“There is work that is being done on the charging infrastructure. Charging infrastructure needs a lot more work to do and we are also doing some work in that area,” says Ravi Pandit, Chairman, KPIT Technologies.Can you outline for the benefit of our viewers that how has KPIT benefited because of EVs? How much of … Read more
Tesla sales fell last quarter amid increased competition in the electric vehicle manufacturing sector, despite the Austin, Texas, company decreasing prices to bring in more buyers. The electric car company said it built 433,371 vehicles and delivered 386,810 from January through March this year. The number of deliveries is down from the first three months … Read more
Xiaomi’s CEO said on Monday his goal for the firm’s first electric vehicle was that it would be the “best looking, easiest to drive and smartest car” priced below 500,000 yuan ($69,424), as the Chinese electronics maker gears up for orders this week. The company will on Thursday evening announce its official price range and … Read more
An analysis by Care Edge Ratings shows that the demand for vehicles powered by traditional fuels is progressively shifting towards those that utilise alternative fuels. The share of petrol vehicle sales, as a percentage of total vehicle sales, has recorded a significant decline, decreasing from 86 percent in 2020 to 76 percent in 2023 while … Read more
Shashank Srivastava, Senior Executive Officer (Marketing and Sales), Maruti Suzuki India Ltd, says: “We could expect the month to end around the 375,000 mark for the industry, that should be about 11% growth over last year. March being the last month of the financial year, we are expecting industry sales to be about 42,35,000 or … Read more
Ferrari CEO Benedetto Vigna says the automaker’s future electric vehicle will not be quiet like other EVs. This shouldn’t come as a surprise to anyone. Italians are traditionally not quiet people. Growing up in New Jersey and living amongst them means I have first-hand knowledge of this fact. Vigna intends to carry the tradition forward. … Read more
Photo: Steve DaSilva / Jalopnik I love electric cars. I love electric bikes, too. I don’t love them for their efficiency, their maintenance cost-savings, or their practicality, though — I love them because they’re fun. Ed Begley Jr. On The Past And Present Of Electric Vehicles Now, not every EV is fun. This, I admit. … Read more
New Delhi: India on Friday approved the electric vehicles (EV) policy mandating a minimum investment of Rs 4,150 crore or around $500 million. and allowing investors three years to set up local manufacturing for EVs with domestic value addition (DVA) of 25% by the third year and 50% by the fifth year. “The policy is … Read more
Korean auto major Hyundai said it will continue to make strategic investments towards increasing production capacity, setting up new manufacturing units, introducing new products and technologies to strengthen its presence in the Indian market. Unsoo Kim, Managing Director, Hyundai Motor India, said, India is a “focal” market for the company. “As we look forward to … Read more
Maruti Suzuki India is gearing up for a strong SUV push with at least six out of ten new models planned for the next three years starting FY25 being sports utility vehicles (SUVs), reinforcing the Japanese carmaker’s strong intent to sharpen focus on the vehicle body type amid a rapid shift in buyer preference. The … Read more
