In an effort to be future-ready, smart electric scooter manufacturer Ather Energy is expanding capacity three-fold to 400,000 units. Chief Business Officer Ravneet Phokela tells Mayank Dhingra that the EV industry’s fundamentals are strong and consumer acceptance is getting stronger. Ather Energy has recently announced capacity expansion at the Hosur plant. Is market demand genuine… Continue reading Ather Energy’s Ravneet Phokela: ‘The EV market will bounce back even if subsidies are reduced’
Author: Autocar_Professional India Online News
SS Kim: ‘Hyundai will aim for India becoming a hub for EV components’
SS Kim, Managing Director of Hyundai Motor India, tells Murali Gopalan in this email interview that suppliers will be nurtured to supply electric vehicle parts to global operations. Hydrogen could also become an important option going forward. How is Hyundai planning to get the Chennai plant ready for the electric transformation?Over the last two-and-a-half decades, Hyundai… Continue reading SS Kim: ‘Hyundai will aim for India becoming a hub for EV components’
Hyundai Motor India’s Tarun Garg: ‘Affordability will be the trigger for shifting to EVs’
Hyundai Motor India recently announced a six-pack EV strategy and Rs 4,000 crore investment in dedicated EV and ICE-derived platforms. Tarun Garg, Director for Sales, Service and Marketing, speaks to Hormazd Sorabjee on the carmaker’s EV roadmap and localisation plans. Do you think Hyundai is a bit of a late starter in EVs? You have… Continue reading Hyundai Motor India’s Tarun Garg: ‘Affordability will be the trigger for shifting to EVs’
TVS firing on all cylinders, set to cross 3 million 2W sales in CY2021
Between Jan-Nov 2021, the Jupiter (481,391), Apache (325,648) and NTorq 125 (243,585) have sold over a million units – 1,050,624 – and 53% of TVS’ India sales. Star City the export star (230,310). TVS Motor Co has put its shoulder to the wheel of progress this year, both on two and three wheels. Be it… Continue reading TVS firing on all cylinders, set to cross 3 million 2W sales in CY2021
ZF becomes majority stakeholder in Indian JV with Rane Group
The Rane ZF Trichy plant. The JV is now renamed ZF Rane Automotive India. Global technology company ZF has increased its equity shares to become the majority shareholder with 51 percent in the Rane TRW Steering Systems joint venture from the Rane Group. Till date, both partners held equal shares in the company, which employs… Continue reading ZF becomes majority stakeholder in Indian JV with Rane Group
Magenta, Central Railways set up EV charging points at three key Mumbai locations
Mumbai-headquartered EV charging company Magenta in collaboration with Central Railways has inaugurated a public EV charging station along the Parel Railway Station. The charging station was inaugurated by Subhash Desai, Minister of Industry and Mining, Maharashtra government. Over the next two weeks, Magenta will also set up EV charging stations along the Dadar and Byculla railway… Continue reading Magenta, Central Railways set up EV charging points at three key Mumbai locations
Magenta, Central Railways set-up public EV charging point along Parel, Dadar and Byculla railway stations
Mumbai-headquartered EV charging company Magenta in collaboration with Central Railways has inaugurated public EV charging station along the Parel Railway Station. The charging station was inaugurated by Subhash Desai, Minister of Industry and Mining, Maharashtra government. Over the next two weeks, Magenta shall also set up the EV charging station along the Dadar and Byculla railway… Continue reading Magenta, Central Railways set-up public EV charging point along Parel, Dadar and Byculla railway stations
Bajaj Auto’s Rs 300 crore EV unit to come up in Pune, product rollout by June 2022
Five months after it announced a new subsidiary for electric and hybrid vehicles in the two-, three- and light four-wheeler categories, Bajaj Auto has announced an investment of Rs 300 crore and commenced work at a brand-new manufacturing faciiity at Akurdi, near Pune, for manufacturing EVs. The site is the location of the original and… Continue reading Bajaj Auto’s Rs 300 crore EV unit to come up in Pune, product rollout by June 2022
Dalmia Cement inducts e-trucks in its fleet for goods transportation
Dalmia Cement (Bharat) (DCBL), a leading Indian cement major and a subsidiary of Dalmia Bharat, as part of its efforts to reduce its carbon footprint has inducted electric trucks in its fleet. The company says the move will accelerate its sustainability goal of lowering carbon emissions as well as optimise its overall logistics cost. With the introduction of the… Continue reading Dalmia Cement inducts e-trucks in its fleet for goods transportation
Amara Raja eyes European EV market, to invest in battery maker InoBat
Automotive battery company Amara Raja Batteries has announced plans to invest in InoBat Auto, a European technology developer and manufacturer of premium innovative batteries for E-mobility. The initial investment will give Amara Raja a key foothold in the thriving European EV ecosystem, where multiple battery gigafactories are being set up to support the region’s determined… Continue reading Amara Raja eyes European EV market, to invest in battery maker InoBat