Japanese automaker Honda optimistic of launching EVs in India, says mission can be accomplished if there is enough market demand
6 years, 3 months ago

Japanese automaker Honda optimistic of launching EVs in India, says mission can be accomplished if there is enough market demand

India TV News  

Japanese automaker Honda can "very quickly" bring electric vehicles to India if there is enough market demand to sustain business, but multiple technologies must be considered for future mobility, according to a senior company official. Mooting a road map with multiple technologies, he said: "As things progress and looking as how the energy mix progresses, one could look at phasing out hybrids and then moving to battery EVs." Commenting on the company's road map in terms of sales network, Goel said Honda is looking to expand its sales network in smaller towns as it expects robust demand for its mass market products to come from these locations going ahead. Goel said majority of the company's sales come from tier 1 cities but with products like Amaze, it would like to appeal to customers in tier 2,3 towns as well.

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History of this topic

Speeding ahead: Auto sector insights by Raja Venkatraman–6 January
1 week, 2 days ago

Speeding ahead: Auto sector insights by Raja Venkatraman–6 January

Live Mint  

The Indian auto sector has showcased an outstanding performance in 2024. With a record-breaking 26.1 million units sold, marking a 9% year-on-year growth, the sector's resilience and robust demand across various segments have brought it into the limelight. While the sudden revival has piqued interest in the trading and investing community once again, the auto sector's relative strength and its …

EV stakeholders deliberate on development of battery charging and swapping infrastructure
1 week, 5 days ago

EV stakeholders deliberate on development of battery charging and swapping infrastructure

Deccan Chronicle  

New Delhi: Various stakeholders from the electric vehicle sector on Friday held deliberations with commerce and industry minister Piyush Goyal here on various issues, including development of battery charging and swapping infrastructure. Officials from department of heavy industries, department for promotion of industry and internal trade and auto majors including Tata, TVS and Mercedes-Benz India among others also participated in …

EV players discuss development of battery charging, swapping infra with Piyush Goyal
1 week, 5 days ago

EV players discuss development of battery charging, swapping infra with Piyush Goyal

Live Mint  

New Delhi, Jan 3 Stakeholders from the electric vehicle sector held deliberations with Commerce and Industry Minister Piyush Goyal here on various issues, including development of battery charging and swapping infrastructure, an official said on Friday. In a bid to woo global EV makers into the country, in March last year the government rolled out an electric vehicle policy, under …

Watch: The Transition to EVs: Can India Lead the Charge? | Climate Economy
1 week, 5 days ago

Watch: The Transition to EVs: Can India Lead the Charge? | Climate Economy

The Hindu  

Welcome to the first episode of The Hindu’s Climate Economy! This episode focuses on India’s transport sector, a major contributor to greenhouse gas emissions, and its rapid transition to electric vehicles. Learn about India’s dependency on imported materials like lithium and cobalt, and how the government is addressing supply chain concerns. Join us as we unpack the policies, innovations, and …

Bharat Mobility Expo 2025: Upcoming EV launches from Hyundai, Tata, Maruti and Toyota
2 weeks ago

Bharat Mobility Expo 2025: Upcoming EV launches from Hyundai, Tata, Maruti and Toyota

Live Mint  

India’s automotive sector is gearing up for a monumental shift towards electric mobility in 2025, with a slew of new all-electric vehicles set to hit the roads. Maruti Suzuki e Vitara Maruti Suzuki is entering the electric segment with its first-ever EV, the e Vitara, which will make its India debut at the Bharat Mobility Expo. Toyota Urban Cruiser EV …

EV financing no longer risky, says Shriram Finance's executive vice chairman Umesh Revankar
2 weeks, 3 days ago

EV financing no longer risky, says Shriram Finance's executive vice chairman Umesh Revankar

Live Mint  

Financing electric vehicle purchases is no longer risky compared to about five years ago, as more established players are now manufacturing such vehicles and the zero-emission mobility ecosystem has grown in the country, Shriram Finance's executive vice-chairman Umesh Revankar said. Revankar's assessment of the sector followed Shriram Finance's announcement of a specialized green vertical to cater to electric mobility and …

