EV Archives - Page 3 of 22

“Companies which never thought of software are now building their entire product line based on software”: Elektrobit India

July 19, 2023August 22, 2023News Desk

In this exclusive interaction with N. Balasubramanian, Satish Sundaresan, Vice President – Global Strategy & Managing Director at Elektrobit India elaborates on changing trends in the automotive space through software-defined vehicles and outlines the company’s strategy for ushering in new technologies Can we start off with the current trends and the sentiment in the market? […]

Odysse makes its EVs available on e-commerce with Flipkart partnership

July 17, 2023July 20, 2023News Desk

Odysse Electric Vehicles, leading home-grown premium electric vehicle manufacturer, has announced its strategic partnership with Flipkart, India’s largest e-commerce marketplace. This collaboration aims to provide customers across the country with a seamless and hassle-free experience to pre-book and purchase Odysse’s range of innovative and cutting-edge electric bikes and scooters bundled with amazing launch offers. The […]

Ola announces full-scale rollout of Prime Plus service in Bangalore

July 12, 2023July 12, 2023News Desk

Ola, India’s largest ride-hailing platform, has announced a full-scale launch of Prime Plus in Bangalore, a new premium service designed to ensure a seamless commute experience for customers, following a massive success of its pilot in the city. With Prime Plus, Ola is committed to delivering exceptional ride hailing experience with professional drivers and complete […]

Ola maintains dominance in EV 2W segment with nearly 40% market share

July 5, 2023July 10, 2023News Desk

Ola Electric, India’s largest electric vehicle company, maintained its leadership in the EV 2W segment and has cemented its pole position with ~40% market share for the month of June. Despite a decline in overall industry sales due to the reduction in subsidy, Ola Electric registered close to 18,000 units in June (as per Vahan […]

TORK Motors expands footprint in Gujarat with three new Experience Zones

June 23, 2023July 3, 2023News Desk

TORK Motors, leading home-grown electric motorcycle manufacturer, has inaugurated three new Experience Zones in Gujarat – two in Rajkot and one in Ahmedabad. The 3S facilities will be home to brand’s KRATOS-R motorcycle and will offer sales and after sales services including spares, to consumers in the region. TORK Motors now has four physical touchpoints in the state of Gujarat […]

Ola commences construction of India’s biggest gigafactory

June 23, 2023July 3, 2023News Desk

Ola Electric, India’s largest EV company, has announced the commencement of construction of India’s biggest Gigafactory. The company has installed the first pillar of its cell factory in Krishnagiri, Tamil Nadu. Ola Gigafactory will be one of the fastest cell factories built, set to revolutionize the manufacturing landscape, and take the EV revolution to humanity scale from India […]

Indian automotive components sector revenue to grow 10-12% this fiscal

June 22, 2023June 23, 2023News Desk

The Indian automotive components sector will clock 10-12% growth in revenue in fiscal 2024, riding on continuing domestic growth buoyed by robust demand from original equipment manufacturers (OEMs)1 on the back of high base of past fiscals, and steady aftermarket demand. This is despite exports continuing to remain sluggish. Continuing demand momentum, driven by OEMs, […]

Mahindra LMM takes No.1 spot in EV 3-wheelers in FY23

June 13, 2023June 13, 2023News Desk

Mahindra Last Mile Mobility (LMM), a division of Mahindra & Mahindra, has cemented its No.1* electric 3-wheeler manufacturer status in FY23. During this period, LMM sold 36 816 EVs and had a market share of 14.6%*. This is significantly up from FY22’s performance of 17 522 units and 7.6%* market share. The widespread 1150 touchpoints […]

CJ DARCL gets future-ready, goes electric for intra-city cargo run

June 8, 2023June 9, 2023News Desk

CJ DARCL Logistics, a leading player in the logistics industry, is taking significant strides towards sustainability by introducing its first electric vehicle (EV) for intra-city cargo movement in Bengaluru. This marks a pivotal moment in CJ DARCL Logistics’ unwavering dedication to sustainability and its ambition to achieve zero carbon emissions. Nikhil Agarwal, President, CJ DARCL […]

EV battery manufacturing to drive demand for 2,400 acres of land by 2030: CBRE

June 7, 2023June 12, 2023News Desk

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has announced the findings of its report, ‘Electric Vehicles in India – New Wheels on the Roads’. The report focuses on the real estate strategies for various stakeholders in the electric vehicle manufacturing lifecycle. According to the report, real estate requirements for manufacturing EV batteries are […]

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