Urging domestic players to take advantage of the opportunities generated amidst Covid-19 pandemic, Nitin Gadkari, Union Minister for Road Transport and Highways, expressed confidence over India emerging as an Electric Vehicle (EV) manufacturing hub in next five years. He reasoned that global businesses are looking for opportunities outside China. Assuring support to the EV sector, Gadkari mentioned that the government[Read More…]
Amidst the evolving India and China trade dynamics, the Government of India has taken a firm stand on Chinese investors. Taking a bold step to bar their participation in the Micro, Small and Medium Enterprises (MSME), confirmed Nitin Gadkari, Union Minister for Road Transport and Highways, Shipping and MSME that Chinese companies would not be allowed to invest in MSME[Read More…]
Even as automotive component manufacturers resumed operations, import bottlenecks are known to have hit the supply chain. Citing the complexity of the automotive value chain and the need for clearance permit of imports, with the backdrop of import congestion, Deepak Jain, President, Automotive Component Manufacturers Association of India (ACMA) addressed the issue by drawing attention to inordinate delays in clearance[Read More…]
The low voltage drive system from MAHLE Holding (India) consists of an IPM motor and a controller aimed at small electric vehicles. Story by: Deven Lad MAHLE Holdings (India) Pvt. Ltd. first showcased its low voltage drive system at Auto Expo 2020. Consisting of a low voltage Interior Permanent Magnet (IPM) motor with a controller, the drive system is specially[Read More…]
Story by: Deven Lad Greaves Cotton Ltd. has found success with new levers of growth. Ranked 13th in Fortune India’s Mid-sized Marvel section of ‘The Next 500’ list, the company continues to contribute strongly to the affordable and last-mile mobility ecosystem. On one hand, the company has tightened its grip through a refreshed positioning in the engine and engine products[Read More…]
In the ongoing Series A funding cycle, Euler Motors makes a strong business case with its MaaS offering. Story by: Deven Lad Euler Motors is riding high on investor confidence in its business model. Offering Mobility-as-a-Service (MaaS) stack for India centric commercial Electric Vehicles (EV), the Tesla inspired automotive technology start-up looks to have cracked the investor code. The company[Read More…]
Bloomberg Philanthropies, in partnership with BloombergNEF released a report on India’s Clean Power Revolution. The report outlines the current successes and future potential of India’s clean energy economy. Story by: Deepti Thore India is emerging as the numero uno market for clean energy investment. According to BloombergNEF’s Climatescope, the country has taken centre stage with declarations of ambitious renewable energy[Read More…]
The replacement of old and discharged batteries is expected to drive growth in the battery segment. Story by: Ashish Bhatia With the ongoing pandemic, there is a glimmer of hope for the aftermarket segment. Batteries are expected to be the outliers despite the overall weakness witnessed by the automotive sector. Especially Lead-acid Batteries (LAB). The LAB segment revenue is estimated[Read More…]
Amara Raja Batteries has partnered Gridtential Energy to assemble and test advanced bipolar lead-acid batteries aimed at electric and hybrid vehicles. Story by: Deepti Thore The next generation of batteries already developed or being developed is aiming to outdo the previous generation batteries broadly on fronts like charge capacity, charging speed and battery life. All of this while also being[Read More…]
In an upfront interaction, Nagesh Basavanhalli, Managing Director and Chief Executive Officer, Greaves Cotton Ltd. spoke about the company’s plan for its e-mobility business Interview by: Deven Lad Q. How much does the emobility business contribute to the overall revenue? Did you anticipate the kind of growth you’ve registered with this new business? A. As seen from the last[Read More…]
