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Okinawa Autotech

Centre likely to drag defaulters of FAME scheme to Delhi High Court

In addition to taking legal action in court, the ministry is also "debarring" these OEMs from participating in any other government schemes administered by the ministry

Centre likely to drag defaulters of FAME scheme to Delhi High Court
Updated On : 18 Mar 2024 | 11:30 PM IST

Okinawa acknowledged violating FAME scheme: Govt in Delhi High Court

HC asks govt to submit affidavit; next court hearing on December 18

Okinawa acknowledged violating FAME scheme: Govt in Delhi High Court
Updated On : 08 Dec 2023 | 9:21 PM IST

FAME II scheme: Hero Electric, Okinawa Scooters claim 'no violation'

Hero Electric, on the other hand, said that their case was being settled in a manner similar to that of Ola, Ather, TVS, and other companies

FAME II scheme: Hero Electric, Okinawa Scooters claim 'no violation'
Updated On : 10 May 2023 | 11:04 PM IST

Not in receipt of Centre's notice for subsidy recovery: Okinawa Autotech

Okinawa and Hero Electric have been in the eye of the storm

Not in receipt of Centre's notice for subsidy recovery: Okinawa Autotech
Updated On : 04 May 2023 | 11:02 PM IST

Facing the heat: Govt slaps Rs 249-crore fine on Hero Electric, Okinawa

Hero Electric claimed that its vehicles were fully in compliance with the FAME certification in the subject period

Facing the heat: Govt slaps Rs 249-crore fine on Hero Electric, Okinawa
Updated On : 01 May 2023 | 11:34 PM IST

Electric two-wheeler sales skid by nearly a fourth in April: VAHAN data

Govt's punitive action leads to a big dent in registrations

Electric two-wheeler sales skid by nearly a fourth in April: VAHAN data
Updated On : 30 Apr 2023 | 11:01 PM IST

Top Headlines: Sebi on Adani row probe, H-1B lottery system fraud & more

Business Standard brings you top news at this hour

Top Headlines: Sebi on Adani row probe, H-1B lottery system fraud & more
Updated On : 29 Apr 2023 | 9:21 AM IST

Compliant with localisation norms under FAME II: Okinawa MD Sharma

Co submitted requisite documents; awaiting meeting with MHI; at an industry level subsidy worth Rs 1,500 cr held up

Compliant with localisation norms under FAME II: Okinawa MD Sharma
Updated On : 22 Mar 2023 | 10:58 PM IST

TVS Motors increases market share in electric two-wheeler space

Automaker raises share to over 16% with 9,153 registrations in January

TVS Motors increases market share in electric two-wheeler space
Updated On : 29 Jan 2023 | 10:43 PM IST

Okinawa to invest 25 mn euros in next 3 years to develop new products

Electric two-wheeler manufacturer Okinawa Autotech on Wednesday said it will invest 25 million euros (over Rs 220 crore) in the next three years on the development of new products and powertrain. The company said the development will take place at its newly inaugurated first research and development centre in Italy, set up in association with its joint venture partner Tacita. "The first product designed at the global centre will be an electric cruiser motorcycle that is scheduled to be unveiled in the coming months in India," Okinawa Autotech said in a statement. A total investment of 25 million euros over the next three years has been planned for developing new products and powertrain, it added. "Setting up the global R&D centre showcases our ambition to bring the best technologies from the entire world to our Indian customers. The centre will be working on developing futuristic technologies for next-gen electric vehicles," Okinawa Autotech MD and founder Jeetender Sharma ...

