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  • Tribunal allows Hero MotoCorp to use 'Hero' trademark for its EVs Jul 01, 2022 10:20 AM IST

    Tribunal allows Hero MotoCorp to use 'Hero' trademark for its EVs

    In a late night regulatory filing on Thursday, the two-wheeler major stated that the tribunal has ruled in its favour regarding the use of the trademark.

  • Tesla’s EV market share may plunge to 11% by 2025: BofA Jul 01, 2022 06:55 AM IST

    Tesla’s EV market share may plunge to 11% by 2025: BofA

    Elon Musk’s company will still be growing as EV sales continue to soar, but its share of the market will fall to about 11% in 2025 from over 70% today, Murphy wrote. Tesla has loyal fans, but the company won’t be able to keep up with the pace of new models coming from General Motors Co., Ford Motor Co. and several foreign automakers.

  • TVS Motor in talks with TPG Capital and KKR to raise $300 million for EV business Jun 30, 2022 10:31 AM IST

    TVS Motor in talks with TPG Capital and KKR to raise $300 million for EV business

    Recently, the EV segment has seen traditional automobile players in two and four wheeler spaces increasingly raise money and make investments to support growth.

  • White House says companies investing $700 million to boost EV charger production Jun 28, 2022 02:47 PM IST

    White House says companies investing $700 million to boost EV charger production

    The investments include $450 million earmarked by Volkswagen unit Electrify America and more than $250 million by Siemens to expand its Grand Prairie, Texas and Ponoma, California EV charger plants.

  • Battery Smart raises USD 25 million in series A round by Tiger Global Jun 27, 2022 02:53 PM IST

    Battery Smart raises USD 25 million in series A round by Tiger Global

    Battery Smart has closed its series A round of USD 25 million. The funding round was led by Tiger Global, along with participation from Blume Ventures and Orios Ventures, it said in a statement.

  • EV maker OSM to setup retrofit plant in Punjab at USD 25 million Jun 26, 2022 04:54 PM IST

    EV maker OSM to setup retrofit plant in Punjab at USD 25 million

    Narang also said that as the financing remains a challenge for the EV customers, retrofit brings these vehicles within the reach of those customers who want to move to such vehicles from ICE, particularly at the time when petrol and diesel prices are at a much-elevated level.

  • Meet the Srinagar engineer who turned his 1988 Nissan Micra into a solar-powered EV Jun 25, 2022 06:12 PM IST

    Meet the Srinagar engineer who turned his 1988 Nissan Micra into a solar-powered EV

    Mir's car runs on the electrical energy generated by the monocrystalline solar panels.

  • EV startup Mecwin India to set up Rs 50 crore manufacturing plant in Bengaluru Jun 24, 2022 12:09 PM IST

    EV startup Mecwin India to set up Rs 50 crore manufacturing plant in Bengaluru

    The facility will cater to the demand for indigenous mid drive and hub motors along with controllers from EV Original Equipment Manufacturers in India, it said in a statement.

  • The Bureau of Indian Standards issues performance standards for electric vehicle batteries Jun 23, 2022 08:33 PM IST

    The Bureau of Indian Standards issues performance standards for electric vehicle batteries

    According to a senior official in the consumer affairs ministry on Thursday, the Bureau of Indian Criteria (BIS) has released performance standards for electric car batteries to protect customer safety.

  • Govt-appointed panel on EV fire cases to submit report this month Jun 23, 2022 06:28 PM IST

    Govt-appointed panel on EV fire cases to submit report this month

    A senior government official said on Friday that the expert panel formed by the road transport ministry to look into instances of electric two-wheelers catching fire and recommend corrective measures is likely to present its findings this month.

  • Delhi transport dept hiring research fellows to improve EV policy Jun 23, 2022 05:53 PM IST

    Delhi transport dept hiring research fellows to improve EV policy

    ”Two of the shortlisted research fellows are deputy directors in the EV cell, while the other two are freshers. One of them is likely to join by June 25 and another by the end of this month,” an official said.

  • Statiq raises $25.7 million in funding round led by Shell Ventures Jun 23, 2022 04:44 PM IST

    Statiq raises $25.7 million in funding round led by Shell Ventures

    In a funding round headed by Shell Ventures, the start-up electric car charging network Statiq announced on Thursday that it had raised USD 25.7 million (more than Rs 200 crore). According to a statement from Statiq, the business would utilise the Series A capital largely to invest in network infrastructure and product engineering.

