SUBSCRIBE NEWS LETTER

evs

Folks Motor Commits ₹500cr For EVs, Aims Local Manufacturing

Hybrid electric retrofit solutions company Folks Motor has announced a Rs 500 crore capital expenditure (CAPEX) investment over the next five years under the Production Linked Incentive (PLI) scheme. This investment is directed towards developing dedicated EV warehousing industrial parks, strengthening India’s EV supply chain, and addressing the critical challenge of achieving 50% domestic value […]

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SaurEnergy Explains-India’s New Found Love for Premium EVs

India, traditionally an affordable car market, is witnessing a surprising surge in demand for expensive electric vehicles, particularly e-SUVs, crossovers, and luxury EVs. This shift is intriguing, given the country’s long-standing preference for budget-friendly vehicles. With prices of the recently launched cars beginning from ₹14 lakh ex-showroom for the MG Windsor to ₹30.5 lakh ex-showroom […]

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Elon Musk’s Starlink Could Drive In Benefits For EVs In India

Elon Musk’s Starlink is finally a player in India’s internet business. Thanks to the recently inked partnerships with Indian telecom giants Airtel and Jio, Musk’s tech juggernaut of SpaceX-owned Starlink and Tesla are magically aligning to enter India with quite a punch. Starlink is the “world’s first and largest satellite constellation using a low Earth orbit to […]

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As Range Anxiety Recedes, Enter Charging Anxiety For EVs In India

Personal mobility solutions are increasingly about clean, mean electric machines. In India, that means big, bold, and beautiful electric crossover vehicles and SUVs offering the latest in battery tech, safety tech, and comfort tech that promise to go longer and higher on a full charge. As EV Range Improves… More importantly, improving batteries and battery […]

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Refex Green Mobility to Acquire Gensol’s 2,997 EVs & Associated Debt of Rs 315 Crore

Gensol Engineering Limited and Refex Green Mobility Limited have entered into a strategic tie-up for the transfer of 2,997 electric four-wheelers (e4Ws) owned by Gensol to Refex. This strategic tie-up will involve Refex eVeelz assuming Gensol’s existing loan facility, streamlining operations, and enhancing the deployment of e4Ws across key markets, including Chennai, Bengaluru, Hyderabad, Mumbai, […]

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LG Energy To Supply Cylindrical Batteries for Aptera’s Solar EVs

LG Energy Solution has announced its partnership to supply cylindrical batteries to Aptera Motors Corp. (Aptera), a solar electric vehicle manufacturer. The agreement follows the signing of a three-party Memorandum of Understanding (MoU) in Las Vegas between LG Energy Solution, Aptera, and CTNS, a battery module and pack manufacturer. The three companies will collaborate on […]

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The Impact of EVs on Auto Insurance and Risk Management

With rapidly growing footprints, electric vehicles (EVs) are fast becoming a preferred choice of customers across the globe. Consequently, their wider adoption is resulting in critical implications for the auto industry. Especially for insurance and risk management professionals, the popularity of EVs warrants a comprehensive makeover of their existing policies. So, what are key areas […]

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