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MG Motor-PPG Asian Paints JV to cut CO2 emissions by 1500 tons/annum

MG Motor India has recently become the world’s first automotive brand to use ULTRAX Degreaser, a liquid alkaline degreasing cleaner developed by PPG Asian Paints, an official announcement said. The degreasing pre-treatment chemical launch aligns with the brand’s focus on making sustainable mobility greener, leading to a CO2 reduction of 787 tons/annum, it added. Apart […]

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Hyundai to Launch 17 EV Models by 2030

South Korean auto giant Hyundai has planned to come up with at least 17 complete electric vehicle (EV) models by 2030. The plan is to ensure a robust EV line up and stay afloat in the view of tough competition from rival EV makers in the global market. The plan was disclosed when Hyundai Chief Executive […]

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Mahindra Group to Invest Fresh Rs 3000 cr in EV Business

Leading Indian automaker Mahindra & Mahindra Ltd (M&M) has said that the company will invest Rs 3000 crore in the coming three years in the electric vehicle segment where it will combine its capabilities of all the current operations across the world. Managing Director and CEO Anish Shah said that the company has massive investment plans for […]

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Omega Seiki Mobility, ElectroRide to Set Up 500 Dealer network in 2 Years

Indian electric vehicle (EV) manufacturer Omega Seiki Mobility (OSM) has partnered with ElectroRide to come up with more than 500 dealerships across India. The network will be created by the end of financial year 2024. ElectroRide is an arm of Goenka Green Private Limited and OSM belongs to the Anglian Group Company. Omega Seiki Mobility […]

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Fortum, BSES Yamuna Power Launch EV Chargers with Load Balancing

Fortum Charge & Drive India on Friday said it has partnered with BSES Yamuna Power Ltd to launch a first-of-its-kind pilot project on load balancing in India. The pilot project will focus on serving intelligent distribution of available load among chargers and Electric Vehicles (EVs), a statement said. “Fortum Charge & Drive India Pvt. Ltd., […]

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The World’s Top 5 Automakers and their EV plans

The global automotive market is pushing for electric mobility at record rates. In a world there are literally hundreds of start-up automotive firms promoting electric mobility solutions, the electric plans of the world’s top 5 automakers deserve special focus. The automobile, since its inception in 1885 by German engineer Carl Benz, has certainly taken the […]

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Envision AESC to produce EV batteries that run 1000 km from single charge

Leading Japan headquartered  electric vehicles’ battery manufacturer Envision AESC Group is working on a battery for the EV segment that can run a  1,000 km on a single charge. Envision AESC Group is jointly owned by Envision Group and Nissan. It has been learnt that the company will begin production of the new battery technology […]

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SUN Mobility, cKers Finance Partner to Decarbonise Last-mile Delivery

cKers Finance, an NBFC focused on financing sustainability and clean energy in India, has provided a debt financing facility to SUN Mobility, a provider of energy infrastructure and services for electric vehicles (EVs). The capital being provided to SUN Mobility will be used to accelerate the deployment of electric vehicles integrated with SUN Mobility’s swappable […]

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NITI Aayog Report Emphasises on ‘Finance’ for Better EV Future

The role of finance is critical for the holistic and comprehensive growth and development of India’s electric vehicle industry and a ‘just transition’, finds a new report released by NITI Aayog and the Rocky Mountain Institute (RMI) India. The report, titled ‘Mobilising Electric Vehicle Financing in India’, finds that the transition to clean mobility will require […]

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