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EV import scheme can affect Hyundai’s business
This policy will enable foreign OEMs to set up manufacturing bases in India, and also enter the domestic sales market, which will also intensify competition in the industry.Read more
Eicher rolls out 50,000th bus from Baggad plant
The 50,000th vehicle was an Eicher Skyline Pro E electric bus.Read more
Zen Mobility launches new pod variants- ThermoFlex and LoadMax
Equipped with cutting-edge technologies such as telematics, IoT integration, geo-fencing with remote vehicle locking, trip data monitoring, and battery state-of-charge (SOC) tracking, these variants are the result of extensive customer feedback and trials.Read more
Amara Raja Invests €20million in InoBat
InoBat, specialises in research, development, and production of batteries for electric vehicles.Read more
India can achieve net-zero emissions by phasing out fossil-fuel cars by 2038
In the base case ETS, passenger electric vehicle (or electric car) sales continue to rise globally, even though growth has slowed in the US and Europe as a result of regulatory and political changes, and some automakers pushing back their EV targets. Read more
Sundram Fasteners receives Rs 40 billion in EV orders; to expand further
Sundram Fasteners aims to increase the share of non-automotive revenue from 30% to 50% over the next five years. Read more
Godrej & Boyce announces motor components operations; eyes EV sector
Godrej & Boyce aims to double the revenue from the motor components business in the next three years.Read more
TPEM’s Punch.ev & Nexon.ev receive 5-star safety ratings from Bharat-NCAP
Punch.ev set a major milestone by receiving the highest ever scores achieved by any vehicle till date.Read more
Tata Power adds high-capacity fast charging points for e-bus charging network
The move enables e-mobility across 30+ bus depots for State Transport Corporations like DTC, BEST, BMTC, JSCL, SSCL, BRTS-AJL through OEM partnerships.Read more
Jitendra New EV appoints Sachin Shende as National Head of Sales & Marketing
Established in 2016 under the Shah group, Jitendra New EV Tech Pvt. Ltd is a foray into the future of transportation. The Shah Group is a diversified conglomerate that operates across real estate, automotive, retailing, software, and manufacturing and is headed by Jitendra Shah, a first-generation entrepreneur. Read more