New Delhi: From being the carmaker that put the nation on wheels, Maruti now seems to be aiming for the sky, thanks to its Japanese parent company Suzuki. The company plans to make electric aerial helicopters, larger than a drone but smaller than a traditional helicopter, to carry at least three pas...
JSW Group Chairman Sajjan Jindal has confirmed plans to invest INR 40,000 crore in Odisha to set up battery and electric vehicle manufacturing facilities The investments, which will be implemented in phases, will be used to establish manufacturing facilities with an annual production capacity of 10...
Electric scooters are rapidly redefining urban mobility across India, heralding a new era in green and efficient transportation. As cities battle pollution and congestion, these sleek, battery-powered vehicles are becoming a model for sustainable travel. Its rise signals a crucial shift in the way w...
South Korea's LG Energy Solution, the largest supplier of battery cells to electric scooter manufacturers in India, plans to increase its presence in the country's passenger vehicle market, the company said in a statement on Thursday. LG Energy, which supplies batteries globally to automakers such ...
The world faces horrific prospects for climate change, from melting glaciers in Antarctica to volcanic eruptions in Iceland, to recurring cloudbursts in India. Overcoming climate change and its devastating consequences requires the collective participation of countries and leaders. India is proacti...
EV makers are likely to agree with Finance Minister Nirmala Sitharaman to allocate an outlay of Rs 2,671 crore for faster adoption and manufacturing of electric (and hybrid) vehicles in India (FAME) for FY25. The additional outlay of the scheme in the interim budget is the first official indication...
BPCL has placed an order for 1,800 DC EV chargers from Servotech Power Systems Ltd. With a project value of Rs 120 crore, Servotech will manufacture, supply, and install 1,800 EV chargers across the country at BPCL's petrol pumps in major cities by the end of the year 2024. As part of the BPCL E-...
NEW DELHI: Since it is a Lok Sabha election year, the Union Budget 2024 on February 1 will be provisional. The automotive industry expects the budget to adopt a growth-oriented strategy, prioritizing improving localization capabilities and stimulating the adoption of alteative fuel solutions. This i...
India's electric vehicle sector achieved a historic milestone in 2023, with sales crossing 1.5 million units and year-on-year growth of 50%. However, EV penetration remains low due to range conces, high prices, and inadequate charging infrastructure. Dr. Waman Parkey, Partner and Head of Automotive ...