India is on an electrification spree in the automotive sector. Comprising of two, three, and four-wheeler vehicles, it is presently growing and will witness a boom in the coming times. As per a report by KPMG, the government is targeting 40% EV adoption by 2032 at a CAGR of 22%. It further states that the […]
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Switch Mobility Automotive Limited, the EV arm of Ashok Leyland, has joined hands with Siemens Limited, a global technology powerhouse known for their engineering excellence, innovation, quality and reliability over 170 years, to address the potential of the e-mobility market in India, driven by a strong commitment to support zero emission mobility through lowest Total […]
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Okinawa Autotech, one of the fastest-growing and most disruptive electric two-wheeler manufacturers in India, has announced a strategic partnership with Welectric, a company engaged in the business of providing electric two wheelers on lease rental to various corporations and individuals. With this partnership, Okinawa and Welectric will collaborate to focus on working with companies involved […]
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Company plans to deploy at least 50 EVs and cover more geographical areas under its green distribution network by year end. 3PL service provider, FM Logistic India, is deploying its first batch of electric vehicles (EVs) in Bengaluru. The first batch of EVs comprises 3-wheelers from a leading commercial vehicle manufacturer having a load capacity […]
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Truck makers and environmentalists have joined forces to push for the deployment of 11,000 charging points for electric trucks across the EU by 2025, rising to 42,000 by 2030. The European Automobile Manufacturers’ Association (ACEA) and Transport & Environment (T&E) made this call to the European Commission in a joint letter yesterday. Given that there […]
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Simple Energy, a home-grown EV company, has released the testing images of its flagship e-scooter. Seen testing on the tracks, this Bangalore-based company has shifted its complete focus on developing a world-class product as the industry has seen large amounts of investment coming in for the race to sustainable evolution. The company has also finalized […]
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Magenta, a company that has been developing unique EV charging solutions under their “ChargeGrid” brand, has come up with another unique solution, this time for large residential complexes under their product range – ChargeGrid Prisma. The solution is developed specifically at solving the complex and multi-faceted problems for EV charging at residential societies where not everyone has […]
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By Srinath Rengarajan, Automotive Expert at Oliver Wyman Across all major automotive markets globally, we are witnessing a transformative shift to electric mobility. Even during the ongoing Covid-19 pandemic, while vehicle sales have dropped significantly in many of these markets, the uptake of electric vehicles have bucked the trend in 2020. Their role in decarbonizing […]
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Wardwizard Innovations & Mobility Limited, the first-ever company listed on BSE under the electric vehicle category, aims to achieve 25% of the overall EV vehicle market in India. With a market capitalization of more than Rs. 1800 crores, Wardwizard envisions the dawn of a new era for the Indian economy. The company has set up its state-of-the-art OEM plant with […]
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Preference led by Gen Z and millennials; top 2 reasons include cost efficiency and environmental sustainability. 88% reveal they would use office transportation if sustainable in nature COVID-19 has been a trigger for many around the world with regard to their habits and conscious choices have been made towards living a sustainable lifestyle, particularly for […]
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