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EV companies tweak product strategy, defer capex to meet post-COVID scenario

By : Sustainability ..., May 1, 2020

The electric vehicle industry is preparing for life after lockdown by deferring capex and tweaking its product strategy to focus on new and emerging segments. EV manufacturers including Hero Electric, Kinetic, Mahindra Electric and others have indicated deferral of capex and...

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EV market looks to rev up with high-speed scooters

By : Sustainability ..., Apr 24, 2020

The electric two-wheeler market in India is gearing for a big consolidation and rejig in its product portfolio. While low-speed scooters that go at a maximum speed of 25km/hour constituted a whopping 90 per cent of all the electric two-wheelers sold in FY20, EV manufacturers...

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Amazon India's Electric Delivery Rickshaws to be Manufactured by NOIDA-based Kalinga and Pace

By : Sustainability ..., Jan 22, 2020

Noida-based Pace Electric Vehicles and Kalinga Ventures are among the lesser-known EV makers who will power Amazon’s delivery system as part of the e-commerce major’s effort to be carbon neutral by 2040, sources said. Amazon’s decision to buy vehicles from small manufacturers...

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TN’s electric vehicle policy attracts global player, MoU likely to be signed

By : Sustainability ..., Nov 29, 2019

Tamil Nadu’s electric vehicle policy has attracted global players including those from China, and the state government is likely to sign a Memorandum of Understanding soon. About nine new MoUs with various companies, including BYD China, would be signed as part of the...

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Tamil Nadu’s EV Policy Draft Has A Host Of Incentives For Manufacturers And Buyers

By : Sustainability ..., Aug 21, 2019

Tamil Nadu plans to offer a raft of incentives and special sops for 3-5 years to attract electric vehicle (EV) manufacturers and allied industries to complement the central government push to...

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Tamil Nadu electric vehicle policy draft may have sops for early adopters

By : Sustainability ..., Aug 8, 2019

Tamil Nadu plans to offer a raft of incentives and special sops for 3-5 years to attract electric vehicle manufacturers and allied industries to complement the central government push to 100% EV...

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