Subsidy cut a speed bump, but manufacturers are adapting to the new regime After almost trebling to 7.3 lakh units1last fiscal, volume growth of electric two-wheelers (e2Ws) is set to slow to ~25% this fiscal following the recent reduction of subsidy under the FAME-II scheme and consequent price hikes in existing models. The good part […]
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New generation of electric vans for decarbonized and efficient logistics to be rolled-out by the new company Renault Group and Volvo Group join forces to address the growing needs of decarbonized and efficient logistics by creating a new company managing the development of an all-new generation of electrified vans. The two groups look forward to […]
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The collaboration between Ola and Ola Electric aims to electrify 100% 2W logistics ecosystem in India Ola, India’s largest ride-hailing platform, has announced the launch of its all electric on-demand delivery service – Ola Parcel, in Bengaluru. Aimed at electrifying logistic services for India, Ola parcel will serve as a highly affordable, and accessible delivery […]
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Ola Electric, India’s largest EV company, has wrapped up its electrifying show at the inaugural MotoGP Bharat 2023 at Buddh International Circuit (BIC) in Noida. Ola’s motorcycle portfolio put up on display has taken the centre-stage at the Fanzone, with the company’s booth abuzz with the motorsport enthusiasts from all over the world showing a keen interest […]
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By Hemal Thakkar, Senior Practice Leader & Director – Consulting, CRISIL Market Intelligence & Analytics The transition from internal combustion engine (ICE) vehicles to electric vehicles (EVs) accelerated in India during fiscal year 2023, driven by government policies that incentivized both manufacturers and buyers. The uptake has been impressive across vehicle segments, as reflected in […]
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Montra Electric, the EV brand of Murugappa Group, and Exponent Energy, an energy-tech startup, has announced a partnership to develop rapid charging electric vehicles in the 3-wheeler segment. Montra Electric will launch a rapid charging 3W variant that will be equipped with Exponent’s 8.8 kWh e^pack and will achieve a 0 to 100% charge in […]
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Tata Passenger Electric Mobility, a subsidiary of Tata Motors and the pioneer of India’s EV revolution, today launched the all-new Nexon.ev. A trail blazer by legacy, this latest avatar of India’s bestselling EV marks a significant leap forward for the entire Indian auto industry. A bold digital design language; a futuristic, tech-inspired drive experience; and […]
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Greaves Electric Mobility, announces the launch of electric cargo three-wheeler vehicle ‘Greaves Eltra’. Taglined ‘Everything Extra,’ Greaves Eltra redefines last-mile logistics by leveraging cutting-edge technology to cost-effectively meet the growing cargo demand. It offers customers ‘Extra’ in savings, support, technology, comfort, productivity, performance, and trust. With an enhanced power capability of 9.5 kW at peak performance, Greaves Eltra guarantees optimal efficiency […]
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In line with its commitment to transform last-mile delivery operations and promote sustainable transportation in the country, SUN Mobility, the leading provider of energy infrastructure and services for electric vehicles (EVs), has joined hands with Swiggy, India’s leading on-demand convenience delivery platform to power more than 15,000 e-bikes in Swiggy’s delivery fleet in the next […]
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Ultraviolette, an innovator in sustainable mobility with a unique vision of creating top-of-the-line mobility solutions has proudly stamped its name in two prestigious record books – India Book of Records and Asia Book of Records for the maximum distance covered by an electric motorcycle. The company’s performance electric motorcycle, the Ultraviolette F77 achieved this remarkable feat of endurance and performance by completing […]
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