You are here

Hyundai's Strategy 2025 aims to electrify India models by 2035

By : Sustainability ..., Dec 5, 2019

South Korean automotive giant Hyundai Motor Company on Wednesday announced it aims to electrify most of its new models in emerging markets like India by 2035. Announcing its 'Strategy 2025' global roadmap to morph into a smart mobility solutions provider, Hyundai also said it...

Read more..

Corporate, PE investments in EV start-ups grow 170% in 2019 to $397 mn

By : Sustainability ..., Dec 4, 2019

Driven by the belief that the next wave of disruption for India’s automobile industry will be led by electric vehicles (EVs), corporate and private equity (PE) investors seem to be increasing their bets on start-ups working in this space. Investment flows into such start-ups...

Read more..

Chennai to see the rise of e-rickshaws

By : Sustainability ..., Dec 2, 2019

MAuto, a private autorickshaw service provider, has introduced about 100 e-rickshaws on Chennai roads for commuter services. The company will retrofit conventional petrol autorickshaws with electric motors to run on batteries. The converted e-rickshaws for public commuting...

Read more..

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...

Read more..

Bajaj Auto invests $8 million in e-bicycle sharing platform Yulu

By : Sustainability ..., Nov 27, 2019

Bajaj Auto Ltd, India’s second largest motorcycle manufacturer, will invest in Bengaluru-based cycle sharing platform Yulu, which offers electric cycles and bicycles on hire for last-mile commute.

This comes in the...

Read more..

Developing EV infrastructure in India will take time: Honda

By : Sustainability ..., Nov 15, 2019

Resolution of challenges related to range and cost of electric vehicles, the establishment of supporting infrastructure like charging and battery swapping stations and the subsequent adoption of the technology by the populace in India will take time, said Japanese auto major...

Read more..

Tata Motors opens Advance Power Systems Engineering Tech Centre in Pune

By : Sustainability ..., Nov 15, 2019

Tata Motors on Wednesday inaugurated the Advance Power Systems Engineering Tech Centre at the Engineering Research Centre (ERC) in Pune. This futuristic tech centre will play a key role in engineering, testing and developing cutting-edge powertrain solutions for all its...

Read more..

Chinese automaker BYD to enter Indian EV market

By : Sustainability ..., Nov 15, 2019

Chinese companies are making beeline for India's electric vehicle market. The latest to join the bandwagon is Chinese biggie BYD. Local electric fleet operator ETO Motors in collaboration with BYD has announced it will deploy a fleet of cargo vehicles comprising of 3W and 4W...

Read more..

Tata seeks partners for JLR; approaches BMW, Chinese automaker Geely

By : Sustainability ..., Nov 13, 2019

Tata Group, the owner of Jaguar Land Rover, has approached carmakers including China’s Zhejiang Geely Holding Group Co. and BMW AG as it seeks partnerships for the beleaguered British automotive business, people with knowledge of the matter said. India’s largest conglomerate...

Read more..

Centre to increase EV charging points with German fund

By : Sustainability ..., Nov 8, 2019

With German Chancellor Angela Merkel on Saturday pledging to invest 1 billion euros over next five years on environmentally friendly urban mobility in India, the Central government is planning to use a major part of the fund to increase the number of charging points for...

Read more..