ElecTorq Technologies, which makes delivery-oriented Baaz electric bikes, said it raised $2 mn from investors such as Kalaari Capital, AdvantEdge, 9Unicorns and Sumant Sinha to fund its expansion plans. The company focuses on delivery workers with its bikes and automatic battery swapping network. “We are getting bombarded with requests from gig workers to join our […]
Bajaj Chetak, the first electric two-wheeler from Bajaj Auto, has been launched in Delhi, Mumbai and Goa, the company said. With this, the scooter — priced at around Rs 1.4 lakh — is now available in 20 cities. Chetak EV was launched in 8 cities during 2021, including Pune. The network has now been extended […]
With only days remaining for the entry of Hero MotoCorp into the electric scooter market, Hero Electric — run by relatives of the promoter family of Hero MotoCorp — have entered into a five-year agreement with Mahindra & Mahindra, a rival of Hero MotoCorp and one of India’s largest automakers. Under the contract, Mahindra & […]
TVS Motor Co, one of the biggest two-wheeler makers in India, today announced that it will invest Rs 1,200 cr in the area of electric vehicles and other futuristic vehicle technologies over the next four years. It also signed an agreement with the Tamil Nadu state government, as the investment will be done in its […]
RattanIndia Enterprises, led by IndiaBulls founder Rajiv Rattan, has announced plans to open Revolt electric bike showrooms in 60 new cities by early next year, which will take the total number of showrooms to 75. These new cities include Kolkata, Chandigarh, Lucknow and the national capital. The current crop of showrooms are located in Bangalore, […]
Hero MotoCorp, the world’s largest maker of motorized two-wheelers, said it will start its EV journey in March with a scooter developed fully in-house, but said current technology and battery prices prohibit the launch of electric motorcycles aimed at the mass market. The company has already announced that it would launch an electric vehicle in […]
Two weeks after announcing that it plans to invest more and more in developing ‘computer controlled vehicle technology’, Pune-based embedded software company KPIT Technologies has announced a tie-up with ZF, a €33 billion German automobile technology provider. KPIT Tech said it will develop software for next-generation, automated vehicles with ZF, which is based in Munich […]
TVS Motor Company said it has tied up with Tata Power to create a large, dedicated electric two-wheeler charging infrastructure to accelerate electric mobility in India. This will be done by setting up an electric vehicle charging infrastructure (EVCI) across India and by deploying solar power technologies at TVS Motor locations. TVS Motor Co said […]
Tata Power, one of the country’s largest power generation and distribution companies, said it has signed an agreement to set up electric vehicle charging points at the petrol pumps operated by Hindustan Petroleum Corporation Ltd or HPCL. The two companies, however, did not disclose the estimated number of such charging stations that will be put […]
Sharda Motor Industries, a New Delhi-based manufacturer of auto parts such as suspensions and catalytic converters, and the Kinetic group of Pune have become two of the rare Indian firms to dare to enter the cut-throat world of lithium-ion battery manufacturing. The supply of Li-ion batteries is currently almost completely controlled by Chinese companies, which […]
Hero MotoCorp, which announced a partnership with Taiwan-based battery swapping company Gogoro, said its new range of e-bikes with swapping technology will hit the Indian market next year, possibly as early as Jan-Mar. Niranjan Gupta, Chief Financial Officer at the world’s largest two-wheeler maker, said the company is working on bringing out electric bikes that […]
Hero MotoCorp, the world’s largest maker of two-wheeler vehicles, today announced a tie-up with Taiwan-based Gogoro to introduce the latter’s battery swapping technology in India. Hero MotoCorp, one of the biggest makers of electric scooters in India, will bring Gogoro’s battery swapping platform to India. Under the agreement, Hero will get access to Gogoro’s innovations […]
Bharat Heavy Electricals Ltd, India’s largest electrical equipment maker, said it has won a contract to supply electric buses for the Gorakhpur airport. A new airport for the Uttar Pradesh city, spread over 300 acres, will be set up on the Gorakhpur-Varanasi highway. At present, there is a small airport at Gorakhpur which is serviced […]
Amara Raja Batteries Ltd, India’s biggest manufacturer of lead acid batteries, reported a modest increase in revenue, and said it continued to face a demand slow down in its key markets of automobiles and telecom. “The automotive sector is facing challenges of demand uncertainty due to social, regulatory and technological changes,” said Vice Chairman and […]
Bharat Heavy Electricals Limited, which makes heavy electrical equipment, said has started rolling out a network of electric vehicle charges on the Delhi-Chandigarh Highway. The first such charger was inaugurated today at Ethnic India Resort in Rai in Sonepat district of Haryana. The chargers will be powered entirely by solar technology and will cover entire […]
The introduction of BS-VI fuel standard a year from now is expected to make small diesel engines too expensive to be of practical use and push the market for smaller vehicles towards petrol, CNG and electric vehicles, automaker Mahindra & Mahindra said. Managing Director Pawan Goenka said the share of diesel engines in cars has […]
Mahindra & Mahindra, the second largest Indian automaker, today announced the launch of Treo, a range of electric three-wheelers priced at Rs 1.36 lakh onwards with a range of 170 km per charge. Unlike other affordable electric vehicles such as bikes, the Treo uses the costly lithium ion battery to reduce weight and increase its […]
The 2018 version of Ciaz, the ‘A3’ sedan from Maruti Suzuki, has notched up bookings of over 10,000 in the first month, India’s largest carmaker said. This comes as a relief as the numbers had seen a drastic decline in the run-up to the launch of the new, 2018 model in August. The new variant, […]
Suzuki, the Japan-based parent of India’s largest carmaker Maruti Suzuki, has started real-life testing of electric vehicles in India. The company had, in September, promised to bring 50 units of its electric vehicles to India for conducting tests in real life conditions. “This extensive real-life usage of the vehicles in multiple terrains and climatic conditions […]
Ashok Leyland, one of India’s top two commercial vehicle makers, said it has set up an electric vehicle unit at its Ennore plant, giving the company the capacity to “deal with” about 5,000-10,000 electric vehicles per year. The move comes eight months after it signed an agreement with Israel-based Phinergy to explore the possibility of […]
