Korean EV Maker Edison To Invest Up To Rs 5,000 Cr In UP, Create 5,000 Jobs
South Korean electric vehicle maker Edition Motors today evinced interest in investing almost Rs 5,000 crore to set up its production facility in Uttar Pradesh. The company has proposed to invest Rs 500-700 crore in the first phase, Rs 1,000-1,500…
Okaya Power Group collaborates With Prakriti E-Mobility For EV charging Stations
Okaya, a flagship company of Okaya Power Group, has announced a strategic partnership with Prakriti E-Mobility, India’s largest fleet operators of electric 4W vehicles with aim to provide well-laid out electrical vehicle charging stations for their fleet operations. Okaya EV…
Assam Tender To Procure 50 Electric Buses
The Assam State Transport Corporation (ASTC) issued a request for proposal to supply 50 electric buses in the state. Interested bidders are expected to make an earnest money deposit (EMD) of ₹10 million (~$133,827). The last date for the submission…
EVage 1st Startup In India To Manufacture ‘Exoskeleton Structures’ For EV Echoes PM Modi’s ‘Make In India Make For World’ Vision
In line with Prime Minister Narendra Modi’s vision Atma Nirbhar Bharat, mobility tech start up firm EVage introduces India’s first home-built ‘Exoskeleton Structure’ that will provide a common platform for launch of SUVs, Vans, Delivery Vehicles and Trucks. The disruptive…
Indian Passenger Vehicle Market Outlook 2020
Domestic sales in the Indian Passenger Vehicle (PV) market declined by 9.1% to reach 3 million units in FY 2020. The study estimates the market size of the Indian PV market, as well as segment forecasts up to 2024, with…
India Allows Sale Of Electric Vehicles Without Batteries
The Ministry of Road Transport and Highway (MORTH) announced that all the states and union territories (UTs) have now been allowed the registration and sale of electric vehicles (EVs) without pre-fitted batteries. The move is likely to provide the necessary…
Detel, An Indian Tech Start-up Launches ‘World’s Most Economical’ e-two-Wheeler
The electric mobility space around the world is picking up pace at break-neck speeds and with more and more people adopting the new technology, costs are also steadily climbing down. With this in view, Detel – a start-up which has…
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…