Automotive to sustainable mobility, EVs and beyond: Auto industry’s journey for 2025
3 weeks, 1 day ago

Automotive to sustainable mobility, EVs and beyond: Auto industry’s journey for 2025

Live Mint  

New Delhi, Dec 24 Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced …

Maruti Suzuki To Unveil Its First EV e Vitara At Bharat Mobility Global Expo In 2025
Trending News
3 weeks, 5 days ago

Maruti Suzuki To Unveil Its First EV e Vitara At Bharat Mobility Global Expo In 2025

ABP News  

Maruti Suzuki will enter into the EV segment with its first made for India EV which also has a HEARTECT-e platform specially designed for Battery Electric Vehicles. The car has short overhangs, flat floor and will have more features than other Maruti Suzuki cars thus showing its premium status. The range would be around 550km per charge and that is …

Honda-Nissan merger: EV boom cutting off auto giants' vroom?
3 weeks, 5 days ago

Honda-Nissan merger: EV boom cutting off auto giants' vroom?

India Today  

Two of the world’s giant carmakers, Nissan and Honda, are taking steps towards a merger. While Honda’s net profit slumped by 19.7 per cent, Nissan’s fell drastically by 93.5 per cent. Rise of EVs “Electric car sales keep rising and could reach around 17 million in 2024, accounting for more than one in five cars sold worldwide," the Global EV …

A tie-up between Honda and Nissan will not fix their problems
3 weeks, 6 days ago

A tie-up between Honda and Nissan will not fix their problems

Live Mint  

Honda put nostalgia to the fore on December 18th when it announced that the Prelude, a nameplate last produced some 25 years ago, now being relaunched as a hybrid-electric, would come with the option of a system that simulates gear changes and combustion-engine noises. It is considering merging with Nissan, a floundering domestic rival, to create the world’s third-largest carmaker …

Mint Quick Edit | Can a Honda-Nissan merger secure an EV boost?
3 weeks, 6 days ago

Mint Quick Edit | Can a Honda-Nissan merger secure an EV boost?

Live Mint  

Could Japanese carmakers rally together to push the pedal on electric vehicles, a fast-emerging market in which they lag their overseas rivals? While their headquarters only confirm further talks, Nissan’s biggest shareholder Renault is said to be open to the idea and now stock markets seem to be betting on the two merging to form a $54 billion business, the …

French auto parts supplier Valeo bets on India EV transition even as demand cools
4 weeks, 1 day ago

French auto parts supplier Valeo bets on India EV transition even as demand cools

Live Mint  

New Delhi: Growing adoption of electric vehicles in India is unlocking opportunities for the Indian arm of French auto parts supplier Valeo to increase revenue per vehicle, according to a top company executive, even if sales have temporarily slowed for one of its top customers in India. For instance, we supply Tata with onboard chargers and DC-DC converters, while Mahindra …

Pure EV Strengthens Hyderabad Presence
1 month ago

Pure EV Strengthens Hyderabad Presence

Deccan Chronicle  

Hyderabad: PURE EV, one of India’s leading electric two-wheeler manufacturers, inaugurated its largest showroom in Hyderabad today. The showroom offers a one-stop destination for electric two-wheeler enthusiasts, showcasing PURE EV’s flagship products: ePluto, eTrance, ecoDryft, and eTryst. Rohit Vadera, Founder and CEO of PURE EV, highlighted the company’s vision, stating, “We take immense pride in PURE EV’s growing customer base …

Elon Musk's Tesla seeks showroom space in New Delhi, may be rethinking Indian market entry
1 month ago

Elon Musk's Tesla seeks showroom space in New Delhi, may be rethinking Indian market entry

Firstpost  

Recent policy changes by the Indian government, aimed at attracting global automakers, could allow Tesla to import certain EVs at a reduced 15% tax rate if it commits to local investments Tesla is reportedly seeking a 3,000 to 5,000 square foot space for a consumer experience centre, along with a larger facility for vehicle deliveries and service operations. Image Credit: …

