Tags: electric vehicle market

Volvo Cars launches fully electric Volvo XC40 Recharge

Volvo Cars introduces the Volvo XC40 Recharge, the company’s first ever fully electric car and the first model to appear in its brand new Recharge car line concept. The XC40 Recharge, based on the multi-award-winning and best-selling XC40 small SUV, is the first of a family of fully electric Volvos. It represents a true milestone […]

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Humara Bajaj returns with electric scooter Chetak

Remember the nostalgic Bajaj advertise in 80’s ? The “Humara Bajaj” has now returned in new avatar and its now fully electric. Country’s second largest motorcycle manufacturer Bajaj announced the launch of its electric scooter — Chetak. With this the company has entered into the second innings in the scooter segment, almost after a decade’s […]

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Tork Motors to get investment from Ratan Tata

Electric vehicle startup Tork Motors on Monday said Ratan Tata has decided to invest an undisclosed amount in the company. Previously, the Pune-based company has raised funds from Bharat Forge and Bhavish Aggarwal (Founder of Ola cabs). “In the last few years, there has been a sea of changes in the attitude towards electric vehicles. […]

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AEPPL signs MoU with Gujarat govt for lithium-ion battery project

Automotive Electronics Power Private Ltd (AEPPL) on Monday signed an MoU with Gujarat government to invest Rs 4,930 crore in two phases to set up a lithium-ion battery plant at Hansalpur in Ahmedabad district. As per the MoU, AEPPL, a joint venture between Japanese Toshiba Corporation, Denso Corporation and Suzuki Motor Corporation, will make investments […]

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Global powertrain market to expand at a CAGR of 5.30 per cent: TMR

Transparency Market Research in its new report forecasts the global powertrain market to expand at a CAGR of 5.30 per cent during the period of 2014 to 2020. “In 2013, the global powertrain market was worth around US$365.6 bn and by 2020, the market is projected to be worth US$524.6 billion,” as per the TMR […]

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Uniti reveals price and specs of the much awaited fully-electric Uniti One

Uniti has revealed the pricing and specification for the much awaited debut vehicle, the fully-electric Uniti One. Setting new standards in sustainability and offering a fresh interpretation of urban mobility, the Uniti One has been designed in response to today’s changing transportation needs, and to provide flexibility for the future, said the company in a […]

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BMW to introduce electric version of 1 Series hatchback in 2021

German automobile major BMW is reportedly mulling to introduce an electric version of its 1 Series hatchback called the BMW i1 by 2021. “The i1 will be an ‘entry-level’ vehicle that will look like a conventional gasoline car (think: more iX3 than i3). What’s more, BMW could launch the i1 as soon as 2021,” Engadget […]

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ABB to supply flash-charging technology to HESS for e-buses

ABB has bagged a $20 million order from Swiss bus manufacturer HESS to supply its flash-charging technology for 20 e-buses and related infrastructure for the French city of Nantes. The buses will be operated by public transport operator, Société d’Economie Mixte des Transports de l’Agglomération Nantaise (Semitan). Batteries mounted on the roofs of the Nantes […]

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EVs picking up momentum on its own to ban petrol, diesel vehicles: Nitin Gadkari

Allaying fears of the automobile industry, Union Road Transport Minister Nitin Gadkari on Monday said there is no need to ban petrol and diesel vehicles as electric mobility has picked up momentum on its own and all buses would be electric in two years. Earlier, government think-tank Niti Aayog had reportedly proposed that after 2030, […]

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Ampere Vehicles Appoints BVR Subbu as Chairman of Board

Ampere Vehicles, electric mobility arm of Greaves Cotton Limited, announces the induction of industry veteran BVR Subbu to its Board as the Chairman. In his role as Chair of the Board, BVR Subbu, an automobile industry veteran and ex-President of Hyundai India, will steer the Board to stay ahead of the complex challenges presented by […]

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