Page 4 - Latest Updates on Electric Vehicle
Electric two-wheeler registrations fall 5% to 32,450 in July, shows data
Ather Energy, despite launching new model, saw its registrations fall 68 per cent in July to a mere 1,227 units
 "Electric two-wheeler registrations fall 5% to 32,450 in July, shows data")
Can Ola Electric ride over the multiple challenges and emerge stronger?
Registrations are down, and ranking too. But the player insists it is ready for the many challenges staring it in the face
 "Can Ola Electric ride over the multiple challenges and emerge stronger?")
Chhattisgarh govt approves electric vehicle policy to create employment
The state government will allocate 500-1,000 acres for developing an EV park, which will have an incubation centre for start-ups
 "Chhattisgarh govt approves electric vehicle policy to create employment")
Tata Chemicals has no EV plant plan, lines up Rs 5,000-crore capex
Tata Chemicals' consolidated turnover for financial year 2021-22 (FY22) grew 24 per cent to Rs 12,622 crore over the previous year
 "Tata Chemicals has no EV plant plan, lines up Rs 5,000-crore capex")
Recovery tracker: Mobility on the rise, vehicle registrations up 8.7%
Railways showed a moderation in freight growth numbers
 "Recovery tracker: Mobility on the rise, vehicle registrations up 8.7%")
Electric vehicles to drive auto capex up by Rs 70,630 crore in 5 years
The auto component industry, which has traditionally relied on engine parts for the bulk of its business, is ready for the electric shift
 "Electric vehicles to drive auto capex up by Rs 70,630 crore in 5 years")
M&M to invest Rs 15,300 cr to fortify position in auto, farm eqpt and EVs
Mahindra is eyeing a pole position in SUVs in volume terms - a place it held three years ago
 "M&M to invest Rs 15,300 cr to fortify position in auto, farm eqpt and EVs")
Three Wheels United raises $10 mn to increase financing for EV 3-wheelers
TWU has previously raised funding from Asian Development Bank Ventures, Techstars, Microsoft, and investors from the Middle East, Europe, and US
 "Three Wheels United raises $10 mn to increase financing for EV 3-wheelers")
Govt notifies new vehicle insurance rates, will be applicable from June 1
A discount of about 15% and 7.5% on the premium has been allowed for electric and hybrid electric vehicles, respectively
 "Govt notifies new vehicle insurance rates, will be applicable from June 1")
How policy uncertainty, other factors made Ford pull the plug on its EV PLI
The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat
 "How policy uncertainty, other factors made Ford pull the plug on its EV PLI")
BMW i4 electric sedan to launch in India today: Check price, features
The BMW i4 is expected to be available in two variants - the eDrive40 and the M50 xDrive
 "BMW i4 electric sedan to launch in India today: Check price, features")
Faulty battery cells and modules likely caused e-scooter fire, probe finds
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
 "Faulty battery cells and modules likely caused e-scooter fire, probe finds")
Niti Aayog's draft EV battery policy leaves too many unanswered questions
The mode of financing vehicles without a battery has not been spelt out
 "Niti Aayog's draft EV battery policy leaves too many unanswered questions")
Ola Electric to raise prices of S1 Pro e-scooter in next purchase window
Ola Electric has announced that it will be raising prices of S1 Pro e-scooters in the next purchase window
 "Ola Electric to raise prices of S1 Pro e-scooter in next purchase window")
Ola delivers S1 scooters to its first 100 customers in Chennai, Bengaluru
The company said it organised special events in Bangalore and Chennai on Wednesday to deliver both S1 and S1 Pro trims to the first 100 customers
 "Ola delivers S1 scooters to its first 100 customers in Chennai, Bengaluru")
Ather Energy offers proprietary fast-charging connector to other EV makers
Electric scooter maker Ather Energy on Tuesday said it will offer its proprietary fast-charging connector to other EV two-wheeler manufacturers as well for faster adoption of these vehicles.
 "Ather Energy offers proprietary fast-charging connector to other EV makers")
Ola Electric raises $100 mn in long-term debt from Bank of Baroda
The company has claimed this to be the largest long-term debt financing agreement for the Indian EV industry
 "Ola Electric raises $100 mn in long-term debt from Bank of Baroda")
UK's Arrival, Uber to develop electric ride-hailing 'Arrival Car' by 2023
Arrival and Uber will also explore a strategic relationship in key markets, including the United Kingdom, European Union and United States
 "UK's Arrival, Uber to develop electric ride-hailing 'Arrival Car' by 2023")
Sales of electric vehicles in India fell 20% to 236,802 units in FY21: SMEV
Society of Manufacturers of Electric Vehicle (SMEV) on Thursday said sales of EVs in India fell 20 per cent in the financial year 2020-21 to 2,36,802 units
 "Sales of electric vehicles in India fell 20% to 236,802 units in FY21: SMEV")
South Korea to set global standards for electric vehicles wireless charging
South Korea said on Thursday it will ramp up efforts to promote a homegrown charging technology for EVs as an international standard, as the country plans to penetrate deeper into the growing sector
