India is developing standards for swappable electric bus batteries to ensure interoperability and ease of battery change, addressing range anxiety. The focus is on creating common swapping stations for all e-buses to improve efficiency and reduce infrastructure needs.
Tesla India: On the one hand, this looks like business as usual. Officials have made a habit of using the supposed potential of the domestic market as an inducement for foreign investors. The stick of high tariffs together with the carrot of possible consumer demand growth should be enough to lure in people like Musk, they think. That said, there’s a deeper story to be told here.
Electric Vehicle Models: Mass market players like Maruti Suzuki, Hyundai, Mahindra & Mahindra and Tata Motors are lining up new models to cater to demand across segments.
Nissan EV Production: Japanese auto giant Nissan said Monday it will slash production costs for next-generation electric vehicles by 30 percent as it competes with fast-growing Chinese rivals. Nissan also said it would reduce the cost of next-generation EVs by 30 percent by "integrating powertrains, utilising next-generation modular manufacturing, group sourcing, and battery innovations".
Nissan Car Sales Target: Nissan Motor unveiled plan to launch 30 new models by March 2027, targeting 1 million increase in global sales. Nissan is focussing on cost-cutting for profitability, aiming for 6% operating profit margin and 30% shareholder returns.