electric vehicle

Shift To Two-Wheeler EVs To Reduce India’s Petrol Consumption: CRISIL

In a recent report, CRISIL Research highlights a projected rise in the market share of electric two-wheelers, expected to reach 12-15% by fiscal 2030 from current levels of under 5%. Additionally, the report highlights the emergence of compressed natural gas (CNG) passenger vehicle sales are expected to grow to 17-19% by the same period. This […]

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Mahindra Plans To Expand Its EV Portfolio With ‘Veero’

Mahindra & Mahindra Ltd. has unveiled its new model-Veero, a new light commercial vehicle (LCV) that aims to transform the segment. Priced from Rs 7.99 lakh, the Mahindra Veero is built on India’s pioneering Multi-Energy Commercial Vehicle (CV) platform, supporting diesel, CNG, and future electric powertrains. The company has now planned to launch the electric […]

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Mercedes-Benz Launches New Made-in-India Electric SUV

Mercedes-Benz has introduced its second ‘Made In India’ electric car for the country. Christened EQS SUV 580 4MATIC, the EV is priced at Rs 1.41 crore. Produced at the company’s Pune plant, this SUV displays advanced battery technology and features aimed at enhancing sustainability The EQS SUV comes with a large 122-kWh battery that allows […]

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Honda To Launch Electric Scooter In FY25

Honda Motorcycle & Scooter India (HMSI) is preparing to enter the electric scooter market soon. This comes at a time when several two wheeler automobile companies in India have started to penetrate the electric vehicle market with newer products. Yogesh Mathur, Director of Sales and Marketing of Honda Motorcycle announced that the automobile maker has […]

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Maruti Suzuki Unveils Plans To Launch 500-km Range EV

Automobile company Maruti Suzuki has now planned to launch its powerful Electric Vehicle (EV) with a wide range of 500 kilometers. The company informed the people about their latest decision at the 64th annual session of the Society of Indian Automobile Manufacturers (SIAM) in New Delhi. The Japanese car marker also gave more details about […]

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India Can Export 8.6cr Electric Two Wheelers By 2047: RMI

In its recent report, RMI highlighted that in 2023, over 15 lakh electric vehicles (EVs) were registered in India. To achieve energy independence it advocated for India to adopt 100% clean fuel vehicle sales in all vehicle segments by 2043. RMI recently released its report, “India at 2047: A Vision for Energy Independence in the […]

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After Dip In EV Sales, Tata Motors Pins Hopes On FAME-III For Revival

After facing a dip in the sales of Electric Vehicles (EVs) in Q1FY25, Tata Motors has pinned hopes on the rollout of the FAME-III scheme for the revival of its electric vehicle business. The top management of the company said that the fleet segment of its EVs which used to be around 10 percent of […]

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BLive, Awign Tie Up To Connect 10,000 Gig Workers With EVs

India’s e-mobility platform, BLive, has partnered with Awign, a work-as-a-service platform, to onboard 10,000 riders for BLive’s EV Rental Programme over the next 12 months. This collaboration aims to enhance last-mile delivery services across India by providing gig workers with access to affordable electric vehicles (EVs). Awign, known for optimizing work processes and cost management […]

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Servotech Q1 Results- Revenue Grows 41% To Rs. 11,244 Lacs

Servotech Power Systems Ltd., a manufacturer of Electric Vehicle (EV) chargers, solar solutions, and power backup systems, has announced its financial performance for the quarter ended June 30, 2024 (Q1 Fy25) In its financial highlights, Servotech reported a strong YoY growth in consolidated total revenue by 41% in Q1 FY25, rising to Rs. 11,243.92 lacs […]

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