Business News
3,200 New Outlets; Ola Electric Pushes Towards 4,000 Stores by Christmas
With introductory prices starting at INR 39,999, Ola's EVs cater to diverse markets, from rural to urban.
electric vehicles | Page 2
Business News
JSW Group Charges Ambitions with New EV Brand Launch in India
While specific details about upcoming models remain under wraps, the move signals JSW's entry into a competitive sector dominated by established players such as Tata Motors, Mahindra, and Hyundai.
Business News
Why are electric vehicles worth considering for more than just saving on fuel?
Electric vehicles, or EVs, are transforming the automotive industry by providing a technologically sophisticated, efficient, and environmentally friendly substitute for conventional gasoline-powered automobiles. EVs are recognized for saving gasoline but have many other advantages beyond this benefit.
Business News
Yulu Rides on Quick Commerce to Drive Growth and Profitability
Shared electric mobility provider Yulu has been riding on the rise of the hyper-local quick commerce segment in India to drive growth and profitability. Nearly 70 per cent of its business currently comes from the quick commerce segment, while food delivery and other segments account for the rest.
Business News
INR 16,000 Crore Is Required To Meet Public Charging Demand For EVs By 2030: Report
Innovation and research will be key in driving down costs and improving efficiency of electric vehicles.
Business News
Tata Motors On An Expansion Spree: Opens New EV Stores
With an eye on giving customers a different retail experience and a post-purchase exposure, where they have access to both the dealership facilities and company, the auto giant started on an EV exclusive retail footprint
Business News
How The Automobile Giants Performed in October 2024
October 2024's sales data reveals the shifting dynamics of India's passenger vehicle market. The festive season has underscored the growing demand for SUVs and MPVs, with Toyota Kirloskar and Mahindra & Mahindra emerging as clear winners by capitalizing on this trend.
Business News
Are EVs enough For Climate Emergency?
It is important that the transition is combined with a parallel movement in power generation, to greener and more disaggregated sources for maximum returns, say experts.
Business News
RSB Group Sets Long Term Target of INR 10,000 Crore
The company clocked in around INR 3,000 crore last year, and expects to close between INR 3,200 to INR 3,300 crore this year.
Business News
EV Start-Ups Drive Innovation Despite Funding Challenges
These start-ups are not only innovating new but changing the entire landscape with newer technologies, and unique ideas of a sustainable mobility in the country.
Business News
Agarwal Stumbled over Exchanges on X
Aggarwal's defensive and confrontational reaction not only escalated the controversy but also redirected the focus from the concerns of customers to the behaviour of the CEO.
Business News
Raptee Launches India’s First High Voltage Motorcycle with E-Car Technology
The company plans to expand to other key cities based on the propensity for mid-premium motorcycles and the adoption of electric mobility in these selected markets.
Business News
Trouble Mounts for Ola As Govt To Probe Complaints
The Central Consumer Protection Authority (CCPA) has also issued a show cause notice to Ola electric to which the company needs to respond within 15 days.
Business News
Consumer Mindset, Incentives, and Festive Offers Behind Sept EV Sales Growth
For the first half of the current fiscal (FY25), total EV registrations across all segments rose to 8.93 lakh units compared with 7.45 lakh units in the same period last year.
Business News
Vidyut Partners JSW MG Motor India For BaaS Programme
This programme offers a unique pay-as-you-go battery rental programme which reduces the running cost by 40 per cent.
Business News
PM E-Drive Subsidy To Halve From April, Industry Says Challenging
EMPS-2024 implemented for the period from 1st April 2024 to 30th September 2024 is subsumed under this scheme.
Business News
Ola Electric To Double Service Centres To 1,000 By Year End
The company is imparting training to one lakh third-party mechanics under its Network Partner Program to make every mechanic in India EV-ready by Dec 2025.
Business News
I Am Very Confident: Saurav Kumar On Competition, Brand Awareness, and Profitability
It has come up with innovations and advanced features in the LCV that are one of a kind in this segment. However, there is a long way to go in terms of competition with other established brands, Euler's brand awareness in the country, and profitability.
Business News
Musashi Seimitsu Partners Log9 Materials To Revolutionize EV Powertrain
The partnership aims to revolutionize the electric vehicle (EV) market, by combining Musashi's high-performance e-Axle system and Log9's battery technology creating an integrated powertrain solution tailored specifically for electric two-wheelers and three-wheelers.
Business News
Euler Launches India’s First ADAS-Equipped LCVs For Inter-city and Intra-city Usage
The Long Range 200 is the first vehicle in India in this segment which has been designed for intercity use which could go up to the range of 200 km.
Business News
myTVS Launches ‘Mobility-as-a-Service’ Platform For EV Fleets
This move will mark a significant milestone in the company's journey, transitioning from personal mobility to fleet mobility solutions.
Business News
Staying True To Value System Can Help In Navigating Through Challenges: Experts
While discussing the electric vehicle sector, Rishabh Bhatia, Marketing Head, Servotech Power System highlighted the constant scrutiny and doubt faced by innovators.
Business News
FAME Scheme Shows Govt’s Commitment To Reducing Carbon Emissions: Kumaraswamy
Secretary, Ministry of Heavy Industries, Kamran Rizvi highlighted that change is the only constant, and we must now direct our focus towards addressing climate change and achieving the Prime Minister's vision of net zero emissions by 2070.
Business News
World EV Day: Innovation, Policy, and Market Growth Drive a Greener Future
From cutting-edge advancements in battery technology to the expanding network of charging infrastructure, the EV industry is accelerating at an unprecedented pace.
Business News
Euler Motors Plans To Enter SCV Segment With New Product Launch
The new SCV will be designed to meet the growing demand for cost-effective, and high-performance inter-and intra-city transportation solutions.
Business News
Despite Largest Share Globally, China Faces Challenges In EV Industry
Not that China is facing challenges in the foreign countries, but it is also facing losses and other issues domestically.
Business News
Central Schemes Boost Domestic EV Manufacturing and Sales: Industry Players
This comes after the government approved around 50 of the 74 applications it received for the production-linked inventive (PLI), under which the manufacturers can get a grant from government of 13 to 15 per cent of the annual sales value of EVs.