Ev Market

Will India's policies help it win the EV race?

Ford scrapped its EV plans in India. Tesla is also exploring options in Indonesia after haggling with India over duties and tariffs. Let's find out if India's EV policies require some tweaking

TMS Ep171: Gig worker shortage, EV policy, markets, sedition law

Why is India facing a shortage of gig workers? Will India's policies help it win the EV race? Will summer cheer hydrate consumer durable stocks? What is sedition law? All answers here

Ola Electric edges rivals to claim top spot among Indian e-scooter firms

Ola Electric has grabbed the top spot in the fast-growing electric vehicle (EV) market in India, in just five months of launching its first e-scooter.

India's largest EV charging station for 4 wheelers opens in Gurugram

India's largest electric vehicle (EV) charging station with a capacity of 121 charging points for 4 wheelers, has been opened here in Sector 86

Ford set to announce plans to run EV, ICE as separate businesses: Report

The two units will have separate names but will remain under the Ford corporate umbrella.

Tesla reportedly planning to launch its own in-car App Store

Even as Musk backs Epic Games and calls Apple's App Store, 'a de facto global tax', it's said that Tesla is working on its own rival, reports AppleInsider

India close to finalising incentives under new battery swap scheme: Report

The policy will initially focus on battery swap services for electric scooters, motorcycles and three-wheeled auto rickshaws

Buy Tesla stock as the EV maker 'checks all the boxes,' says Credit Suisse

The analysts wrote that they expect Tesla shares to recover from their recent pullback, supported by strong fundamentals including volume growth and sustained margin strength

Oye Rickshaw plans to deploy over 100,000 e-rickshaws this year

Matrix Partner-backed EV mobility firm Oye Rickshaw on Tuesday said it is planning to deploy over 1,00,000 e-rickshaws and expand operations to 25 new cities by this year.

Why India's EV sector is torn between swappable and integrated batteries

Electric vehicle makers and service providers are grappling with the question of whether swappable or integrated batteries should drive the electric future

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

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

Mahindra's SsangYong joins Chinese firm for EV battery development

SsangYong Motor has signed a memorandum of understanding with BYD Auto to develop car batteries and produce battery packs for its models

Boom Motors forays into EV space; rolls out Boom Corbett at Rs 89,999

The bike features a 2.3 kWh- which can optionally be doubled to 4.6 kWh - giving the vehicle a best-in-class range of up to 200 kms

Encouraged by demand, EV makers line up investment, increase capacity

Tamil Nadu leads among the states, expects investment doubling to 40,000 crore in 2 years

Govt to aim for 30% EV sales penetration for private cars by 2030: Gadkari

To fulfill everyday transport needs of a large population, he said his ministry is focusing on the development of efficient and affordable public transport systems

Have asked Tesla to make EVs in India; govt will give all support: Gadkari

The road transport and highways minister said that he is still in dialogue with Tesla officials regarding the company's demand related to tax concessions

Okaya launches electric scooter Freedum with price starting at Rs 69,900

Energy storage solutions provider Okaya Group's EV arm on Thursday launched a new electric scooter Freedum with a price starting at Rs 69,900. The company already sells two electric scooters -- the AvionIQ series and ClassIQ series. Freedum, which would be available with both lithium-ion and lead-acid battery options, will be the company's third product in the market. Okaya said the new scooter is being rolled out from its Baddi (Himachal Pradesh) based manufacturing plant. The Freedum will be launched in four variants, comprising low-speed and high-speed trims with a maximum range of around 250 km per charge. Electric is the future and we find ourselves best placed to offer a high-quality, value for money proposition to every Indian. Owing to our allied business interests, it is only natural for us to have an advantage in the market space," Okaya Power Group Managing Director Anil Gupta said. The company said it aims to launch 14 new products, including a high-speed motorcycle an

India eyes turning 3-wheelers into EVs to achieve '30% EVs by 2030' target

After four- and two-wheelers, India is eyeing to turn a significant part of 6 million three-wheelers on roads into electric vehicles

Ola Cabs CEO Bhavish Aggarwal takes on Elon Musk over EV duty cut

The e-scooter's pre-launch garnered bookings of close to 100,000 in 24 hours