Page 19 - Electric Vehicles

Simple Energy to set up Rs 2,500-cr electric vehicle facility in Tamil Nadu

The EV maker's first manufacturing unit with a capacity to produce one million units a year

Uttar Pradesh, Delhi, Karnataka leading states in EV sales: Govt

Uttar Pradesh, Delhi and Karnataka have emerged as top three states in terms of registration of electric vehicles in India, the government said on Wednesday. In a written reply in the Rajya Sabha, Road Transport and Highways Minister Nitin Gadkari said that 870,141 electric vehicles have been registered in India. Uttar Pradesh (255,700) has the highest registered electric vehicles, followed by Delhi (125,347) and Karnataka (72,544) come in that order. The fourth and fifth spots are grabbed by Bihar (58,014) and Maharashtra ( 52,506). Gadkari said the Ministry of Heavy Industries formulated a scheme namely Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme in 2015 to promote adoption of electric and hybrid vehicles in the country with an aim to reduce dependency on fossil fuels. At present, Phase-II of FAME India scheme is being implemented for a period of five years with effect from April 1, 2019 with a total budgetary support of Rs ..

Carzonrent, Fortum entities look to roll out 965 EVs, 3,200 charging points

The partnership would culminate into a $40-45 million investment in EC charging infra and purchase of 19,000 EVs over the next five years

Mukesh Ambani ups bet on battery-swapping under agreement with Mahindra

RIL's second agreement to explore battery swapping in six months; may lead to standardisation of battery technology with OEM and fueling operator joining hands

MG Motor India to drive in electric vehicle at Rs 10-15 lakh by next fiscal

The company which currently sells electric SUV ZS EV will launch an electric crossover vehicle based on a global platform but customised for the Indian market as its next new product

Hero Electric reports retail sales of over 7,000 units in November

The company said it had sold 1,169 units in the corresponding period last year

Motherson participates in EV charging start-up Exponent's $5 mn fundraise

YourNest VC, 3one4 Capital & AdvantEdge VC doubled down on their earlier investment within 8 months

Hyundai lines up Rs 4,000 cr investment to drive in 6 EVs in India by 2028

South Korean auto major Hyundai plans to invest around Rs 4,000 crore to drive in around six electric vehicles in India by 2028. The company is planning to roll out a mix of models based on its existing range as well as completely new vehicles based on its global platform 'E-GMP' over the next few years. In an interaction with PTI, Hyundai Motor India MD & CEO S S Kim said that the company is gearing up to expand its presence in the EV space in the country in a big way with the first of the six new products being expected to debut next year. The company would invest around Rs 4,000 crore in the R&D towards the six-model line up till 2028. "As we continue to redefine the mobility space, today we are yet again showcasing our commitment towards Indian customers with the announcement of expanding our BEV line-up to six vehicles for the Indian market by 2028," Kim said. The company is taking experiences beyond mobility and are strongly focusing on intelligent technology, ...

Hyundai plans six electric vehicles by 2028, to invest Rs 4,000 crore

The company plans to have an EV presence in all segments -- from the mass market to SUVs

Ather Energy expands Guj retail biz; starts 1st experience centre in Surat

The new experience centre will be the brand's second retail outlet in Gujarat. The expansion is driven by strong consumer demand for the Ather 450X and 450 Plus electric scooters in the State

EV start-up Matter signs MoU with Gujarat govt for Rs 1,500 crore

To roll out its first two-wheeler in H1 of 2022, inks MoU in electric mobility and energy storage solutions

Goa CM launches Electricity Mobility Promotion Policy to promote e-vehicles

The policy's main objective to launch the policy is to promote use of battery-driven vehicles and create jobs for the people of the state, Sawant said

Tata Power, ama Stays & Trails tie up to set up EV charging stations

Tata Power has collaborated with am Stays & Trails, India's first branded homestay portfolio by Indian Hotels Company Ltd, to set up EV charging stations at over 30 of its villas and heritage bungalows across 11 destinations. A rising demand for sustainable transport infrastructure has resulted in an increasing number of hospitality brands investing in electric vehicle (EV) charging points, a statement said. The collaboration is a step forward in catering to the evolving needs of environmentally-conscious customers by reducing their travel carbon footprint and embracing a more sustainable future. This marks an important step for both flagship Tata Group companies in furthering their commitment towards adopting more sustainable and cost-efficient business practices. Under the partnership, Tata Power EZ Charge has established EV chargers for guests staying at the am Stays & Trails homestays. Tata Power has deployed an extensive EV charging infrastructure with over 1,000 EV ...

EV maker Etrio expands footprint to Maha; sets up dealership in Mumbai

At its Mumbai dealership, Etrio will showcase and sell its wide range of electric vehicle models

Bounce launches Infinity E1 electric scooter, priced at Rs 68,999

Vehicle will be offered with a unique 'Battery as a service' option--the first in Indian market; firm is setting up another plant in the south, has kept $100 million for EV biz over the next one year

Musk's Tesla enters India in 2021, still remains in test mode

Tesla in 2021 was busy testing Model 3 at several locations, but concrete steps are yet to be taken to finally roll out the most coveted electric car for its fans in India

Bounce launches Infinity E1 e-scooter at starting price of Rs 45,099

The scooter with battery and charger is priced at Rs 68,999 (Delhi Ex-showroom)

If given PLI, we'll make India a hub, say electric cycle companies

The Indian cycle industry (including e-cycles) is estimated to be 22 million units pa with revenues of $1.3 billion.

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

E-two wheeler boom: Existing ones ramp up, more starts-ups get set to enter

Most manufacturers have seen the demand far outstrip the supplies prompting them to undertake expansion sooner than they had planned