Motorcycles will be key driver of growth for Pure EV
1 month, 1 week ago

Motorcycles will be key driver of growth for Pure EV

Deccan Chronicle  

Hyderabad: Pure EV, a Hyderabad-based electric two-wheeler manufacturer, has been making waves in the industry with its innovative approach to electric vehicle technology. According to Dr. Dongari, the company’s focus on research and development has enabled it to develop advanced technologies such as predictive artificial intelligence algorithms, which have been developed in collaboration with IIT Hyderabad. The company’s most selling …

India to expand EV policy for other automakers after Tesla doesn't turn up: Report
1 month, 2 weeks ago

India to expand EV policy for other automakers after Tesla doesn't turn up: Report

Hindustan Times  

The Centre is planning to expand its electric vehicle policy to also include automakers who currently manufacture, instead of just limiting it to ones willing to enter and build new plants, Reuters reported. A view of Tesla logo at an electric vehicle charging station between Los Angeles and Las Vegas in Baker, California, U.S., November 19, 2024 According to the …

India to expand EV manufacturing incentives after Tesla disappointment, source says
1 month, 2 weeks ago

India to expand EV manufacturing incentives after Tesla disappointment, source says

Live Mint  

* Incentives to be expanded to automakers using existing plants * Policy originally designed to lure Tesla to manufacture in India * Changes designed to encourage EV investment by other automakers * Policy rules expected to be finalised by March 2025 By Aditi Shah NEW DELHI, Nov 29 - India plans to expand electric vehicle incentives to automakers building models …

A Japanese major has entered India's EV space. It is not Suzuki, Toyota or Nissan
Trending News
1 month, 2 weeks ago

A Japanese major has entered India's EV space. It is not Suzuki, Toyota or Nissan

India Today  

A Japanese auto company has finally entered the electric vehicle space in India. Honda Motor Company's Indian two-wheeler subsidiary, Honda Motorcycle & Scooter India, has introduced two new electric models -- the Activa e: and the QC1. According to a senior Honda official, the company is planning to manufacture 1,00,000 units of the Activa e: and the QC1 in the …

Mahindra BE 6e, Hyundai Creta EV And Maruti E Vitara To Woo Indian EV Buyers
1 month, 3 weeks ago

Mahindra BE 6e, Hyundai Creta EV And Maruti E Vitara To Woo Indian EV Buyers

ABP News  

The Indian EV space is still in its nascent stage with few players but over the course of the next two months all that could change. Bigwigs like Maruti Suzuki, Hyundai and Mahindra will join current EV players Tata and MG to launch new offerings in the compact SUV space. The BE 06 would have battery packs ranging from 59kWh …

Honda targets 2x EV range by 2029 with solid-state batteries
1 month, 3 weeks ago

Honda targets 2x EV range by 2029 with solid-state batteries

India TV News  

Honda Motor has set ambitious goals to revolutionize its electric vehicles by using all-solid-state battery technology to double their driving range by the late 2020s. Pilot facility and key targets for 2025 Honda's Tochigi facility is a critical step towards achieving mass production of solid-state batteries. The new technology promises to offer longer driving ranges, faster charging times, and greater …

Centre will electrify its own fleet, states should follow example, says Tarun Kapoor, adviser in the PMO
1 month, 3 weeks ago

Centre will electrify its own fleet, states should follow example, says Tarun Kapoor, adviser in the PMO

Live Mint  

New Delhi: The Union government is planning to use electric vehicles for its operations, and will urge states to follow suit, Tarun Kapoor, adviser in the Prime Minister's Office said on Tuesday. States will be incentivized to electrify their government fleets through interest-free loans from the Centre, Kapoor told the EV industry at the FICCI National Conference on Electric Vehicles …

‘Marathon not a sprint’: Audi India head on EV adoption
2 months ago

‘Marathon not a sprint’: Audi India head on EV adoption

Live Mint  

The slowdown in electric vehicle sales is temporary and the industry will grow over time, Audi India head Balbir Singh Dhillon said, pointing to the need for extensive charging networks and supportive government policies. In countries with high EV penetration like Norway and Iceland, strong charging networks and consistent government policies have helped, Dhillon said. Sparse charging network A sparse …

HTLS 2024: Audi India’s Balbir Singh Dhillon outlines four key factors for EV success
2 months ago

HTLS 2024: Audi India’s Balbir Singh Dhillon outlines four key factors for EV success

