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MG’s electric ZS SUV outsells EVs of M&M, Tata and Hyundai at launch

By : Sustainability ..., Jan 20, 2020

MG Motors has bagged over 2,100 bookings for its upcoming electric vehicle, the ZS SUV, and this is more than the combined EV sales of Mahindra & Mahindra, Tata Motors and Hyundai in 2019. The car hits the road later this month, and is likely to cost under Rs 20 lakh. The...

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Tata Tigor EV Becomes the Most Sold Electric Car in India, Clocks 669 Units Between April-December

By : Sustainability ..., Jan 20, 2020

As India extensively pushes for electric vehicles in the country, manufacturers are scrambling for a piece of the pie to establish their stand. New entrants such as MG Motor will launch its second model in India in the form of the ZS electric SUV. Last year from April to...

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Volvo to launch its first electric vehicle in India in 3 years

By : Sustainability ..., Jan 13, 2020

Swedish luxury car company Volvo will launch its first fully electric car, the XC40, in India in late 2021 or early 2022, a company official told Moneycontrol. Built on the compact modular architecture platform (CMA), the XC40 is presently sold in India with a petrol engine....

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Tata Motors delay in BSVI compliance results in a decline in sales for 14 months in a row

By : Sustainability ..., Jan 3, 2020

Tata Motors reported a 13% decline in its December domestic sales volumes, failing to bring in any year-end cheer. The auto manufacturer last reported a rise in domestic sales in October 2018. Tata Motors has not yet transitioned to BSVI vehicles which will turn mandatory in...

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China's Great Wall revs up for India as rivals hit the brakes

By : Sustainability ..., Dec 20, 2019

Chinese automakers Great Wall Motor and Changan Automobile are accelerating plans to build cars in India after the initial success of rival SAIC Motor in one of the world’s biggest markets, three sources said. Great Wall, one of the biggest sellers of sports-utility vehicles...

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EV charging biz likely to grow at 50 per cent in next 3 years in India, says Delta Electronics

By : Sustainability ..., Dec 10, 2019

Power and energy management firm Delta Electronics expects its electric vehicle (EV) charging business in India to grow around 50 per cent per annum in the next three years with more car makers bringing their EVs into the country, according to a senior company official. The...

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Revolt Intellicorp starts delivery of RV400 in Pune

By : Sustainability ..., Dec 3, 2019

Revolt Intellicorp has today commenced deliveries of the first batch of its RV400 electric motorcycles in Pune. These e-bikes will be handed over to customers as per the booking sequence from the two Revolt Hubs in Kalyani Nagar, and ICC Tech Park, S.B.Road, informed the...

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Electric Vehicles will account for over a half of all passenger vehicle sales by 2040

By : Sustainability ..., Nov 21, 2019

Around 57 per cent of all global passenger vehicle sales, and over 30 per cent of the passenger vehicle fleet, will be electric by 2040, according to the Bloomberg New Energy Finance (BNEF). The BNEF Electric Vehicle Outlook 2019 expects annual passenger EV sales to rise to...

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Hero Electric to go ahead with expansion plan amid slowdown

By : Sustainability ..., Nov 21, 2019

Hero Electric has decided to go ahead with its planned investments in capacity expansion programmes despite the prevailing demand slowdown in the domestic market. Managing director Naveen Munjal told ET that although sales of electric two-wheelers were subdued in the first...

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Energy demand in Asia Pacific could grow 15% from 2019 to 6,800 mn tons of oil equivalent in 2040

By : Sustainability ..., Nov 20, 2019

Recent research by analysis firm Wood Mackenzie indicates that Asia Pacific’s decarbonisation bill could hit $3.5 trillion by 2040. This will have to include investments in nuclear, hydel power, solar, wind & hydrogen, collectively referred to as zero-carbon energy...

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