At that time, the company said it was exploring the possibility of using one of its plants in India to produce electric cars for exports
Safety is of utmost importance when it comes to electric mobility and the manufacturers should try to come up with products that are sustainable, said MotoCorp Chairman and CEO Pawan Munjal
While the move does not put Ather Energy in the unicorn club, it definitely brings it within striking distance
Toyota plans to start selling the bZ4X in other markets later this year, and pre-orders have already started in some European countries.
The exits come at a time when Ola is reportedly planning its IPO this year at a lower valuation than planned earlier as several startups' IPOs have proved to be a nightmare for the investors
To meet ambitious electric vehicle targets, Indonesia has drawn in several battery and car manufacturers in recent months with a variety of incentives
The group is making a transition towards sustainability across businesses which includes a clean mobility push at Tata Motors and its British luxury unit Jaguar Land Rover, N Chandrasekaran said
The move follows the company's recent announcement that it will invest 48 bn rupees ($621 mn) in India to localise the supply chain for EVs, and is also part of its broader 2050 carbon-neutrality goal
Company feels target customers will be those who wants to use electric vehicle for inter-city travel
The model produces 105 kW (143 PS) of power and delivers a torque of 250 Nm, resulting in 0 to 100 sprint times in under 9 seconds
The two companies had earlier announced a collaboration for training and upskilling 20,000 mechanics in EV skill sets across the country
The company, backed by Japan's SoftBank Group, has recalled more than 1,400 e-scooters and appointed external experts to investigate the cause.
The company is also in talks with financial investors to raise over $200 million for its expansion
Foreign battery cells may not be suitable for Indian conditions: VK Saraswat
The company also said it is looking to tap into battery swapping and replacement markets apart from large Energy Storage System (ESS) applications in the domestic market
The automaker noted that hybrid technology is currently best suited for Indian conditions as it is not dependent on external charging infrastructure.
India wants e-scooters and e-bikes to make up 80 per cent of total two-wheeler sales by 2030, from about 2 per cent today
Mahindra Group is also seeking funds for the EV unit and will club it with Italian design house Automobili Pininfarina to form a separate company, according to the report
Bags order of 39,000 units from e-com players
A delegation of the Tata technologies called on Chief Minister Bhagwant Mann at his official residence.