In Short : Municipal Corporation of Gurugram (MCG) has partnered with private players to set up 25 battery swapping stations, aiming to boost electric vehicle adoption and curb air pollution. The initiative will enhance charging infrastructure, reduce range anxiety, and support sustainable urban mobility, positioning Gurugram as a forward-looking city in India’s clean transportation transition. […]
Mahindra & Mahindra in talks for Rs 5,000 crore EV push from British International, others – EQ Mag
In July 2022, British International Investment signed a pact with Mahindra Electric to invest Rs 1,925 crore via compulsory convertible preference shares Automaker Mahindra & Mahindra (M&M) is in advanced discussions with British International Investment (BII) and some other global investors to raise up to Rs 5,000 crore ($605 million) for its electric vehicles (EV) […]
Toyota engages with critics of its EV push – EQ Mag Pro
Auto maker is seeking meetings with investors and environmental groups that have questioned its commitment to greener cars Toyota Motor Corp. TM -1.21%▼ wants to meet with critics who say it is behind rivals in the race for greener cars, nearly a year after the auto maker pledged to spend billions of dollars expanding its […]
Automakers run into collision with Centre’s electric vehicle plan
Companies such as Bajaj Auto and TVS Motor have objected to banning two- and three-wheelers and asked for at least four months to come up with a comprehensive plan Two- and three-wheeler manufacturers are stoutly resisting the government’s e-mobility plan. The government wants to ban internal combustion engine (ICE)-powered three- and two-wheelers (with an engine […]