Media day is organising 3rd International Green Vehicle Expo insta charged by Log9 2022 at Bangalore International Exhibition Centre (BIEC) from July 1, 2and 3, 2022. Exhibition on Electric and hybrid vehicle, components, Batteries, GPS systems and allied industry in association with Government of Karnataka, FKCCI, Karnataka Small Scale Industries Association, Auto Dealers Association. Bengaluru, Hubli Automobile Dealers Association, Karnataka Two[Read More…]
More than 30 per cent of the vehicles sold in India will run on electricity by 2030, shows a study by Arthur D. Little (ADL). The study, which focuses on India’s EV industry, estimates that the sector will cross-sell 10 million vehicles by 2030, with an overall adoption rate of more than 30% across various vehicle categories. However, EV adoption for[Read More…]
Peugeot Sport has signed a multi-year partnership with Marelli. This partnership is based on the development of the most efficient electric solution to match the extreme performance requirements of the hybrid powertrain system of the PEUGEOT 9X8 Hypercar, that will compete from 2022 in the World Endurance Championship (WEC). Specifically, Marelli is providing the engineering and the supply of high-performance[Read More…]
Suzuki Motor, parent of automaker Maruti Suzuki, announced that it would invest Rs 10,440 crore to build a new electric car and battery factory in India. Maruti Suzuki is expecting to roll out affordable EV models in both Japan and India as early as 2025. The Japanese automaker intends to invest around Rs 3,000 crore for the new plant to[Read More…]
Stone Plant Investments B.V., an affiliate of Warburg Pincus has acquired a majority stake in Imperial Auto Industries Limited and its affiliated companies (“Imperial” or the “Group”). Imperial is a manufacturer of fluid transmission products (“FTP”) for automobile and off-highway sectors and was founded in 1969, The Group claims to generate revenues of approximately Rs. 2,200 crores, offers a diversified[Read More…]
Press Release Tata Motors, has won a contract to supply 65 electric vehicles to the Kerala State Electricity Board (KSEB) as part of a tender agreement (60 Tigor EVs and five Nexon EVs). This order is part of a competitive pan-India tender launched by KSEB in support of the state’s 2030 vision to “Go Green/Carbon Neutral.” A handover ceremony was[Read More…]
Chargeup, a company building battery-swapping network for electric two and three-wheelers, has announced that it has raised USD 2.5 million in pre-Series A round led by Capital-A and Anicut Capital. Other marquee investors who participated in the round include actors Tiger Shroff & Shraddha Kapoor, Aman and Sameer Gupta (founders of Boat), also participated in this round, with Grip invested[Read More…]
Orissa-based EeVe India has its task cut out! It wants to become the best electric scooter company in the country. To realise its aspirations, the company is striving hard to increasingly localise its products as a ‘Made In India’ offering to click with buyers. A testimony to the efforts fructifying to a large extent is the new flagship scooter from[Read More…]
BorgWarner is expanding its efforts into hydrogen combustion and was recently awarded its first hydrogen injection system production program for an off-road application by a European construction equipment manufacturer. This quick-to-market technology supports CO2-free mobility and offers an appealing total cost of ownership due to optimized energy efficiency and payload capacity as well as short refuelling time. “This business win strengthens the[Read More…]
LML Electric is laying the groundwork for a long-term future in the EV business in India and around the world. The company announced a strategic partnership with Saera Electric Auto, one of the auto two-wheeler producers formerly manufacturing for Harley Davidson. Saera’s facility strategically located in the auto hub of Bawal in Haryana is now set to produce the most[Read More…]
