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 […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
Scoring yet another industry first, Ather Energy, India’s leading electric scooter manufacturer announced a new 60-month vehicle loan product that will make EV scooters more affordable and accelerate its adoption in the world’s largest two-wheeler market. This is also the first time that a finance product with a tenure of 5 years has been rolled […]
Continue Reading
Ola Electric, India’s largest electric vehicle company, today announced the opening of its 500th Experience Centre (EC) in Srinagar District of Jammu & Kashmir, as part of its strategy to expand its direct-to-consumer (D2C) presence across the length and breadth of the country. With presence in close to 300 cities, Ola has been actively launching […]
Continue Reading
Mahindra Last Mile Mobility (LMM), a part of Mahindra & Mahindra (M&M), today organised a ground-breaking ceremony for a new manufacturing unit at its existing plant in Zaheerabad, Telangana. Shri. K. T. Rama Rao, Honourable Minister for Municipal Administration and Urban Development; Industries and Commerce; and Information Technology, Electronics and Communications, Government of Telangana, was the […]
Continue Reading
Mahindra has the maximum patents granted to an Indian OEM during this period with 149 patent applications just in the EV space Mahindra Research Valley (MRV), the flagship R&D and Innovation centre of the Mahindra Group, established in 2012, has been at the forefront of automotive technology and has to its credit globally acclaimed products, […]
Continue Reading
A circular, resilient, sustainable and responsible value chain for cleaner electric vehicles will help India accelerate towards a cleaner, safer, environmentally better future for everyone Battery-powered electric vehicles (EV) have been hailed as clean vehicles that will transform mobility and significantly reduce transportation’s harmful impact on the environment. They can be more ecofriendly compared to […]
Continue Reading
Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies announced that their investment of Rs. 10,000 Crore for electric vehicles has been approved under the Maharashtra Government’s industrial promotion scheme for Electric Vehicles. The company, through its subsidiary, will make investments of approx. Rs. 10,000 Crore over a period of 7-8 years […]
Continue Reading
Marelli has been awarded an important contract to supply its Battery Management System (BMS) – a core component of electric vehicles design, also regarded as the “brain” of the battery – for the future BEV (Battery Electric Vehicles) small-medium cars of a major global carmaker, from 2026. Within the project, Marelli will provide both the […]
Continue Reading