The electric vehicles (EVs) in India are set to consume a significant share of the country’s electricity by 2035, highlighted a report by IKIGAI Asset Manager Holdings, an investment management firm. According to the report, EVs are expected to account for 6 to 8.7 per cent of India’s total electricity consumption by 2035, reflecting the … Read more
Riding on the faster adoption of EVs in India’s luxury car segment, JSW MG Motor India plans to drive into the segment with its new energy vehicles (NEVs) which include electric, hybrid and plug-in hybrids. With the segment being dominated by the German marquee brands, attracting buyers into its fold will be anything but easy … Read more
Maruti Suzuki is planning to export electric vehicles (EVs) from India to markets in Europe and Japan, reported PTI citing MD and CEO Hisashi Takeuchi on Tuesday. He said that the automaker will have a high-specification EV with a high-range of 500 km and would be powered by a 60 Kilowatt-hour battery. The remarks came … Read more
Abhishek Gaoshinde of Sharekhan By BNP Paribas, says it is not a mandatory policy, it is a voluntary policy. As long as it is voluntary, the success or the impact of the EV or any other thing would be dependent on the kind of value that the owner is getting. If an owner is getting … Read more
Good morning! It’s Monday, August 26, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Even EVs Can’t Get A Break From The Heat 1st Gear: Ford’s New EV Plan Means More Hybrids … Read more
Good morning! It’s Thursday, August 21, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla’s Cybertruck Has Finally Arrived 1st Gear: Jeep Worker Dies At Toledo Assembly Complex In the midst of … Read more
Saurabh Gupta, CFO, Dixon Technologies, says the iSmartU acquisition was finished on August 13th. Dixon which has bought a little over a majority stake in the company, will have only seven months’ kind of performance for this year. Gupta expects that at an annual level, this business can generate anywhere between Rs 7,000 crore to … Read more
Right now, electric vehicle sales are hitting a bit of a slowdown. Don’t get me wrong, the market is growing, but it’s not growing as fast as some may have predicted. We know automakers (for the most part) want to build EVs, and we know customers (for the most part) want to buy EVs, but … Read more
Bhavish Aggarwal, CMD, Ola Electric Mobility, says that their S1 X scooters are priced at or below the median ICE scooter and in bikes also it is going to be the same because the supply chain is all the same. They are working on the supply chain, and started trial production of lithium cells. The … Read more
Good morning! It’s Thursday, August 8, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla Had A Very Interesting Week 1st Gear: Happy Telsa Robotaxi Release Day! In a parallel universe, today … Read more
