Convergence Energy Services (CESL), the wholly-owned subsidiary of Energy Efficiency Services (EESL) has signed a Memorandum of Understanding (MoU) with Three Wheels United (TWU), a global fintech company that specialises in EV financing, to procure 70,000 electric three-wheelers to be deployed in multiple phases across India. The deployment will take place over five years. The initial… Continue reading CESL signs MoU with fintech company for electric three-wheelers
Author: Autocar_Professional India Online News
Hyderabad-based firm enters India EV market with three scooters
Ellysium Automotives, the automotive arm of the United Arab Emirates-based company META4 Group, has entered the electric two-wheeler industry in India. The company has introduced the new brand called EVeium, under which it has launched the three e-scooters – the Cosmo, Comet and Czar – at prices starting from Rs 144,000 through to Rs 216,000.… Continue reading Hyderabad-based firm enters India EV market with three scooters
Lubrication-free polymer bearings promise plenty
igus, a motion plastic solution provider can offer solutions to heavy-duty applications without need of greasing with their new range of maintenance-free, lubrication-free, tribo-polymer plain bearings. These bearings offer a high wear resistance at high loads. Harsh environments pose very challenging technical requirements for plain bearings used in heavy-duty applications like construction machines, agricultural equipment,… Continue reading Lubrication-free polymer bearings promise plenty
Suzuki, Daihatsu, Toyota, CJPT to make affordable mini-commercial EVs
Suzuki Motor Corporation, Daihatsu Motor Co, Toyota Motor Corporation, and Commercial Japan Partnership Technologies Corporation (CJPT) are to work towards the market introduction of mini-commercial van electric vehicles (BEVs) in FY2023 to achieve carbon neutrality. Mini-commercial vehicles cover areas accessible only to them because of their small size and are important in supporting last-mile logistics.… Continue reading Suzuki, Daihatsu, Toyota, CJPT to make affordable mini-commercial EVs
Lucas TVS gears up for EVs
The company’s giga factory is expected to begin production by late 2023. Tier-I supplier of automotive and electric components, Lucas TVS has started its series production of hub motors and controllers at their Puducherry plant. Production at the facility was to commence by early 2022 but got delayed mainly due to Covid and related issues… Continue reading Lucas TVS gears up for EVs
Vedanta bullish on growing use of aluminium at India Auto Inc
Vedanta Aluminium has one of the largest portfolios of aluminium products for the automotive industry. Vedanta Aluminium, India’s largest producer of aluminium, recently made a case for ‘green’ aluminium at the recently held national webinar by Automotive Component Manufacturers Association (ACMA) of India. ACMA’s event, themed on ‘Lightweighting with Aluminium and Sustainability’ witnessed participation of top… Continue reading Vedanta bullish on growing use of aluminium at India Auto Inc
Hindalco, Phinergy and IOP join forces to make aluminium-air batteries for EVs and energy storage
Hindalco Industries, Aditya Birla Group’s metals flagship, has signed an MoU with Phinergy, the leading Israel-based pioneer in metal-air battery technology, and IOC Phinergy (IOP), a joint venture between Phinergy and India’s leading energy PSU Indian Oil Corporation. As per the MOU, Phinergy and IOP will partner exclusively with Hindalco in India, on R&D and… Continue reading Hindalco, Phinergy and IOP join forces to make aluminium-air batteries for EVs and energy storage
Amara Raja charged up for the future
Amara Raja Batteries has taken the next step in their business model by concentrating equally in both lead acid batteries and newer mobility needs (lithium-ion). The company, which in 2021 announced strategic plans, said that they will expand their growth model in lead acid batteries and also establish a new energy SBU encompassing lithium cell… Continue reading Amara Raja charged up for the future
India’s scooter market bounces back after four years with strong Q1 FY2023 numbers
With wholesale numbers for India Auto Inc across segments – passenger vehicles, two- and three-wheelers and commercial vehicles – returning strong year-on-year growth in the first three months of FY2023, the mood in the industry is cautiously optimistic. Admittedly, the Q1 numbers are on a low year-ago total but the fact of the matter is… Continue reading India’s scooter market bounces back after four years with strong Q1 FY2023 numbers
Continental signs MoU with IIT-Palakkad
Continental’s Technical Center India (TCI) and Indian Institute of Technology (IIT) Palakkad have signed a Memorandum of Understanding for a three-year joint research programme. By collaborating on autonomous driving technologies, connected mobility, and advanced safety solutions, Continental and IIT-Palakkad can utilise the technical expertise of Continental and the academic expertise of IIT-Palakkad. To benefit IIT-Palakkad… Continue reading Continental signs MoU with IIT-Palakkad