Okinawa to invest 25 mn euros in next 3 years to develop new products
Updated On : 25 Jan 2023 | 5:26 PM IST

Ather Energy takes on Ola, Okinawa, opens second manufacturing facility

Firm is in also in talks with various state govts to set up a third plant, which when completed, is likely to have a capacity of a million units a year

Ather Energy takes on Ola, Okinawa, opens second manufacturing facility
Updated On : 23 Nov 2022 | 10:04 PM IST

Indian EV makers 'not doing it right', says Gogoro CEO Horace Luke

Luke on Thursday launched Gogoro in India with a pilot project in collaboration with ZyppElectric

Indian EV makers 'not doing it right', says Gogoro CEO Horace Luke
Updated On : 03 Nov 2022 | 7:14 PM IST

Zooming ahead: 68,324 two-wheeler EVs sold in Oct, highest in 2022

ICE two-wheeler registrations have grown even faster than electric vehicles month-on-month following a definite slowing down in the last few months

Zooming ahead: 68,324 two-wheeler EVs sold in Oct, highest in 2022
Updated On : 30 Oct 2022 | 11:50 PM IST

FAME-II: Subsidies to Hero Electric, Okinawa halted for non-compliance

Centre has also asked Greaves Cotton's Ampere, Rattanindia's Revolt, Okaya and Jitendra EV to face an audit to be conducted by the Automotive Research Association of India (ARAI)

FAME-II: Subsidies to Hero Electric, Okinawa halted for non-compliance
Updated On : 07 Oct 2022 | 10:17 AM IST

Road ministry amends battery safety norms, to come into effect from Oct 1

Concerned over cases of fire incidents observed in electric two-wheelers, the road transport ministry has introduced additional safety provisions in the battery safety standards which will come into effect from October 1, according to an official release. The amendments include additional safety requirements related to battery cells, on-board charger, design of battery pack, and thermal propagation due to internal cell short circuit leading to fire. The notification to mandate amended standards for the respective categories of electric vehicles with effect from October 1, 2022, is in progress, the release said. In April this year, cases of electric two-wheelers of manufacturers such as Ola Electric, Okinawa Autotech and PureEV catching fire were reported. It prompted the government to form a panel to examine. "Based on the recommendations of the expert committee report, the ministry on August 29, 2022, has issued amendment to AIS 156- Specific requirements for motor vehicles of L

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Updated On : 01 Sep 2022 | 11:59 PM IST

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?
Updated On : 10 Jul 2022 | 10:45 PM IST

Centre sends show cause notice to Ola Electric, Okinawa, others on EV fires

Alarmed at the unabated EV fire incidents, the Centre has now sent show cause notices to EV manufacturers like Ola Electric, Okinawa Autotech and Pure EV, among others

Centre sends show cause notice to Ola Electric, Okinawa, others on EV fires
Updated On : 05 Jul 2022 | 12:47 PM IST

Govt mulls penalising companies for EV fire as voluntary recall begins

Nearly 7,000 e-two-wheelers taken off the roads; show-cause notice to companies sent based on findings of a report by a DRDO laboratory

Govt mulls penalising companies for EV fire as voluntary recall begins
Updated On : 05 Jul 2022 | 1:24 AM IST

Fire incident at Mangalore showroom due to short circuit: EV maker Okinawa

This is the second such incident occurring at the Gurugram-headquartered EV maker's showroom in the recent past as earlier in April this year one of its outlets in Tamil Nadu was engulfed in flames

Fire incident at Mangalore showroom due to short circuit: EV maker Okinawa
Updated On : 25 Jun 2022 | 1:03 AM IST

Okinawa Autotech to invest Rs 500 cr for manufacturing plant in Rajasthan

Electric two-wheeler maker Okinawa Autotech on Wednesday said it will invest Rs 500 crore to set up a new manufacturing plant at Karoli in Rajasthan. Spread across 30 acres of land, the factory will have an annual production capacity of 10 lakh units and will be fully operational from October 2023, Okinawa Autotech said in a statement. The plant will employ more than 5,000 people. This will be the third plant of the company apart from the two manufacturing facilities at Alwar in Rajasthan, it added. "As the market leader in the electric two-wheeler segment, we are committed to addressing the most significant issues faced by the sector. The R&D facilities planned in the mega factory will be futuristic to ensure we meet the sector's demand ahead," Okinawa Autotech founder and MD Jeetender Sharma said. The factory will not only concentrate on the manufacturing of vehicles, but it will also have a supplier park that will take into account motors, controllers, battery packs and other ..

Okinawa Autotech to invest Rs 500 cr for manufacturing plant in Rajasthan
Updated On : 22 Jun 2022 | 12:14 PM IST