Page 10 - Electric Vehicles

No bar on Maruti to make electric vehicles: Chairman R C Bhargava

Bhargava says fears over Suzuki's MoU with Gujarat unfounded

Over 1 mn EVs registered, 1,742 charging stations operational: Gadkari

According to Gadkari, Rajasthan (122), Uttar Pradesh (90) and Madhya Pradesh (77) have maximum number of fee plazas

EVs to cost same as petrol-run vehicles in two years: Nitin Gadkari

EV sales in India rose 162 per cent in the last year, said MoRTH last week, citing the latest available data.

Cost of EVs to be at par with petrol-run vehicles in 2 years: Gadkari

Road Transport Minister Nitin Gadkari said rapid strides in technology and green fuel will reduce the cost of electric automobiles, bringing them at par with petrol-run vehicles in next two years

'Humble and hidden' auto suppliers driving electric vehicle revolution

The shift to electric cars may pose an existential threat to suppliers of combustion engines but for auto parts firms such as TE Connectivity the challenge is keeping up with demand

EV makers would need govt support for longer term: Par panel

The electric vehicle manufacturers would need government support for a longer term until the EV market becomes self-sustainable, more affordable and within the reach of the common man, a Parliamentary panel said in a report on Monday. The department-related parliamentary standing committee on industry has also expressed concerns over a "lacklustre progress" in both physical and financial targets set under the FAME II scheme (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles). The report said that the heavy industries ministry needs to promote electric mobility colossally by working towards technological solutions through R&D efforts with industry, research and development agencies. The ministry, it said, must plan a road map to reap this opportunity for proliferation of production, sales and incentivisation of EVs. "The committee is of the view that the manufacturers would need the support from government on a longer term i.e, until the EV market becomes ...

SoftBank-backed Ola Electric invests in Israeli battery tech firm StoreDot

It's the first of several global strategic investments planned by Ola Electric as it looks to ramp up its core R&D in advanced cell chemistry & manufacturing and new energy systems

Electric scooter sales are likely to reach an inflexion point this year

Analysts predict sales of 0.7-0.8 million, which may account for around 13% of the scooter market

Suzuki Motor powers EV rush in India with Rs 10,440-crore investment

Maruti's rivals, such as Hyundai and Tata Motors, have announced elaborate plans for electrification of their products

Tesla named 'most trusted' brand developing fully-autonomous vehicles

Elon Musk-owned electric vehicle company Tesla was recently named the "most-trusted" brand in the pursuit of fully-autonomous vehicles, according to a new study.

Japan's Suzuki to invest $1.4 billion for EVs, batteries at India factory

Suzuki Motor plans to invest 104.4 billion rupees ($1.37 billion) in its India factory to produce EVs and batteries, Maruti Suzuki India, majority-owned by the Japanese carmaker, said on Sunday.

Suzuki to invest Rs 10,445 cr for manufacturing EV, batteries in Gujarat

Japanese automaker Suzuki Motor Corporation on Sunday said it will invest around 150 billion yen by 2026, for local manufacturing of Battery Electric Vehicles and BEV batteries in Gujarat

For FASTag, EV charging is the next big opportunity: Numadic CEO

The introduction of FASTag has almost entirely digitised governance in transport, which was until very recently a 100 per cent cash industry: Numadic CEO

Foxconn aims to get 5% of global market share for EV business by 2025

Foxconn is planning to capture around 5 per cent of the market share globally in the electric vehicles (EV) by the end of 2025.

Reliance, Ola Electric, others to get incentives in battery scheme: Report

Reliance Industries and Softbank Group-backed Ola Electric have won bids to receive incentives under India's $2.4 billion battery programme, four sources told Reuters

Nitin Gadkari launches green hydrogen-based fuel cell EV Toyota Mirai

Union Minister Nitin Gadkari on Wednesday launched green hydrogen-based advanced fuel cell electric vehicle (FCEV), Toyota Mirai

Ola Electric brings former LG Chem Power CEO Prabhakar Patil onto its board

The company is now scouting the globe for opportunities to invest strategically into firms focused on advanced cell chemistry research and other battery tech

Apple Car team must be restructured to meet production goal for 2025

Apple's team working on the company's long-rumored electric vehicle has been dissolved for some time and it needs to be restructured within the next 3 to 6 months to achieve goal of mass production

EV public charging point player CHARGE+ZONE eyes $100 million fund raise

Having set up 20 such EV charging points across 1,000 km on some national highways, the firm is now looking to cover over 10,000 km in the country

Two-wheeler companies target nine-fold increase in electric vehicles

Top Indian two-wheeler companies are ramping up new capacity to hit over six million per annum by the calendar year 2023 to meet the anticipated demand for electric vehicles