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Shifting to electric vehicles may only burn money: Experts

By : Sustainability ..., Nov 29, 2019

Electric vehicles may not be the panacea the country is hoping for. To implement the electrification plan of 2030, the manufacturing of battery capacity in the country needs to be augmented at least 1,000 times. Moreover, five giga factories will be required to be set up,...

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Tighter CAFE norms to electrify govt's EV push

By : Sustainability ..., Nov 27, 2019

The government is looking to tighten the corporate average fuel economy (CAFE) norms, in a bid to push automakers to incrementally increase production of electric vehicles by 2-3% every year.

This is a more gradual...

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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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Maruti Suzuki Wagon R EV launch delayed

By : Sustainability ..., Oct 29, 2019

It is common knowledge that Maruti Suzuki is working towards making its debut in the electric vehicle (EV) segment in India with an electrified version of the Wagon R, initially slated to be introduced next year. However, during a recent press conference for the announcement...

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S-CCI India eyeing CV market to fuel growth

By : Sustainability ..., Oct 25, 2019

Commencing operations in 1985, S-CCI India Limited is setting up a plant at Gujarat to expand its reach in the CV market. Set up in collaboration with CCI Corporation, Japan, the company, a leading manufacturer of coolants and brake fluids, is catering to OEMs like Maruti...

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Indigenisation of EV Manufacturing Could be Worth $2.7 bn for India: CEEW

By : Sustainability ..., Oct 24, 2019

Indigenisation of electric powertrain components and battery pack assembly could produce a 5.7 percent higher output value addition worth USD 2.7 billion for the auto industry in India, in case of an electric vehicles (EV) transition, according to an independent study...

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ICE, EVs not foes; they’ll coexist: Tata Motors CEO

By : Sustainability ..., Sep 20, 2019

There is no confusion, and no reason for confusion regarding internal combustion engines and electric vehicles, as ICE and EV will coexist at least for another decade or even beyond, said Guenter Butchsek, CEO & MD, Tata Motors Ltd. Tata Motors is working on multiple...

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Climate Crisis Economics Brings Two Competitors On The Table

By : Sustainability ..., Jul 24, 2019

Climate change crisis, a common enemy, has bought competitors BYD and Toyota together to strike a deal to develop mutually beneficial battery technologies and vehicles. Recently they have...

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