Tags: electric vehicle

Slow economic growth, dull consumer sentiment challenging for auto sector: Kinetic Green

Electric vehicle maker Kinetic Green recently said that slow economic growth coupled with dull consumer sentiment will be “extremely challenging” for the domestic automotive industry, which was already reeling under a sales slump even before the COVID 19 crisis. At the same time, the company remains bullish on the electric vehicle (EV) segment in the […]

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Extend FAME-II for two years to propel EV demand says FICCI to the government

FICCI on recommended various measures, including extending FAME -II scheme till 2025, to enhance demand for electric vehicles (EVs). The recommendations, submitted by FICCI’s EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector, a release said. […]

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Ather Energy join hands with CredR for vehicle exchange programme

Ather Energy on Wednesday said it has joined hands with used two-wheeler buying and selling firm CredR for a vehicle exchange programme. Under the partnership, consumers can exchange any old two-wheeler with a brand new electric scooter of Ather. CredR will offer instant price quotes for old petrol two-wheelers, which will be used to reduce […]

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Post COVID 19 Clean Energy can Support India’s Economic Recovery: Report

NITI Aayog and Rocky Mountain Institute (RMI) in its new report identify how COVID-19 is beginning to influence the clean energy transition in India, specifically for the transport and power sectors. The report recommends principles and strategic opportunities for the country’s leaders to drive economic recovery and maintain momentum towards a clean energy economy. COVID-19 […]

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Sensor market growth will be dictated by increase in demand for EVs: Strategy Analytics

Sensor market growth will be dictated by an expected increase in demand for electric vehicles. The “Strategy Analytics Powertrain Body Chassis and Safety (PBCS) service report, “Global xEV Sensor Market 2018-2027,” forecasts that the global market for current, position/speed and temperature sensors, will grow at a CAAGR of 25.7% over the 2019 – 2024 timeframe. The […]

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Hyundai, Kia and LG Chem Launch Global Competition to Invest in EV and Battery Start-ups

With demand for EVs growing, Hyundai Motor Company, Kia Motors Corporation,and LG Chem are jointly sponsoring the “EV and Battery Challenge” (EVBC), a global competition to identify up to 10 EV and battery start-ups for potential investment and collaboration.  New Energy Nexus, the international start-up support organization, will manage and facilitate the competition. With the […]

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Electric car battery boom has screeched to a halt, for now

Three decades of advances took lithium-ion batteries from powering handheld Sony camcorders to propelling Tesla’s popular electric vehicles. The rapid rise is facing a major test in the Covid-19 pandemic. Demand for rechargeable batteries will decline for the first time this year, as sales of electric cars—the biggest user—slump with novel coronavirus pummeling the auto […]

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India will be a manufacturing hub for EVs within five years: Nitin Gadkari

Union Minister for Road Transport & Highways and MSMEs Nitin Gadkari has expressed confidence that in the next five years, India will become a manufacturing hub for electric vehicles (EVs).  He said, the Government is trying to extend best possible concessions to this sector, and has lowered the GST on electrical vehicles to 12 per […]

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Tata AutoComp signs MoU with Tellus Power Green to set up EV charging stations

Tata AutoComp Systems has signed a Memorandum of Understanding (MoU) with USA based DC charging infrastructure company Tellus Power Green to supply AC and DC fast chargers for the entire range of electric vehicles, the company said in a release on Thursday. The range of EVs include – two-wheelers, three-wheelers, passenger vehicles and commercial vehicles […]

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TATA Power signs MoU with MG Motor to deploy Superfast EV chargers at select MG Dealerships

Tata Power has signed a memorandum of understanding (MoU) with MG Motor. As part of the association, Tata Power will deploy 50KW DC Superfast chargers at select MG dealership locations and offer end-to-end EV charging solutions to MG dealerships spread across India. Praveer Sinha, CEO & MD, Tata Power Company Limited, said, “We are delighted to […]

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