NEW DELHI : BYD-Olectra, Tata Motors, Ashok Leyland and PMI Electro Mobility Solutions are among manufacturers in the fray to supply and operate about 1,200 electric buses for different state departments, people aware of the development have said. State transport utilities have floated, or are in the process of floating, tenders for about 5,500 electric […]
Tata Motors to launch 4 new electric vehicles in India by 2021-end, Nexon EV to be one of them
Tata Motors had showcased Altroz EV at the 89th Geneva International Motor Show along with Altroz, Buzzard, Buzzard Sport and H2X Concept. The electric vehicle will get a permanent magnet AC motor with single-speed gearbox. HIGHLIGHTS Tata Motors currently offers Tigor EV in India. Tata Tigor EV has a range of 142 km. The 2019 […]
Tata Motors to launch four new electric vehicles; electric Nexon, Altroz in the pipeline
Addressing shareholders at the 74th AGM, Tata Motors Chairman N Chandrasekaran listed out the company’s plans to capture maximum share in the electric vehicles segment. Speaking to shareholders at the 74th annual general meeting, Tata Motors Chairman N Chandrasekaran said, “In the next 12-18 months we will have five electric vehicles in the market. This […]
Auto industry gets an electric boost in FY20 Budget
Finance Minister Nirmala Sitharaman’s maiden Budget provides tax incentives and GST cuts for electric vehicles. ‘The future is electric,’ reiterates the Union Budget 2019-20. In her maiden Budget speech on Friday, Finance Minister Nirmala Sitharaman announced an income tax deduction of ₹1.5 lakh on loans for electric vehicles to incentivise their purchase. The loan is […]
India’s Electric Vehicle Push: These are the top auto firms taking the green route
Earlier this month, Tata Motors-owned Jaguar Land Rover said it has joined hands with BMW to develop next-generation electric drive systems. Maruti Suzuki is currently testing 50 electric WagonRs. Mahindra Electric Mobility, a part of the Mahindra group, is the pioneer of electric vehicle technology in the country. India’s electric vehicle (EV) push has gained […]
Mahindra Electric expects to double EV sales in FY20 too
Mahindra Electric, a part of the Mahindra group, Tuesday said it expects to continue with the sales momentum of the last fiscal in which it doubled sales on the back of its focus on electric vehicles for fleet operators and three-wheelers. The company, which saw electric vehicles sales grow two-and-a-half times to 10,276 units in […]
FAME-II subsidy: Tata Motors hopes private electric vehicle buyers get incentives
The second phase of Faster Adoption and Manufacturing of Electric and Hybrid (FAME-II) does not provide any incentives to private car buyers of electric vehicles. Tata Motors, India’s fourth-largest carmaker, has welcomed the government’s FAME-II scheme but hopes that private buyers of electric vehicles will also get incentives in the future. While the second phase […]
Electric Vehicles This Week: Ashok Leyland Seeks EV Tech Partner, VOGO Eyes 10K EV Scooters And More
Tata Motors to expand its EV offering in the passenger vehicle space Dockless scooter sharing startup VOGO plans to increase e-scooters in its fleet Mumbai-based ION Energy is looking to expand operations in the US, Europe and China While India is gearing up for a full-fledged electric vehicle ecosystem, startups and early-stage ventures still face […]
Tata Motors to export electric buses after winning tenders in 6 states
The company is bullish about the growth of electric vehicles in the country over the next five years. Tata Motors aims to export its newly launched electric buses to SAARC countries after winning supply tenders by six state transport undertakings in India. “We have made a huge investment in the development and design of our […]
Tata Motors Begins Supply Of 40 Electric Buses To Lucknow City Transport Services
The new Tata Ultra 9m AC electric buses are built on an all-new modular platform and will have a range of 150 km. The e-buses will be delivered in Lucknow over a period of the next four months. Tata Motors had commenced the supply of 40 electric buses to the Lucknow City Transport Services Ltd. […]