India’s electric vehicle drive: Challenges and opportunities
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M&M to invest Rs 10,000 crore to widen India’s EV manufacturing spectrum
The company stated it has received a nod to make the investment from Maharashtra Governments industrial promotion scheme for Electric Vehicles. The investment will be made over a period of 7-8 years for setting up the manufacturing facility, development, and production of Mahindras upcoming Born...
China’s BYD plans push into India’s burgeoning EV market
BYD seeks to capture 40% of India’s EV market by 2030: Sanjay Gopalakrishnan
The Hydrogen Internal Combustion Engine (H2ICE) powered trucks will emit near zero emissions, deliver performance on par with conventional diesel trucks and reduce noise and with projected reductions in operating costs: Reliance Industries Limited
— ANI (@ANI) February 6, 2023
Ola to invest $920 million in Tamil Nadu on electric cars, batteries plant
The state government has signed an MoU with the company for the production of four-wheeler electric vehicles and the establishment of 20 GW battery manufacturing capacity at an investment of Rs 7,614 crore. Ola will make investment through its subsidiaries Ola Electric Technologies and Ola Cell...
Log 9 had recently unveiled their battery cell . Planning their next scale up in establishing a production unit , which is going to be big . The current production line can cater to 25,000 electric two-wheelers annually, however, the company has a target of 1000 vehicles for this year. 60-70 percent of the current profit ll go to R&D .
India approves $7 bln plan for electric buses in nearly 170 cities
India on Wednesday approved plans for a nearly 580 billion rupee ($7 billion) scheme to deploy 10,000 electric buses in 169 cities over a decade, along with charging and associated infrastructure facilities.
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