Notwithstanding the impact that the second wave of covid-19 will leave on the economy, Nagesh Basavanhalli, Managing Director and Group Chief Executive Officer, Greaves Cotton Ltd is optimistic that the demand for electric and sustainable mobility will continue to grow, thanks to the declining total cost of ownership of electric vehicles when compared to the […]
Electric two-wheeler maker Ather Energy expects to turn profitable next year
The company is looking to use its ‘450 platform’ to spin more variants and also enter the mass market electric two-wheeler segment. EW DELHI: Hero MotoCorp-backed electric two-wheeler maker Ather Energy is hoping to be profitable at the operating level by next year and it looks to raise capital to fund its future business expansion […]
Hero Electric To Invest 700 Crore To Increase Production Capacity
Hero Electric is bullish on the growing demand for electric two-wheelers, and the company intends to meet the exponential growth in demand by increasing production capacity, Hero Electric Managing Director Naveen Munjal said in an interview. The homegrown electric vehicle manufacturer is planning to invest 700 crore over the next 3-4 years to increase its […]
The irresistible momentum behind clean, electric, connected mobility: Four key trends
General Motors’ January announcement that it would join other automakers by selling only zero-emission vehicles (in its case, by 2035) was one of the most well-publicized examples of something that has become crystal clear over the past few years: the momentum behind cleaner, software-enabled forms of mobility is powerful and seemingly unstoppable. What does this […]
Daimler to speed up electric shift as 2021 starts strongly
The German company said it expected 2021 to be a significantly better year for revenue, and pretax profits than a pandemic-hit 2020 LONDON : Daimler has got off to a good start in 2021 despite a global shortage of semiconductor chips, and plans to accelerate the shift in its model line-up to electric cars, the […]
Hero Electric sells 50,000 units in 2020, retains top slot in segment
The company further said its sales network has crossed the 600 touchpoint mark covering 500 towns and cities across the country, thus offering the widest service network offered by any brand in the segment. New Delhi: Hero Electric said it has sold over 50,000 electric two-wheelers last year thus retaining the top slot in the […]
Punjab: Vehicle charging station must for new one kanal, above house
CHANDIGARH: The UT administration is planning to make electric vehicle charging stations mandatory for new houses with an area of one kanal and above in the city….Read More… Source: timesofindia
VW to Build a ‘High Range’ and ‘Short Charging Time’ EV for 2026
Volkswagen announced Project Trinity, the plan to build an electric sedan with a 2026 launch, at an event outlining aggressive future plans for electrification. At an event detailing goals for electrification and future technologies, VW revealed that it has a new electric sedan in the works that it plans to launch for 2026. The sedan, known as […]
Electric vehicle financing industry to be worth Rs 3.7 lakh crore by 2030: Report
India’s EV financing industry is projected to be worth Rs 3.7 lakh crore in 2030, about 80 per cent of the current retail vehicle finance industry, according to a new report. NEW DELHI: India’s electric vehicle (EV) financing industry is projected to be worth Rs 3.7 lakh crore in 2030, about 80 per cent of […]
Maharashtra: Costly fuel propels demand for electric scooters
According to dealers, they are facing a shortage of these two-wheelers and three-wheelers in the largest city in the Marathwada region of the state. Aurangabad: In a reflection of the impact of the frequent rise in the prices of petrol and diesel on maintaining vehicles, dealers in Maharashtra’s Aurangabad are seeing a rise in enquiries […]
