Toyota, VW are plotting to beat Tesla, pour billions into electric cars

The masters of mass production laid out plans to splurge $170 billion over the coming years to preserve their claim on an industry they've dominated

Toyota, VW are plotting to beat Tesla, pour billions into electric cars
Updated On : 06 Jan 2022 | 1:36 AM IST

Tesla's bumper quarterly delivery numbers light up shares

Shares of the world's most valuable carmaker were up about 7% at $1,126.5 in premarket trading

Tesla's bumper quarterly delivery numbers light up shares
Updated On : 03 Jan 2022 | 8:19 PM IST

Tesla allows drivers turn their electric cars into megaphones

Available for more recent Tesla vehicles (2019 and newer), the feature adds some voice effects to whatever you are saying, and that will be played to your surroundings through the external speakers

Tesla allows drivers turn their electric cars into megaphones
Updated On : 24 Dec 2021 | 7:03 PM IST

BMW electric all-wheel drive iX sold out on first day of launch in India

Deliveries will start by the beginning of April 2022

BMW electric all-wheel drive iX sold out on first day of launch in India
Updated On : 15 Dec 2021 | 12:59 AM IST

Tesla now has 7 EV variants approved in India, says report

Earlier this year, Musk noted that a Tesla factory in India might be possible if Tesla were to succeed with imported vehicles

Tesla now has 7 EV variants approved in India, says report
Updated On : 14 Dec 2021 | 2:39 PM IST

Bounce plans to raise $200 mn to scale up its electric vehicle business

Bengaluru-based firm's vision is to make EV mainstream in India and sell at least 2 mn scooters on an annual basis in next few years

Bounce plans to raise $200 mn to scale up its electric vehicle business
Updated On : 13 Dec 2021 | 12:33 AM IST

Shanghai Tesla plant rolls out 400,000 vehicles in first 11 months of 2021

Deliveries at Tesla's Shanghai Gigafactory came in at 413,283 vehicles in the first 11 months of this year

Shanghai Tesla plant rolls out 400,000 vehicles in first 11 months of 2021
Updated On : 12 Dec 2021 | 4:16 PM IST

Nissan to spend $17.6 billion over 5 years in electrification push

Nissan will be spending twice as much as it did in the previous 10 years for a share of the EV market

Nissan to spend $17.6 billion over 5 years in  electrification push
Updated On : 30 Nov 2021 | 12:02 AM IST

Porsche launches all-electric Taycan range in India; starts at Rs 1.5 cr

German luxury sports carmaker Porsche on Friday launched its all-electric Taycan range in India with price starting at Rs 1.5 crore along with the latest version of its compact SUV Macan

Porsche launches all-electric Taycan range in India; starts at Rs 1.5 cr
Updated On : 12 Nov 2021 | 4:07 PM IST

Global carmakers now target $515 billion for EVs and batteries

The carmakers are planning to spend an estimated $515 billion over the next five to 10 years

Global carmakers now target $515 billion for EVs and batteries
Updated On : 10 Nov 2021 | 8:23 PM IST

Tata Consultancy Services to be new title sponsor for Jaguar Formula E Team

For­mula E Championship is a single-seater motorsport cha­mp­ionship for electric cars

Tata Consultancy Services to be new title sponsor for Jaguar Formula E Team
Updated On : 02 Nov 2021 | 10:42 PM IST

Tesla drives towards $1-trillion club on 100,000 Hertz order

The cars will be delivered over the next 14 months

Tesla drives towards $1-trillion club on 100,000 Hertz order
Updated On : 26 Oct 2021 | 1:41 AM IST

Tata Power crosses 1,000 EV charging stations mark in India

Tata Power on Monday said it now has a network of more than 1,000 electric vehicle (EV) charging stations across the country. This network of 1,000 public charging stations provides innovative and seamless EV charging experiences for Tata Power's customers across offices, malls, hotels, retail outlets, and places of public access, enabling clean mobility and freedom from range-anxiety, it said in a statement. In addition, there are close to 10,000 home EV charging points, which make EV charging super-convenient for the vehicle owners, the company added. Tata Power EZ Chargers ecosystem covers the entire value chain of public, captive, bus/ fleet and home chargers. Starting with the first chargers being installed in Mumbai, Tata Power EV charging points are now present in nearly 180 cities. The company is planning to have a base of 10,000 charging stations as also to enable whole stretches of highways into e-highways across the country, it said.

Tata Power crosses 1,000 EV charging stations mark in India
Updated On : 25 Oct 2021 | 11:19 PM IST

Niti VC urges Tesla to make electric cars in India; assures tax benefits

Niti Aayog Vice Chairman Rajiv Kumar urged US-based Tesla to manufacture its iconic electric vehicles in India, while assuring the company that it will get the tax benefits it wants from government

Niti VC urges Tesla to make electric cars in India; assures tax benefits
Updated On : 22 Oct 2021 | 12:04 AM IST

TPG to invest $1 billion in Tata Motors' electric vehicle subsidiary

The EV business in the commercial vehicles segment will remain with the parent company and is out of the purview of this deal

TPG to invest $1 billion in Tata Motors' electric vehicle subsidiary
Updated On : 13 Oct 2021 | 12:47 AM IST

VW labour boss wants faster electric car rollout at Wolfsburg: Report

Under its Trinity project, VW has been developing a flagship electric sedan to be built at Wolfsburg from 2026.

VW labour boss wants faster electric car rollout at Wolfsburg: Report
Updated On : 02 Oct 2021 | 6:00 PM IST

Tesla starts judging owners it charged $10,000 for self-driving

Elon Musk has said that on Friday, the electric-car maker will roll out an updated version of its Full Self-Driving beta software, which until now has only been available to roughly 2,000 people

Tesla starts judging owners it charged $10,000 for self-driving
Updated On : 25 Sep 2021 | 3:19 AM IST