electric vehicles

Growth Strategies

Understanding Customer Needs Key To Sustainable Business: EV Experts

MediaTek and JioThings have jointly launched an indigenously made Internet of Things (IoT) platform for the electric two-wheeler market.

News and Trends

Pushing for India's Electric Dream

Kinetic Green boasts of being the first company to develop ARAI approved electric three-wheelers and the first to offer Lithium-ion battery technology in their electric three-wheelers in India

Business News

Tesla Now Has Nearly 800 New Jobs Open — Up From Only 3 Roles in May

The job openings could indicate where Elon Musk wants to steer Tesla next.

Growth Strategies

High Copper Prices To Pose Challenges For EV Players

The rise in the red metal price will force manufacturers either to absorb the costs, reduce profit margins or increase vehicle prices.

News and Trends

Mercedes-Benz Mulls Assembling More EVs in India

Since October 2022, Mercedes-Benz India has been assembling the EQS at the Chakan plant. This is the only model currently being assembled locally out of the four EV models sold in India—SUVs EQA, EQB, and EQE, and the EQS sedan.

News and Trends

EV Companies Should Invest Into Supply Chain: Bhavish Aggarwal

His comments came after Zerodha co-founder Nikhil Kamath took a light-hearted dig at Ather Energy's marketing strategy. Kamath appreciated Ather products for their quality but called out their inefficient marketing strategy.

News and Trends

SIAM Seeks SOPs For EVs, Additional Incentives For Vehicle Scrapping

The Faster Adoption and Manufacturing of Electric Vehicles scheme, if unveiled, is expected to offer financial incentives to electric two-wheelers and three-wheelers as well as government-owned buses.

News and Trends

Indian Companies Leading the Charge in Electric Vehicles

These pioneers are not just aiming to capture a market share; they're striving to redefine the future of mobility in the world's second-most populous country.

Growth Strategies

EV Industry Lauds UP Govt's Decision On Strong hybrid Vehicles

This comes after the Uttar Pradesh government had announced a three-year exemption from tax and registration fees for the purchase of EVs which will be valid for five years for EVs manufactured within the state, last year.

News and Trends

Sterling Tools' Records 90% Growth In EV Business

In FY24, Sterling Tools reported INR 600 crore plus revenue in fastener business and INR 325 crore in the company's electric vehicle control units

News and Trends

OLA Surging Ahead Pre-IPO: Nuvama Report

OLA Electric is the new addition to the list of new IPOs from India and more recently, the Securities and Exchange Board of India (SEBI) gave its nod for the EV maker to go public.

Growth Strategies

Lifetime Tax On High-End Cars And Jeeps Will Raise Overall Price Of EVs: Report

South India leads the sales with close to half of the sales in the country at 45 per cent as this region predominantly has the presence of OEMs and component suppliers these manufacturing hubs act as a central force for the growth of EV sales.

Growth Strategies

VCs Capitalize on Booming EV Component Market Amid Global Sales Surge

According to the IEA, global electric car sales reached almost 14 million, which represented a 35 per cent increase from 2022. This growth meant that the global electric fleet rose to 40 million in 2023.

News and Trends

Mid-Sized Cities To Be Big Demand Centre For Electric Vehicles: Report

The states covered under the report include Delhi, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu and Uttar Pradesh.

Growth Strategies

Retrofitted Buses Are 32.1% More Cost-Effective Than A New EV Bus: Report

A 9-metre retrofitted bus costs INR 19 per km, a 12-metre retrofitted bus with two batteries costs nearly INR 22 per km and a 12-metre retrofitted bus with three batteries costs marginally more than INR 23 per km.