Day two of Autocar Professional’s EV Forum opened on a new chargre. Delivering the keynote address was none other than Dr Andy Palmer, who is often referred to as the ‘grandfather of electric vehicles’, given that he played a central role in developing what is believed to be the first ‘proper’ EV – the Nissan… Continue reading Dr Andy Palmer: ‘EVs not the sole option for a net zero future.’
Author: Autocar_Professional India Online News
Dr Andy Palmer: ‘The EV revolution is already underway.’
Day two of Autocar Professional’s EV Forum opened on a new chargre. Delivering the keynote address was none other than Dr Andy Palmer, who is often referred to as the ‘grandfather of electric vehicles’, given that he played a central role in developing what is believed to be the first ‘proper’ EV – the Nissan… Continue reading Dr Andy Palmer: ‘The EV revolution is already underway.’
Amitabh Kant: ‘Financial viability of EVs has made them more accessible to the masses.’
Making the government’s focus clear in terms of its transition to the next phase of mobility for India, NITI Aayog CEO Amitabh Kant delivered an all-encompassing keynote address at Autocar Professional’s EV Forum which kicked off on September 22. He said, “(India) should target for 100 percent electrification of new two- and three-wheelers sales in… Continue reading Amitabh Kant: ‘Financial viability of EVs has made them more accessible to the masses.’
Omega Seiki Mobility showcases electric SCV M1KA with 250km range
Omega Seiki Mobility (OSM), part of the Anglian Omega Group has unveiled its first electric Small Commercial Vehicle (SCV) christened ‘M1KA’. On September 3, Autocar Professional had broken the news on the company’s plans to launch an e-SCV with 250km range. The company says it will start accepting bookings of the vehicle from Quarter 4… Continue reading Omega Seiki Mobility showcases electric SCV M1KA with 250km range
Mahindra Finance targets millennials, corporates with new Quiklyz leasing, subscription business
Quiklyz vehicle leasing and subscription business model calls for a monthly fee to access passenger vehicles of choice across brands, at a lower price point versus regular car ownership. Mahindra & Mahindra Financial Services Limited (MMFSL/Mahindra Finance), part of the Mahindra Group, has entered the leasing and subscription business. The new vertical would operate under… Continue reading Mahindra Finance targets millennials, corporates with new Quiklyz leasing, subscription business
Kotak Group strengthens vehicle loan biz, acquires VW Finance’s loan portfolio in India
In what indicates changing market dynamics in India, Kotak Mahindra Group has acquired the vehicle financing loan portfolio of Volkswagen Finance Pvt Ltd (VWFPL), the Indian captive financing arm of the Volkswagen Group. While Kotak Mahindra Prime (Kotak Prime) will acquire the passenger cars and two-wheelers portfolio, Kotak Mahindra Bank Ltd (KMBL) will acquire the… Continue reading Kotak Group strengthens vehicle loan biz, acquires VW Finance’s loan portfolio in India
Citroen C3 unveiled, to be introduced in India in 2022
French carmaker, Citroen, has unveiled its latest offering for India and emerging markets, the Citroen C3. A mass-market, sub-four-metre hatchback with crossover styling, it is built on Citroen’s common modular platform CMP. The Citroen C3 will be introduced in the country in the first half of next year and be locally produced at the company’s plant… Continue reading Citroen C3 unveiled, to be introduced in India in 2022
TVS acquires Swiss e-bike maker EGO Movement
L-R: Sir Ralf Speth, Sudarshan Venu, Daniel Meyer and Ms. Marie TVS Motor Co has acquired a majority stake in European e-bike brand, EGO Movement, thereby marking its foray into the personal e-mobility business. The all-cash deal was conducted through its Singapore Subsidiary TVS Motor (Singapore) and is in line with TVS’ strategy to expand… Continue reading TVS acquires Swiss e-bike maker EGO Movement
Ford fallout: new buyers queue up for discounted models, others feel let down
The bad news is that Ford will stop producing cars in India. The good news is that this has galvanised new customers into queuing up at its dealerships. In Chennai, which is home to Ford’s factory, dealers have been seeing a surge in footfalls over the last few days — more precisely, since the time… Continue reading Ford fallout: new buyers queue up for discounted models, others feel let down
Hyundai, Kia to develop solar energy storage system using recycled EV batteries
OCI Solar Power, one of the largest utility-scale solar energy developers in Texas, CPS Energy, USA’s largest municipally-owned, fully-integrated electric and natural gas utility, and the Hyundai Motor Group, which includes Hyundai and Kia, have signed an MoU to test recycled electric vehicle (EV) batteries for solar energy storage. By September 2022, the parties plan… Continue reading Hyundai, Kia to develop solar energy storage system using recycled EV batteries