Union Budget 2023 – Effects and implications on the auto industry

Electric cars are likely to be cheaper New personal income tax regime has been announced India's Finance Minister Nirmala Sitharaman presented the 2023-24 Union Budget with a strong focus on green energy and making electric vehicles more accessible to the masses. Interestingly, the g...

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Citroen India signs pact with Jio-bp to build EV charging infrastructure

Mobility solutions provider Citroën India has partnered with Jio-bp, a joint venture between Reliance Industries Ltd (RIL) and UK energy giant BP, to build electric vehicle charging infrastructure across the country, a joint release said on January 13. "Jio-bp will install the DC fast chargers...

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EKA Mobility partners with Shuzlan Energy to expand EV charging infrastructure

New Delhi: EKA Mobility, an electric vehicle and technology company, and a subsidiary of Pinnacle Industries Limited, is collaborating with Shuzlan Energy, a charging infrastructure provider, to offer a safe, convenient and accessible electric vehicle charging infrastructure and advanced charging st...

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Ola Electric to produce domestic lithium-ion cells by 2023, targets initial plant capacity of 5GW

Ola Electric, the maker of electric vehicles (EVs), plans to launch its own lithium-ion cell by the end of 2023, an important component in making batteries for EVs. Currently, electric vehicle manufacturers in India rely on lithium-ion battery cells from China, Taiwan, Japan and Korea. Ola currentl...

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Statiq launches fast EV charging station in Amritsar in partnership with Nexus Malls

New Delhi: Statiq, India's largest electric vehicle (EV) charging network provider, in association with Nexus Malls, has launched Amritsar's first EV charging station at Nexus Amritsar Mall. The charging station is equipped with two 60kW EV DC fast chargers to charge all types of electric vehicles a...

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Mahindra to set up EV manufacturing plant in Pune investing INR 10,000 cr in phases

NEW DELHI — Mahindra & Mahindra Ltd. on Wednesday announced that its investment of INR 10,000 crore for electric vehicles has been approved under the Maharashtra govement's Industrial Promotion Scheme for electric vehicles. The Company, through its subsidiary, will make investments of approx....

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Tesla launched in Thailand, opens bookings for 2 EV models

Tesla Inc launched two electric vehicle (EV) models in Thailand on Wednesday, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers. The launch of two EVs with prices ranging between 1.7 million baht to 2.5 million baht (48,447 to 71,205 dollars)...

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Ola Electric Opens 14 New Experience Centres in India, Aims To Open 200 by Year-End

Ola Electric has opened 14 new Experience Centers in eleven cities in the Indian market. The brand aims to expand its D2C reach and has set itself the goal of opening 200 outlets by the end of 2022. Today, it has more than 50 such expertise centers across the country. Ola Electric has opened three ...

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PMV Eas-E launched; most affordable EV in India - Autonexa

- Priced at  Rs 4.79 lakh (ex-showroom) - Available in three range options: 120, 160 and 200 km PMV Electric, a Mumbai-based startup, today unveiled its first compact electric vehicle, Eas-E, in the Indian market. Eas-E will be part of a new segment called PMV (Personal Mobility Vehicle)...

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