Page 17 - Electric Vehicles

Bajaj Auto sets up Rs 300 crore EV manufacturing facility in Pune

Akurdi is the site of the original Chetak scooter factory that made Bajaj Auto a household name in India

Bajaj Auto to set up Rs 300 crore EV manufacturing facility in Pune

Bajaj Auto Ltd on Wednesday said it will set up an electric vehicle manufacturing facility at Akurdi in Pune with an investment of Rs 300 crore. The facility, for which the work has already commenced, will have the capacity to produce 5,00,000 Electric Vehicles (EVs) per annum and cater to both domestic and exports markets, the company said in a release. The first vehicle from the new unit, spread over half-a-million square feet space, is expected to be rolled out by June 2022. The unit will employ around 800 personnel. Akurdi is the site of the original Chetak scooter factory. "In 2001, Bajaj 2.0 took off on the roaring Pulsar, in 2021, Bajaj 3.0 arrived on the charming Chetak. Going forward, for the Bajaj portfolio, except for implementing one state-of-the-art ICE (Internal Combustion Engine) platform that is currently under development, all our R&D drive train resources are now laser focused on creating EV solutions for the future. "This alignment reflects our belief that ...

Amara Raja to invest in Europe-based EV battery maker InoBat Auto

The initial investment will give the company a key foothold in the thriving European EV ecosystem

Company of the year - Ola

Ola is rapidly expanding into other businesses and has made a potentially game-changing pivot to make electric vehicles. Take a look at how 2021 has turned out to be a year of reckoning for Ola

JSW Group launches employee-friendly electric vehicle policy across country

Company will give financial incentives, free-of-cost dedicated charging stations and parking slots at its plants.

'Delhi govt to ask Ola, Uber, Swiggy, Zomato to completely switch to EVs'

Delhi govt is also going to ask dealers and petrol pumps to not give fuel to vehicles without a pollution-under-check certificate, say officials

Delhi govt to ask aggregators to completely switch to electric vehicles

The Delhi government is going to ask e-commerce companies, food delivery services and cab aggregators to completely switch to electric vehicles

Electric vehicles set to get costlier from next year in India

Most EV makers, especially those of two-wheelers, are currently dependent on imports for their raw materials, with a maximum localisation of 50 per cent

Okaya Electric Vehicle launches high-speed e-scooter 'Faast'

Okaya Electric Vehicles on Friday said it has launched high-speed e-scooter Faast at an introductory price of Rs 89,999 (before subsidies) at the EV Expo 21 held at Greater Noida. The company also announced the opening of bookings with an initial payment of Rs 1,999 through the Okaya EV website or at dealerships, it said in a release. Besides, Okaya also showcased its upcoming e-motorcycle Ferrato, which is expected to be launched in the second quarter of FY22. The IoT-enabled e-scooter offers a top speed of 60-70 kmph and a range of 150-200 km per charge, depending on usage. It comes packed with features and specs such as a 4.4 kW lithium phosphate battery, all LED lights, digital instrument cluster, daytime running lights and combi braking system, the company said. Okaya is fully dedicated to realise the vision of making India a 100 per cent EV nation. With the launch of our Okaya Faast, we have showcased our renewed commitment towards bringing innovative, low-cost but ...

Start-up Electra EV sees turnover doubling for its product as demand rises

25% of e-four-wheelers on Indian roads had an Electra EV powertrain in FY20, the company says.

Electric scooter start-up Ather Energy scales up expansion in Kerala

New outlet called in Pattom, Thiruvananthapuram, provides customer support and overview of company's vehicles.

Elon Musk's Tesla rises back to over $1 trillion valuation: Report

The recent surge happened on a slow news day

E-scooter firm Ather Energy strengthens leadership, hires two execs

Gurinder Singh Sukhija joins as head of ownership management; Murali Sashidharan to lead communications and government relations.

Nikola to pay $125 million SEC penalty over CEO Milton's comments

The former CEO, Trevor Milton, deceived investors about the company's technological advancements, in-house production capabilities and truck reservations

Hyundai raises global EV sales target to 1.7mn in 2026, says CEO

Hyundai Motor Group raised its global electric vehicle sales target for 2026 to 1.7 million units from 1 million units, its chief executive has said

Will battery swapping catapult EVs into the mainstream?

The idea of electric vehicles is thrilling. But, what about charging batteries? An answer could be swappable batteries. Find out how battery-swapping tech could catapult EVs into the mainstream

TMS, Ep68 - Market crash, exports, EV batteries, Minimum Support Price

What are the strategies to ride market uncertainty? What is the road ahead for Indian exports? Will battery swapping catapult EVs into the mainstream? What is Minimum Support Price? All answers here

Advent of EVs creating opportunities for smaller players, start-ups: Report

The advent of electric vehicles is causing disruptions for incumbents, while creating big opportunities for smaller players, new entrants and start-ups alike, according to a report.

India offers huge opportunities in EV space: US auto component maker Dana

Dana has 18 facilities in India, which include joint ventures as well as a recently launched dedicated EV drivetrain manufacturing facility in Pune

Competitive pressures, weak two-wheeler demand weigh on TVS Motor

Brokerages had turned cautious on the stock which led to recent correction