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Electric Vehicles Market

Electric Vehicles.

Demand For Electric Two Wheelers Slowing Down Due To Reduced Govt Subsidy: Report

Sales of electric two wheelers also significantly declined in Q1 FY24 due to the government withholding FAME subsidies for certain Original Equipment Manufacturers (OEMs), a report said on thursday

18 August 2023

Electric vehicles rely on electricity to charge their batteries instead of using fossil fuels like p

India Electric Mobility Council Demands Continuation Of Incentives For Electric Vehicle Sector

The central government launched the FAME (faster adoption and manufacturing of hybrid and electric vehicles) scheme in 2015, under which subsidies are given to electric vehicle manufacturers and the benefit is passed on to...

10 August 2023

97 electric buses launched by Delhi Govt

Govt To Come Out With Payment Security Mechanism To Support Large-Scale E-Bus Rollout

Kapoor highlighted the need to be "a little more serious" in battery manufacturing "because we can't depend on imports"

03 August 2023

97 electric buses launched by Delhi Govt

PM-EBus Sewa To Act As Catalyst For EV Promotion Across Urban Centres: SMEV

"Buses being a pivotal source of urban pollution, the decision will help substantially reduce pollution levels and consequential carbon emissions," SMEV Director General Sohinder Gill said in a statement

17 August 2023

Electric vehicles

Kinetic Engineering Sets Up New Firm To Make EV Motors, Controllers And Batteries

Kinetic Watts & Volts was formed in September 2022 as a subsidiary of Kinetic Engineering to focus on anything electric to ensure a sustainable future for EVs as there is a lot of adoption

06 August 2023

Electric vehicles

Centre To Recover Rs 469 Cr From 7 Electric 2W Makers For Non Compliance With FAME II

The ministry conducted the investigation after receiving anonymous emails alleging that several EV makers were claiming subsidies without complying with the Phased Manufacturing Plan (PMP) rules, which are intended to boost...

24 July 2023

Electric Vehicles.

EBikeGo To Launch Muvi Brand Of E-Scooters In Intl Market Next Fiscal

eBikeGo has strategically handpicked Virginia, Barcelona and Spain as the pivotal locations for its international operations, which will commence from fiscal year April 2024, the company said in a statement

16 August 2023

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Union Cabinet Clears Rs 26,000 Crore Scheme To Amplify Automobile Production, Increased Focus On Electric Vehicles

Govt Rejects Chinese BYD-Megha Engineering's USD 1 Bn Proposal To Set Up EV plant

Domestic infra major MEIL and BYD's joint venture proposed to set up an electric vehicle (EV) manufacturing plant in Telangana with a joint investment outlay of USD 1 billion (around Rs 8,200 crore)

24 July 2023

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19 July 2023
All New Tourist Vehicles In Goa To Be EVs From Jan 2024: CM Sawant

All New Tourist Vehicles In Goa To Be EVs From Jan 2024: CM Sawant

Goa ranks fourth in India in terms of percentage of electric vehicles (EVs) purchased in any state, Sawant said


12 July 2023
Lohum Partners with Altigreen Recycle EV Batteries

Lohum Partners with Altigreen Recycle EV Batteries

Under this partnership, Lohum will recycle end-of-life batteries from Altigreen electric vehicles via its NEETM technology, recovering 95 per cent of...


11 July 2023
Minda Corporation Bags Rs 750 Cr Order For EV Battery Chargers

Minda Corporation Bags Rs 750 Cr Order For EV Battery Chargers

Minda Corporation Executive Director Aakash Minda said the order is "a testament to Spark Minda's robust EV product portfolio and our focus on customer...


06 July 2023
EV Makers Body SMEV Suspends Constitution, Appoints Sanjay Kaul To Lead Rejig Of Association

EV Makers Body SMEV Suspends Constitution, Appoints Sanjay Kaul To Lead Rejig Of Association

SMEV will go into voluntary hibernation to coincide with the appointment of Kaul as Chief Evangelist. It will suspend all operational actions until such time a...