Hindustan Times  

Audi India head Balbir Singh Dhillon on Friday listed four factors that could lead to electric vehicles' success in India. Audi India head Balbir Singh Dhillon said there is a need for high-speed charging infrastructure. Hindustan Times Leadership Summit 2024 LIVE Updates Dhillon noted that the most important issue remains if the government can help in improving high-speed charging infrastructure …

GoI planning to revisit EV policy, in a bid to attract Tesla, other international automakers
2 months ago

GoI planning to revisit EV policy, in a bid to attract Tesla, other international automakers

Firstpost  

Under the current Scheme to Promote Manufacturing of Electric Passenger Cars in India, companies can import electric vehicles at reduced customs duties if they commit to certain investment and localisation targets Currently, eligible companies are allowed to import EVs costing $35,000 or more at a reduced customs duty rate of 15 per cent, compared to much higher regular rates. Image …

Honda electric scooter launch in India on November 27
2 months, 1 week ago

Honda electric scooter launch in India on November 27

India Today  

Leading two-wheeler manufacturer Honda Motorcycle & Scooter India will launch its maiden electric model in the country on November 27. With its unabated dominance in the internal combustion engine scooter segment with models like the Activa and the Dio, we expect Honda's first electric model to be a scooter as well. If we talk about the electric two-wheeler space, as …

e Vitara to electrify Maruti's EV dream in India
2 months, 1 week ago

e Vitara to electrify Maruti's EV dream in India

India Today  

The e Vitara, Suzuki Motor Corporation's first battery electric vehicle model, has been revealed in Milan, Italy. Although the e Vitara will power Maruti's EV dream in India, almost 50% of the total units produced will be exported to Europe and Japan. The e Vitara is based on the eVX concept model, which made its global debut at Auto Expo …

Maruti Suzuki and Toyota's Born EV: A Game Changer for India
2 months, 2 weeks ago

Maruti Suzuki and Toyota's Born EV: A Game Changer for India

ABP News  

Maruti Suzuki and Toyota are developing a new electric vehicle (EV) for India. The BEV will be a born EV, meaning it will have no similarity to other ICE engine cars in the Maruti or Toyota range. It will be produced at the Suzuki Motor plant in Gujarat and will be a 4m plus SUV like the Grand Vitara. The …

Mapping the Electric Landscape: A Deep Dive into India's EV Growth
2 months, 3 weeks ago

Mapping the Electric Landscape: A Deep Dive into India's EV Growth

Hindustan Times  

India's electric vehicle landscape is undergoing a crucial transition, with the government implementing various initiatives to encourage EV adoption. The focus on incentivising battery electric vehicles (BEVs) and expanding charging infrastructure has provided much-needed momentum. However, there are significant disparities in EV infrastructure across the country, with some states lagging behind. The Delhi EV Policy offers substantial incentives for purchasing …

Acceptability of new energy vehicles set to rise by end of decade: Survey
3 months, 3 weeks ago

Acceptability of new energy vehicles set to rise by end of decade: Survey

New Indian Express  

NEW DELHI: Majority of new car buyers, who participated in a study, were ready to accept new energy vehicles as the only option when considering a purchase by 2030, according to a survey. Around 83 per cent of the 1,000 prospective Indian buyers covered in the global survey said they will consider buying an NEV by the end of this …

EVs to reach cost parity with ICE in 2 years: Gadkari
4 months ago

EVs to reach cost parity with ICE in 2 years: Gadkari

The Hindu  

With falling lithium-ion battery prices, electric vehicles can now maintain cost without subsidies but it is for the Finance and Heavy Industries Ministries to decide if incentives need to be given to electric vehicles, Union Minister Nitin Gadkari said on Monday. Speaking at the annual session of Automotive Components Manufacturers Association at New Delhi, Mr. Gadkari, the Minister for Road …

Allow natural growth of India's e-vehicle sector to avoid becoming 'EV colony' for China: GTRI
4 months, 1 week ago

Allow natural growth of India's e-vehicle sector to avoid becoming 'EV colony' for China: GTRI

The Hindu  

The government should allow the domestic electric vehicle sector to grow naturally without relying on incentives as it would avoid India becoming an 'EV colony' for China, think tank GTRI said on Friday. By allowing market forces to steer the sector's growth, India can avoid becoming an 'EV colony' for China and carve out its own path in the global …

