Indian electric vehicle (EV) market could be worth around Rs 14.42 lakh crore if the country were to achieve its 2030 EV ambitions but would need cumulative investment of about Rs 12.50 lakh crore for the same, according to a study by CEEW Centre for Energy Finance (CEEW-CEF). According to the study, an initiative of […]
Electric two-wheeler penetration in India is expected to reach 25-35 percent and that of e-three-wheelers at 65-75 percent by 2030 even as OEMs and both central and state governments need to work collaboratively for an integrated policy and creating a conducive ecosystem for EV adoption in the country, a report said on Tuesday. According to the […]
Inverted Energy Private Limited announced on Wednesday the inauguration of its lithium battery manufacturing plant in Okhla Industrial Area, Delhi. According to a company release, the plant has an annual production capacity of 100Mwh which will be increased in the coming months. “Various states in India are having plans for electric vehicles. It is reported […]
Mahindra and Mahindra is all set to launch the much awaited electric SUV e-KUV100 by early next year. If reports are to be believed then the carmaker’s MD and CEO Pawan Goenka has confirmed that work is on to start delivering e-KUV100 to dealers, and is likely to be available for customers in the next three months. […]
Kinetic Green is looking to set up a manufacturing facility for electric golf carts besides a battery swapping unit at an investment of Rs 1,750 crore in Andhra Pradesh, a top company official said. Kinetic Green Energy & Power Solutions, which is a part of the Pune-based Kinetic Group, had in February 2018 announced setting […]
Chemi Tech Group has joined hands with Sunpower Renewables, Australia to bring in their Lithium-Ion Based Off-Grid solutions along with Electric Vehicle Charging based solutions in India. The company plans to start production at their manufacturing unit in Hyderabad from June 2021 onwards, till that time, the units will be imported from Melbourne. Chemi Tech […]
Magenta has appointed Bhavana Srivastava as Head of Client Servicing. The company’s business strategy aims at solving challenges that clients face in clean energy and EV Charging. Keeping up with the aggressive growth targets, the management aims at acquisition and retentions of the client with the help of the newly appointed member. Bhavana Srivastava brings […]
Electric vehicle start-up Etrio on Tuesday announced its foray into e-three-wheeler space with ”Touro” range of products with prices starting at Rs 1.7 lakh, catering to the cargo segment. The passenger variants of the electric three-wheelers will be rolled out soon. The company had raised funding of USD 3 million (over Rs 20 crore) last […]
Gujarat, Maharashtra and Uttar Pradesh may cheaper Electric vehicles (EV), as these states reportedly considering to float purchase incentives in line with the Centre’s flagship EV policy that gives direct subsidies to buyers. ET citing people aware with matter notes that the three state governments have reached out to experts and manufacturers to seek views […]
EV makers have hailed the new electric vehicle policy of the Delhi government and hope it will look into exclusion of e-scooters with speed of upto 25 Kms per hour from the incentive scheme. As per the policy, only electric two-wheelers with minimum top speed of 40 Km per hour will be eligible for incentives. […]
