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The Future Is Electric- Business News

The Future Is Electric The pandemic has not impacted the electric vehicle story adversely. In fact, it may have accelerated the shift The pandemic may have come as a rude shock for doubting Thomases who believed that the future of mobility is something else. While sale of conventional passenger vehicles and two-wheelers in the country declined over 9 per cent and 13 per cent, respectively, in FY21, electric two- and four-wheelers bucked the trend and posted impressive growth. Sales of electric...
Tamil Nadu Saurabh Agarwal Jeetender Sharma Nagesh Basavanahalli Pawan Munjal Saurav Kumar

Hero Motocorp to develop EVs, set up battery swapping stations with Taiwan's Gogoro

Hero Motocorp to develop EVs, set up battery swapping stations with Taiwans Gogoro This is the first direct foray of Hero MotoCorp in the nascent but fast moving two-wheeler EV space. It has also invested in EV start-up Ather where it is the largest shareholder with a 35 per cent stake Sumant Banerji | April 21, 2021 | Updated 19:42 IST Indias largest two-wheeler maker Hero MotoCorp has tied up with Taiwanese electric two-wheeler maker Gogoro to accelerate the shift to sustainable electric mob...
Horace Luke Pawan Munjal Tech Centre Mission To Centre Of Innovation Gogoro Inc

Honda, KTM, Piaggio and Yamaha to form consortium for swappable batteries

Honda, KTM, Piaggio and Yamaha to form consortium for swappable batteries by Mayank Dhingra 01 Mar 2021 With the growing environmental concerns around the world fast pushing the need to switch to electric mobility, automakers are seen coming together to collaborate and accelerate this transition. In the latest development, leading global two-wheeler manufacturers including Japan’s Honda Motor Corpo...
France General Noriake Abe Honda Motor Company Indian Oil Japan Honda Motor Corporation Yamaha Motor Company

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This Made in India EV battery maker recorded Rs 50 Cr turnover in 1 year

This Made in India EV battery maker recorded Rs 50 Cr turnover in 1 year Delhi-based iPower Battery’s energy solutions are popular among EV startups such as Okinawa, Crayon Motors, EbikeGo, Mobycy, Tunwal, Deltic etc as they are swappable, modular, and come with advanced tracking, geo-fencing, remote monitoring, etc. 0 claps When Elon Musk’s Teslaentered India and set up a subsidiary in January 2021, it was like a stamp of approval for the nation’s burgeoning electric vehicle (EV) indust...
Chavi Aggarwal Vikas Aggarwal Aatmanirbhar Bharat Society Of Indian Automobile Manufacturers Tata Motors Ather Energy

Tesla marks India entry with new office in Bengaluru, names three directors

US-based electric vehicle maker Tesla has registered with the Registrar of Companies in India as Tesla India Motors and Energy Private Ltd. It incorporated itself in Bengaluru on January 8 with an authorised capital of Rs 15 lakh and a paid-up capital of Rs 1 lakh. “Tesla setting up its office in the state is a welcome step. “We will cooperate with it and give it all the facilities to function smoothly,” said Karnataka Industries Minister Jagadish Shettar. No location has yet ...
Vaibhav Taneja Gaurav Gupta Nitin Gadkari Elon Musk Venkatrangam Sreeram David Jon Feinstein

Tesla sets up India subsidiary in Bengaluru, R&D unit, says Karnataka CM

Synopsis ET was the first to report on September 21 Tesla’s move to choose Bengaluru after it entered into talks with the Karnataka govt for its R&D unit. Tesla opens unit in Bengaluru, names 3 directors ahead of launch Tesla, the worlds most valued carmaker has incorporated a fully owned subsidiary ahead as a first step to set up an R&D unit and a manufacturing plant for its electric vehicles in the country Tesla’s global senior director David Jon Feinstein, chief accounting officer Vaibha...
Andhra Pradesh Tamil Nadu Vaibhav Taneja Gaurav Gupta Nitin Gadkari Elon Musk

Karnataka tries to plug back into its EV mission

Karnataka tries to plug back into its EV mission An electric vehicle charging sign at a charging station at the Asda supermarket in Skelton, Redcar and Cleveland, U.K, on Monday, Dec. 14, 2020. U.K. Prime Minister Boris Johnson banned sales of new internal combustion engine automobiles from 2030. Photographer: Ian Forsyth/Bloomberg (Bloomberg) Ola was in talks with Karnataka as well but Tamil Nadu, people aware of the developments said, had offered a better deal The Karnataka government on Mon...
New York United States United Kingdom New Delhi Tamil Nadu Andrew Yang

Sun Mobility to create 100 EV battery Swap Points in B'lore

Sun Mobility, a provider of electric mobility solutions and services, has announced that it plans to create 100 battery swapping stations for electric vehicles, called Swap Points, in Bengaluru by the end of 2021. These Swap Points will support all forms of shared mobility including 2-wheelers, 3-wheelers, and last-mile delivery trucks. The Government of Karnataka has a goal of providing one charging station in a 3 km radius grid in Bengaluru, according to its EV Policy released in 2017. Sun Mo...
Tamil Nadu Sun Mobility Swap Points Piaggio Apee City தமிழ் நாடு சூரியன் இயக்கம்

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