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 […]
Continue Reading
Euler Motors, a commercial electric vehicle company, is proud to announce a landmark collaboration with the Small Industries Development Bank of India (SIDBI) for the visionary “Mission 50K-EV4ECO” program, aimed at catalysing the entire EV value chain. This strategic partnership aims to revolutionize the electric vehicle financing segment, strengthen the electric mobility ecosystem, and pave […]
Continue Reading
Today, Volvo delivered three of the world’s first heavy-duty line haul electric trucks to Danfoss. The e-trucks will operate in fixed routes between Danfoss sites in Denmark, and one of the trucks will operate 24 hours a day, five days per week, without significant charging downtime. The delivery of the three e-trucks is part of […]
Continue Reading
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 […]
Continue Reading
Honeywell (NASDAQ: HON) today announced that American Battery Factory (ABF), a Lithium Iron Phosphate (LFP) battery cell manufacturer, is fully integrating Honeywell’s automation and process safety solutions in its new gigafactory located in Tucson, Arizona. At approximately 2 million square feet, the facility will be the largest gigafactory to produce LFP battery cells in the United States upon […]
Continue Reading
OTO, a pioneering digital two-wheeler commerce platform and a leading player in two-wheeler financing, proudly announces its dynamic collaboration with Suryoday Small Finance Bank, a prominent new-age bank. This strategic alliance is focused on transforming the landscape of two-wheeler financing, particularly for the under-served customer segments. The partnership with Suryoday Bank creates an important milestone […]
Continue Reading
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 […]
Continue Reading
ZF is gearing up to present its latest advancements in bus and coach technologies at Busworld 2023 in Brussels (October 7-12), including the world premiere of ZF’s next-generation low-floor electric mobility solution for city buses. With a focus on decarbonization, connectivity and safety, ZF will showcase its ever-expanding portfolio of advanced systems and technologies that […]
Continue Reading
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 […]
Continue Reading
Widely recognized and celebrated as the leading platform to facilitate the convergence of hundreds of 2nd and 3rd generation entrepreneurs of the rapidly growing automotive component industry, the ACMA-Young Business Leaders’ Forum (YBLF) was established under the aegis of the Automotive Component Manufacturers Association of India (ACMA), the nodal industry body. Leading the way in […]
Continue Reading