Ratings and research company CRISIL has come out with an analysis that the electric vehicles (EVs) present an opportunity of about Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026. CRISIL says that the original equipment manufacturers (OEMs) and component manufacturers will have potential revenue of about Rs […]
EKA, an electric vehicles & technology company, and a subsidiary of Pinnacle Industries Limited, has announced entering into a long-term strategic collaboration, initiated through a Memorandum of Understanding (MOU), with Bengaluru-headquartered advanced battery technology startup Log9 Materials. The partnership is mainly aimed to provide Log9’s fast-charging advanced battery solution RapidX for EKA’s new energy vehicles, including their recently-launched pure electric […]
In a move towards augmenting its overall brand experience, Hero Lectro, the E-Cycles brand of Hero Cycles Ltd. has announced the launch of its new website to promote D2C sales and strengthen its overall omni-channel presence. With access to Hero Lectro’s complete range of e-cycles and cargo e-bikes, the platform will enable visitors and buyers […]
Indian automaker Tata Motors will ramp up its electric vehicles production as the supplies are not able to meet the skyrocketing demand and there is a huge backlog of bookings by the customers. At present, Tata Motors have Nexon EV, Tigor EV and XPRES-T electric vehicles for the Indian market and a coupe style SUV model […]
Electric vehicles adoption in India is playing out better than market estimates where fuel prices have been rising unabatedly of late. According to the data released by the Federation of Automobile Dealers Associations (FADA), electric vehicle retail sales in India saw over a three-fold jump last fiscal with the two-wheeler segment ruling the roost. FADA has gathered […]
Global automakers Toyota and Maruti Suzuki are developing a midsized electric SUV, which will be the duo’s first substantial entry into the electric vehicles’ market. The five-seater SUV built on skateboard architecture known as 27PL, derived from Toyota’s 40PL, will be powered by localized battery and other body parts. The EV will be fitted with […]
IIT Kanpur backed Offgrid Energy Labs has announced the launch of innovative ZincGel Battery Technology to strengthen India’s EV battery swapping segment with its sustainable batteries. The start-up will be targeting mobility partners to bring forth solutions for fleets operating low-powered electric vehicles like two-wheelers and three-wheelers. ZincGel Battery Technology, in comparison to lithium-ion and […]
Leading China-based EV manufacturers, that have sprouted to take advantage of the world’s largest EV market, have surprised potential customers with price hikes in recent weeks. The hikes come as a surprise to many people who have taken a drop in battery prices, which account for almost 40-50% of EV costs, for granted. As it […]
Omega Seiki Mobility (OSM) and Bengaluru-headquartered advanced battery technology startup Log9 Materials are partnering to deploy 10,000 3-Wheeler Rage+ Rapid EVs in Tier II and III markets of India by FY24. Supporting these 3W EV Cargo Loaders will be Log9’s state-of-the-art InstaCharging stations that promise to charge a 3W completely within 35 minutes, as compared […]
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