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electric vehicle

EV Sales Touch New World Record But Raw Materials Could Be Spoiler

The sale of electric vehicles (EV) across the world more than doubled this year against 6.6 million last year, accounting for one in 10 new cars sold, according to the International Energy Agency‘s annual report published on May 23. However, the report mentioned that the grey areas like price and supply of critical minerals could […]

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Mahindra Will Seek Partnerships To Source EV Components

Anish Shah, Chief Executive Officer of Mahindra and Mahindra, has said that the company has planned to source components from other players in order to give fillip to its electric vehicle portfolio. A week ago, Mahindra and Mahindra had announced its strategic collaboration with Volkswagen where the latter was to equip the EVs of the […]

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Servotech Power Systems Ltd. Announces Results for FY22, Revenue rises 64% from FY21

Servotech Power Systems Ltd. (NSE: SERVOTECH), a prominent manufacturer of Solar, LED, medical-grade, and electric vehicle (EV) charging solutions, presented its annual financial results for the year ended March 31, 2022 at its Board of Directors meeting on May 20, 2022. Servotech Power Systems Ltd. bagged an annual revenue of Rs. 14,425 lacs as against […]

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Buying An EV in India: Tax, Incentives, Rebates

Switch to EVs in India has become a necessity as the nation aims toward its goal of carbon neutrality by the year 2070, as announced at CoP26, 2021. The recent upsurge in fuel prices has also smoothened the road for EV’s. And helping it along is a slew of incentives from the government to help […]

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Ez4EV Plays At the Intersection of Storage And Digital Payments

Startups are making the most of the EV transition, especially with digital payments made so easy in India. We now have Ez4EV Pvt Ltd (easy-for-electric vehicles), an energy management company and developer of innovative solutions for the EV charging sector, has broken barriers of the standard source (grid) of energy input by successful design and […]

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Skoda Auto Begins Production of MEB Battery Systems

Skoda Auto has announced that it has begun the manufacturing of battery systems for all electric vehicles based on the Modular Electrification Toolkit (MEB) in Mlada Boleslav. This is the only production facility of Skoda for MEB battery systems in Europe outside Germany. As per the official announcement, around 250 employees will soon be assembling […]

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EVRE Installs First residential EV Charging Station in Delhi

EVRE has installed its first dedicated charging station for the electric vehicles in a residential society in East Delhi. EVRE claims itself to be one of India’s leading EV charging Infratech companies. The maiden charging station of EVRE at the Nagarjuna Apartments in Mayur Vihar area is fitted with EVRE Infinity EV Charger. The EVRE […]

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Hyundai Motor Partners Tata Power to Expand EV Charging Infrastructure

Hyundai Motor said that it has signed a strategic partnership with Tata to develop electric vehicle charging stations’ network and amplify EV adoption in India. The official statement says that 60 kW DC charging stations will be installed at 34 EV dealerships of Hyundai in 29 cities. The objective is to serve all kinds of […]

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PMI Electro’s upcoming plant to produce 2500 commercial EVs annually

PMI Electro Mobility Solutions Pvt Ltd – maker of electric buses in India – has said that it will set up company’s new electric commercial vehicle (CV) manufacturing plant in Pune, Maharashtra. The new plant will be PMI’s largest manufacturing facility in India and will be based at MIDC, Chakan. PMI says that the new […]

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