Two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles grew by 9 per cent, 79 percent, 4 percent, and 7 percent, respectively.
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.
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
Uber Green will be first available in Delhi, Mumbai and Bengaluru before being rolled out in other cities.
The new electric vehicle or EV-specific offering will initially be available in Delhi, Mumbai and Bengaluru before being rolled out in other cities
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.
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.
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.
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, 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.
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.
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.
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.
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.
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
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.
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.
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 is investing Rs 100 crore in a manufacturing facility for chargers in Hyderabad, which will more than double its production capacity.
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.
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.
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
The company launched the commercial Li-ion cell production facility at its campus in Jakkur, Bengaluru.
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
Nominal premiums in the autonomous, connected, electric and shared mobility market to grow eightfold to half a trillion US dollars, says Capgemini report