New Delhi: India saw 29 per cent growth (year-on-year) in electric two-wheeler (e2W) sales in the month of November at 118,924 units, which took cumulative 11-month sales of e2Ws to 1.07 million units. It was the third best month for the electric two-wheeler industry this year, after October (219,018 units) and March (213,064 units). The … Read more
New Delhi: As the government ordered a detailed probe into Bhavish Aggarwal-led Ola Electric over its consumer complaint redressal practices, there is no respite for several of its customers, who on Monday, November 18, detailed their ordeal with its electric two-wheelers. Despite the EV firm writing to the Central Consumer Protection Authority (CCPA) that 99.1 … Read more
New Delhi: IPO-bound Hyundai Motor India Ltd (HMIL) has earmarked investments worth around Rs 32,000 crore for India till 2032, as the company predicts a strong and steady EV market growth till 2030. The company seeks to raise up to $3.26 billion through an IPO and shares are expected to begin trading on October 22. … Read more
New Delhi: The Union Cabinet on Wednesday approved two major schemes with a total outlay of Rs 14,335 crore to promote use of electric vehicles, including buses, ambulances and trucks. The two schemes are: PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme with an outlay of Rs 10,900 crore over a period … Read more
New Delhi: The number of public battery electric vehicle (BEV) charging stations in India expanded significantly from 1,800 in February 2022 to 16,347 in March this year, marking nearly a nine-fold increase, a report showed on Thursday. The EV infrastructure market in the country is witnessing unprecedented growth, according to the report by global advisory … Read more
New Delhi: Google on Thursday announced several new features to enable more efficient and sustainable journeys via Maps in India, powered by artificial intelligence (AI) and local partners. The company said it is introducing a new feature for Maps users in India designed to reduce the use of narrow roads when driving four-wheelers. It starts … Read more
New Delhi: India’s Electric Vehicle (EV) sales soared to 17,52,406 units in FY 2023-24 with a growth of 40.31 per cent on a Year-on-Year (YoY) basis. According to a report by JMK Research & amp; Analytics, the growth in EV sales was led by two-wheelers and three-wheelers, which contributed 94 per cent to the total … Read more
New Delhi: Elon Musk is coming to India for the first time to spend at least 48 hours in the country later this month. As all eyes are on what the billionaire would announce during his meeting with Prime Minister Narendra Modi and industry leaders, Tesla lovers have only one question: When will they finally … Read more
Bengaluru: Global EV company Ultraviolette Automotive on Tuesday announced an industry-leading battery and drivetrain warranty structure for its flagship electric motorcycle called F77 that offers coverage spanning up to 800,000 kms. The new warranty initiative includes three packages — UV Care, UV Care+ and UV Care Max. While the km coverage on UV Care and … Read more
New Delhi: The rise in EV battery manufacturing, alongside the ‘Make in India’ initiative, will lower manufacturing costs and boost EV sales in the country, according to industry experts. According to Liz Lee, Associate Director at Counterpoint Research, India’s EV landscape is on the cusp of significant growth. “Government initiatives such as the PLI scheme … Read more
