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  • EVs account for 8% sales of total vehicle sales in May: FADA report June 05, 2023 10:24 AM IST

    EVs account for 8% sales of total vehicle sales in May: FADA report

    Two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles grew by 9 per cent, 79 percent, 4 percent, and 7 percent, respectively.

  • In Pics: All about lithium and its use in batteries June 05, 2023 09:56 AM IST

    In Pics: All about lithium and its use in batteries

    China has monopolized the global supply chain for lithium, a key component in batteries used to power mobile phones and EVs. As Australia tries to break this dominance, here are answers to some questions about lithium and its use in batteries.

  • Ola Electric taps Kotak, Goldman Sachs for IPO, likely to hit market in early 2024 May 25, 2023 02:07 PM IST

    Ola Electric taps Kotak, Goldman Sachs for IPO, likely to hit market in early 2024

    Kotak Mahindra Capital and Goldman Sachs are currently in advanced talks to be selected as financial advisors, with Kotak closely collaborating with the startup to determine the IPO's structure

  • How to book Uber Green as the EV nears India launch. Here's a step-by-step guide May 24, 2023 08:57 PM IST

    How to book Uber Green as the EV nears India launch. Here's a step-by-step guide

    Uber Green will be first available in Delhi, Mumbai and Bengaluru before being rolled out in other cities.

  • Uber India to introduce 'Uber Green' in June, to go all-electric by 2040 May 24, 2023 04:26 PM IST

    Uber India to introduce 'Uber Green' in June, to go all-electric by 2040

    The new electric vehicle or EV-specific offering will initially be available in Delhi, Mumbai and Bengaluru before being rolled out in other cities

  • Tesla 'seriously looking' at India as production and innovation base, says Minister Rajeev Chandrasekhar May 20, 2023 08:17 PM IST

    Tesla 'seriously looking' at India as production and innovation base, says Minister Rajeev Chandrasekhar

    Asked by Reuters whether the talks with Tesla included more than just making vehicles, Rajeev Chandrasekhar said "you don't talk about cars alone" when such discussions take place.

  • Govt considers reducing subsidy for EV two-wheelers in FAME scheme May 20, 2023 06:46 PM IST

    Govt considers reducing subsidy for EV two-wheelers in FAME scheme

    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.

  • Toyota, partners to start selling electric micro-vans by March 2024 May 18, 2023 01:29 PM IST

    Toyota, partners to start selling electric micro-vans by March 2024

    The small electric commercial van will run on a battery electric vehicle (BEV) system that Toyota is jointly developing with minivehicle specialists Daihatsu and Suzuki Motor Corp, the companies said in a joint statement.

  • Electric vehicles alone can’t solve climate change May 17, 2023 06:11 PM IST

    Electric vehicles alone can’t solve climate change

    EVs can certainly play a role in reducing emissions. But global warming requires more nuanced and ambitious policies than simply splurging on tax credits.

  • Tesla team meets PMO, MoRTH officials, show serious interest in India as EV market: Sources May 19, 2023 03:09 PM IST

    Tesla team meets PMO, MoRTH officials, show serious interest in India as EV market: Sources

    Tesla, which so far has a manufacturing presence in the US, China, and Germany, is considering to set up an additional manufacturing plant, with India being looked into as one of the possible locations, the sources told CNBC TV-18.

  • Indian scientists develop cathode material to make sodium batteries more efficient May 17, 2023 10:37 AM IST

    Indian scientists develop cathode material to make sodium batteries more efficient

    This development is important as India has an abundance of Sodium sources, which renders the upcoming Na-ion battery system extremely important in the Indian context.

  • Ahead of Tesla team's India visit, a look at EV maker's manufacturing presence worldwide May 17, 2023 07:32 AM IST

    Ahead of Tesla team's India visit, a look at EV maker's manufacturing presence worldwide

    The visit holds potential to create a thaw between Tesla and the Indian government, as Elon Musk had earlier criticised New Delhi over its EV policy and the "high taxes" imposed on the import of vehicles.

  • Our uniquely differentiated e-motorcycle will have a strong Royal Enfield DNA: CEO May 16, 2023 02:01 PM IST

    Our uniquely differentiated e-motorcycle will have a strong Royal Enfield DNA: CEO

    B. Govindarajan said that the company is currently collaborating with battery manufacturers, system integrators and other suppliers. The new electric Royal Enfields will be rolled out from the company’s Vallam Vadagal plant on the outskirts of Chennai in the initial phase, he said.

