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Senior Maruti Suzuki executive on why hybrids are gaining traction and not EVs

Maruti Suzuki executive attributes low adoption of electric vehicles in India to their higher cost of acquisition. He also highlights range anxiety as a barrier to EV purchase. The government s measures to incentivize local battery production and charging infrastructure support are crucial in reducing acquisition costs and addressing consumer concerns. ....

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General Motors Head Holds Talks With Samsung, LG Executives Over Electric Vehicles Battery and Auto Electric Parts: Reports

Barra and the Samsung executives reportedly discussed cooperation in the ongoing construction of a joint venture EV battery factory between Samsung SDI and GM, as well as over displays and vehicle camera modules. General Motors Head Holds Talks With Samsung, LG Executives Over Electric Vehicles Battery and Auto Electric Parts: Reports. ....

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India's diesel demand to rise rapidly in 6 years: IEA

Domestic diesel demand is projected to rise from 1.8 million barrels per day (mbd) in 2023 to 2.3 mbd in 2030, an increase of 4.5% annually, IEA said in its India Oil Market Outlook. By comparison, petrol demand is estimated to rise a modest 0.7% every year to 1 mbd in 2030 from 0.9 mbd in 2023. For the last many years, diesel consumption has grown at a much slower pace than petrol as preference for petrol cars grew after deregulation eroded diesel s price advantage. ....

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Anglo American joins Chinese firm on EV battery tech

Anglo American announced the launch of a research and development project in collaboration with GEM, one of China’s largest battery and battery material recyclers. ....

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Tuesday newspaper round-up: EVs, Arrival, Lloyds Banking Group

Ministers need to intervene to boost the secondhand electric vehicle market and allay “uncertainty and concerns” over the health of their batteries, a House of Lords committee has said. Peers on the environment and climate change committee urged the government to step up efforts to encourage electric vehicle adoption amid consumer jitters over the cost of vehicles, the longevity of their batteries and the availability of charging points. – Guardian ....

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