Page 2 - Electronic Vehicles

Olectra Greentech surges 23% in one week on healthy business outlook

The company had said the strong demand continues with its net order book position of electric buses standing at 8,209 numbers after delivering 214 buses in H1.

Honda considers $14 billion plan for EV production plant in Canada: Report

Canada's industry minister's office said that reports about Honda looking to make a significant investment in Canada speaks to the quality of the country's workforce and the strength of its industry

Will driverless cars run on Indian roads? Nitin Gadkari clears the air

Union Minister Nitin Gadkari firmly stated his opposition to the introduction of driverless cars in India

Tata Power adds to EV charging infrastructure on Chandigarh-Shimla route

Tata Power on Tuesday said it has ramped up Electric Vehicle (EV) charging infrastructure on the Chandigarh-Shimla route to facilitate eco-friendly travel. The route connects two major cities -- Chandigarh and Shimla -- serving as a crucial link for travellers and businesses alike. "Tata Power, one of India's largest and leading EV charging solutions providers announced the activation of its EV charging infrastructure along the Chandigarh- Shimla highway, covering a total distance of 111 kms and addressing the demand for reliable charging options on this popular route," a company statement said. The strategically positioned charging stations at Hotel Falcon Crest on the Chandigarh-Shimla Highway around Kandaghat and The Oberoi Cecil, Chaura Maidan Road near Shimla, enhance the feasibility of EV travel on the route, as per the statement. The first charging point is 83 km from Chandigarh to Hotel Falcon Crest, and the other is 26 km from Hotel Falcon Crest to The Oberoi Cecil. Consu

Vedanta group firm Hindustan Zinc partners with Inland EV Green Services

Vedanta group firm Hindustan Zinc on Monday said it has partnered with Inland EV Green Services for deployment of 10 electric vehicle trucks. The move aims at reducing carbon emissions and promote cleaner modes of transportation. Dedicated to the inter-operations transport of concentrates, these eco-friendly trucks reaffirms the company's commitment to green and sustainable practices, it said. These trucks have a charging capacity of 20 to 100 per cent in just 90 minutes, the company added. "Our collaboration with Inland EV Green Services Pvt Ltd represents a significant step forward in our decarbonisation journey," Hindustan Zinc CEO Arun Misra said.

China's graphite curbs will accelerate plans for alternatives, say analysts

China's decision may escalate trade disputes globally and spur other countries to prioritize research into alternative sources and materials, industry executives said

Suzuki eyes exporting India-made EVs to Japan as early as 2025: Report

The production line would also make gasoline-powered cars and would reach an expected capacity of 250,000 units a year, the newspaper added

EV motorcycle startup Raptee raises $3 mn pre-Series A funding round

Premium EV motorcycle startup Raptee on Tuesday said it has raised USD 3 million in a pre-Series A funding round. The all-equity funding round led by deep-tech VC fund BlueHill Capital, also saw participation from industry stalwarts as well as HNIs, Raptee said in a statement. The funds will be utilised for augmenting the manufacturing facility, acquiring machinery, tooling for the soon-to-be launched motorcycle, and to scale up the team, it said. "This is our first institutional round. We want to launch a motorcycle in a mid-premium segment. We are extremely fortunate to be backed by investors from the manufacturing and transportation industries who understand long-term value creation and can add strategic value for us as we gear up for production and scale up," said Dinesh Arjun, Co-founder-CEO, Raptee. Raptee is a full stack electric motorcycle manufacturer. Its first motorcycle is expected to come in early 2024, with two experience centres in Chennai and Bengaluru. The EV star

SnapE cabs to more than double fleet in FY'24, expand to smaller cities

Ride-hailing app SnapE, which operates EV cabs, is planning to more than double its current fleet by the end of FY'24, and venture into smaller cities, a company official said on Tuesday. The company also plans to induct more women drivers in its workforce, said Mayank Bindal, the managing director of EC Wheels, which operates under the SnapE brand. "Besides expanding in the greater Kolkata region, which is our base, we plan to venture into smaller cities such as Bhubaneswar, Guwahati, Varanasi, Raipur, Indore, Bhopal, Jaipur and Ahmedabad over the next few years because of the potential of the untapped market," he told PTI in an interview. "We also want to provide affordable green vehicles to tourists, and are targeting the Varanasi-Ayodhya-Chitrakoot and Puri-Bhubaneswar-Konark-Chilika circuits initially," he said. The company plans to increase its fleet strength from 400 at present to 1,000 by the end of this financial year, Bindal said. "We intend to hire more women as drivers

EV makers body SMEV suspends constitution, appoints Sanjay Kaul for rejig

Industry body Society of Manufacturers of Electric Vehicles on Thursday said it is temporarily suspending its present constitution while appointing former BJP spokesperson Sanjay Kaul as its Chief Evangelist to help revise the agenda of the association. Kaul has been tasked with helping the EV sector tide over the crisis faced since last year with almost all OEMs in the sector dealing with issues of non-compliance with policy details of the FAME II scheme and rejig the association, Society Of Manufacturers Of Electric Vehicles (SMEV) said in a statement. 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 new structure is fashioned under his guidance, it added. "We have requested Kaul to help revise the agenda of the association for the sector and develop a new charter that aims to lift the industry from the situation it finds itself right now," SMEV Secretary General Ajay ..

