The journey of shifting to electric mobility is not going to be easy for automakers as it is tough to generate profitable margins and get scale in the electric vehicles (EVs) segment, says a research report by Bernstein.
New Delhi [India], August 12: In the bustling city of Chennai, a visionary entrepreneur, Sharanraj, has embarked on an ambitious journey to revolutionize the energy storage and electric vehicle (EV) industry. His venture, Li Energy, stands at the forefront of innovation with a robust core
New Delhi [India], August 1: OLA Electric is a leading name in the electric vehicle (EV) market. With its upcoming Initial Public Offering (IPO), the company plans to expand its operations, enhance its product offerings, and strengthen its position in the competitive EV industry. This articl
India needs to increase its annual addition of EV-ready workers from 15,000 to 30,000 to achieve full localization of EV components by 2030, as per the study by the Society of Indian Automobile Manufacturers.
The third leg of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme is in the final stage, said Union Minister HD Kumaraswamy, however noting that it won't be part of the upcoming union Budget scheduled to be tabled on July 23.
As Finance Minister Nirmala Sitharaman gears up for the Union Budget 2024-25, the Electric Vehicles sector (EVs) looks optimistic about announcements for the growth of the industry.
Mumbai (Maharashtra) [India], July 11: Tunwal E-Motors Limited, aprominence player in the electric vehicle (EV) manufacturing sector, has announced its plan to go public with an Initial Public Offering (IPO) on July 15, 2024. The company aims to raise Rs 115.64 crores with this IPO, and shar
Chennai (Tamil Nadu) [India], May 6: Electric 2-wheeler adoption in India peaked at 5.5% in FY2023-24 despite multiple new models being launched in the last few years by several OEMs and startups. The adoption rate has hit a threshold notwithstanding a strong push by the EV industry inclu
In a significant development for India's electric vehicle (EV) industry, EV maker Tesla has lately intensified its efforts to bolster its presence in the Indian market and is actively scouting for a suitable location to set up a state-of-the-art manufacturing plant.
New Delhi [India], February 1: Attron Automotive, a dynamic startup poised to revolutionize the electric vehicle (EV) industry, today announced the launch of its cutting-edge electric motors and controllers at the Bharat Mobility Expo 2024. The unveiling was done by Shri Arvind Kumar, Direct
New Delhi [India], January 31: Sampoorna EV, one of the emerging players in the electric vehicle sector, has transitioned to a fully bootstrapped company following the return of its investment to Dr. Piyush Dwivedi, Promoter and Chairman of NexGen Energia Limited. The move, effective from 28