Bullish on electric mobility MG Motor India expects 30 percent of its sales to accrue from the electric vehicle segment this year as it gears up to introduce its second offering in the vertical next month, according to the company’s President and Managing Director Rajeev Chaba. The company, which currently sells ZS EVs in the … Read more
Jaguar Land Rover (JLR) will invest GBP 15 billion (roughly Rs. 1,23,200 crore) over the next five years in electric vehicles (EVs) and promised on Wednesday to deliver a new electric Jaguar in 2025 as the British luxury carmaker plays catch-up with rivals. JLR, which is owned by India’s Tata Motors, said in early 2021 … Read more
Koji Sato, the new president and CEO of Toyota Motor, made his first public speech in a live-streamed news conference on Friday afternoon, according to Nikkei Asia. On this occasion, Vice-President Hiroki Nakajima said the company will release 10 new EV models by 2026, which would amount to about 1.5 million vehicles in sales annually. … Read more
Under the flagship initiative of the Delhi government, 100 EV (electric vehicles) charging stations will be established at various metro stations, bus depots and other places across the national capital. On Thursday, Delhi Power Minister Atishi reviewed the project along with the power department officials. During the meeting, Atishi directed the officials of the power … Read more
Electric passenger vehicle market share doubled in March 2023. According to the Federation of Automobile Dealers Association (FADA), the year-on-year (YoY) market share of electric passenger vehicles has doubled to 2.6 percent in March, against 1.3 percent in March 2022. FADA is the apex national body of the automobile retail industry in India engaged in the … Read more
EV charging network provider Statiq on Monday said it has won a contract from public sector oil marketing firm HPCL for setting up over 500 EV chargers across 12 states. Under the contract, the firm will install over 500 chargers, for all types of electric vehicles including two and four-wheelers, at HPCL’s outlets spread across … Read more
Huawei Technologies is partnering with more legacy automakers to produce Aito-branded electric cars, the company’s senior executive said on Saturday, in a move to expand its presence in the auto industry. Huawei will team up with Chery Automobile, BAIC Motor and Anhui Jianghuai Automobile Group in jointly developing and manufacturing Aito-branded vehicles, Richard Yu, Huawei’s Smart Car … Read more
Goyal Aluminiums has plans to invest Rs. 200 crore to set up an electric vehicle (EV) manufacturing plant in Uttar Pradesh. The company has been allotted 4,000 square metre land from the Greater Noida Industrial Development Authority (GNIDA) for the project. “Goyal Aluminiums…is gearing up to set up a new electric vehicle manufacturing plant with … Read more
Electric vehicles energy infrastructure and services provider SUN Mobility on Monday said it has entered into a partnership with online food delivery platform Zomato to power 50,000 electric two-wheelers of the latter’s fleet over the next two years. Under the partnership, SUN Mobility will provide its battery swap solutions for last-mile deliveries with the initial … Read more
Bharat Petroleum Corporation Limited (BPCL) has announced that it has launched 19 EV fast-charging corridors along 15 highways in Karnataka, Kerala, and Tamil Nadu. At approximately every 100 km on the corridors, one can find an EV fast-charging station, a top BPCL official said at an event here on Friday. “The fast-charging stations have been … Read more