Electric Vehicles
Bad news for vehicle owners as third party premium to be hiked from Jun
From June 1, 2022 onwards, the motor third party liability insurance premium has been jacked up by the central government despite the portfolio being hugely profitable for the insurers
 "Bad news for vehicle owners as third party premium to be hiked from Jun")
Air India Monsoon-proof your vehicle with engine protection insurance cover
If you own an EV, buying a battery-protection add-on would be prudent
Reliance Prospective Turning India into a green mobility hub
While almost all cars that fell into that category cost less than larger sedans or even mid-size SUVs, the underlying truism led to two realities
 "Reliance Prospective Turning India into a green mobility hub")
EV charging, battery swapping units to be everywhere in Delhi: Minister
"Just as petrol pumps are seen everywhere, EV charging and swapping stations will also be seen everywhere in the coming times," the minister said.
 "EV charging, battery swapping units to be everywhere in Delhi: Minister")
BMW i4 electric sedan to launch in India today: Check price, features
The BMW i4 is expected to be available in two variants - the eDrive40 and the M50 xDrive
 "BMW i4 electric sedan to launch in India today: Check price, features")
BMW expands e-mobility with launch of sedan i4 priced at Rs 69.9 lakh
The i4 is imported as a completely built unit. It has the fifth-generation BMW eDrive technology with an integrated drive unit powered by an electric motor
 "BMW expands e-mobility with launch of sedan i4 priced at Rs 69.9 lakh")
Top headlines: RBI's move on 5 NBFCs, bank privatisation, and more
Here are the top headlines on Thursday morning
 "Top headlines: RBI's move on 5 NBFCs, bank privatisation, and more")
Samsung SDI, Stellantis to set up $2.5 billion EV battery plant in US
Samsung SDI will own a 51 per cent stake in the $2.5 billion joint venture company set up with the Chrysler parent, and its investment could increase to as much as $1.57 billion in the long term
 "Samsung SDI, Stellantis to set up $2.5 billion EV battery plant in US")
When it comes to EVs, raising funds seems easier than building them
Stocks of EV upstarts, from New York-listed, Chinese firms such as Nio, Xpeng and Li Auto to their American peers Rivian Automotive and Lordstown Motors, have lost their sheen in recent weeks
 "When it comes to EVs, raising funds seems easier than building them")
Hindustan Motors plots a comeback; talks on for JV with European co for EVs
MoU signed, due diligence expected to start soon and conclude in 2-3 months; project will start two-wheelers and then add four-wheelers
 "Hindustan Motors plots a comeback; talks on for JV with European co for EVs")
Work on installing 100 EV charging stations in Delhi nearing end: Officials
The work on installing 100 public charging stations for electric vehicles in Delhi is nearing completion and all of them are likely to become operational by July, officials said on Monday.
 "Work on installing 100 EV charging stations in Delhi nearing end: Officials")
Ather Energy to set up 8 more retail stores in Kerala to expand presence
The company said it has also been talking to prospective retail partners in these markets and has already begun locating spaces to set up its fast EV charging network -- Ather Grid
 "Ather Energy to set up 8 more retail stores in Kerala to expand presence")
Ola Electric starts deliveries of units within 24 hours of their purchase
The company had opened the latest purchase window on May 21. It was the third purchase window opened by Ola Electric for customers since launching the electric scooters last year
 "Ola Electric starts deliveries of units within 24 hours of their purchase")
Mahindra to explore partnership options for electric vehicle parts
Mahindra last week signed a partnership agreement with Volkswagen in which it will explore equipping its electric cars with motors, battery system components and cells made by the German automaker
 "Mahindra to explore partnership options for electric vehicle parts")
PM meets Suzuki Motor Corp advisor, discusses EV investment opportunities
In March this year, Suzuki Motor Corporation announced that it would invest around 150 billion yen (about Rs 10,445 crore) by 2026, for local manufacturing of Battery Electric Vehicles
 "PM meets Suzuki Motor Corp advisor, discusses EV investment opportunities")
Top Headlines: Fuel rate cut to ease inflation, report on EV fire, and more
The recent EV scooter fires were caused by defects in their batteries, including in the designs of the battery packs and modules, a DRDO report said. Read more in our top headlines.
 "Top Headlines: Fuel rate cut to ease inflation, report on EV fire, and more")
Hyundai Motor Group to invest more than $10 billion in US up to 2025
Hyundai Motor Group on Friday announced plans to invest $5.5 billion in Georgia to build EV and battery facilities.
 "Hyundai Motor Group to invest more than $10 billion in US up to 2025")
Musk's troubled tryst with India: Tesla, Starlink in limbo for over a year
Musk clearly needs to take a relook at his overall India plan
 "Musk's troubled tryst with India: Tesla, Starlink in limbo for over a year")
LML Electric plans 3 products next yr, to invest Rs 350 cr for expansion
LML Electric, which has announced its plans to roll out three products next year, is looking to invest Rs 350-crore in the business, including in setting up a new manufacturing plant
 "LML Electric plans 3 products next yr, to invest Rs 350 cr for expansion")
Hyundai announces $5.5 billion for electric vehicle plant in Georgia
Hyundai Motor Group confirmed the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands
