Electric two-wheeler makers TVS Motor Company, Ather Energy and Ola Electric have increased prices of their products as curtailed subsidy structure comes into effect from June 1. In a statement, TVS Motor Company stated that in order to propel the electrification journey further in a sustainable manner after FAME II scheme revision, it has increased […]
Prices of electric two-wheelers from Ola Electric, Ather Energy, Hero Vida and other manufacturers could up significantly in near future as the Centre plans to reduce subsidy under the FAME II scheme to promote electric vehicles. The Ministry for Heavy Industries has proposed subsidy on electric two-wheelers to 15 per cent. If its proposal is […]
The development comes after a whistleblower claimed that the companies have been artificially reducing EV prices to stay eligible for FAME-II subsidies According to the FAME scheme, electric two-wheeler OEMs cannot claim subsidies on vehicles with an ex-factory price of over INR 1.50 Lakh These companies have reportedly been billing chargers and software separately from […]
Its logo will be on the front of team jersey Top e-scooter manufacturer in India, Ather Energy, has gotten onto the IPL bandwagon. The Bengaluru-based EV firm has unveiled a multi-year partnership with the new Indian Premier League (IPL) franchise, Gujarat Titans. As per the agreement, Ather Energy will be the principal partner of the […]
The electric vehicle manufacturers are spending tonnes of capital and energy on charging stations’ infrastructure development to promote long-range battery vehicles. The electric vehicle industry is experiencing a technological transformation phase with two significant aims: firstly by improving vehicle range and secondly, by enhancing charging infrastructure. The EV manufacturing companies are spending tonnes of capital […]
The Department of Heavy Industries on Friday evening doubled the maximum subsidy extended to electric two-wheelers buyers under the FAME scheme, which manufacturers say will speed up the adoption of these vehicles in India. The subsidy per electric two-wheeler, which is linked to the battery size, was increased from Rs 10,000 per kilowatt hour to […]
To ensure that the EV adoption is quick, companies have been making sure that the range of the vehicle is more, the charging time is less and overall the asking cost of the electric vehicle is lower than the competition. Battery-operated cars/bikes becoming mainstream is still a distant dream. To ensure that the EV adoption […]
Electric vehicle (EV) manufacturer Ather Energy has drawn up plans to rapidly increase fast-charging infrastructure in public places in different parts of the country during FY22, according to a top official. “The acceptable rate of EVs in the country is growing rapidly,” said Tarun Mehta, CEO and co-founder told The Hindu. “We have seen lot […]
The Hosur, Tamil Nadu based EV-maker currently has an installed capacity of a little over 1 lakh annually (9,200 units per month) but rolls out a much lower number. Mumbai : Electric scooter-maker Ather Energy, backed by HeroMoto Corp and Sachin and Binny Bansal, will treble its annual capacity to around 3 lakh units by […]
The factory is supported by the government of Tamil Nadu under its EV Policy. Apart from electric vehicle manufacturing, the facility will also focus on lithium-ion battery making which is a key area of focus for Ather Energy going ahead. The investment is an opportunity for value creation in the sector and will create job […]