India set the international best practice for driving the electrification of buses: Drew Kodjak
4 months, 2 weeks ago

India set the international best practice for driving the electrification of buses: Drew Kodjak

Hindustan Times  

The transition from fossil-fuelled vehicles to battery-powered EVs is a complex process that involves prioritising an auto segment that cuts emissions the most, formulating regulatory frameworks and incentives, ensuring economic viability and a just transition, providing adequate infrastructure to run these zero-emission vehicles, and generating green jobs and propelling economic growth in the process. India is considering a suite of …

Mint Sustainability Summit: EV adoption in India faces inadequate charging facilities, emergence of alternative fuels
4 months, 2 weeks ago

Mint Sustainability Summit: EV adoption in India faces inadequate charging facilities, emergence of alternative fuels

Live Mint  

New Delhi: The slow adoption of electric vehicles in India stems from the incessant need to find alternative fuels and the lack of adequate charging infrastructure in the country, according to industry leaders who spoke at the Mint Sustainability Summit 2024 on Tuesday. Subsidies not the answer However, Aanchal Jain, CEO of PMI Electro Mobility Solutions, a global technology company …

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive
5 months ago

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive

The Hindu  

In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in the country within …

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed
5 months ago

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed

Associated Press  

HANOI, Vietnam — In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in …

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive
5 months ago

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. To woo automakers like Tesla while also protecting domestic …

Japan rivals Nissan and Honda will share EV components and AI research as they play catch up
5 months, 2 weeks ago

Japan rivals Nissan and Honda will share EV components and AI research as they play catch up

Associated Press  

TOKYO — Japanese automakers Nissan and Honda say they plan to share components for electric vehicles like batteries and jointly research software for autonomous driving. “Companies that don’t adapt to the changes cannot survive,” said Honda Chief Executive Toshihiro Mibe. By coming together in what Mibe and counterpart at Nissan, Makoto Uchida, repeatedly called “making friends” to achieve economies of …

Academicians, industry experts share insights on future of electric vehicles
5 months, 2 weeks ago

Academicians, industry experts share insights on future of electric vehicles

The Hindu  

The National Institute of Technology-Calicut, in collaboration with the Institute of Electrical and Electronics Engineers, hosted the PES YP Research Conclave 2024. Presiding over the function, Dr. Ajith Gopi, chairman of IEEE PES Kerala Chapter, emphasised the importance of academia-industry collaboration in fostering innovation in the EV sector. Dr. Shihabudeen K.V., Assistant Professor in Electrical Engineering; Dr. Kumaravel S., Associate …

The way forward for investments in the EV space | Explained
6 months ago

The way forward for investments in the EV space | Explained

The Hindu  

The story so far: According to media reports, the government is looking to expand the scope of its electric vehicle policy, announced in March, to include a retrospective effect. The policy announced in March aimed to provide Indian consumers with access to the latest technology and strengthen the EV ecosystem by encouraging healthy competition among EV players by attaining higher …

Battery electric vehicle sales cross 1 crore mark globally this year: Report
6 months, 1 week ago

Battery electric vehicle sales cross 1 crore mark globally this year: Report

India TV News  

This year, the sale of battery electric vehicles is expected to reach the 10-million milestone, demonstrating a significant accomplishment for the global passenger vehicle market. "By revamping supply chains and preparing to produce affordable EVs priced below $35,000, automakers like Ford, GM, Stellantis, and Volkswagen are positioning themselves to compete with market leaders," said research analyst Abhik Mukherjee. "These tariffs …

Electric heavy-duty vehicles unlock pathway for significant reduction of GHGs in India, study finds
7 months, 2 weeks ago

Electric heavy-duty vehicles unlock pathway for significant reduction of GHGs in India, study finds

Hindustan Times  

The increased adoption of electric vehicles across two, three, and four-wheeler segments in India, driven by government schemes, is transforming the country's transportation sector. GHG emissions reduction scenario for HDVs by 2030 The ICCT study modelled future changes in India’s electricity grid using projections from the International Energy Agency scenarios. Meanwhile, for the categorisation under powertrain and fuel type, in …

Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
7 months, 4 weeks ago

Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets

Associated Press  

TOKYO — Japanese automaker Honda reaffirmed its commitment to electric vehicles Thursday, saying it will invest 10 trillion yen through fiscal 2031 to deliver EV models around the world, including the U.S. and China. The so-called “0 Series,” a key part of Honda’s EV strategy, will be a totally new EV series created from “zero,” Chief Executive Toshihiro Mibe told …

Are technological advancements accelerating electric mobility in India?
8 months, 1 week ago

Are technological advancements accelerating electric mobility in India?