  • Hyundai Motor India to invest Rs 20,000 crore in Tamil Nadu May 11, 2023 03:49 PM IST

    Hyundai Motor India to invest Rs 20,000 crore in Tamil Nadu

    As part of our long-term vision, the company has finalised plans to develop and establish Tamil Nadu as a base for Hyundai's EV manufacturing in India, Hyundai Motor India MD and CEO Unsoo Kim said.

  • Promoting EV Sales: FAME scheme targets need to be more realistic May 10, 2023 03:47 PM IST

    Promoting EV Sales: FAME scheme targets need to be more realistic

    While drafting FAME II, policymakers should have assessed the depth and breadth of local supply chains before earmarking localisation levels. As EV sales lag target, there is an urgent need to relook at the need, quantum and quality of subsidies

  • EV industry's biggest challenge is to replace well-established ICEV system: BEE's Abhay Bakre May 04, 2023 07:46 PM IST

    EV industry's biggest challenge is to replace well-established ICEV system: BEE's Abhay Bakre

    As per BEE data, there are 7,040 Public Charging Stations (PCS) currently operational in the country out of which 1,479 are established by PSUs and 5,461 by private operators.

  • BluSmart raises $42 million in a mix of equity and debt from existing investors May 04, 2023 07:43 AM IST

    BluSmart raises $42 million in a mix of equity and debt from existing investors

    Over 50% of the total capital infusion came from founders, Anmol Jaggi and Punit Goyal, themselves to increase their stake in the company, people added. This is part of the company’s Series A2 round.

  • BJP's Karnataka manifesto promises Rs 5,000 crore fund of funds for 'sunrise sector' startups May 01, 2023 12:54 PM IST

    BJP's Karnataka manifesto promises Rs 5,000 crore fund of funds for 'sunrise sector' startups

    Karnataka Election 2023: The ruling party has also promised to develop an EV city on the outskirts of Bengaluru and exempt registration fee and road tax on EVs

  • Exicom seeks to get 50% of revenue from EV charging business May 01, 2023 02:36 PM IST

    Exicom seeks to get 50% of revenue from EV charging business

    Exicom is investing Rs 100 crore in a manufacturing facility for chargers in Hyderabad, which will more than double its production capacity.

  • Expect India to be Citroen's biggest growth driver outside Europe: CEO Thierry Koskas April 27, 2023 09:36 PM IST

    Expect India to be Citroen's biggest growth driver outside Europe: CEO Thierry Koskas

    The company, which unveiled its all-new mid-sized SUV C3 Aircross, will introduce another new product next year as it seeks to have a presence in the core segments of the Indian market.

  • You cannot succeed in India unless you are a purely India-based operation: Citroen brand CEO Thierry Koskas April 27, 2023 05:46 PM IST

    You cannot succeed in India unless you are a purely India-based operation: Citroen brand CEO Thierry Koskas

    Koskas told Moneycontrol exclusively that the company is evaluating the possibility of bringing in ethanol-compatible 'flex-fuel' engines; will double its number of dealerships; and could introduce a sedan here in the near future.

  • Ahmedabad has highest willingness to adopt e-vehicles while Pune tops on ease of moving in 2022: Report April 25, 2023 07:57 PM IST

    Ahmedabad has highest willingness to adopt e-vehicles while Pune tops on ease of moving in 2022: Report

    Among other findings, Chennai has the best cycling infrastructures, Aizawl is a top performer in clean mobility and Hyderabad leads in the future of mobility

  • Amara Raja-backed Log9 Materials sets up India’s first Lithium-ion cell facility April 21, 2023 06:48 PM IST

    Amara Raja-backed Log9 Materials sets up India’s first Lithium-ion cell facility

    The company launched the commercial Li-ion cell production facility at its campus in Jakkur, Bengaluru.

  • JK Tyre to pump in Rs 800 crore to expand output to 34 million units per annum April 19, 2023 02:26 PM IST

    JK Tyre to pump in Rs 800 crore to expand output to 34 million units per annum

    While the bulk of the capex—Rs 530 crore—will be deployed towards ramping up the output of passenger car radials, the remainder—Rs 270 crore will be spent towards capacity expansion of truck and bus radials

  • Capgemini predicts 100% growth in mobility insurance market to $1.38 tn by 2030 April 19, 2023 06:33 AM IST

    Capgemini predicts 100% growth in mobility insurance market to $1.38 tn by 2030

    Nominal premiums in the autonomous, connected, electric and shared mobility market to grow eightfold to half a trillion US dollars, says Capgemini report