Author: News Desk
Kia to foray into Indian EV market with EV6
Kia India has announced its entry into the Indian EV market with its EV6 model. The first BEV from Kia, the EV6, is globally acclaimed for its design, quality, and features and was first unveiled globally in March 2021. The vehicle is built on Kia’s new dedicated EV platform E-GMP and is pegged to offer […]
Continue Reading
Olectra commences trials of heavy-duty electric truck
In a major development, Olectra Greentech Limited has successfully begun trials of its 6×4 heavy-duty electric tipper in India as part of its initiative to expand its product portfolio in the country. A pioneer and market leader in electric bus manufacturing, Olectra is now entering into truck manufacturing and the prototype under trial has been […]
Continue Reading
Range vs least cost
The electric bus dilemma for Indian urban public transport authorities Despite the encouraging ecosystem and scheme, supply order of only 61% of the initial target of electric buses has been issued after three years of the FAME II scheme. The actual number of electric buses running on roads under FAME II is even less than […]
Continue Reading
Horizon signs MoU with Triton EV, facility coming up in Gujarat
Electronics Components Manufacturer Horizon Microtech Signed MoU with Triton EV to setup their Manufacturing facility in the upcoming Triton EV Manufacturing Hub in Gujarat After a landmark milestone of Triton EV’s MoU with the State Government of Gujarat for setting up Asia’s biggest EV Manufacturing hub with an investment of Rs 10800 Cr. Ahmedabad based […]
Continue Reading
Electric vehicles a Rs 3 lakh crore opportunity for India – CRISIL Research
Electric vehicles (EVs) present an opportunity of almost Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026, a CRISIL analysis indicates. The opportunity includes potential revenue of about Rs 1.5 lakh crore across vehicle segments for original equipment manufacturers (OEMs) as well as component manufacturers and ~Rs 90,000 […]
Continue Reading
Tata Motors showcases Electric SUV Concept CURVV
Defining a new era of SUV design, Tata Motors showcased its Electric SUV Concept – CURVV. Conceptualised to offer practicality and elegance, all whilst exuding dynamism and unmatched road presence, the Concept CURVV is Tata Motors’ rendition of the modern SUV typology. Expected to storm the market within the next two years, this Concept will […]
Continue Reading
Global automakers earmark ~$600 bn for EVs over next decade
Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Therefore, automakers are committing operational investments of nearly US$600bn to secure their position in the future automotive market, says GlobalData, a leading data and analytics company. Broadly, the investments announced focus on […]
Continue Reading
BorgWarner Completes Acquisition of Santroll’s Light Vehicle eMotor Business
Move expected to strengthen company’s electric propulsion systems leadership BorgWarner has announced that it has completed its acquisition of Santroll Automotive Components, a carve-out of Santroll’s eMotor business. The acquisition is expected to strengthen BorgWarner’s vertical integration, scale, and portfolio breadth in light vehicle e-motors while allowing for increased speed to market. “We are pleased to […]
Continue Reading