Page 2 - Electric Mobility

India's corporate mobility market thrives amidst rising demand: Report

The ETS market, valued at Rs 50,350 crore in 2023, is projected to reach Rs 1.09 trillion ($13.2 billion) by 2030, according to the Red Herring Prospectus by Eco Mobility, a car rental company

Sterling Tools zooms 20%, hits new high; rallies 34% in a week on strong Q1

Sterling Tools is the second largest automotive fastener manufacturer in India. Its subsidiary, Sterling Gtake E-Mobility, is the largest Motor Control Unit manufacturer for the EV industry in India.

Gentari joins hands with Amazon India to achieve target of 10K EVs by 2025

Amazon India on Monday said that it has formed a strategic partnership with electric mobility firm Gentari for its EV deployment programme as it targets a fleet of 10,000 electric vehicles for last-mile deliveries by 2025. Under the collaboration, Gentari Green Mobility Business will procure and deploy electric vehicles for the company in the next three years besides providing comprehensive fleet management services to the delivery service partners (DSPs) to ensure the seamless operation and upkeep of the EV fleet, Amazon India said. The partnership will provide Delivery Service Providers (DSPs) access to more electric three-wheelers for Amazon deliveries, it added. "We aim to empower our delivery service partners by providing them access to the right electric vehicles, end-to-end vehicle life cycle management services, as well as charging and parking facilities," said Abhinav Singh, VP (Operations) at Amazon India. The company deployed more than 7,200 EVs in India at the end of 20

With new launch, Tata Motors takes on ICE vehicles in mid-size SUV segment

Priced Rs 17.49 lakh onwards, electric Curvv looks to take on Creta, Seltos

Govt extends Electric Mobility scheme, increases outlay to Rs 778 crore

The scheme was launched by the Ministry of Heavy Industries in March this year and aims to boost the adoption of electric vehicles (EVs) across the country

MyTVS lines up its expansion plans, sets sight on overseas market

Raghavan indicated that the presence of MyTVS has the potential to reach 750 towns in the next two years, versus around 450 towns now

BIS introduces new safety standards for electric vehicles to enhance safety

To improve the safety of electric vehicles, BIS has introduced new safety standards in the L, M, and N categories. Here's all you need to know

Mahindra group may join global firms for cell production in India: MD Shah

Mahindra Group is looking for partnerships with global players for local production of battery cells in order to cater to expected increase in demand for electric vehicles in the future, according to a top company executive. In an interaction with PTI, Mahindra Group MD and CEO Anish Shah said the company is looking at a 2030 timeframe for the possible listing of its electric vehicle arm Mahindra Electric Automobile Ltd (MEAL). "One area that we continue to look at more closely is cell manufacturing and that is something where there are various considerations... if we feel it's essential for us, we will look at a partnership for cell manufacturing," he stated. He further said: "We will look at a global technology partner, and potentially at private equity partners as well because we will not put the entire capital." The initiative, if it materialises, would enable local production of battery cells in India, Shah said. "..the only reason for us to do it is to indigenise in India. ..

Govt plans electrifying interstate buses with charging infra on key routes

Nearly 1.25-1.45 million buses (mainly diesel) operate on intercity or interstate routes currently, with around 250,000 controlled by state governments

Sales of first electric car 'SU7' 3-5 times higher than expected: Xiaomi

Lei, Xiaomi's founder, made the comments during a two-hour livestream on Douyin, the Chinese equivalent of TikTok, that garnered over 34 million viewers

Tata Passenger Electric, Shell India partner for EV charging stations

Tata Passenger Electric Mobility on Thursday said it has tied up with Shell India Markets to collaborate in establishing public charging stations across India. The collaboration will leverage Shell's widespread fuel station network and Tata Passenger Electric Mobility's (TPEM) insights from over 1.4 lakh Tata EVs on Indian roads to set up chargers at locations frequently visited by EV owners, the company, a part of Tata Motors, said in a statement. "Through this partnership, we aim to grow the existing charging infrastructure, which is crucial for mainstream adoption of EVs in the country, particularly as the customer base continues to expand," TPEM Chief Strategy Officer Balaje Rajan said. Shell India Markets Director Sanjay Varkey said the company is committed to define the EV charging experience by offering integrated solutions that prioritise convenience, safety, and sustainability.

Ola Cabs shuts down international ventures, shifts focus to Indian market

The future of mobility is electric - not just in personal mobility but also for the ride-hailing business, and there is immense opportunity for expansion in India, said the statement

24,000 Nm torque, 300 kWh battery: Tresa Motors unveils V0.2 electric truck

Tresa Motors designed the V0.2 with Indian road conditions in mind. The company says the truck is a durable and reliable solution for eco-friendly logistics, particularly e-commerce

Adani, TotalEnergies to set up EV charging stations at new MG dealerships

A unit of a joint venture between Adani group and French energy giant TotalEnergies will set up EV charging stations at new MG dealerships to bolster the charing network, the company said on Monday. "Adani TotalEnergies E-Mobility Limited (ATEL), a wholly-owned subsidiary of Adani Total Gas Limited (ATGL), and MG Motor India signed a memorandum of understanding (MoU) to strengthen the EV charging infrastructure in India," it said in a statement. In terms of MoU, ATEL will set up CC2 60 kW DC chargers at upcoming MG dealerships to bolster the charging network and enhance customer accessibility. "The partnership will also provide a comprehensive solution encompassing supply, installation, commissioning, operations, and maintenance of charging infrastructure. In addition, a digital platform will be launched to facilitate a seamless customer experience, covering discovery, user authentication, charging, and billing settlement through a dedicated mobile application," it said. Adani-Tota

India must keep e-scooter subsidies to boost adoption, says Ather CEO

India's e-scooter market is small but growing, accounting for 5% of total two-wheeler sales in fiscal 2023-2024

'Govt pushing ACC battery storage scheme, budget hiked 6x in few years'

The budget for the advanced chemistry cell sector has gone up 6x in the last few years, reflecting the government's continuous focus to boost the country's energy storage ecosystem, a senior official said. The National Programme on Advanced Chemistry Cell (ACC) battery storage was approved by the Union Cabinet on May 12, 2021 with budgetary outlay of Rs 18,100 crore. The scheme is aimed at strengthening the ecosystem for electric mobility and battery storage in the country. The scheme envisages to enhance India's manufacturing capabilities of ACCs by setting up of giga scale ACC and battery manufacturing facilities in India with emphasis on maximum domestic value addition. Addressing at the India Energy Storage Week 2024 (IESW 2024) curtain raiser even, Joint Secretary, Ministry of Heavy Industries Vijay Mittal said, "Ministry of Heavy Industries and the Government of India have provided a 6x growth in the budget." He said initially a budget of Rs 1,118 crore was provided. With .

Researchers use caffeine, AI as ways to boost EV efficiency, trim costs

In one of many novel discoveries uncovered by scientists in the alternative-energy field, researchers in Japan have found a way to boost efficiency and trim costs. Their secret is caffeine

EMPS 2024: Electric two-wheeler makers fear Rs 300 cr blow from new scheme

OEMs meet ministry officials, flag four key concerns

Uber boosts eco-mobility, backs Indian startups with sustainovate challenge

Uber is committed to achieving net-zero emissions by 2040 and has been continuously working with governments, partners, think tanks, and others to address global sustainability challenges, the company

Centre replaces FAME with EMPS to promote e2W, e3W, 4-wheelers kept out

The upcoming Electric Mobility Promotion Scheme is set to debut on April 1, supplanting the current Faster Adoption and Manufacturing Electric Vehicles- Phase-II initiative