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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Volvo Group’s subsidiary Renault Trucks is pursuing its investment in electric mobility. From 2023, an all-electric Renault Trucks offer will be available for each segment, namely distribution, construction and long distance. To support these developments and be able to offer a complete and competitive Renault Trucks range on the market, the company is setting up […]
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With the sales start this year of three new heavy-duty all-electric models, Volvo Trucks believes the time is right for a rapid upswing in electrification of heavy road transport. This positive outlook is based on the ability of Volvo’s electric trucks to meet a broad variety of transport needs. In the EU for example, almost […]
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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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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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Introduces toll-free number to address myths and queries of customers related to EVs Okinawa Autotech, one of the fastest-growing and most disruptive electric two-wheeler manufacturers in India, has introduced a toll free number to address the myths and queries associated with the adoption of electric vehicles. The company urges people across the country to switch […]
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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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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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