  • 'With help, I would've been Kashmir's Elon Musk': Maths teacher who built solar-powered car Jun 23, 2022 01:42 PM IST

    'With help, I would've been Kashmir's Elon Musk': Maths teacher who built solar-powered car

    Bilal Ahmed said that the solar panels he used have the ability to generate maximum electricity even with the least solar energy they are exposed to.

  • 'EV fires will happen': Ola CEO after Tata Nexon EV catches fire in Maharashtra Jun 23, 2022 12:48 PM IST

    'EV fires will happen': Ola CEO after Tata Nexon EV catches fire in Maharashtra

    Following EV fire complaints, Ola Electric had in April recalled 1,441 units of its electric two-wheelers.

  • BMW starts production at new $2.2 billion China plant to ramp up EV output Jun 23, 2022 08:04 AM IST

    BMW starts production at new $2.2 billion China plant to ramp up EV output

    The Lydia plant, BMW's third car assembly facility in China, located in the northeastern city of Shenyang, Liaoning province, will increase BMW's annual output in the world's biggest auto market to 830,000 vehicles from 700,0000 in 2021, the company said.

  • Electric vehicles could take 33% of global sales by 2028-AlixPartners Jun 22, 2022 08:15 PM IST

    Electric vehicles could take 33% of global sales by 2028-AlixPartners

    According to consultant AlixPartners, sales of electric vehicles might reach 33 percent globally by 2028 and 54 percent by 2035 as demand increases in most key regions.

  • EV charging stations to be installed at Nexus Malls by Jio-BP in 13 cities Jun 22, 2022 04:53 PM IST

    EV charging stations to be installed at Nexus Malls by Jio-BP in 13 cities

    Nexus Malls to get 24x7 charging infrastructure for two- and four- wheeler EVs. In the first phase, these charging stations will be available at Nexus Malls in Navi Mumbai, Bengaluru, Hyderabad, Pune and Ahmedabad from June 2022.

  • Ola teases multiple electric cars ahead of August 15 unveiling Jun 22, 2022 02:04 PM IST

    Ola teases multiple electric cars ahead of August 15 unveiling

    Unlike the flood of electric SUVs in the Indian market, at least one Ola car will be a sedan. Details, at the moment, are scarce, but reports suggest a large 70-80 kWh battery pack to power the new cars, take a look

  • How is Castrol placed, post the de-rating of the sector? Jun 22, 2022 10:04 AM IST

    How is Castrol placed, post the de-rating of the sector?

    Castrol enjoys a 20 percent market share and personal mobility accounts for around 45 percent of the total volume sold

  • Sona BLW: Does its buzzing order book justify high stock price? Jun 17, 2022 10:49 AM IST

    Sona BLW: Does its buzzing order book justify high stock price?

    It is one of the rare gems in the listed space to play on the megatrend of electrification of vehicles

  • Toyota, slow to move to EVs, says it offers choices to meet customer needs Jun 15, 2022 07:27 AM IST

    Toyota, slow to move to EVs, says it offers choices to meet customer needs

    The world's largest automaker by sales kicked off its annual general meeting on Wednesday under fire from activists and environmentally minded investors for being slow to fully electrify its fleet and not phasing out gasoline-powered cars and lobbying on climate policy.

  • Hop Electric's upcoming bike receives ARAI certification Jun 14, 2022 04:50 PM IST

    Hop Electric's upcoming bike receives ARAI certification

    The certification comes on the heels of the company announcing investment of over Rs 2,000 crore in next five years under the production linked incentive (PLI) scheme.

  • Euler Motors partners with LetsTransport to deploy 1,000 HiLoad EVs Jun 14, 2022 01:28 PM IST

    Euler Motors partners with LetsTransport to deploy 1,000 HiLoad EVs

    Over the next 12 months, the two companies will collaborate to deploy these EVs in Bangalore, Hyderabad, Delhi-NCR and cover other cities across India, the company said in a statement.

  • Hope to manufacture 5,000 Chetak scooters every month, says Rajiv Bajaj Jun 10, 2022 04:54 PM IST

    Hope to manufacture 5,000 Chetak scooters every month, says Rajiv Bajaj

    Bajaj Motors produced 2,500 EV scooters last month in May which is the highest monthly production so far for the company

  • Ferrari plots Italian plant expansion for electric vehicles Jun 10, 2022 11:27 AM IST

    Ferrari plots Italian plant expansion for electric vehicles

    The supercar manufacturer has snapped up space near its Maranello plant and started clearing the way for a third production line that will be dedicated to making hybrid and electric vehicles, said the people, who asked not to be identified because the information is private.

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