electric vehicles: Page 4

News and Trends

We Will Adopt Diversified Approach To Meet National Objectives: Maruti Suzuki

The company will launch its first electric vehicle and promote diverse eco-friendly technologies in FY25. The company aims to roll out six EV models by FY31, depending on cost reductions and the growth of local charging infrastructure.

Growth Strategies

E2W Sales Sees Growth After Four Months

If we look at company wise data, the market leader Ola Electric whose IPO has opened today, recorded 114 per cent YoY growth with 41,597 units sold in July 2024

News and Trends

Atleast Two EV Charging Points Mandatory In Commercial & Residential Buildings In Karnataka

According to the SOPs, consumers, owners, and associations who would like to install additional EV charging stations in the spaces which are specifically identified for those installations under the new clause would have to obtain permission from the distribution licensee which can also be the escom.

News and Trends

Mahindra & Mahindra To Introduce 7 EVs By 2030

M&M currently sells the XUV400 in the EV segment and aims to expand its offerings by adopting more cost-effective lithium iron phosphate (LFP) technology over the more expensive nickel manganese cobalt (NMC) technology favoured in Europe.

News and Trends

DecoverAI and ElectricPE Raise Early Stage Funding

New-age tech startups DecoverAI and ElectricPE have announced early-stage investments for further advancements in existing technology and market solidification.

News and Trends

Revolt Motors Get Approval On Subsidy Under EMPS

As per the current EMPS scheme, this is eligible for INR 10,000 per motorcycle as subsidy from Government of India, which will make it competitively priced in the market further boosting both the sales and profitability of the company in a big way.

Growth Strategies

Understanding Customer Needs Key To Sustainable Business: EV Experts

MediaTek and JioThings have jointly launched an indigenously made Internet of Things (IoT) platform for the electric two-wheeler market.

News and Trends

Pushing for India's Electric Dream

Kinetic Green boasts of being the first company to develop ARAI approved electric three-wheelers and the first to offer Lithium-ion battery technology in their electric three-wheelers in India

Business News

Tesla Now Has Nearly 800 New Jobs Open — Up From Only 3 Roles in May

The job openings could indicate where Elon Musk wants to steer Tesla next.

Growth Strategies

High Copper Prices To Pose Challenges For EV Players

The rise in the red metal price will force manufacturers either to absorb the costs, reduce profit margins or increase vehicle prices.

News and Trends

Mercedes-Benz Mulls Assembling More EVs in India

Since October 2022, Mercedes-Benz India has been assembling the EQS at the Chakan plant. This is the only model currently being assembled locally out of the four EV models sold in India—SUVs EQA, EQB, and EQE, and the EQS sedan.

News and Trends

EV Companies Should Invest Into Supply Chain: Bhavish Aggarwal

His comments came after Zerodha co-founder Nikhil Kamath took a light-hearted dig at Ather Energy's marketing strategy. Kamath appreciated Ather products for their quality but called out their inefficient marketing strategy.

News and Trends

SIAM Seeks SOPs For EVs, Additional Incentives For Vehicle Scrapping

The Faster Adoption and Manufacturing of Electric Vehicles scheme, if unveiled, is expected to offer financial incentives to electric two-wheelers and three-wheelers as well as government-owned buses.

News and Trends

Indian Companies Leading the Charge in Electric Vehicles

These pioneers are not just aiming to capture a market share; they're striving to redefine the future of mobility in the world's second-most populous country.

Growth Strategies

EV Industry Lauds UP Govt's Decision On Strong hybrid Vehicles

This comes after the Uttar Pradesh government had announced a three-year exemption from tax and registration fees for the purchase of EVs which will be valid for five years for EVs manufactured within the state, last year.