Electric Vehicle
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Ola Electric faces decline as e-scooter competition heats up in India
Auto | Oct 01, 2024, 11:48 PM ISTOla Electric has reportedly sold 23,965 vehicles in September 2024, marking a second consecutive month of decline in sales. The company’s market share has been dropping steadily from over 50 per cent in April to just 27 per cent in September2024, as per the government data.
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Anant Ambani and BP CEO launch Jio-bp's 500th EV charging station in Mumbai
Business | Sep 26, 2024, 11:51 PM ISTAnant Ambani and BP CEO Murray Auchincloss inaugurated Jio-bp's 500th EV charging station at the Neeta Mukesh Ambani Cultural Center in Mumbai. The rapid expansion positions Jio-bp as a key player in India’s EV adoption, with a focus on fast-charging stations and green mobility.
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New Rs 10,900 crore PM e-drive scheme to boost EV adoption nationwide
Technology | Sep 24, 2024, 08:37 PM ISTPM E-Drive scheme marks a significant step up for India's EV ecosystem. As the government addresses infrastructure and incentivizes new categories like e-ambulances, the industry is hopeful that these initiatives will lead to higher EV adoption and sustainable growth.
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Ola Electric shares tumbles down to 30 per cent from peak value
Auto | Sep 04, 2024, 06:59 PM ISTOla Electric's stock has dropped again, for the 6th consecutive session and reported a loss of over 30 per cent from its recent all-time high of Rs 157.40 per share.
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WATCH: Will Musk join Trump's cabinet or be his advisor if ex-president is elected to second term?
World | Aug 20, 2024, 02:42 PM ISTTrump announced that if elected, he would consider appointing Elon Musk to a cabinet or advisory position, "if he would agree to it." Trump also mentioned that he might eliminate the $7,500 tax credit for electric vehicle purchases, describing it as "ridiculous."
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Ola Electric shares surge 20 per cent on market debut amid EV optimism
Auto | Aug 12, 2024, 05:56 PM ISTOla Electric Mobility saw a robust debut on the Mumbai stock market, with shares jumping 20 per cent, showcasing strong investor confidence in India's burgeoning electric vehicle (EV) sector. Now valued at USD 4.8 billion, the company is well-positioned to leverage the growing shift towards EVs.
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Tata Curvv EV launched in India starting at Rs 17.49 lakh: Check features, specifications
Auto | Aug 07, 2024, 01:52 PM ISTTata Curvv EV boasts a striking exterior that is typical of Tata's design language. Its front is adorned with sleek LED headlights and a bold grille.
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Centre accelerates electric vehicle adoption and local manufacturing
Auto | Jul 28, 2024, 06:04 PM ISTTo accelerate electric vehicle (EV) adoption and boost local manufacturing, the government has recently announced several new initiatives. These measures come as electric car sales in India are projected to reach 1.5 lakh in the current fiscal year (FY25).
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Government announces deadline to avail Electric Mobility Promotion Scheme: Details here
Auto | Jul 23, 2024, 06:38 PM ISTThe scheme aims to promote green mobility in the country. It has a budget outlay of 500 crore and claims will be processed on a first-come-first-serve basis.
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Putin-Modi bonhomie on display! Russian president drives PM in his electric car | WATCH
World | Jul 09, 2024, 12:53 PM ISTRussian President Vladimir Putin extended a warm welcome to PM Modi, calling him a 'dear friend" and saying he was "very happy" to meet the Indian leader. This was PM Modi's first visit to Russia in nearly five years as the two countries share long-standing and strong bilateral relations.
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India gets high-demand for EV 2 wheelers, but Ola experiences a dip: Know-why
Auto | Jul 04, 2024, 03:22 PM ISTThe electric vehicles (EVs) penetration in the Indian two-wheeler (2W) sector has increased over the past two months, despite incentives being nearly halved in April.
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Hyundai's all-electric Casper SUV: Production to start from July
Auto | Jul 04, 2024, 02:04 PM ISTHyundai Motor is reportedly starting the production of its upcoming Casper Electric, by July 2024. The production will take place in Gwangju, South Korea, and officials confirmed that the initial production goal is 21,400 units by the yearend.
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Battery electric vehicle sales cross 1 crore mark globally this year: Report
Auto | Jul 02, 2024, 06:26 PM ISTThe sale of electric vehicles is expected to exceed 10 million units this year. Several factors are driving this growth, and companies are also striving to reduce manufacturing costs.
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Hyundai steps on the gas for extended-range of EVs: Reuters
Auto | Jun 24, 2024, 11:26 AM ISTHyundai Motor Group, the world's third-largest automaker, is bolstering its EV battery supply chain and expanding its in-house production capabilities. These efforts aim to deliver more affordable electric vehicles with improved driving ranges.
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These Tata Motors cars received 5-star rating in latest Bharat NCAP test: Details here
Auto | Jun 13, 2024, 08:02 PM ISTBharat NCAP has released its first assessment results for 2024. The test results cover two Tata Motors cars, both of which have received 5-star ratings. Here are all the details.
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Tata makes big announcement about Sierra EV, here's when the SUV will arrive
Auto | Jun 12, 2024, 06:40 PM ISTTata Motors first unveiled the Sierra EV at Auto Expo 2020, and later revealed an improved model at Auto Expo 2023. The company has now made a major announcement regarding the SUV.
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EV sales in India to go up by 40 per cent to 1.75 million units in FY2024
Auto | Jun 12, 2024, 12:40 PM IST0EV sales in India surged significantly in the fiscal year 2023-24, reaching 17,52,406 units, marking a robust 40.31 per cent increase on a year-on-year (YoY) basis. As per the report by JMK Research Analytics, this growth was predominantly driven by the two-wheeler and three-wheeler segments.
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Indian scientist discovers new technology to charge EV faster than smartphones
Auto | Jun 02, 2024, 04:51 PM ISTAnkur Gupta’s discovery of supercapacitor technology has promised a significant leap for electric vehicles. With the potential to charge EVs faster than smartphones, this breakthrough could solve the major issues related to charging time and infrastructure.
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NSE Indices launches India's first electric vehicle index
Auto | May 30, 2024, 07:48 PM ISTNifty EV and New Age Automotive Index by NSE Indices represents a significant advancement in tracking and promoting the EV ecosystem in India. It offers a valuable tool for investors and asset managers, aligning with the broader goals of fostering innovation and investment in the automotive sector.
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BluSmart Charge app launched to cater EV customer's need: How does it work?
Technology | May 27, 2024, 02:20 PM ISTBluSmart has launched a new app called 'BluSmart Charge' on Google Play Store and Apple App Store to cater to diverse EV customer needs.