15 June 2023
Raptee Plans To Invest Rs 85 Crore In Chennai Manufacturing Facility

Raptee Plans To Invest Rs 85 Crore In Chennai Manufacturing Facility

Announcing the opening of the facility, spread over 3 acres, the ex-Tesla executives-backed company said it will also house a majority of its research and...


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16 May 2023
Sona Comstar Inks Licensing Pact With Equipmake To Produce EV Components

Sona Comstar Inks Licensing Pact With Equipmake To Produce EV Components

Equipmake has patented technology offering higher power density and efficiency with high performance.


02 February 2023
Electric Vehicle Manufacturers Welcome Continuation Of Import Sops

Electric Vehicle Manufacturers Welcome Continuation Of Import Sops

The credit relief measures given to MSMEs in the Union budget  are a welcome move, SMEV said and added that  since many EV manufacturers also fall in this...


25 July 2022
Moto Business Service To Manage Electric Vehicles Of FullFily

Moto Business Service To Manage Electric Vehicles Of FullFily

Under the partnership, Moto Business Service India (MBSI) will manage electric two and three-wheelers of FullFily, which is an end-to-end electric...


15 July 2022
White Paper On Status Of EV adoption In India To Be Unveiled At EVConIndia 2022

White Paper On Status Of EV adoption In India To Be Unveiled At EVConIndia 2022

The EVConIndia 2022 is being organised by the world’s first sector-specific professional networking platform Blue Circle in Gurugram on July 29, a statement...


28 June 2022
Do Hybrid Cars Make More Sense Than EVs In India?

Do Hybrid Cars Make More Sense Than EVs In India?

Several companies, including Maruti Suzuki India and Toyota have often argued that hybrid cars make more sense in markets where infrastructure is not ready for...


23 June 2022
BIS Issues Performance Standards For Electric Vehicle Batteries

BIS Issues Performance Standards For Electric Vehicle Batteries

BIS, the national standards-setting body that functions under the consumer affairs ministry, has published the "performance standards for electronic vehicle...


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17 June 2022
EV Prices To Be On Par With Cost Of Petrol Vehicles Within A Year: Gadkari

EV Prices To Be On Par With Cost Of Petrol Vehicles Within A Year: Gadkari

Gadkari further said the government is promoting ethanol produced from crop residue instead of petrol and diesel


16 June 2022
Domestic EV Industry To See 10 Million Vehicle Sales By 2030: Study

Domestic EV Industry To See 10 Million Vehicle Sales By 2030: Study

To meet this rising demand, India is accelerating plans to manufacture Lithium-ion cells within the country, anticipating $2.3 billion in government subsidies...


12 June 2022
Top 5 Reasons Why Electric Vehicles Are The Future Of Driving In 2022

Top 5 Reasons Why Electric Vehicles Are The Future Of Driving In 2022

The global market for electric vehicles (EVs) is growing continuously at a compounded annualised growth rate (CAGR) of 21.7 per cent. It is expected to grow...


02 June 2022
Regulatory Support, Charging Infra Can Help Faster EV Adoption In India: Kia

Regulatory Support, Charging Infra Can Help Faster EV Adoption In India: Kia

The automaker noted that the lack of incentives for buyers in the personal space could lead to slow adoption of such cars in the country


30 May 2022
Bounce Infinity Ties Up With BPCL To Set Up Battery Swapping Infra

Bounce Infinity Ties Up With BPCL To Set Up Battery Swapping Infra

The battery swapping service starting from Bengaluru will be expanded to major metro cities in a phased manner, and the company aims to set up 3,000 stations...


13 May 2022
Hyundai To Announce $7 Billion US Plant During Biden's Asia Visit: Report

Hyundai To Announce $7 Billion US Plant During Biden's Asia Visit: Report

Hyundai is finalising those plans as President Joe Biden is set to travel to South Korea next week as part of his first visit to Asia during his presidency


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