South Korean auto major Hyundai is looking at various options for sourcing electric vehicle (EV) components in India, including local manufacturing of battery parts, a top company official said. The automaker, which is present in India through its wholly-owned subsidiary Hyundai Motor India Ltd (HMIL), said it is also looking for further clarity in government […]
In a bid to promote and incentivise shift to green vehicles SBI on Monday launched “Green Car Loan” discounted loan for buyers. The new scheme will offer loan at 20 basis points lesser than the interest rate on the existing car loan schemes. The EMI per Rs.1 lakh will be lower at Rs.1,468 for 96 months against Rs.1,622 […]
The Automotive Research Association of India (ARAI) joining the electric bandwagon has announced to extend it support to the electric auto-rickshaw movement. The motive behind joining the bandwagon is to support green movement in the country and conserve fuel. The Automotive Research Association of India (ARAI) is currently working on a technology to convert the […]
In the electric vehicle segment Ashok Leyland may look for partnerships in future in a bid to cut huge costs involved in developing new technologies in this space reports PTI citing a top company official. In the traditional internal combustion engine segment, the Hinduja group flagship firm, however, would like to go on in its […]
GoZero Mobility on Monday announced its pan India expansion. It has outlined 3-pronged expansion approach – 18 experience centres, 80 channel partners targeting 1000+ retailers and online sales to expand its retail network in the next couple of years. According to Ankit Kumar, Chief Executive Officer, GoZero Mobility, “E-bikes industry has a huge potential in […]
Magenta Power announced the launch of its academy ‘MITRA’-Magenta Innovation Technology and Research Academy for the purpose of training and education in Green Energy solutions. The company in a statement said that it will support Individuals and Organizations, in their transition to a sustainable energy future, and also serve as the principal platform; a centre […]
NITI Aayog and Rocky Mountain Institute in a recent report titled “India’s Electric Mobility Transformation: Progress to Date and Future Opportunities” revealed that Electric Vehicles (EVs) sold in India through 2030 can save 474 million tons of oil equivalent, worth INR 1521 thousand crores over their lifetime. This would result in net reduction of 14 […]
MG (Morris Garages) on Wednesday unveiled the much awaited electric SUV – the MG eZS. To be introduced in India by December this year, MG eZS will be one of the first global pure electric SUVs in the country. The MG eZS EV is the perfect car for people who want to go electric considering […]
Bharat Heavy Electricals Limited (BHEL) floated tender inviting Rate Contract for 01 year-Supply of Bharat EV DC (15 KW) chargers and AC (3×3.3 KW) chargers to establish Low voltage Electric Vehicle (EV) charging stations in Delhi-Chandigarh highway. Last date for the submission of the bid is 11th April. BHEL in the tender document notes that […]
With the symbolic foundation laying ceremony for the first battery factory, the Mercedes-Benz Untertürkheim plant in Germany is advancing its transformation into a high-tech location for electric mobility. The new battery factory at the Brühl sub-plant is an important component in the global battery production network within the production network of Mercedes-Benz Cars comprising a […]
