JSW Group to invest INR 40,000 cr in Odisha for EV and battery plant

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...

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Best Electric Scooters In India in 2024 - 25

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...

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LG Energy plans to sell batteries to more EV car makers in India

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 ...

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Opinion: How carbon credits can drive sustainability, accelerate EV adoption

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...

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EV makers may get boost with INR 2,671 crore allocation in interim budget 2024

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...

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BPCL invests Rs 120 crore to install 1800 DC fast EV chargers

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-...

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Opinion: How the Interim Budget 2024 can foster robust automotive landscape

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...

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What can the government in the Budget 2024 do to charge up India's EV sector

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 ...

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Tata to make EVs at Sanand Plant from April, may launch Tata Curvv EV, Tata Harrier EV later this year

Tata Motors plans to start production of electric vehicles at the Sanand plant in April, as it is acquiring the facility from Ford India. The company will start production of the Nexon EV and plans to introduce the Curvv EV and Harrier EV. Tata Motors aims to outperform the industry, targeting 5% gr...

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