Hindustan Times  

Right from the time we wake up to alarm notifications and track our daily number of steps through smartwatches to mapping traffic and making online purchases, technology has significantly impacted our lives. With the sustainability trend gaining prominence, technological advancements are making significant strides in accelerating electric mobility in India. We foresee tech trends like the emergence of contactless parking …

Crisis or opportunity: traditional automakers in EV race
8 months, 2 weeks ago

Crisis or opportunity: traditional automakers in EV race

China Daily  

A BYD vehicle on display during an expo in Paris, France. Delving into the changing global auto industry landscape, the article analyzes the challenges facing established automakers like Toyota and the advantages of emerging players, and provides insights into the future development of the industry. Toyota, the reigning champion of gasoline vehicles, has actively downplayed EVs and even hindered the …

Crisis or opportunity: traditional automakers in EV race
8 months, 2 weeks ago

Crisis or opportunity: traditional automakers in EV race

China Daily  

A BYD vehicle on display during an expo in Paris, France. Delving into the changing global auto industry landscape, the article analyzes the challenges facing established automakers like Toyota and the advantages of emerging players, and provides insights into the future development of the industry. Toyota, the reigning champion of gasoline vehicles, has actively downplayed EVs and even hindered the …

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%
8 months, 3 weeks ago

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%

Live Mint  

India's Tata Motors is planning to import its Jaguar Land Rover luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, according to a Reuters report. Import duties on some EV models have been slashed from as high as 100 percent to just 15 percent, provided the carmaker invests at …

Tesla scouts for its first India showroom locations
8 months, 4 weeks ago

Tesla scouts for its first India showroom locations

The Hindu  

U.S. electric carmaker Tesla is looking at potential showroom locations in New Delhi and Mumbai ahead of plans to begin sales in India later this year, two people familiar with the discussions said. India last month cut electric vehicle import taxes to 15% from as much as 100% for automakers that invest at least $500 million and set up a …

Ahead of Elon Musk's India visit, Tesla explores showroom locations in New Delhi, Mumbai: Report
9 months ago

Ahead of Elon Musk's India visit, Tesla explores showroom locations in New Delhi, Mumbai: Report

India TV News  

Washington: Ahead of Tesla CEO Elon Musk's visit to India, the US electric carmaker is looking at potential showroom locations in New Delhi and Mumbai ahead of plans to begin sales in India later this year, two people familiar with the discussions told news agency Reuters. India last month cut electric vehicle import taxes to 15% from as much as …

Tesla on Tamil Nadu's radar ahead of Elon Musk's India visit: Report
9 months ago

Tesla on Tamil Nadu's radar ahead of Elon Musk's India visit: Report

India Today  

The Tamil Nadu government is set to aggressively market the state as a potential manufacturing site for global electric vehicles giant Tesla ahead of Elon Musk’s visit to India, reported Bloomberg News. Tamil Nadu’s Minister for Industries, Investment Promotion & Commerce TRB Rajaa told the publication that the state “will be pitching for all opportunities of electric vehicle manufacturing from …

Hyundai, Kia partner with Exide Energy for EV battery localisation in India
9 months, 1 week ago

Hyundai, Kia partner with Exide Energy for EV battery localisation in India

Business Standard  

India is a key market for vehicle electrification due in part to the government's carbon neutrality goals South Korean auto majors Hyundai Motor Company and Kia Corporation on Monday announced a partnership with homegrown battery maker Exide Energy Solutions Ltd for electric vehicle battery localisation in India. Hyundai Motor Company and group firm Kia Corporation have signed a Memorandum of …

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