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With Gen 3, Ola aims to enhance performance, safety, efficiency and reliability, while also improving its gross margins by 20 percentage points over the next 12 months
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Bajaj Auto, TVS and Hero Motocorp account for half of all e2W sales in November, so far. At 51 percent of the total e2W registrations, they have for the first time crossed the 50 percent mark
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Equipped with a 2.8 kWh battery pack, Chetak 2901 has an ARAI-certified range of 123 km per charge and a top speed of 63 km per hour
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While auto industry insiders are sceptical of its appeal among today’s youth, the company says its aim is to create a revolution by making e-mobility expand at the bottom of the pyramid
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E-Luna variants will offer options of 1.7 kWh, 2.0 kWh and subsequently, a 3.0 kwh battery pack with a 150 km per charge riding range.
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Estimated to be priced in the range of Rs 71,000-Rs 75,000, the iconic moped will be available in both B2B and B2C configurations
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Besides, the FM noted that the Centre will also work towards transitioning most of the public transport, such as buses, to EVs
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Industry experts estimate that incentive payout under the scheme will be up to 18 percent of the sales value
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Will initially focus on fleet operators to attain critical mass for swapping stations
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Heavy Industries Secretary Kamran Rizvi said the numbers reflect that the public is actively adopting EVs (electric vehicles).
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The foldable two-wheeler has been developed mainly for last-mile mobility and while range and power are fairly limited, the practicality of a tiny scooter could prove a game changer.
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To promote electric and hybrid vehicles, a Rs 10,000-crore programme under the FAME-II scheme was announced in 2019.
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The Heavy Industries Ministry is said to be planning a 75 percent increase in the outlay from the current Rs 2,000 crore under the flagship FAME-II scheme.
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The company’s electric three-wheelers (E3Ws) will be introduced soon in both the passenger and cargo categories in select locations in the first phase.
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Rising competition and incumbents also revving up strategies to lure customers could see market share consolidation in e2Ws in a couple of years
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Hero MotoCorp had in September 2022 approved an equity investment of up to USD 60 million in Zero Motorcycles.
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The new plant spread over 50 acres will have a capacity of 1.2 lakh units per month with eight assembly lines
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Bookings are open and deliveries will commence from April 2023, the company has said.
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In the first phase, charging stations will be set up in select cities, which will then be expanded to other key markets with the aim of establishing a high density of EV charging station network across the country.
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Ola S1, the latest electric scooter launched by Ola, can clock a top speed of 95 km/hr. The vehicle is currently priced at Rs 99,000.
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Even as the overall sales of two-wheelers have not returned to pre-COVID levels and that people are also postponing their purchases due to higher running costs with petrol becoming costlier, a lot of demand is coming from rural and semi-urban areas.
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The partnership will enable the company to cater to newer markets with Cholamandalam’s widespread presence across the country, the electric two-wheeler maker said in a statement.
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The deliveries are being deferred as updated safety guidelines for EVs are expected to be issued by the government shortly, the company said.
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The deceased, identified as Siva Kumar (40), had bought Corbett 14 electric vehicle on April 22 and plugged its battery on charge inside a room at night.
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The commercial licensing pact with EVR for TSRF motors will give a new shape to the EV industry with lower cost and better performance while maintaining the advantages of traditional RFPM motors, Napino said in a release.
