Automobile giant Mahindra & Mahindra is eyeing a capacity of 5,000 e-vehicles a month by 2019 which will be expanded further.
Japanese automaker Nissan is exploring the launch of its all-electric vehicle Leaf in the country.
India's very own Tesla is off to a crooning start in Hyderabad -- Gayam Motor Works: the company that Ola is reportedly looking to partner with for its electric vehicle (EV) foray, told CNBC-TV18 that their swap stations to refuel lithium-ion batteries could propel the EV story here.
The company today announced a partnership with Zoomcar, a self-driven car-rental firm, to promote shared mobility of electric cars in India.
Owned by innovator and serial entrepreneur Elon Musk, Tesla has not given in to India's offer of land near a major port to facilitate exports, and other incentives.
Toyota and Suzuki heads met up on Thursday to discuss future alliance between the two companies, a partnership that was announced last month.
ChargePoint, which operates the world's largest network of electric vehicle charging systems with over 33,000 charging ports in the United States, Canada and Mexico, said it had secured the initial USD 82 million in funding, and that investors had committed to the remainder in what would be a second close soon.
But the carmaker's operations continued to burn through cash, and Chief Executive Elon Musk told analysts on a conference call that he may ask Wall Street for more.
The report proposes a new 'starting point' scenario that takes in cost reduction projections for electric vehicles and solar photovoltaic technology, as well as emissions commitments made under the historic Paris Climate Agreement.
The company has marked the entry level P2 variant of the vehicle for fleet owners but hasn't disclosed its price yet.
Apart from the standard electric car benefits like zero emissions, low running costs, ease of driving and home charging, the e2oPlus will feature an increased range and fast charging capability.
The local arm of the German luxury car major Mercedes-Benz is on course to introducing models with alternative fuels, including plug-in hybrids and full electric vehicles, by 2018 - full two years ahead of the government plans to introduce stricter emission norms.
Electric vehicle (EV) manufacturers have asked the government to continue the benefits of lower excise and VAT on EVs under the GST regime by keeping it at the lowest slab.
China's electric vehicle industry, a flagship for Beijing's technology ambitions, has been rocked by scandal after five companies were caught collecting millions of dollars in subsidies for buses they never made.
The German automaker agreed to invest the money, which includes USD 1.2 billion nationally and USD 800 million in California, as part of its penalties for equipping hundreds of thousands of its diesel vehicles sold in the United States with software designed to cheat tailpipe emissions tests.
The Arvind Kejriwal government in Delhi has pitched in by reducing vat on electric and hybrid vehicles by more than half, to 5 percent. It has also promised to reduce road tax on vehicles in these categories.
The Centre's intent to achieve significant electric mobility in five years has finally been given shape. But its implementation is a mammoth task. CNBC-TV18‘s Farah Bookwala-Vhora outlines challenges that must be addressed for the government to realize its vision of putting 7 million electric and hybrid vehicles on Indian roads by 2020.
Electric vehicle manufacturers are upbeat as the Finance Minister handed out a much-need lifeline to the struggling sector in this year's Budget through an outlay of Rs 75 crore, reports CNBC-TV18's Farah Bookwala.
The iPhone maker is pushing its "car team" of about 200 people to meet that goal.
An electric vehicle (EV) is the Holy Grail of the automotive industry. For more than two decades now, car makers, with various degrees of seriousness, have been chasing the idea of building one with a simple motive: Let's get off oil, and end vehicular pollution.
In this week's edition of The Forbes India Show on CNBC0TV18, Toshiyuki Shiga, COO, Nissan Motor says that the company's priority is establish a strong presence in India first and adds that government aid is key to the widespread use of the electric car.
The central government has approved a Rs 23000 crore plan to spur electric and hybrid vehicle production over the next eight years, setting itself an ambitious target of 6 million vehicles by 2020.
Russia's largest car manufacturer, AutoVAZ, has revealed plans to produce its first electromotive car using Chinese parts...
South Korea will begin producing mid-size electric vehicles from 2014, three years ahead of schedule, in an attempt to secure a dominant position in the global market, the government said Wednesday.