Input cost push to dampen EV demand; CNG, LPG-fuelled vehicle sales to grow: Report

The switchover to EV in the car segment will continue to be hampered by relatively much higher car prices (as against comparable prices of EV and ICE vehicles in the two-wheeler segment), as well as the lack of charging infrastructure which is yet to be ramped up on a pan-India basis. New Delhi: Electric vehicle… Continue reading Input cost push to dampen EV demand; CNG, LPG-fuelled vehicle sales to grow: Report

Inflation: Things might get "better" towards Sept-end, says SBI Chairman

Dinesh Khara (File Photo) Bengaluru: State Bank of India’s (SBI) Chairman Dinesh Khara on Tuesday said that things might get “better” on the inflation front towards the end of September. He said the supply side constraints getting addressed and crude oil prices trending low will help ease the situation. “Inflation…the recent numbers which came out… Continue reading Inflation: Things might get "better" towards Sept-end, says SBI Chairman

Steelbird and Hella target India’s two-wheeler horns and spark plugs market

L-R: Pankaj Kapur, Managing Director, Steelbird; Rama Shankar Pandey, Managing Director, Hella India Lighting and Manav Kapur, Executive Director, Steelbird. German brand Hella and India’s Steelbird have joined forces to introduce a new range of automotive horns and spark plugs in the two-wheeler Indian market. The two companies aim to complement each other’s strengths in… Continue reading Steelbird and Hella target India’s two-wheeler horns and spark plugs market

Eurocell in final stages of discussions to build first European Gigafactory in the Netherlands

Image for representational purpose only. Eurocell, the Anglo-Korean next-generation battery company, has confirmed that it is in advanced discussions to build its first European Gigafactory in the Netherlands, supplying battery cells to the energy storage and e-mobility ecosystem across the continent. Eurocell intends to construct its new Gigafactory in two phases reaching full capacity as… Continue reading Eurocell in final stages of discussions to build first European Gigafactory in the Netherlands

New test rig for EV driveline components developed by GKN

UK-based GKN Automotive, a manufacturer of drive systems, has created a ‘real-time’ test rig for electric vehicles. The rig, installed at GKN Automotive’s Offenbach facility, can handle the extreme dynamics and higher torque of electrified powertrains, which make conventional load test rigs unsuitable for driveline parts of the latest generation, such as side shafts. The… Continue reading New test rig for EV driveline components developed by GKN

BYD India opens its first electric car dealership in Ernakulam

BYD India, a subsidiary of the world’s leading new energy vehicle manufacturer BYD, today inaugurated its first dealership showroom of passenger vehicles at Ernakulam in Kerala. The dealership will be managed by EVM Southcoast in Kochi. The showroom was inaugurated by Sabu Johny, Managing Director of EVM Group in the presence of senior officials of… Continue reading BYD India opens its first electric car dealership in Ernakulam

Bus operators seek easy financing as demand rebounds

Private bus operators are beginning to feel relieved as business is picking up as the Covid situation has improved considerably. However, all hasn’t been smooth sailing especially for most of the operators who took loans from banks and financial institutions. Many operators experienced financial crisis due to business coming to a grinding halt during the government… Continue reading Bus operators seek easy financing as demand rebounds

Mercedes-Benz R&D India incubates end-to-end EV charging aggregator

Mercedes-Benz Research & Development India (MBRDI) has announced Evnnovator, a start-up that aims to transform the EV industry by providing a comprehensive EV charging experience to the end-users. Evnnovator aims to make EV charging simple and convenient, allowing for the widespread adoption of sustainable e-mobility. Built by an ex-MBRDI employee, Evnnovator offers all three options… Continue reading Mercedes-Benz R&D India incubates end-to-end EV charging aggregator