Lithium-Ion Battery Maker ATL Plans To Invest Rs 7,000 Crore In India; Buys 180 Acres Of Land In Haryana
In a positive development, Japanese multinational electronic company TDK Corporation owned Amperex Technology Limited (ATL) which manufactures rechargeable lithium-ion polymer (LIP) batteries has acquired 180 acres of industrial land in Haryana, reports Economic Times. ATL’s purchase of 180 acres of…
Mahindra Seeks Investors For Electric Vehicle Business
Indian automaker Mahindra & Mahindra is looking for investment partners for its domestic electric vehicles business and is finalising investment plans for its Automobili Pininfarina unit, the group’s managing director said. The automaker wants to be a key player in…
Chinese Car Maker Faces Hurdle In A Bid For Govt EV Tender
Energy Efficiency Services (EESL), the government’s electric vehicles procurement arm, has said that MG Motor, a subsidiary of China’s Shanghai Automotive (SAIC), will stand disqualified for their upcoming e-vehicles tender in the absence of an official clearance by a panel…
Yamaha Gives An Insight Into Its Electric Motor For Motorcycles
While electric mobility in cars have been taking huge strides, the pace is almost as quick in the two-wheeler space and Yamaha, it would seem, is determined not to be left far behind. Yamaha’s electric motorcycle division recently gave an…
Ampere Vehicles Partners With OTO Capital To Offer Leasing Plans For Electric Scooters
Ampere Vehicles, a subsidiary of Greaves Cotton has partnered with OTO Capital to offer leasing plans for its electric scooters. The leasing option is available from this month and is available only in Bengaluru for now. The leasing service will…
India Eyes FTAs With Latin America To Support Domestic EV Plan
India proposes a major shift in its foreign trade policy, that will explore free trade agreements (FTAs) only with countries that can support its ‘Aatmanirbhar Bharat’ mission and provide it necessary raw materials, critical components and equipment required to support…
Hero Electric Partners Autovert Technologies To Introduce Subscription-Based Financing Plans
Hero Electric, a leading two- and three-wheeler electric vehicle maker has partnered Bangalore-based fintech start-up Autovert Technologies for seamless alternative ownership models for Hero Electric’s new customers. Under this partnership, Autovert will allow Hero Electric customers to avail for subscription-based…
New Factory In Rajasthan, Electric Cruise Scooter On Track: Okinawa
COVID-19 notwithstanding, Gurugram-based electric two-wheeler maker Okinawa Autotech will go ahead with its plan to start a factory and launch new models later this year. Work on commercially launching an electric cruiser scooter is on schedule and going ahead as…
Zoomcar Partners With ETO Motors Shared EV Platform To Boost Electric Mobility
Zoomcar, a subscription-based car rental provider, has announced signing an agreement with Hyderabad-based ETO Motors, an electric mobility solutions & services company, to provide platform services for ETO’s electric, shared 3-wheeler business. Under the agreement, Zoomcar will provide ETO Motors…
EESL To Install Around 10 Electric Vehicle Charging Plaza In India By FY2021
Despite the Covid-19 pandemic, power PSUs’ joint venture EESL plans to install around 10 electric vehicle (EV) charging plazas in the country during the 2020-21 fiscal. The company, which has already set up such a facility in Central Delhi, will…
