SUBSCRIBE NEWS LETTER

electric vehicles

Tata Motors Now Have More Than 600 Operational E-Buses

India’s multinational automotive manufacturing company Tata Motors now has more than 600 operational electric buses plying in the country. The company recently shared the information in its latest investors conference call during the discussion on the Q1 FY24 financial results.  According to the automobile firm, during the Q1 of FY24 itself, the company deployed around […]

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Singapore’s Temasek to Invest INR 12,000 Cr in Mahindra & Mahindra EV Arm

Major automobile firm Mahindra and Mahindra Ltd (M and M) has revealed that  investment firm Temasek, based out of Singapore, will be investing INR 1,200 crore in Mahindra Electric Automobile Ltd (MEAL), which is the Electric Vehicle (EV) subsidiary of Mahindra & Mahindra. The EV arm manufactures four-wheeled EVs. An agreement towards this has been […]

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Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation

A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning.  The report highlights the significant reduction in GHC […]

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Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying

For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […]

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Even As EV Sales Boom in Australia, Fuel Efficiency Standards Arrest Further Growth

Australia is witnessing a demand-side surge for electric vehicles, yet the lack of new fuel efficiency standards is posing challenges for EV penetration. The Electric Vehicle Council’s (EVC) latest State of Electric Vehicles report highlights a significant surge in EV sales, representing 8.4 per cent of all new cars sold in Australia in the first […]

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Row Over Misuse of FAME-II Subsidies Reaches Parliament

The ongoing controversy over the misuse of the Union government’s FAME-II scheme recently reached the corridors of the Indian Parliament. The development comes after the Union government was recently forced to take action against the errant Electric Vehicle (EV) manufacturers who allegedly flouted the scheme norms to claim subsidy. In the latest Monsoon Session of […]

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India Requires 13L Charging Stations By 2030: CII Report

A new report by the Confederation of Indian Industry (CII) on ‘Charging Infrastructure for Electric Vehicles’ claims that India would require around 13 lakh charging stations to cater to the growing electric mobility needs by 2030. It makes a case for the country to install around 4 lakh chargers for EV annually.  The industry association […]

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Japan’s Proterial Develops Prototype EV Motor Without Neodymium Magnets

Japanese metal maker Proterial has recently developed a prototype motor for electric vehicles that use magnets that do not contain the rare-earth metal neodymium. Neodymium magnets are the most common type of magnets currently employed in EV motors. However, this rare earth metal is chiefly sourced from China, because of which a stable procurement has […]

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9 EV Financing Startups in India Accelerating EV adoption

The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […]

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