Tags: EV market

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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Mahindra Electric elevates Mahesh Babu as MD and CEO

Mahindra Electric has elevated its CEO Mahesh Babu to managing director and CEO of the company. The decision was taken by the board of directors in a board meeting held on May 6. Babu has been at the forefront of Mahindra Electric’s product development and was instrumental in the development of company’s electric three wheelers […]

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India’s EV market to grow at CAGR of 36% till 2026: IESA Study

India Energy Storage Alliance (IESA) recently released it’s first edition of India Electric Vehicle (EV) Market Overview. IESA in the report said that  EV market in India has gained significant momentum after the implementation of the FAME India scheme. According to the report the total EV sales in 2018 hit 365,920 Units and expected to […]

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Toshiba signs EoI with Kerala govt for lithium-ion battery manufacturing

The Toshiba Group on Thursday signed an Expression of Interest with the Kerala government for technology transfer and manufacturing lithium-ion (Li-ion) batteries for electric vehicles, an announcement by the Chief Minister’s Office said here. The agreement is an outcome of the Japan visit by Chief Minister Pinarayi Vijayan at the head of a high-level state […]

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Global EV Battery Market Expected to Grow at a CAGR of More Than 19%

The Global EV Battery market is expected to grow with a CAGR over 19% by 2025, owing to increasing demand for environment-friendly vehicles says Research and Markets. The research firm in its report notes that the Global EV Battery market is dominated by several players, amongst them the major players are Panasonic Corporation, Mitsubishi Electric […]

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MG Motor, Fortum partners to install public DC fast charging station in NCR

MG Motor India has joined hands with Finland-based energy major Fortum to install its first public 50 kW DC fast charging station in Gurugram, informed the automaker in a release. Under this partnership, MG and Fortum will set up four fast-charging stations in Delhi-NCR. The move comes ahead of the launch of the automaker’s first […]

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Retrofitting technology to convert conventional cars into EV: BharatMobi

Claiming to be an initiative to provide a sustainable solution to air pollution in Delhi, an Electric Vehicle startup company has launched a technology of EV conversions here on Thursday. BharatMobi, the startup, said EV retrofitting or conversions can be the best choice in every individual’s capacity to contribute for a pollution free India. The […]

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Toyota with Suzuki to launch compact electric car in India

Toyota Motor Corp. plans to introduce a compact electric car in India in the next few years in alliance with Suzuki Motor Corp., Shigeki Terashi, executive vice-president and member of the board of Toyota, said on Tuesday. “Suzuki has a larger share of the Indian market and we have announced our collaboration with them. We […]

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Toyota dives into city car EV space with its Ultra-Compact BEV

Toyota Motor Corporation recently announced that the company will showcase its new, production-ready Ultra-compact BEV (battery electric vehicle) at the Future Expo special exhibition of the 2019 Tokyo Motor Show. The company introduced the vehicles ahead of its commercial launch in Japan in 2020. The next-generation mobility solution is designed to provide short-distance mobility while limiting impact on […]

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Tata Motors launches the extended range Tigor EV

Comes with an extended range of 213 km, certified by ARAI Available at a starting price Rs. 9.44 lakh, ex-showroom Delhi (after deducting Govt. subsidies) Offered in 3 variants – XE+, XM+ and XT+ Following the introduction of Tigor EV for Government and fleet consumers, Tata Motors has announced the launch of its extended range […]

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