India’s 2, 3Ws fleet transition to electric calls for $285 bn financing: Report

Achieving 100 percent electrification of India’s two- and three-wheeler stock requires a capital allocation of approximately $285 billion, said the World Economic Forum (WEF) in a recently released white paper. This WEF’s white paper, published in collaboration with NITI Aayog said cumulative sales of electric vehicles have reached one million units. However, this is still… Continue reading India’s 2, 3Ws fleet transition to electric calls for $285 bn financing: Report

India’s 2, 3Ws fleet transition to electric calls for $285 bn financing: Report

Achieving 100 percent electrification of India’s two- and three-wheeler stock requires a capital allocation of approximately $285 billion, said the World Economic Forum (WEF) in a recently released white paper. This WEF’s white paper, published in collaboration with NITI Aayog said cumulative sales of electric vehicles have reached one million units. However, this is still… Continue reading India’s 2, 3Ws fleet transition to electric calls for $285 bn financing: Report

Mercedes-Benz GLB, EQB twins launched in India

Mercedes-Benz has launched the GLB SUV and its electric sibling the EQB in India. With prices starting from Rs 63.8 lakh and going up to Rs 69.8 lakh, ex-showroom, the GLB will be the second, and most-affordable 7-seater from the German luxury carmaker. The GLB gets options of a petrol as well as a diesel engine.… Continue reading Mercedes-Benz GLB, EQB twins launched in India

Stellantis and Qinomic to develop e-drivetrain retrofit solution for ICE LCVs

Stellantis and Qinomic, a high-tech company specialised in innovative and sustainable solutions for mobility, are partnering to create a proof of concept to convert internal combustion engine light commercial vehicles to electric drivetrain, while ensuring OEM quality and specifications, such as safety, durability, and type approval, are maintained. “I am delighted that Stellantis is working… Continue reading Stellantis and Qinomic to develop e-drivetrain retrofit solution for ICE LCVs

Stellantis and Qinomic to develop e-drivetrain retrofit solution for ICE LCVs

Stellantis and Qinomic, a high-tech company specialised in innovative and sustainable solutions for mobility, are partnering to create a proof of concept to convert internal combustion engine light commercial vehicles to electric drivetrain, while ensuring OEM quality and specifications, such as safety, durability, and type approval, are maintained. “I am delighted that Stellantis is working… Continue reading Stellantis and Qinomic to develop e-drivetrain retrofit solution for ICE LCVs

BorgWarner acquires Drivetek, strengthens power electronics business

BorgWarner has announced that it has acquired Drivetek AG, which caters to customers in the automotive and transportation industry as well as in the aviation, industrial and energy sectors. Headquartered in Switzerland, Drivetek offers engineering and product development services for inverters, electric drive solutions, and power electronics as well as a line of products that include… Continue reading BorgWarner acquires Drivetek, strengthens power electronics business

Amara Raja to invest Rs 9,500 crore in lithium-ion battery gigafactory in Telangana

Amara Raja to invest Rs 9,500 crore in lithium-ion battery gigafactory in Telangana Amara Raja Batteries, one of India’s leading industrial and automotive battery companies, today signed a memorandum of understanding (MoU) with the government of Telangana to set up state-of-the-art research and manufacturing facilities for lithium-ion battery making in Mahbubnagar district, Telangana. Over the… Continue reading Amara Raja to invest Rs 9,500 crore in lithium-ion battery gigafactory in Telangana

Amara Raja to invest Rs 9,500 crore in lithium-ion battery gigafactory in Telangana

Amara Raja to invest Rs 9,500 crore in lithium-ion battery gigafactory in Telangana Amara Raja Batteries, one of India’s leading industrial and automotive battery companies, today signed a memorandum of understanding (MoU) with the government of Telangana to set up state-of-the-art research and manufacturing facilities for lithium-ion battery making in Mahbubnagar district, Telangana. Over the… Continue reading Amara Raja to invest Rs 9,500 crore in lithium-ion battery gigafactory in Telangana

Autocar Professional EV Forum | Day 2 | Developing the Indian EV ecosystem

The EV Forum brought together industry experts from the Indian passenger vehicle segment to talk about ‘Developing the Indian EV ecosystem’ which was the theme for the second day of this two-day virtual conference. Panel Discussion: R Velusamy, SVP & Head, Automotive Product Development, Mahindra & Mahindra; Vivek Vikram Singh, MD & Group CEO, Sona… Continue reading Autocar Professional EV Forum | Day 2 | Developing the Indian EV ecosystem

Autocar Professional EV Forum | Day 2 | Developing the Indian EV ecosystem

The EV Forum brought together industry experts from the Indian passenger vehicle segment to talk about ‘Developing the Indian EV ecosystem’ which was the theme for the second day of this two-day virtual conference. Panel Discussion: R Velusamy, SVP & Head, Automotive Product Development, Mahindra & Mahindra; Vivek Vikram Singh, MD & Group CEO, Sona… Continue reading Autocar Professional EV Forum | Day 2 | Developing the Indian EV ecosystem