Centre unlikely to offer import duty concessions to Tesla: Report

The present customs duty regime in India does not distinguish between electric cars and those that run on hydrocarbons and imposes high duties

Electric 2-wheeler players take on heavy industries dept on FAME 2

The companies said subsidies of as much as Rs 1,400 crore had been passed on to customers over the past 15 months

Delhi to get more EVs as PFC sanctions Rs 633 cr loan for cabs, 3-wheelers

The 5,000 passenger e4Ws (Electric Four-Wheelers) being launched in Delhi are expected to result in emission savings of over 1,00,000 tons of Carbon dioxide

EVs to replace all govt vehicles by 2030, says Uttar Pradesh CM Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath said that all state government vehicles will be gradually replaced with EVs by 2030.

JK Tyre looks to expand retail presence; bolster presence in SUV, EV space

JK Tyre Industries is looking to expand its retail network across the country by up to 20 per cent over the next 12-18 months, a top company official said on Monday. The company, which on Monday expanded its retail presence in North India by opening six outlets, is also looking to bolster presence in the fast-growing sports utility vehicle and electric vehicle verticals. "We currently have around 650 brand shops across the country. Over the next 12-18 months we expect a 15-20 per cent addition in these outlets as we look to go nearer to the customer," JK Tyre and Industries President (India) Anuj Kathuria told PTI here in an interaction. The company on Monday launched six new brand shops spread across Uttar Pradesh, Haryana and Rajasthan as part of its plans to improve presence especially in smaller towns and rural areas. JK Tyre now has 221 brand outlets in the northern part of the country. "Customer needs are now not limited to the big centres. With growing car parc, customers i

Fyn Mobility partners Exponent Energy to roll out 1,500 electric vehicles

Electric vehicle ecosystem platform Fyn Mobility on Thursday said it has partnered with Exponent Energy to roll out 1,500 Altigreen manufactured electric three-wheelers, which could be fully charged in 15 minutes. The new fleet of Altigreen's three-wheeler, neEV Tez, along with Exponent Energy's e-pump charging network will make the company the world's first logistics player to operate a fleet of EVs that can be fully charged in 15 minutes, Fyn said. With this partnership, Fyn plans to roll out these EVs to be cross-utilised, making the overall cost of operations to businesses much more affordable, and open up new opportunities within the industry, it said. The company claims it helps businesses and delivery agglomerates in the e-commerce, quick-commerce, grocery, pharma and courier sectors in solving their last mile and micro mobility challenges in Bengaluru, Chennai and Hyderabad. The rise in the e-commerce and logistics sector has propelled the demand for dependable last-mile ..

EV startup Simple Energy raises $20 mn from investors in Bridge round

Electric vehicle startup Simple Energy on Tuesday announced raising USD 20 million (about Rs 165 crore) from a clutch of investors as a part of its ongoing Bridge round. The funds will be utilised in a phased manner to ramp up production of the company's maiden e-scooter Simple ONE, which has not yet been delivered to a single customer even after 18 months of its launch. The company has been deferring deliveries of the vehicle since December 2021. "We have received a phenomenal pre-booking response, and to cater to the demand, we are raising funds in a timely manner. The funds raised will be strategically used to aid the production ramp-up and for a quicker delivery commencement," said Suhas Rajkumar, founder and CEO of Simple Energy. The company claims that it has received over one-lakh bookings for the e-scooters. "We have successfully de-bottlenecked product constraints and are confident that we will soon start deliveries of Simple ONE," Rajkumar said. The company recently ...

India Inc looks to plug into EV-charging infrastructure at work

Logistics player FedEx is converting its parcel pickup and delivery fleet into zero-emission vehicles by 2040

JK Tyre launches specialised product range, sees demand from EV, SUVs

Company launches smart tyres that give real-time updates about pressure, temperature and punctures to phone app

At 3.8 million units, PV sales rev up to highest ever in 2022: Siam

Data showed that passenger vehicle sales grew by 23 per cent in 2022 compared to the previous year to touch 3.79 million units